Inter-Godown Transfer of Materials in TallyPrime: 5 Easy Steps

Recording an inter-godown transfer of materials in TallyPrime involves moving stock from one godown to another within the organization.

Here’s how to do it:

Table of Contents

1. Steps to Record Inter-Godown Transfer in TallyPrime:

1. Enable Multiple Godowns:

Go to Gateway of Tally > F11: Features > Inventory Features.
Enable Maintain Multiple Godowns.

2. Create Godowns:

Navigate to Inventory Info > Godowns > Create.
Define the source and destination godowns (e.g., “Main Warehouse” and “Retail Store”).

3. Record Stock Transfer:

Go to Gateway of Tally > Vouchers > Alt+F7: Stock Journal.
Select the Stock Journal voucher.
In the Source (Consumption) section, select the source godown and the item to be transferred.
In the Destination (Production) section, select the destination godown and the item to be received.

4. Specify Quantity:

Enter the quantity of the stock item being transferred.
Ensure that the quantities in both sections match.

5. Save the Voucher:

After entering all details, press Ctrl+A to save the voucher.

2. Example: Transferring Stock Between Godowns in TallyPrime

ABC Electronics has 500 units of Smartphone A in the Main Warehouse. They need to move 100 units to the Retail Store.

1. Record the Transfer:

Go to Stock Journal.
Select Main Warehouse as the source and Retail Store as the destination.
Enter 100 units for the transfer.

2. Save the voucher

3. Result:

Main Warehouse: 400 units remaining.
Retail Store: 100 units added.

This process keeps stock levels accurate across locations.

3. Benefits of Inter-Godown Transfer of Materials in TallyPrime:

1. Accurate Inventory Tracking:

Ensures that stock levels are accurately reflected in each godown.

2. Efficient Stock Management:

Helps in managing stock distribution across multiple locations.

3. Simplified Reporting:

Provides clear reports on the movement of goods between godowns.

4. Conclusion:

Recording inter-godown transfers in TallyPrime is a straightforward process that enhances inventory management across multiple locations.

It allows businesses to maintain accurate stock levels, ensuring efficient operations and preventing stock discrepancies.