How to maintaine stock in case of manufacturing industries.
Actully my doubt is how to convert input materail into finished stock. suppoose 5 input A,B,C,D,E incurred for amnufacturing a Finshed product X then how i shuld enter this ???????????
1 Replies
CA Siddhartha Bhardwaj
(Proprietor at Siddhartha Bhardwaj & Associates Chartered Accountants)
(33456 Points)
Replied 19 September 2011
You need to pass an entry in stock journal (in inventory vouchers).
Source (consumption) will be your raw material and destination (production) will be your final product.
I am attaching a screen shot.
Feel free to seek clarifications.
Attached File : 116934 832980 tally.xls downloaded: 231 times
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