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    Where BOM Is Used How To Activate Bill of Material?

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    2201 Anchal Singh
    The document discusses bills of materials (BOMs) which define the raw materials and components required to manufacture finished goods. It provides examples of creating BOMs for MP3 players, television flatirons, and computers. It also shows how to record the manufacturing process through a manufacturing voucher, including consuming raw materials, tracking overheads, and storing the finished goods. Exercises are included to demonstrate setting up BOMs and recording the manufacturing of different items.

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    Where BOM Is Used How To Activate Bill of Material?

    Uploaded by

    2201 Anchal Singh
    285 views5 pages
    The document discusses bills of materials (BOMs) which define the raw materials and components required to manufacture finished goods. It provides examples of creating BOMs for MP3 players, television flatirons, and computers. It also shows how to record the manufacturing process through a manufacturing voucher, including consuming raw materials, tracking overheads, and storing the finished goods. Exercises are included to demonstrate setting up BOMs and recording the manufacturing of different items.

    Original Title

    14 Bill of Materials

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    The document discusses bills of materials (BOMs) which define the raw materials and components required to manufacture finished goods. It provides examples of creating BOMs for MP3 players, television flatirons, and computers. It also shows how to record the manufacturing process through a manufacturing voucher, including consuming raw materials, tracking overheads, and storing the finished goods. Exercises are included to demonstrate setting up BOMs and recording the manufacturing of different items.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    285 views5 pages

    Where BOM Is Used How To Activate Bill of Material?

    Uploaded by

    2201 Anchal Singh
    The document discusses bills of materials (BOMs) which define the raw materials and components required to manufacture finished goods. It provides examples of creating BOMs for MP3 players, television flatirons, and computers. It also shows how to record the manufacturing process through a manufacturing voucher, including consuming raw materials, tracking overheads, and storing the finished goods. Exercises are included to demonstrate setting up BOMs and recording the manufacturing of different items.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 5

    14.

    BILL OF MATERIALS {BOM}

    Bill Of Materials or BOM is used in assembling or manufacturing. Raw


    materials are consumed, overheads & expenses are incurred and thereby
    finished goods are assembled or manufactured or produced.

    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.
    In simple a bill of material is the pre-defined list of raw material required for manufacturing finish goods

    ⮚ Where BOM is used


    BOM is used in manufacturing journal, to create finished goods.
    ⮚ How to activate Bill of Material?
    To activate bill of material, make Yes to the option “Allow component list details (Bill of
    materials) in stock item configuration screen. To access stock item configuration screen
    perform following sequence

    Press F12 Function Key, the current screen is stock item configuration
    window
    TALLY PRIME 1
    14. BILL OF MATERIALS {BOM}

    Exercise 1:

    Following Raw Material Are Required To Manufacturing ONE Pieces of MP3 Players.
    RAW MATERIALS ( COMPONENTS) STOCK GROUP UNITS

    Cabinet Hardware 1 pcs

    Speaker Hardware 2pcs

    Wire & cable Utility 2mtrs

    Other instruments Electrical 5 pcs

    RAW MATERIAL PURCHASE (MANUFACTURING ENTRY )

    Purchase the following item from JADHAV MUSIC HOUSE with GST 18% bill no 349 & stored at
    MANJALPUR Godown on 12TH FEB 2020
    RAW MATERIALS Quantity Rate p.u

    Cabinet 10 PCS 2100/-

    Speaker 20 PCS 450/-

    Wire & cable 20 PCS 550/-


    Other instruments 20 PCS 45/-

    CREATE MANUFACTURING VOUCHER

    Go to > INVENTORY INFO > VOUCHER TYPE > CREATE

    USE> STOCK JOURNAL > USE AS MANUFACTURING JOURNAL – YES

    PURCHASE (MANUFACTURE) 8 PIECES OF MP3 on next day & stored at new Godown PRATAPNAGAR.
    Production performance no.-PR-2/MP301/219
    Overheads Amounts

    Labor charges 100 per mp3

    Power consumption 1000

    Carriage 50 per mp3

    Packing charges 10 per mp3

    ------------------xxxxxxxxxxxxxxx--------------------------------------------------xxxxxxxxxxxxxxxxxxxxxxxxx--------------

    TALLY PRIME 2
    14. BILL OF MATERIALS {BOM}

    Exercise 2: creating Bills Of Material

    In the components of: purchase Television Flatiron, from TARA & COMPANY enter the unit of
    manufacture as 1 Pieces
    Name of item Under Category Units Maintain in Set
    batches components
    (bom)

    Television Home Not applicable Nos No Yes


    flatiron electronics

    In the item details section create these items without any opening balance. Select 1 unit of these items
    & store them in the ON-SITE Godown.
    NAME OF THE ITEM STOCK GROUP STANDARD COST UNITS OF MEASURE

    VDU Television flatiron 2000 1 Nos

    PICTURE TUBE Television flatiron 3750 1 Nos

    IC CHIPS Television flatiron 5000 1 Nos

    SOUND CARD Television flatiron 500 1 Nos

    AERIAL Television flatiron 300 1 Nos

    CREATE MANUFACTURING VOUCHER

    Go to > INVENTORY INFO > VOUCHER TYPE > CREATE

    USE> STOCK JOURNAL > USE AS MANUFACTURING JOURNAL – YES

    PURCHASE 10 PIECES OF Television Flatiron

    on next day & stored at new Godown ON-SITE. Production performance no.-PR-2/TV301/220
    Overheads Amounts

    WAGES 2000

    Power 3000

    TALLY PRIME 3
    14. BILL OF MATERIALS {BOM}

    Exercise 3: SARA PVT LTD COMPANY creating bills of material

    Bill of Material (BoM) is created only for those items that are being assembled in house. For trading
    items, you do not need a BoM. Therefore, you need to specify a BoM at the time of creating a Stock
    Item or when altering its master.

    To assemble ONE COMPUTER (P4), the following peripherals are required..


    NAME OF THE PERIPHERAL QUANTITY RATE P.U

    Processor (P4) 1 NOS 2000

    Monitor 1 NOS 1500

    Motherboard 1 NOS 3000


    Hard Disk 1 NOS 4500

    Mouse 1 NOS 2000

    Keyboard 1 NOS 2200

    The company assembled 10 COMPUTERS with P4 configuration using the peripherals listed in the table
    and stored the same in the finished goods godown. Wages of Rs.10, 000 and Overheads (including
    power) of Rs. 1000 (Overheads are arrived at Rs.100 per computer) where incurred. The wages were
    paid by cheque.

    CREATE MANUFACTURING VOUCHER

    Go to > INVENTORY INFO > VOUCHER TYPE > CREATE

    USE> STOCK JOURNAL > USE AS MANUFACTURING JOURNAL – YES

    PURCHASE 10 PIECES OF COMPUTER (P4),

    on next day & stored at new Godown MANIPURA . Production performance no.-PR-2/TV301/220
    Overheads Amounts

    WAGES 10000/-

    OVERHEADS 1000/-

    TALLY PRIME 4

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