To transfer stock items to fixed assets in Tally Prime, pass a journal entry debiting Fixed Asset and crediting Stock-in-Trade. Stock Journal does not support asset ledgers, so a normal journal entry is required to record the conversion from inventory to fixed asset.
27 August 2021
Some material of opening stock items want to use for office and require to transfer into fixed assets. How the entry made in tally prime to transfer these stock items into fixed assets. Stock journal transfers only stock item to item. How to transfer stock item in asset ledger.