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Stock Item - Scrap/By-Products/Co-Products -JOB Work in Tally.ERP 9

To create the stock item

Go to Gateway of Tally > Inventory Info. > Stock Items > Create

  • In Name field enter the stock item Name. E.g. Aluminium Scrap

  • Group the Stock item Under the Stock Group Scrap (if Stock group is not created use Alt + C from Under field to create the stock group)

  • In Units field select the applicable unit of measurement. E.g. Gm


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  • Press Enter to save

Scrap - if Excise Applicable

Go to Gateway of Tally > Inventory Info. > Stock Items > Create

  • Enter the Stock Item Name, Group, Unit, Tariff Classification and enable Set/Alter Excise Details to Yes

  • In Excise Details screen select Reporting UOM, enable Set/Alter Duty Details to select the duties applicable for the stock item and select the Stock Item Type - others.


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  • Press Enter to save

 
 
 
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