Tally entry for conversion of stock in trade to fixed assets

At current, the computer system is under stock item in tally. And now you want to convert it as Fixed Asset. So create a ledger in the name of computer system under the head of fixed asset.

then now pass the following entry.

Computer system (fixed asset) ..... Dr.

       To Purchase (computer system) stock

Amount will be same as purhcase amount of that stock converted.

Conversion of Stock into Fixed Asset

Create a Asset under Fixed Asset

Dr.Fixed Asset (Computer)

Cr. Stock(Computer)

At the time of passing JV Dr.Fixed Asset is coming. But I cannot able to credti the stock inthe JV. Kindly advice me

If its a manufacturing unit?

We have purchased materials from various places and assembled to a finished product. How can we transfer the stock into a fixed asset? Kindly advise,

But Sir Stock Item not less

But Sir Stock Item is not decrease.

Please guide..

What if the stock item taken from opening stock..?