How To Use Inventory Voucher Entry In Tally

Inventory Voucher Entry in Tally

The main function of Tally is to find out the profit and loss of business and business by recording the transaction, for which we have Accounting Voucher and Inventory Voucher available in Tally, just as Accounting Voucher is used to record financial transactions. Inventory vouchers are used in business to receive stock, issue goods, transfer goods from one godown to another, as well as to manage physical loss of any kind of goods. Is.So today we will get information about Inventory Voucher in Tally : Inventory Vouchers Entry in Tally.

Inventory Voucher in Tally

What is Voucher

What is Voucher – Voucher is a type of written statement, which contains details of all financial or non-financial transactions. Voucher is an important part of business, it is used in all types of business. In Tally, according to this, Voucher Entry is done.

• Types of Voucher –
• Accounting Voucher
• Inventory Voucher

What is Inventory Voucher in Tally

What is Inventory Voucher – The way Accounting Voucher works in Accounting System. In the same way Inventory is in Voucher, it keeps record of goods/stocks received or shipped.

To see this, go to Gateway of Tally > Inventory Vouchers.

Activating Inventory Voucher in Tally

To work on Inventory Vouchers we have to follow the below given instructions –

• Go to Gateway Tally.
• Press the F11 Feature button.
• Press the F2 button or select inverntory features.
• Click Yes to Integrate Accounts and Inventory.
• Enable Purchase Order Processing – Yes.
• Enable Sales Order Processing – Yes.
• Use Rejection inward and outward notes – Yes.
• Use Material in and out Vouchers – Yes.

In this way, after doing all the settings, save it by pressing ctrl + A button. After saving your inverntory voucher will be activated.

Types of Inventory Vouchers in Tally (ERP 9)

Various inventory vouchers are available in tally through which we can do stock managment or inverntory managment.

• Receipt Note (Alt + F9)
• Delivery Note (Alt+F8)
• Rejection Out (Alt+F6)
• Rejection In (ctrl+F6)
• Stock Journal (Alt+F7)
• Physical Stock (Alt + F10)
• Sales Order (Alt+F5)
• Purchase Order (Alt+F4)

Receipt Note Inventory Voucher in Tally

What is Receipt Note Voucher – It is an inventory voucher, through which a receipt note entry is made on receipt of the goods/goods ordered for purchase. On entering the receipt note, our stock starts showing. The shortcut key for Receipt Note Voucher is Alt + F9.

Delivery Note Voucher

What is Delivery Note Voucher – This is an inventory voucher, through which entry is made in Delivery Note Voucher after sending the goods / Goods on receipt of the order for sales. Our stock gets reduced as soon as we enter Delivery Note Voucher. The shortcut key for Delivery Note Voucher is Alt + F8.

Rejection Out Voucher

What is Rejection Out Voucher – This is an inventory voucher, through which we receive the goods/goods ordered for purchase, on receipt of some item damage or for any other reason when the item is returned. Then entry is done in the Rejection Out Voucher. As soon as we enter the Rejection Out Voucher, the item starts decreasing from our stock. The shortcut key for Rejection Out Voucher is Alt + F6.

Rejection In Inventory Voucher in Tally

What is Rejection In Voucher – It is an Inventory Voucher, through which we have received the order for sales, when the item is returned due to some item damage or any other reason on the delivery of the goods / Goods. Then entry is done in Rejection In Voucher. As soon as we enter the Rejection in Voucher, the item from our stock starts showing up. The shortcut key for Rejection in Voucher is Alt + F7.

Stock Journal Voucher

What is Stock Journal Voucher – It is an inventory voucher, through which we transfer stock from one godown to another godown.

Like – we have godown first home godown and second office godown in which we keep stock.

Stock Journal Voucher is also used for the manufacturing process, in which raw material is transferred to the finished goods. For this we use BoM (Bills of Material) option.

Physical Stock Inventory Voucher in Tally

Physical Stock Voucher is used to record the actual stock, which can be verified or counted. When the stock written in our books and the physical stock does not match, then we do the difference stock entry in the Physical Stock Voucher.

Sales Order Inventory Voucher in Tally

What is Sales Order Voucher – This is an inverntory voucher, through which we receive orders for goods / goods for sales, which we are entered in the Sales Order Voucher. There is no difference in the stock by entering the Sales Order Voucher. Stock is reduced only after the entry of Sales Order in Delivery Note Voucher. The shortcut key for Sales Order Voucher is Alt + F5.

Purchase Order Voucher

What is Purchase Order Voucher – This is an inverntory voucher, through which we place orders for goods / goods for purchase, which we are entered in Purchase Order Voucher. By entering the Purchase Order Voucher, it is not visible in the stock. The stock is added only after entering the Receipt Note Voucher of Purchase Order. The shortcut key for Purchase Order Voucher is Alt + F4.

Friends, how did you like this information, you must tell us by commenting below and you can subscribe to our website by going to the home page and pressing the red bell or bell and you can also join our Telegram channel so that you get the latest notification. At the same time, you can share it in WhatsApp, Facebook social media platform.

• How To Do Purchase Entry In Tally

• How To Learn Free Tally Course

• How To Use Transfer Journal | Tally Notes

• How To Check Printing In Tally

• What is Ledger Groups In Tally ERP 9 Notes

• How To Create Price List In Tally

• How To Enter Receipt In Tally

• How To Do Sales Entry In Tally With GST

• How To Create Unit Of Measure In Tally

• What Is Stock Item | How To Create In Tally