How to maintain stock in tally when purchased in net weight and sold on gross weight? As my closing stock is going negative.
Gross and Net weight difference in stock
CA Rapunzel (Chartered accountant) (172 Points)
21 August 2023CA Rapunzel (Chartered accountant) (172 Points)
21 August 2023How to maintain stock in tally when purchased in net weight and sold on gross weight? As my closing stock is going negative.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 21 August 2023
CA Rapunzel
(Chartered accountant)
(172 Points)
Replied 21 August 2023
I purchase material on gross weight suppose 500 kg purchased after that i repack it and sell it at 575 gross weight. This makes my stock negative . kindly provide siolutiion
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 21 August 2023
Originally posted by : CA Ruchita Jain | ||
I purchase material on gross weight suppose 500 kg purchased after that i repack it and sell it at 575 gross weight. This makes my stock negative . kindly provide siolutiion |
Better to add Packing Materials weight separately...
or
Provide Stock Journal from Packing Materials to Selling Item...
NARENDRA
(ACCOUNTS MANAGER)
(1994 Points)
Replied 22 August 2023
There is an option when you create an item.You can set it. If you bought an item in M.T. & selling in K.g. , you can set there.