Stock Vouchers in TALLY 7.2

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sadiq (Querist)
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08 May 2008 Hi !
First I want to thanks this website owners for a wonderful resources...Plus lots of friendly helps and replies am getting for solving our accounting problems...Keep it up buddy !
Suggestion: If a notification system is added when a reply is made through email,will be very nice.

Question:-

1) A company has used some of its own stock for its own company use..Like someone dealing in Motor Cycle spares, and used some spares for company Motor Bike !
How should this entry be entered in Tally ?

- Currently, am using STOCK INVENTORY Voucher from the GATEAWAY OF TALLY,deducting the stock plus entering the value...Is that correct ?
Doesnt it effect sales or other things ?

CA. Dashrath Maheshwari

CA. Dashrath Maheshwari (Expert)
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08 May 2008 In the repairs & maintenance ledger mark 'Yes' at 'inventory values are effected' option.
now, when you will enter a JV for repairs & maintenance expenses, it will ask you for the inventory items used, just give the details...

**DM

sadiq

sadiq (Querist)
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08 May 2008 so,what exactly is the STOCK INVENTORY Voucher?
So, will i need to delete my previous entries in stock inventory vouchers ?

CA. Dashrath Maheshwari

CA. Dashrath Maheshwari (Expert)
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09 May 2008 do you mean by stock journal,
stock journal should be used if the material/stock
1. is going from one godown/warehouse to another,
2. is going for the production of another material/product,
3. is lost/discarded/sold at Zero value/diminished/natural depreciation etc.

sadiq

sadiq (Querist)
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09 May 2008 hmmm...As per i think, it will be better to use Stock Journal...

As per your first reply, if i create a ledgre of Repairs/Maintenance..I will have to pinput the value ...In which case, there wont be any value, as the stock is just going out !

So it will be a zero value..isnt ?
There wont be any profit from that stock, just that it will be sold either for free or given to company use !

CA. Dashrath Maheshwari

CA. Dashrath Maheshwari (Expert)
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10 May 2008 as u wish....

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