Stock journal voucher is used in accounting to record transactions related to the consumption of items within a company and the transfer of items between different locations or branches.
1. Consumption:
- Purpose: The consumption aspect of this voucher class is used to record the usage or consumption of inventory items within the company for various purposes, such as production, manufacturing, or general usage.
- Scenario: For example, if a manufacturing company uses raw materials to produce finished goods, they would record the consumption of those raw materials using this voucher class.
2. Stock Transfer:
- Purpose: The stock transfer aspect is used to record the movement of inventory items from one location or branch of the company to another. This can be within the same company or between different entities within a corporate group.
- Scenario: For instance, if a retail company has multiple stores and needs to transfer stock from one store to another to meet demand or balance inventory levels, they would use this voucher class to document the transfer.
A stock report in TallyPrime provides details of available inventory, helping businesses manage stock efficiently. When dealing with multiple locations, viewing stock reports godown-wise helps in better decision-making.
Click on Display More Reports
Click on Inventory Books
Click on Godowns / Locations
Select you godown / location
Report – Main Location
Report – Borivali Location
Before Transfer here zero stock item are..
Now go to vouchers
Select details from item, rate, location etc.
Select details where item, rate, location etc.
After transfer stocks see reports – click on display more reports
Click on inventory books
Click on Godowns
Select Location where items transferred – borivali
Report
See Report another location from where items transferred – main location
Report
