A Bill of Materials is a list of constituent items along with quantity details that can be allotted towards manufacturing 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.
Enabling Bill of Materials
This is useful for manufacturing organisations and can be set up through F12: Configure. The Bill of Materials option now appears in the Stock Item Creation screen only after entering a unit of measure in the Units field.
| 1. | Go to Gateway of Tally > F12: Configure |
| 2. | Select Accts/Inv Info from the Configuration Menu |
| 3. | Set Allow Component List Details (Bill of Materials) to Yes |
A Bill of Material should be available while manufacturing an item. This is done through a stock journal. It is advisable to create a new voucher type, say, Mfg Journal which is based on Stock Journal.
More:
Stock Journal as Manufacturing Journal
Creating a new Manufacturing Journal