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U : Updating Excise Duty for Multiple Stock Items :Procedure to Quick Setup : Excise for Dealer  in Tally.ERP 9

In case of companies which have many stock items and doesn't want to define Duty to each item separately when ever there is change in duty (because of budget or any other reason),  can use multi stock duty alteration option available in Tally.ERP 9 to copy the duty details of one stock item to multiple stock items.

Example: Update the excise duty details of Hot Rolled Coil to other stock Items like Cold Rolled Coils, Iron Rod 6mm, Iron Rod 4mm etc.

To update excise duty details to multiple items press Alt+U or select the option U : Updating Excise Duty for Multiple Stock Items and press Enter to view Set Excise Duty Rates Setup screen.

In Set Excise Duty Rates Setup screen

  • Copy From: In this field select the stock item from which the duties to be copied i.e. Hot Rolled Coil


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  • Destination Type: Here select the destination type to which You want to copy the duties. Tally.ERP 9 gives 3 Destination Types

  • Stock Groups: If this destination type is selected, the duty details will get copied to all the stock items created under the selected Stock Group.

  • Stock Items: If this destination type is selected, the duty details will be copied to the Stock Item selected.

  • Tariff Classifications: If this destination type is selected, the duty details will get copied to all the stock items which fall under the selected Tariff Classification.

Here, Tariff Classifications is selected as the Destination Type


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  • Copy To: In this filed depending on the destination type selected, identify the stock item/Stock Group /Tariff Classifications to copy the excise Duties

  Select Coils from the List of Tariff Classifications


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  • Press Enter to view Excise Duty Details screen


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Note: The above screen displays the details (Excise Unit Name, valuation Type,Units, etc.) which will copied to the stock items.

  • Press Enter to view Proceed to Set Excise Duty screen


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  • Press Enter to set excise Duty.

Now the stock items created under Tariff Classification Coils would have been updated with the excise duties. Details like -

  • Stock Items to which the duty rates are updated

  • Number of stock items grouped under stock group/tariff classification (displayed when the Stock Group /Tariff Classifications is selected in Copy to field)

  • To how may Items update has been done.

will be displayed in the Calculator Pane.

Note: You can also update excise duty for multiple stock items from Gateway of Tally > Inventory Info. > Stock Items > Update Excise Duties

 
 
Tally.ERP 9 Reference Manual LIBRARY
1.
Installation of Tally.ERP9
2.
Site Licensing of Tally.ERP9
3.
Shortcut Keys in Tally.ERP9
4.
Maintaining Company Data
5.
Creating Masters
5a. Accounts Information [Creating Masters]
5b. Inventory Information [Creating Masters]
6.
Voucher Entry
7.
Reports in Tally.ERP9
8.
Excise for Dealer
9.
Excise for Manufacturer
10.
Reports [ Excise for Manufacturer]
11.
Excise for Importer
12.
Service Tax in Tally.ERP9
13.
Tax Collected at Source (TCS) in Tally.ERP9
14.
Tax Deducted at Source (TDS) in Tally.ERP9
15.
Value Added Tax (VAT) in Tally.ERP9
16.
Central Sales Tax (CST) in Tally.ERP9
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
 
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The visitors may click here to visit the web site of Tally Solutions Pvt. Ltd. for resolving their doubts or for clarifications