Accounting Entry In Tally-9ERP

You shoul make vouchser entry & F1 for enventry, F7 for Production only quantity for consumption and production.

Thanks.

You can use BOM facility

Originally posted by : Deepak Tapse
	You can use BOM facility

BOM ?

First Activate Quantitative details for Inventory.

Activate Bill Of Material (BOM) for all Finished Goods items.

on receipt of raw material - enter quantity along with value for each material code.

on production of Finished Goods - pass a inventory entry for production of FG; with this your inventory of FG will be created and Raw material will be consumed.

On passing turnover entry - enter quantity as well as amount; your FG inventory for that product will be reduced by the quantity of sales.

In SAP this is being maped as below -

1) Receipt of raw material -

Raw material Stock A/C Debit (with each raw material wise quantity)

GR/IR (provision A/c) Credit

2) FG produced with the use of Raw Material  (consumption of raw material) -

2.a. FG Inventory A/c Debit (at standard cost) with production quantity of FG

        Change in FG inventory Credit

2.b Raw Material Consumption A/c Debit

       Raw Material Stock A/c Credit (at moving average price) with consumption quantity

3. Sale of FG

3.a  Customer A/c Debit - basic price + taxes and duties

        Turnover A/c Credit  - at basic sales price

        Taxes and Duties A/c Credit - at taxes and duty rates

3.b  Change in FG inventory A/c Debit - with quantity at standard cost

        FG Stock/Inventory A/c Credit - with quantity at standard cost

thank u

Dear Sir,

we are using Tally 7.2 in our office, we are Dealar

Q1 is. how we can entry in tally for 

Q2 How we can Maintain Stock Of Goods.

Q3 Cost Entries

Q4 I Want to Billing Thorugh Tally.

Pls Suggest me how can i Entry In Tally.

Thanking U

respected sir,

          How can i pass the fixed assets entry in tally, for eg. hp printer purchase @ 5% vat.

please reply.

Dear Deepika, In tally, create a ledger account named "HP Printer" under the group "Fixed Assets", then pass the following entry

HP Printer A/c Dr.

Cash or Bank or Supplier A/c Cr. 

You don't need to put entry of 5% VAT seperately as you purchased this printer for personal use and not for resale. Just make the above entry with full bill amount. 

working in manufacturing unit 

let me know, how to make entry in Tally.ERP9 for Demo sales i.e (Self Sales)

Can you please exaplain what is Demo Sales or Self Sales??

if for you self sales mean that you are taking the product for your personal use then it will be a drawing or you are selling to yourself for your use then it will be a normal sales entry because business and personal both are seperate things. 

So if you are taking it without payment for your perosnal use, then it will be a drawing entry

Drawing A/c Dr.

To Sales

and if you are making payment then normal sales entry like

Cash A/c Dr. 

To Sales

Hope it clears your doubt..

And if DEMO Sales means Free Sample Sent for Demo. Then it would be a Zero Value Sales Invoice.

To do this, on gateway of TAlly, press F11 - Inventory Features, in General, set "Yes" to Allow Zero Valued Entries and then comeout and make a sales voucher with no amount entered, only inventory will be affected in that..

hi , im working in an accounts firm here i have started the accounts by using tally erp. here is my   for instance here we have manufcturing product A and Product B, the finished good is Product AB. how to enter this stock groups in Tally. how we can deduct the row materials from inventories. i have done this in tally by adding stock items but when it comes to sale the product  is AB and the stock remains the same which mean A , B are still in the inventories.

Dear Rajesh

Q1 is. how we can entry in tally for 

Open tally and go to accounting entries

selsect the voucher type (payment, receipt, journal, sales & purchase ) and pass entries

Q2 How we can Maintain Stock Of Goods.

while passing purchase entries pass with inventry values (for this you have to create company with "accounts & inventry" ) while makeing sales entries pass with invcentries you can automatically get colsing stock

Q3 Cost Entries

payment voucher or journal you can use for book cost entries

Q4 I Want to Billing Thorugh Tally.

enter sales with inventory values