- Manufacturing or Stock journal can be created directly while creating a sale invoice. This is very useful in situation where the manufacturer has not been recorded but the invoice is prepared.
- We Can create a manufacturing journal and enter details of the components used to produce the finished goods, or the Co-Products/By-Products/Scrap produced during the manufacture of the finished goods, and so on
- Manufacturing Journal is used to pass the entry, when company manufactures any product or when company converts the raw materials into some finished goods.
Creating Manufacturing Journal Voucher: –
Gateway of tally—–> Create—–> Voucher Types
Name: – Manufacturing Journal
Type: – Stock journal
Method of voucher Entering: – Automatic
Use as A manufacturing journal: – Yes
Now, suppose company Manufacturing Shirt. Then We Needed Raw Material Such As Cloth, Thread, and Buttons Etc. For Manufacturing Shirt
- Create Unit of Measurement: –
- Mtr (Meters)
- Qty (Quantity)
- Creating following stock group: –
- Stock materials
- Raw materials
- Create following Stock Items: –
- Cloth (Under Raw Materials)
Quantity-2,000 Mtrs Rate-120 Amount- 240,000
- Thread (Under Raw Materials)
Quantity-4,000 Qty Rate-2 Amount- 8,000
- Buttons (Under Raw Materials)
Quantity-10,000 Qty Rate-5 Amount- 50,000
Now create shirt under stock material,
- Shirt (Under Stock)
Press F12 —–> Allow component list details (Bill of Materials) —–> Yes
Set Components (BoM)—>Yes
Component Of: Shirt
Unit of measurement: – 1
Item | Godown | Quantity |
Cloth | Main location | 2 Mtrs |
Thread | Main location | 4 Qty |
Button | Main location | 10 Qty |
Gateways of Tally—–> Vouchers —–> Alt+F7—–> Manufacturing Journal
Name of Product: – Shirt
Qunatity:100 Qty
Cost of Components: –
298.00/Qty
29,800.00
Type of Additional Cost: –
Labor Charges (Under direct expense) – 5000
Freight Charges (Under direct expense) – 500
Total Cost is – 5500
Effective Cost – 35,300
Effective Rate – 353.00/ Qty
For Example: –
Sales Voucher (F8): –
Party’s A/c Name: – ABC & Co
Sales Ledger: – Sales A/c
Name of Item | Quantity | Rate | Amount |
Shirt | 50 | 500 | 25000 |
Receipt Voucher (F6): –
Account: SBI Bank
Particulars: ABC & Co
Amount: 25000 (Against Ref)
To view the profit, go to
Gate way of tally—–> Stock Summary—–> Stock—–> Shirt—–> Press Enter —–> Press F7