Bill of Material

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Bill of Material

Tally provides basic facilities for production & Inventory management for manufacturing. Third Party jobbers & Contractors to specify Bill of Materials, which helps you make a cost estimate for you products. It is list of Component to Manufacture/assemble another product.

Activation of Bill of Material

·         Gateway of Tally>F12: Configuration>Accounts/Inventory info>Set Following Options to ‘Yes’

Enable Component list details (Bill of Materials)

Press Enter & accept the screen & Press Esc & return to Gateway of Tally

Create a New Voucher Type

Create a New Voucher Type called Manufacturing Voucher Under Stock Journal.

Gateway of Tally>Accts Info.>Voucher Type>Create.

1.       Name- Manufacturing Journal

2.       Select Type of Voucher-Stock Journal

3.       Abbreviation – Press Enter

4.       Method of Voucher Numbering-Automatic

5.       Use Advanced Configuration- No

6.       Use effective dates for vouchers – No

7.       Make This voucher type as ‘Optional’ by default – No

8.       Allow Narration in voucher – Yes

9.       Use as Manufacturing Journal – Yes

Press Enter & Accept the Screen & Return to Gateway of Tally

·         Following is the list of New Item required for Manufacturing Computers

Note: Create new stock Group- Parts of Computer and Stock Category – Not Applicable Create a New Ledger – IBM Pvt. Ltd.

·         Purchase Parts of Computer from IBM Pvt. Ltd. Dated: 01/02/2018+GST@12% of Rs. 2,98,648/-

Name of Item

Inward Qty

Rate

Godown

Total

Value

Cabinet – IBM

20

1850

Ware House

20

37000

DVD Writer – IBM

25

1150

Ware House

25

28750

CPU Fan – IBM

15

450

Ware House

15

6750

Hard Disk – IBM

18

2100

Ware House

18

37800

Internal Modem – IBM

05

450

Ware House

05

2250

Mother Board – IBM

20

3000

Ware House

20

60000

RAM – IBM

15

1150

Ware House

15

17250

SMPS – IBM

16

1350

Ware House

16

21600

Speakers – IBM

05

1800

Ware House

05

9000

Processor P4 – IBM

02

3000

Ware House

02

6000

Key Board – IBM

25

250

Ware House

25

6250

Mouse – IBM

30

150

Ware House

30

4500

LCD Monitor

05

5900

Ware House

05

29500

·         Gateway of Tally>Accounting Voucher> F9: Purchase

Press Enter & Accept the Screen & Return to Gateway of Tally

Steps for Creating Bill of Material

You can create a Bill of Material (BOM) for any stock item.

Typically, you would like to create a BOM only for those items that are being manufactured.

·         Gateway of Tally > Inventory Info. > Stock Item > Create (single)

Name

IBM – Computer

Under

Mfg. Item (Create the group if it does not exist.)

Category

Not Applicable

Units

Nos.

Maintain in Batch?

No

Set Components (BOM)?

Yes

Name of BOM

Type Default & Press Enter

Once this is made to yes it takes you to a screen where you can enter 1 each for unit of manufacture and items Hard Disk, Floppy Disk, RAM, Mother Board, SMPS, Fan, LAN Card etc. Which are required for the assembly of one Computer & Save the Stock Item.

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