Finished goods are prepared under Stock item so it is not getting reflected when i am passing the JV.
Stock Transfer to Fixed asset
Page no : 2
Yasaswi Gomes new
(Finance )
(4514 Points)
Replied 19 January 2024
You need to have two ledgers
1. Raw material
2. Finished goods
This must be created as a stock item.
You also must use journal entries to convert raw material to finished goods
Then you have update your closing stock daily and then you will see finished stock.
If the manufacturing unit is unorganised but producing manually, it's advisable maintain closing stock vouchers right from the beginning. Then update closing stock on finished goods stock items by altering it daily
Yasaswi Gomes new
(Finance )
(4514 Points)
Replied 19 January 2024
This is for budgeting manufacturing vouchers
https://help.tallysolutions.com/docs/te9rel66/Creating_Masters/Inventory_Info/#gref
Yasaswi Gomes new
(Finance )
(4514 Points)
Replied 19 January 2024
Use this for fixing opening and closing stock
https://help.tallysolutions.com/tally-prime/inventory/stock-items-faq/#1460201
Yasaswi Gomes new
(Finance )
(4514 Points)
Replied 19 January 2024
All of those things work properly and practice integration between manufacturing vouchers and physical stock vouchers in student mode. Tally is multiple and you can do these manually as well
Recent Topics
- Misplace society Bye law
- Submit ommited invoice of previous year
- Need your valueble insight
- GSTR-9 Invoices
- Agricultural Business Loss
- Reporting in gstr9 of ITC of Previous year reverse
- Tax on Reimbursement of House Rent
- MAHARASHTRA CHARITY COMMISSIONER WEBSITE
- Explanation 3 to section 11(1) read with section 4
- Ammendment in Partnership On Death of Partner and
Related Threads
CAclubindia
