Month: July 2024
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Creating a Job Work Out Order in TallyPrime: 6 Steps + Example
A Job Work Out Order in TallyPrime is used to send raw materials to a job worker for processing into finished goods. Here’s a detailed explanation with an example: 1. Prerequisites for Creating a Job Work Out Order in TallyPrime: 2. Steps to Create a Job Work Out Order in TallyPrime: 1. Go to Voucher…
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Stock Items – Scrap, By-products, & Co-products in TallyPrime
TallyPrime treats Scrap, By-products, and Co-products differently when it comes to Stock Items. Here’s a breakdown for each: 1. Scrap in TallyPrime: 1. Example: Creating Scrap in TallyPrime 2. By-products in TallyPrime: 1. Example: Creating By-Products in TallyPrime 3. Co-products in TallyPrime: 1. Example: Creating Co-Products in TallyPrime 4. Key Points while Creating Stock Items…
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Create Stock Items for Finished Goods (With BOM) in TallyPrime
Here’s how to create Stock Items for Finished Goods (With BOM) in TallyPrime with examples: 1. Accessing Stock Item Creation: There are two ways to access Stock Item creation: 2. Creating a Finished Good Stock Item (With BOM): 3. Defining Bill of Materials (BOM): 4. Saving the Stock Item: Once you’ve defined the BOM details,…
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Stock Items for Finished Goods (Without BOM) in TallyPrime
Here’s how to create Stock Items for Finished Goods (Without BOM) in TallyPrime with examples: 1. Accessing Stock Item Creation in TallyPrime: There are two ways to access Stock Item creation: 2. Creating a Finished Good Stock Item (Without BOM): 3. Example: Stock Item for Wooden Table Creating a Stock Item for Wooden Table (Large):…
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Create Stock Items as Raw Materials in TallyPrime: With Excise
Here’s how to create Stock Items – Raw Materials in TallyPrime with examples: 1. Accessing Stock Item Creation in TallyPrime: There are two ways to access Stock Item creation: 2. Creating a Raw Material Stock Item in TallyPrime: Example: Creating a Stock Item for Steel Plate in Tally Creating a Stock Item for Steel Plate…
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Material In (Finished Goods) Voucher Type in TallyPrime: 2 Ways
The Material In (FG) voucher type in TallyPrime serves a specific purpose within the Job Work processing framework. It’s designed to record the receipt of finished goods from a job worker after they’ve processed your raw materials. 1. Key Functionality of Material In (FG) Voucher Type in TallyPrime: 1. Job Work Scenario: When you send…
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Material In Voucher (Raw Material) in TallyPrime: 3 Easy Steps
The Material In (Raw Material) voucher type in TallyPrime plays a crucial role in recording the receipt of raw materials or any inventory items into your organization’s stock. This voucher is particularly useful for scenarios involving: 1. Creating a Material In Voucher: 2. Entering Details about Material In Voucher (Raw Material) in TallyPrime: The Material…
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Material Out Voucher (Transfer of Finished Goods) in TallyPrime
In TallyPrime, the Material Out voucher type (with a focus on “Transfer”) serves a vital purpose in recording the movement of finished goods out of your company’s stock. This scenario typically applies to internal transfers of finished products between your godowns (warehouses). 1. Key Use Case: 1. Internal Transfers: Moving finished goods from one godown…
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Material Out Voucher (Raw Material) in TallyPrime: 3 Easy Steps
The Material Out voucher in TallyPrime is crucial for recording the transfer of raw materials or any inventory items out of your organization’s stock. This voucher type is particularly useful for scenarios involving: 1. Creating a Material Out Voucher for Raw Materials in TallyPrime: 2. Entering Details for the Material Out Voucher: The Material Out…
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Create a Principal Manufacturer Ledger in TallyPrime: 2 Methods
In TallyPrime, a Principal Manufacturer ledger serves a similar purpose to a Job Worker ledger, but from your perspective as the entity sending materials for processing and receiving finished goods from an external manufacturer. Here’s a detailed guide on creating a Principal Manufacturer ledger: 1. Accessing Gateway of Tally: Launch TallyPrime and navigate to the…