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:

• Purchases: Recording raw materials purchased from suppliers.
• Returns to Supplier: Issuing credit notes for raw materials returned to suppliers (less common).
• Internal Transfers: Receiving raw materials from other godowns (warehouses) within your company.
• Job Work: Receiving finished goods from job workers after processing your raw materials (although typically recorded with a separate voucher type).

1. Creating a Material In Voucher:

1. Gateway of Tally (Alt+F12): Launch TallyPrime and navigate to the Gateway of Tally menu.
2. Create Voucher (Alt+F7): Select “Create Voucher.”
3. Material In (Optional): You might see “Material In” directly listed under “Create Voucher.” If not, proceed to step 4.
4. Other Vouchers (F10): Press F10 (Other Vouchers) and choose “Material In” from the voucher type list.

2. Entering Details about Material In Voucher (Raw Material) in TallyPrime:

The Material In voucher screen will have various sections to fill in:

• Party: Select the party supplying the raw materials. This could be a supplier’s ledger account or another godown account (for internal transfers).
• Stock Items: Choose the specific raw material items being received.
• Stock Item Allocation (Optional): If using batches, you can specify the batch(es) for the received raw materials for each stock item.
• Quantity: Enter the quantity of each raw material item being received.
• Rate: Enter the purchase price or cost per unit of the raw materials.
• Taxes (Optional): Configure any purchase tax or VAT to be applied (applicable for purchases from suppliers).
• Source Godown (Optional): Specify the sending godown for internal transfers.

3. Saving the Voucher:

Once you’ve entered all the necessary details, press Ctrl+S (Save) to create the Material In voucher.

4. Examples of Material In Vouchers in Tally:

Scenario 1: Purchase of Raw Materials

You purchase 200 units of “Steel Sheets” (raw material) from “ABC Metal Suppliers” at a cost of ₹100 per unit.

1. Navigate to Gateway of Tally > Create Voucher > Material In (or Other Vouchers > Material In).
2. Select “ABC Metal Suppliers” from the “Party” list.
3. Choose “Steel Sheets” as the stock item.
4. Enter “200” in the quantity field.
5. Enter “100” in the rate field.
6. Configure the appropriate purchase tax if applicable.
7. Press Ctrl+S to save the Material In voucher, recording the purchase of raw materials.

Scenario 2: Internal Transfer of Raw Materials

You receive 50 units of “Plastic Granules” (raw material) from your “Raw Materials Godown” into your “Production Unit.”

1. Navigate to Gateway of Tally > Create Voucher > Material In (or Other Vouchers > Material In).
2. Select the ledger account associated with your “Raw Materials Godown” from the “Party” list.
3. Choose “Plastic Granules” as the stock item.
4. Enter “50” in the quantity field.
5. The rate field might be for informational purposes (consider using the purchase price of the raw materials).
6. Specify “Production Unit” as the “Source Godown.”
7. Press Ctrl+S to save the Material In voucher, recording the internal transfer of raw materials.

5. Additional Considerations:

• You can create multiple debit and credit entries within a Material In voucher for complex scenarios (consult your accountant if needed).
• Material In vouchers can be linked with purchase orders for streamlined purchase management.
• Material In vouchers can be integrated with inventory reports to track stock inflows and maintain accurate inventory levels.

By effectively utilizing the Material In (RM) voucher in TallyPrime, you ensure proper recording of raw material receipts, manage purchase information, and maintain accurate inventory data for effective stock control within your organization.