In some cases, a Job Worker may be using his own goods to manufacture the goods ordered by the Principal Manufacturer which will be charged to the Principal.
For example, On 6-10-2010, ABC Company transferred the following items To produce 300 cookers, job worker is using screws and Wax which are Own Consumption. Following Own Consumption Items are also transferred to the Production Floor
|
Raw Materials |
Quantity |
|
Screw |
600 (Nos) |
|
Wax |
8 (Box) |
Set up :
In F11: Features (Inventory Features),
● Set the option Use tracking numbers (enables delivery and receipt notes) to Yes.
1. Go to Gateway of Tally > Inventory Vouchers > Ctrl + J: Material Out
2. In Change Voucher Type screen select Material Out (Transfer/FG) from the List of Types.
Note : Here, ABC Company is using Material Out voucher as they are recording internal material transfer transaction.
3. Enter the Date as 6-10-2010
4. Party A/C Name : In this field select the Principal Manufacturer ledger whose goods are transferred to production floor. For example, Bright Home Appliances.
5. In Party Details screen, in Order No(s) field select End of List .
Note : In Order No (s) field, End of List is selected, as the Job Worker is not transferring out the finished goods, he is only moving the stock from one godown to another godown with in the factory.
6. Destination Godown : In this field select the godown to where the raw materials are transferred. E.g. JobWork (In) Location .
7. In Name of Item field select the stocks which are own consumption of the Job Worker. Select Screw . Press Enter to view Stock Item Allocation screen.
8. In Stock Item Allocation screen,
● Retain No in Consider as Scrap.
● T racking Number : Job Worker is using his own stock to manufacture the goods. The goods consumed will be billed for the Principal Manufacturer. Hence to track the Raw Materials in sales invoice tracking Number has to specified. Select New Number & specify the tracking as - JobIn - 001 . indicating that these raw materials are consumed to manufacture goods of order JobIn - 001
● In Godown select the godown from where the stocks are transferred. Enter the Quantity & Rate of stock transferred.
Note :
♦ ABC Company stores all the components purchased in Raw Material Location . From Raw Material Location screws are issued to Job Work (In) Location
♦ The Tracking Number specified for the stock item‘s used as own consumption will used in Sales invoice to bill the Items.
9. In Name of Item field select the stocks which are own consumption of the Job Worker. Select Wax .
10. In Item Allocation screen, enter the Tracking Number (JobIn - 001), select the Godown (Raw Material Location)and enter the Quantity (8) & Rate (150)
The completed material out voucher is displayed as shown:
11. Press Enter to save.
1. Go to Gateway of Tally > Inventory Vouchers > Ctrl + J: Material Out
1. In Change Voucher Type screen select Material Out (Transfer/RM ) from the List of Types. Enter the Date.
2. Party A/C Name : In this field select the Principal Manufacturer ledger whose goods are transferred to production floor. For example, Bright Home Appliances.
3. In Party Details screen, in Order No(s) field select End of List as the voucher is used for moving the stock from one godown to another godown with in the factory.
4. Destination Godown : In this field select the godown to where the Raw Materials are transferred. For example, JobWork (In) Location.
5. In Name of Item field select the stocks which are own consumption of the Job Worker. Select Screw .
6. In Stock Item Allocation screen,
● Tracking Number : Job Worker is using his own stock to manufacture the goods. The goods consumed will be billed for the Principal Manufacturer. Hence to track the Raw Materials in sales invoice tracking Number has to specified. Select New Number & specify the tracking as - JobIn Ex - 001 . indicating that these raw materials are consumed to manufacture goods of order JobIn Ex- 001
● Select the godown , Specify the Quantity & Rate of Item transferred.
7. In Name of Item field select the stocks which are own consumption of the Job Worker. Select Wax . In Item Allocation screen, enter the tracking Number (JobIn Ex - 001), select the Godown (Raw Material Location)and enter the Quantity (8) & Rate (150).
The completed material transfer out voucher is displayed as shown:
8. Press Enter to save.
