Manufacturing Entry

It is posssible to maintain Manufacturing inventory in Tally. In other words, an organisation engaged in manufacturing activities can use Tally to record all processes involved in manufacturing. To do so you have to follow some specific steps.

First create a new voucher named Manufacturing Entry under Stock Journal.

Inorder to create the voucher go to Accounts Info from Gateway of tally -> Voucher Type -> Create. There select type of voucher as Stock Journal and set 'Use as a Manufacturing Journal?' as 'yes'.

Then create godown and stocks.

Press F12 and select "Accts /inventory info" and press enter. There set 'Allow component list details(Bills of Materials/BOM)' as 'yes'.

While stock creation incase of stock items which are raw material i.e. it is used for production of the finished good, in this case the BOM option will remain no. But in case of finished goods the BOM option should be set as yes.

Incase the BOM is no.

Incase BOM is yes i.e. the item you are creating is a finished product. So you have to enter the raw materials used for the product and the quantities needed for producing 1 unit of the finished product.

Finally to record manufacturing transaction using the manufacturing journal entry, from the gateway of tally, go to inventory voucher, press ALT + F7 and select "manufacturing entry" and press enter.

Select the name of the finished good from the pop-up list, then select the godown from the list where the finished goods will be stored. Give the number of units of finished goods you want to manufacture . Press enter to save all the materials.

There can be expenses for manufacturing a product, you can show that on the right hand side in terms of percentage or by typing the amount, you have to create a ledger under expenses(direct/indirect).

Transfer Stock

You can transfer stock from one godown to another through Stock Journal. Go to Accounting Vouchers from Gateway of tally and press ALT + F7, stock journal will open.

On the left hand side select the name of the commodity you want to transfer and the name of the godown from where you want the commodity to be send and on the right hand side write the destination place of the commodities. The stocks will be transferred.

Point of Sale

In an organization the parties/debtors may not pay the full amount in cash or cheque. In this case we have to create a new voucher named "Point of Sale" under sales. It will help in keeping records of how much the payment is made on credit card or through voucher or through cheque or cash.

First you have to create a voucher by going to Accounts Info -> Voucher Types -> Create -> Give the name as 'Point of Sale' -> Then type of voucher as 'Sales' -> Set POS invoicing as yes -> In place of print message 1 you can give an ending message you want to convey to your customers -> Give name of class as 'POS'.

Then select the name of the company whose vouchers are used and the banks where the amount for credit cards and cheques will be deposited and then give the percentage to be allocated.

(If you see that you have not created a required ledger then press ALT + C. You can create a new ledger. Same method is applicable in case of stock items and other fields)


To bring the mode Point of sale got to Accounting vouchers and then press F8 and from there chosse Point of sale and select POS invoicing. Then pass the voucher. If the modes of payment are not given then press Ctrl + P.

Linking Price List at Customer ledger account

At the party/debtors ledger or alteration screen the appropriate price list at the 'Price Level Applicable?' field, which will be applicable for the selected party.

Price List and Price Level

Some organizations may use different prices for different customers. In Tally, you may create different price lists and enter the price and discount rates of each item for the related period. During invoice entry, select the appropriate price list to carry the rate in the sales invoice. You don't have to give the rates of discount, they will take it automatically as you select the price list.

In order to enter the rates first press F11 and then F2. Set 'Separate Discount Column' and 'Multiple Price Level' as 'yes', there you have to enter the names of different price levels. For example whole-sellers, retailers, of season etc. Then press enter if you have written all the names.

Then go to Inventory Info from Gateway of Tally and select price list there and press enter. Enter the following information there and save it.

Then apply it in vouchers entries.