To record the material transfer transaction in Tally.
ERP 9 Two new Inventory Voucher Types have
been provided.
Material Out/In vouchers will be available under Inventory Vouchers only when the option Use
Material In/Out is set to Yes. Use Material In/Out option is associated with Job order
Processing.
Even though the option Use Material In/Out is associated with Job order Processing Tally.ERP 9
gives the flexibility to enable only Material Transfer In/Out feature without enabling Allow Job Order
Processing to use the Material Transfer vouchers for any other purpose than Job Work
Example: Material Transfer vouchers used to transfer stock to Consignment Agent, Branch,
Inter-godown transfersetc.
Material Out: This voucher type can be used to record the material transfer out (of
Raw materials or Finished Goods) transactions.
In case of Job Work - Material Out voucher can be used by the Job Worker as well as
Manufacturer
Principal Manufacturer: Can use this Voucher to transfer the Raw Materials to the Job
Worker
Job Worker: Can use this voucher to transfer the Finished goods to the principal
Manufacturer
Material In: This voucher type can be used to record the material transfer In (of Raw
materials or Finished Goods) transactions.
In case of Job Work - Material In voucher can be used by the Job Worker as well as
Manufacturer
Principal Manufacturer: Can use this Voucher to record the receipt of Finished goods/
Scrap/By-Product/Co-Product from he Job Worker. In this voucher Principal Manufacturer
can also track the components used (own consumption like- wax, screw etc.) by the Job
Worker
Job Worker: Can use this voucher to account the receipt of Raw material from the
Principal Manufacturer.
In real Business scenario a party may be acting as Principal Manufacturer as well as Job
Worker. In that case he may require
Material Out vouchers to account transfer - Raw materials and Finished Goods
Material In voucher to account the receipt - Finished Goods and Raw materials.
Here, ABC
Company is delegating
Job to
a Job
Worker and
also Receives Job from
other Principal Manufacturers. Hence to account all the material transfer (In & Out) related
transactions Four new voucher types are created.
N ot e: If a pa rty is a cting a s P ri nc ipal M anuf ac tur er a s w ell a s J ob W or ke r , then
it is m us t to m aintai n sep arat e set of Ma te ri al In/O ut vouc her s f or Job W or k
O ut a nd J ob Work I n Pr oce ss es .
1. Voucher Type - Material Out (RM)
This voucher Type will be used by the Principal Manufacturer in Job Work Out process for
recording the Transfer of Raw Materials to the Job Worker.
To create the voucher type
Go to Gateway of Tally > Accounts Info. > Voucher Types > Create
In Name field enter the name of the Voucher Type. E.g. Material Out (RM)
In Type of Voucher field select Material Out from the List of Voucher Types
Select Automatic in Method of Voucher Numbering field
Retain the default setting for other options
Set the option Use for Job Work to Yes
N ot e:
1 . Us e f or J ob Work optio n w ill be dis played i n M ate rial Out vouc he r ty pe w he n t he
optio n All ow J ob O rder P roce ssi ng is set to Yes in F1 1: Fea ture s (Inve nt or y
Fe at ur es ) .
2 . Se t the option Us e f or J ob Work to Y es i f you want to use t he vouc he r t ype to
re co rd Job wo rk transa ct io ns .
Retain No for the option Use for Job Work In
Set Print after saving Voucher to No
Enter Default Jurisdiction as Bangalore
N ot e: Set the option Use for Job W or k In to Y es i f the Job Worker wants to us e
t he Ma te ri al Out vouc he r ty pe to re cord the transf er (out) of Finished goods/
sc ra p/ Co- pr oduc t/ By - P roduc ts .
The completed Voucher Type Creation screen is displayed as shown:
Press Enter to save
2. Voucher Type - Material Out (Transfer/FG)
This voucher Type will be used by the Job Worker in Job Work In process for recording
the Transfer of Finished
Goods,
Scrap,
By-Products,
Co-Products to
the Principal Manufacturer.
To create the voucher type,
Go to Gateway of Tally > Accounts Info. > Voucher Types > Create
In Name field enter the name of the Voucher Type. E.g. Material Out (Transfer/FG)
In Type of Voucher field select Material Out from the List of Voucher Types
Select Automatic in Method of Voucher Numbering field
Retain the default setting for other options
Set the option Use for Job Work to Yes
Set the option Use for Job Work In to Yes
Set Print after saving Voucher to No
Enter Default Jurisdiction as Bangalore
N ot e: Set the option Use for Job W or k In to Y es i f the J ob Work er want s to use
t he Ma te ri al Out vouc he r ty pe to re cord the transf er (out) of Fi ni shed goods / s crap /
C o- prod uc t/ By- Pr oduct s.
The completed Voucher Type Creation screen is displayed as shown:
Press Enter to save
3. Voucher Type - Material In (RM)
This voucher Type will be used by the Job Worker in Job Work In process for recording
the Receipt of Raw Materialsfrom the Principal Manufacturer.
To create the voucher type
Go to Gateway of Tally > Accounts Info. > Voucher Types > Create
In Name field enter the name of the Voucher Type. E.g. Material In (RM)
In Type of Voucher field select Material In from the List of Voucher Types
Select Automatic in Method of Voucher Numbering field
Retain the default setting for other options
Set the option Use for Job Work to Yes
Set the option Use for Job Work In to Yes
The completed Voucher Type Creation is displayed as shown:
Press Enter to save
N ot e: While c rea ting J ob Work I n vouc he r ty pe to ac co unt the rec eipt o f Raw
M ate rial s b y t he Job wo rker, if t he option Use Job wor k In is set to Y es Tal ly.ER P 9
w ill sk ip A llow Cons um pti on field .
4. Voucher Type - Material In (FG)
This voucher Type will be used by the Principal Manufacturer in Job Work Out process for
recording the Receipt ofFinished Goods, Scrap, By-Products, Co-Products from the Job
Worker.
To create the voucher type
Go to Gateway of Tally > Accounts Info. > Voucher Types > Create
In Name field enter the name of the Voucher Type. E.g. Material In (FG)
In Type of Voucher field select Material In from the List of Voucher Types
Select Automatic in Method of Voucher Numbering field
Retain the default setting for other options
Set the option Use for Job Work to Yes
Set the option Use for Job Work In to No
Set the option Allow Consumption to Yes
N ot e:
1 . Ena ble the option A llow Cons um pti on in Ma te ri al In vouc her type s, when the
vouc her type is us ed by the Pr inci pa l Ma nufa ct ure r to ac count t he r ecei pt of
Fi ni shed Goods fr om t he Job Wor ker.
2 . W he n All ow C onsumpt ion is set to Y es , on reco rdi ng the Ma teri al In vouc he r
t he Raw Mat eri als use d i n t he m anuf ac ture of Fi ni shed goods will be co ns ide red as
C onsume d a nd to that exte nt the st oc k w ill be red uc ed fr om t he books of a cc ount s .
The completed Voucher Type Creation is displayed as shown:
Press Enter to save
Create Material In/out Voucher Types - if Excise Applicable
1. Voucher Type - Material Out (RM)
To create the voucher type
Go to Gateway of Tally > Accounts Info. > Voucher Types > Create
In Name field enter the name of the Voucher Type. E.g. Material Out (RM)
In Type of Voucher field select Material Out from the List of Voucher Types
Select Automatic in Method of Voucher Numbering field
Retain the default setting for other options
Set the option Use for Job Work to Yes
Retain No for the option Use for Job Work In
Set the option Use for Excise to Yes
In Default Excise Unit field select the Excise unit - ABC Company
N ot e: Set the option Use for Job W or k In to Y es i f the Job Worker wants to us e
t he Ma te ri al Out vouc he r ty pe to re cord the transf er (out) of Finished goods/
sc ra p/ Co- pr oduc t/ By - P roduc ts .
The completed Voucher Type Creation is displayed as shown:
Similarly, create all the Material Out/In voucher type if excise applicable.
Home > Tally.ERP 9 Series A Reference Manual > Reports
Display - Tally.ERP 9 Reports
Tally's Display of information is designed to allow a user get the maximum benefit of the data that is
entered. A user gets a holistic picture of the data and is also able to present information using different
options. The purpose of compiling data is to present it in comprehensible accounting reports. On entering
the vouchers, Tally.ERP 9 uses the same data and provides you with the management control reports in
addition to all books and statements.
The display screens of Tally.ERP 9 are dynamic and interactive. They are not spooled print files but are
specially designed for the screen. Whatever you see on the screen can be printed as well depending upon
your printers capabilities.
To view the Display Menu:
Go to Gateway of Tally > Display
The Display Menu screen is displayed as shown:
Gateway of Tally displays only the Balance Sheet and Profit & Loss Account directly as these statements
are considered the most important. All the other Tally.ERP 9 reports are classified into two broad
categories, namely. Accounting reports and Inventory reports conforming to the two major areas of
operations. Each area is further grouped into books and statements.
The Cash Flow and Funds Flow display too has not been grouped under Statements of Accounts.
Trial Balance provides you a report on the account balances sorted by groups, for all the accounts of the
selected company. In other words, the Trial balance displays a collection of main groups and their closing
balances.
The Stock Summary is a statement of stock-in-hand on a particular date and gets updated every
transaction so as to provide the current stock position.
The Ratio Analysis Statement is a single sheet report indicating the companys performance based on
values and key indicators, over a selected period. This report gives a manager an idea of the company's
financial condition and where it is going in the short-term.
The Day Book contains all vouchers for the day, including inventory vouchers. Its purpose is to show you a
day's transactions, though you can display a report for any period using Change period option.
The List of Accounts gives the tree structure of all your masters, namely, Groups, Ledgers, Stock items,
Cost Centers, Currencies, etc.
Exception Reports are those reports that track unusual transactions or balances.
More:
Basic features of displaying reports
Modifying reports
