A Bill of Materials is a list of constituent items along with quantity details that can be allotted for the manufacture of a certain product, by-product or likewise. This facilitates immediate reduction in stock of the item automatically. This process of listing the items that make up another item is made possible in Tally by enabling the Bill of Materials Facility.
Bill of Material (BoM) is created only for those items that are being assembled in-house. Therefore, you need to specify a BoM at the time of creating a Stock Item or while altering the stock item. For trading items, you do not need a BoM.
Bill of Material feature is useful for manufacturing organisations and can be set up through F12: Configure
Go to Gateway of Tally > F12: Configure > select Accts/Inventory Info.
Set Enable component list details (Bill of Materials)? to Yes .
Swayam Sales decides to Assembles a Computer of his own Brand i.e. Computer – SS01 ( GST-18%) to be Sold in the market with the following components..
Mouse – Logitech
Processor – Intel
RAM 8 GB
HDD Seagate 2 TB External
Monitor SONY 20”
Total Component Costing
Add : Installation Charges
Create the item ‘Computer-SS01’ with Units – Nos. and Set Components (BOM) – Yes with above components as screen shown :
1. Go to Gateway of Tally > Inventory Info. > Stock Items > Create
2. In Stock Item Creation screen
3. Press Enter to view Stock Item Multi Components (M BOM) screen
4. In Stock Item Multi Components (M BOM) screen
5. In Stock Item Components (BOM) screen:
Note: The godown option will be displayed only when Maintain multiple Godown feature is enabled in F11: Features (Inventory Features)
Observe to create the product Computer-SS01 we require 11 different products . The Quantity of Products required to assembled Computer-SS01 is 1 each of 11 different products.
Creating Manufacturing Journal for a Stock Item with Single Bill of Materials . All the manufacturing transactions can be accounted through a Stock Journal (F7: Stk. Jrnl).
To record manufacture of finished goods in Stock Journal - Alter the Voucher Type by setting the option Use as a Manufacturing Journal to Yes . Or
Create a Manufacturing Journal under Stock Journal by setting the option Use as a Manufacturing Journal to Yes.
Note: Bill of Material should be created before accounting the manufacture of an item.
1. Go to Gateway of Tally > Inventory Vouchers
2. Select the button F7: Stk. Jrnl or press Alt + F7.
If you have created a new voucher type Manufacturing Journal , a pop-up menu will be displayed with the options default Stock Journal and Manufacturing Journal.
Select Manufacturing Journal to view the Manufacturing Journal voucher creation screen
Name of Product : Select the product which needs to be manufactured from the List of Items.
BoM Name : In this field the BoM created for the stock item will be displayed automatically with one more option Not Applicable .
Note: The list of Raw materials required for the manufacture of finished goods will be displayed in Components (Consumption) side based on the BOM defaulted.
Quantity : In this field specify the quantity of finished goods manufactured.
Components (Consumption) : In this section the components required to manufacture the finished goods will be displayed automatically based on the components defined in the BoM.
Quantity of Raw material will be defaulted based on the quantity requirement defined in the BOM multiplied by the Quantity of finished goods manufactured.
The completed Manufacturing Journal is displayed as shown
Bill of Materials (BoM) in TallyERP9
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