Category: Intermediate

TallyPrime doesn’t offer a direct way to maintain detailed information about damaged or scrapped stock items within Bills of Materials (BOMs). However, you can achieve this using a combination of features: 1. Understanding the Options for Maintaining Damages or Scrapped Stock Items Details in TallyPrime: 1. Stock Groups: While creating stock items, you can assign…

TallyPrime allows you to efficiently record the production of finished goods in scenarios where there are no by-products, co-products, or scrap generated during the manufacturing process. Here’s a detailed explanation of the process with an example: 1. Scenario: You want to record the manufacturing of 100 wooden boxes. Each box requires 4 nails and 1…

In TallyPrime, you can efficiently copy the components of a Bill of Materials (BOM) from one stock item to another. This saves time and ensures consistency when managing similar products with identical component requirements. Here’s a detailed explanation of the process with examples: 1. Scenario: 2. Copying BOM Components in TallyPrime: 1. Gateway of Tally…

TallyPrime allows you to create Bills of Materials (BoMs) that not only handle the main product but also account for co-products, by-products, and scrap generated during the manufacturing process. Here’s a detailed explanation with examples: 1. Understanding Co-Products, By-Products, and Scrap: 1. Co-products: These are commercially valuable products produced alongside the main product in a…

TallyPrime allows you to manage manufacturing processes by creating Bill of Materials (BOM) for stock items. A BOM details the raw materials, components, and quantities needed to produce a finished product. Here’s a breakdown of creating and using single BOMs in TallyPrime: 1. What is a Single BOM? A single BOM is ideal when a…

In TallyPrime, you can effectively record the return of stock items to a third party using the Stock Journal voucher with a specific configuration. Here’s a detailed breakdown of the process: 1. Scenario: 2. Recording Stock Return in TallyPrime: 1. Stock Journal (Alt+F7 -> Journal): Create a new voucher by selecting Stock Journal. 2. Party…

TallyPrime doesn’t have a specific “consume” option for stock received from third parties. However, depending on your scenario, you can achieve similar results using two different approaches: Scenario 1: Selling Stock Received on Consignment If you received the stock on consignment (meaning you’re selling it on behalf of the third party), you can record the…

In TallyPrime, you can record stock received from third parties using the Purchase Voucher while specifying the dedicated godown you created for such inventory. Here’s a detailed breakdown of the process with an example: 1. Scenario for Recording Stock Received from Third Party in TallyPrime: 2. Recording Stock Receipt in TallyPrime: 1. Purchase Voucher (Ctrl+F9):…

In TallyPrime, you can effectively track inventory sent to third parties by setting up dedicated Godowns/Locations for consignment sales or job work scenarios. Here’s a detailed guide on configuring TallyPrime to manage stock sent to third parties: 1. Creating Godowns for Third-Party Stock: 1. Gateway (Alt+F12): Launch TallyPrime and navigate to the Gateway by pressing…

In TallyPrime, while the Godown Summary report specifically focuses on stock levels and movement by godown, you can’t directly access a “Godown Type-wise View” from other reports. However, several reports offer functionalities that allow you to analyze inventory data with a godown-centric approach. Here’s how you can leverage these reports for godown-specific insights: 1. Stock…