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Maintain Inventory In tally

Tally 2452 views 3 replies

Dear Friends and Members,

I would like to maintain inventory in tally, we purchase fixed assets, stationeries, etc for staff and issue to the staff, hence we would like to maintain inventory in tally, also we need to prepare issue slip while issuing materials to staff i.e stationery, and computers etc, can anyone guide me how to create the receipt entry and issue entry and transfer entry if the transfer is done from one staff to another staff...............

 

awaiting your replies

Replies (3)

Receipt entery is      asset dr   to   creditor

Issue entry is     Employee dr  to  asset

Inter transfer between employees entry is     Receiving party  dr  to Giving party

 

If there is any change in any of the above entry , notify me please.

Hi can you specifically explain how to do it, because I have been trying to do this, but not getting it, i also want tally to track the movement ,of material,,     for maintainaining inventory only im going to start new company in tally,

 

so please tell me the real VOUCHERS / ACTUAL VOUCHER names to be followed in tally and group heads of the following ledgers 

 

Employee Name (Ravi) 


Asset --- Group is Fixed Assets or Inventory  Items,

Dear Ravishankar,

There is no direct solution for your query

However, kindly provide following details so that i can try to assist

1) Inventory you are willing to maintain is as a Store manager ?

2) As you are purchasing stationary and issuing to employees, i think you want to track how much stationary you have given to each employee and no accounting implications right...?

3) Generally Stationaries are expenses and i think it should not affect our stock valuation, is my assumption is right..?

Please revert,

With regards,

Subramanya R


CCI Pro

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