Inventory Voucher in TallyPrime: Inventory Vouchers are used to record the receipt and issue of Items/Stock/Goods, transfer of stock between godowns, physical stock adjustment. These vouchers do not affect the books of accounts.
List of Inventory Voucher in Tally Prime:
- Receipt Note Voucher (F9: Recpt Note)
- Delivery Note Voucher (F8: Dely Note)
- Rejections In Voucher (F6: Rej. In)
- Rejections Out Voucher (F5: Rej.Out)
- Physical Stock Voucher (F10: Phys Stk)
- Stock Journal Voucher (F7: Stk Jrnl)
Receipt Note Voucher (F9: Recpt Note)
Receipt Note voucher is used for recording goods receive from the supplier. Sometimes in the business, goods are received but bill is not received along with the goods. So instead of passing a purchase voucher you can pass a receipt note so that only the stock is updated without affecting the financial accounts.
Delivery Note Voucher (F8: Dely Note)
Delivery Note Voucher is used to record how much goods are delivered to customer. Goods may be sold to customers with a Delivery Note and Invoice can be raised later against this Delivery Note. It is adjusted with Sales Voucher/Invoice.
Rejections In Voucher (F6: Rej. In)
Rejections in Vouchers is used to keep a record of the good returned by a customer before billing. You can pass Rejections In Voucher in case the customers do not immediately send back the rejected goods. By passing this Voucher, the goods rejected by the customer will be included in your existing stock. It is adjusted With Credit Note Voucher.
Rejections Out Voucher (F5: Rej.Out)
Rejections Out Voucher is used to record how much goods are rejected by the company to supplier. A Rejection Out Voucher may be passed in cases where Debit Note is not sent immediately.
Physical Stock Voucher (F10: Phys Stk)
Physical Stock Voucher records the Physical Stock (actual stock which may be verified accounted) as the new Stock balance and this is called as the Stock-in-hand. It could happen that the Book Stocks and the Physical Stock do not match. When we count the stock, it may be less than the stock showing in Book Stocks. To record the actual stock available, we have to make the entry of existing stock using Physical stock voucher.
Stock Journal Voucher (F7: Stk Jrnl)
Stock Journal is used to keep track of all your stock adjustments in Tally Prime. When you have to transfer stock from one location to another, keep track of additional cost or expenses incurred due to transfer of goods, keep track of wastage of goods or need to update the right quantity of goods, you can do all of these using a Stock Journal voucher. It records the transfer of Stock from one location to another without affecting the books of Accounts. It is different from other journals because it permits different Debit and Credit amounts.
Conclusion
In this blog, we highlight the various types of inventory vouchers in Tally Prime, and how to use each voucher according to your need. We always highlight right information in my blog. If you want to get more such information, then please visit our blog.
