Recording Dealer Excise Opening Stock 

To record Dealer Excise opening Stock

1.     Go to Gateway of Tally > Inventory Info. > Dealer Excise Opening Stock

2.     In the Dealer Excise Opening Stock Creation screen

●      Enter the Purchase Invoice Number

●      Select the Party Ledger. In Suppliers Details sub form party's excise information will be displayed if all the details are provided in the ledger master, otherwise update the information in the supplier details.

Note: While recording purchases from First /Second Stage Dealer, select the Manufacturer/ Importer in the Manufacturer/Importer section to capture Excise related information in the invoice.

●      Select the Purchase ledger

●      Select the Stock Item, enter the Quantity and Rate of purchase

Press Enter to view the Excise Details screen. In the Excise Details screen enter the details as shown

Press Enter to accept the excise opening stock entry.

Note:

§     The opening stock accounted through Opening Stock Voucher Will update the Excise Stock Register only. To affect the books of accounts Opening stock quantities and Rate needs to be updated in the Stock Item Master separately .

§     To edit the Excise Opening Stock Details which was recorded from Gateway of Tally - Inventory Info. - Dealer Excise Opening Stock- Go to Gateway of Tally > Display > Day Book  OR  Go to Gateway of Tally > Display > Exception Reports > Optional Vouchers.