21 September 2019
There are three types of stock 1. Raw material 2. Semi finished goods 3. Finished goods. From your mail we understand that inputs / raw material is issued for doing the project and project is yet to be completed. If so, debit material consumption and credit raw material account. Then Debit semi finished goods and credit raw material consumption. If you have software for manufacturing accounting , the system will automatically do accounting in operations and also in finance
23 September 2019
In Tally, create new ledgers semi finished goods and finished goods in current assets category like that of raw materials. similarly create ledgers like raw material consumed, semi finished goods consumed and finished goods consumed under direct expenses group and pass entry as per above mail.