08 May 2008
Hi ! First I want to thanks this website owners for a wonderful resources...Plus lots of friendly helps and replies am getting for solving our accounting problems...Keep it up buddy ! Suggestion: If a notification system is added when a reply is made through email,will be very nice.
Question:-
1) A company has used some of its own stock for its own company use..Like someone dealing in Motor Cycle spares, and used some spares for company Motor Bike ! How should this entry be entered in Tally ?
- Currently, am using STOCK INVENTORY Voucher from the GATEAWAY OF TALLY,deducting the stock plus entering the value...Is that correct ? Doesnt it effect sales or other things ?
08 May 2008
In the repairs & maintenance ledger mark 'Yes' at 'inventory values are effected' option. now, when you will enter a JV for repairs & maintenance expenses, it will ask you for the inventory items used, just give the details...
09 May 2008
do you mean by stock journal, stock journal should be used if the material/stock 1. is going from one godown/warehouse to another, 2. is going for the production of another material/product, 3. is lost/discarded/sold at Zero value/diminished/natural depreciation etc.
09 May 2008
hmmm...As per i think, it will be better to use Stock Journal...
As per your first reply, if i create a ledgre of Repairs/Maintenance..I will have to pinput the value ...In which case, there wont be any value, as the stock is just going out !
So it will be a zero value..isnt ? There wont be any profit from that stock, just that it will be sold either for free or given to company use !
CAclubindia
