Voucher Types - Material Out and In

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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 transfers etc.

In case of Job Work - Material Out voucher can be used by the Job Worker as well as Manufacturer

In case of Job Work - Material In voucher can be used by the Job Worker as well as Manufacturer

In real Business scenario a party may be acting as Principal Manufacturer as well as Job Worker. In that case he may require

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.

Note: If a party is acting as Principal Manufacturer as well as Job Worker, then it is must to maintain separate set of Material In/Out vouchers for Job Work Out and Job Work In Processes.

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

Note:

1. Use for Job Work option will be displayed in Material Out voucher type when the option Allow Job Order Processing is set to Yes in F11: Features (Inventory Features).

 

2. Set the option Use for Job Work to Yes if you want to use the voucher type to record Job work transactions.

Note: Set the option Use for Job Work In to Yes if the Job Worker wants to use the Material Out voucher type to record the transfer (out) of Finished goods/ scrap/ Co-product/By-Products.

The completed Material Out (RM) voucher type is displayed as shown

Voucher_Types_1.gif

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

Note: Set the option Use for Job Work In to Yes if the Job Worker wants to use the Material Out voucher type to record the transfer (out) of Finished goods/ scrap/ Co-product/By-Products.

The Completed Material Out (Transfer/FG) voucher type is displayed as shown

Voucher_Types_2.gif

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 Materials from the Principal Manufacturer.

To create the voucher type

Go to Gateway of Tally > Accounts Info. > Voucher Types > Create

The completed Material In (RM) voucher type is displayed as shown

Voucher_Types_3.gif

Note: While creating Job Work In voucher type to account the receipt of Raw Materials by the Job worker, if the option Use Job work In is set to Yes Tally.ERP 9 will skip Allow Consumption 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 of Finished 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

Note:

1. Enable the option Allow Consumption in Material In voucher types, when the voucher type is used by the Principal Manufacturer to account the receipt of Finished Goods from the Job Worker.

 

2. When Allow Consumption is set to Yes, on recording the Material In voucher the Raw Materials used in the manufacture of Finished goods will be considered as Consumed and to that extent the stock will be reduced from the books of accounts.

The completed Material In (FG) voucher type is displayed as shown

Voucher_Types_4.gif

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

Note: Set the option Use for Job Work In to Yes if the Job Worker wants to use the Material Out voucher type to record the transfer (out) of Finished goods/ scrap/ Co-product/By-Products.

The completed Material Out (RM) voucher type is displayed as shown

Voucher_Types_5.gif

Similarly, create all the Material Out/In voucher type if excise applicable.

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