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https://help.tallysolutions.com/docs/te9rel49/Job_Work/Stock_Item_Scrap_By_products_Co_products.htm

Stock Item - Scrap/By-Products/Co-Products

 

To create the stock item

Go to Gateway of Tally > Inventory Info. > Stock Items > Create

  • In Name field enter the stock item Name. E.g. Aluminium Scrap

  • Group the Stock item Under the Stock Group Scrap (if Stock group is not created use Alt + C from Under field to create the stock group)

  • In Units field select the applicable unit of measurement. E.g. Gm

  • Press Enter to save

Scrap - if Excise Applicable

Go to Gateway of Tally > Inventory Info. > Stock Items > Create

  • Enter the Stock Item Name, Group, Unit, Tariff Classification and enable Set/Alter Excise Details to Yes

  • In Excise Details screen select Reporting UOM, enable Set/Alter Duty Details to select the duties applicable for the stock item and select the Stock Item Type - others.

  • Press Enter to save