Raw material entry

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This query is : Resolved

Quick Summary

A restaurant owner registered for GST is seeking guidance on how to record raw material purchases such as flour, oil, and vegetables in Tally. The advice provided suggests creating a 'Food & Beverages' ledger under the purchase group. Options range from a single ledger for all items (easy but less control) to separate ledgers for each item type, or maintaining inventory-wise accounts with individual item creation for better control.

Ravi Chandran

Ravi Chandran (Querist)

04 June 2021 Dear All,
I started a small size restaurant. Registered with GST regular stream. How can i enter the raw materials like flour, oil, vegetables, fruits etc into Tally? I entered the sale bills in tally. Please guide me to solve this query.
Thanks & Regards
D.Ravichandran
Coimbatore

Gokul Sharma

Gokul Sharma (Expert)

05 June 2021 open a ledger nameing foods & Beverages Under purchase group

Food & beverages A/c ........................ Dr.
to Vendor/cash

CA Altamush Zafar

CA Altamush Zafar (Expert)

05 June 2021 You have the following options
1) You can enter all food items under one head without maintaining inventory. It is easy to make entry but less control
2) You can different food items in different ledger which means for each type of food item there is a ledger.
3) You can maintain inventory wise accounts creating different items under single ledger. Proper control but comparatively difficult to pass entries. In this for every new item new item will have to be created in tally.

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