TRACK ADDITIONAL OF PURCHASE

TRACK ADDITIONAL OF PURCHASE

This option is used to know the actual cost of any stock item.

Actual cost means value of goods + (plus) all those expenses which increases at the time of purchase.

Example:-

ABC Company purchased 1 piece of HCL computer for Rs. 25,000. Some additional expenses were made as follow:

Wages Rs. 1,000, Octroi Rs. 2,000 and Transportation Rs. 2,000.

Record the above transactions.

To Maintain:-

First of all create a company and then activate “track additional costs of purchase” as follow:-

To Activate Track Additional Costs of Purchase: - G.O.T. (Gateway of Tally)--> Press F11 (Company Features)--> Press F2 (Inventory Features).

After that create multiple ledgers as follow:-

Path for ledger creation: - G.O.T. (Gateway of Tally)--> Accounts Info--> Ledger--> Create (Multiple).

Now create stock master:-

To Create Stock Group: - G.O.T. (Gateway of Tally)--> Inventory Info--> Stock Group--> Create.

To Create Stock Item: - G.O.T. (Gateway of Tally)--> Inventory Info--> Stock Item --> Create.

Now do voucher entry as follow:-

Path for voucher creation: - G.O.T. (Gateway of Tally)--> Inventory Voucher--> Press F9 (Purchase Voucher).

Press “Ctrl + V” to change the mode from item to Dr/Cr mode.

Press on purchase and a form will be open, fill it as follow:-

Press enter and additional expenses box will be open, fill it as follow:-

And then again press enter and accept the voucher:-

Now you can see the stock summary:-

Path for view stock summary: - G.O.T. (Gateway of Tally)--> Stock Summary.

Path for view Stock Item Analysis: - G.O.T. (Gateway of Tally)--> Display--> Inventory Book--> Movement Analysis--> Stock Item Analysis--> HCL.

Press “Alt + F1” for more details.