Write a short notes.
1) Pure Inventory Vouchers:
Through these vouchers stock movements are recorded. Consequently, stock is (and the respective account) affected by these transactions. Normally these comprise the following activities.
Sale and Purchase-
a) Receipt of Material and preparation of Receipt Note b) Entry of Purchase Invoice
c) Linking of Purchase Invoice and Receipt Notes
d) Issue of Materials and Preparation of Delivery Notes
e) Preparation of Sales Invoice
f) Linking of Sales Invoice and Delivery Note.
Return and Rejections
a) Return of Rejected Goods, Preparation of Rejection Out Voucher
b) Entry of Debit Note
c) Linking of Debit Note and Rejection Out Voucher
d) Receipt Rejected Materials and Preparation of Rejection In Voucher
e) Entry of Credit Note
f) Linking of Credit Note and Rejection In Voucher
Stock Adjustments-
a) Adjustment for Stock Gain or Loss i.e. Shortage or Surplus of Stock
b) Inter Godown Transfer
With, Inventory vouchers, both Stock and Accounts get affected. for Example When an item is sold, Stock gets reduced and various Ledger Accounts like Customer, Sales, Sales Tax, etc also get affected.
In short, Pure Inventory vouchers perform the same function in the inventory system as accounting vouchers in the accounting system, i.e. they too, are means of entering transactions. In this case, the vouchers record the receipt and issue of goods/ stock, the transfer of stock between locations, and physical stock adjustments
It you have chosen not to integrate accounts with inventory, inventory vouchers will not have any impact on the Balance Sheet stock figures. They will separately maintain the stock balances. However, you can configure Tally so that the inventory entries would automatically update the Balance Sheet stock figures. (By choosing to integrate Accounts and Inventory in (F11: Company Features). Remember, you can trace an entire transaction right from the goods transfer stage to the financial accounting of it, irrespective of integration status. For example, the purchase of stock can be tracked from the purchase voucher through to the receipt note through to the invoice from the supplier, and on through to the eventual payment.
1) Pure Inventory Vouchers:
Through these vouchers stock movements are recorded. Consequently, stock is (and the respective account) affected by these transactions. Normally these comprise the following activities.
Sale and Purchase-
a) Receipt of Material and preparation of Receipt Note b) Entry of Purchase Invoice
c) Linking of Purchase Invoice and Receipt Notes
d) Issue of Materials and Preparation of Delivery Notes
e) Preparation of Sales Invoice
f) Linking of Sales Invoice and Delivery Note.
Return and Rejections
a) Return of Rejected Goods, Preparation of Rejection Out Voucher
b) Entry of Debit Note
c) Linking of Debit Note and Rejection Out Voucher
d) Receipt Rejected Materials and Preparation of Rejection In Voucher
e) Entry of Credit Note
f) Linking of Credit Note and Rejection In Voucher
Stock Adjustments-
a) Adjustment for Stock Gain or Loss i.e. Shortage or Surplus of Stock
b) Inter Godown Transfer
With, Inventory vouchers, both Stock and Accounts get affected. for Example When an item is sold, Stock gets reduced and various Ledger Accounts like Customer, Sales, Sales Tax, etc also get affected.
In short, Pure Inventory vouchers perform the same function in the inventory system as accounting vouchers in the accounting system, i.e. they too, are means of entering transactions. In this case, the vouchers record the receipt and issue of goods/ stock, the transfer of stock between locations, and physical stock adjustments
It you have chosen not to integrate accounts with inventory, inventory vouchers will not have any impact on the Balance Sheet stock figures. They will separately maintain the stock balances. However, you can configure Tally so that the inventory entries would automatically update the Balance Sheet stock figures. (By choosing to integrate Accounts and Inventory in (F11: Company Features). Remember, you can trace an entire transaction right from the goods transfer stage to the financial accounting of it, irrespective of integration status. For example, the purchase of stock can be tracked from the purchase voucher through to the receipt note through to the invoice from the supplier, and on through to the eventual payment.
2) inventory entry in voucher mode and invoice mode
Inventory Entry in Voucher Mode:
Inventory transactions can be entered through Voucher mode and Invoice mode. If the voucher mode is used the Ledger amount should be entered / first and then the corresponding item wise details should be entered. So, in voucher mode you enter the net amount of bill first at party account and then amount of each ledger account. In voucher mode you will not get readymade figure (Computed) of bill and Taxes etc.
Inventory Entry in invoice mode:
In invoice mode, first inventory details are entered. If you want to enter the transactions through invoice mode, first click on As Invoice button in button panel. You will get readymade figure (Computed) of tax and other charges and amount of bill. Normally sales transactions are always entered through invoice mode. When you see As voucher in button panel, it means that invoice mode is on. It is a toggle button. To give the effect of purchase and sales on inventory, set Yes at
Inventoty Values are affected at the time of creating the accounts relating to inventory i.e. Purchase, Sales, Purchase return, Sales return, etc.
कोणत्याही टिप्पण्या नाहीत:
टिप्पणी पोस्ट करा