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How to enter opening balance for stock items on a date (middle of the month or a year) which is different from the Book Beginning Date @ Tally.ERP9

Query

 

How to enter opening balance for stock items on a date (middle of the month or a year) which is different from the Books Beginning Date?

 

Answer

 

Opening Balances for stock item master can be entered only from the Books Beginning Date.

 

However as a work around, users can record; 

  • Physical Stock Vouchers to affect the inventory reports, if only Quantity has to be updated to the books.

         OR

  • Stock Journal by specifying the Stock Item details with the Rate on the Destination (production) side.

 

For Example: Customer who purchases Tally.ERP 9 on 1st of June but the books are beginning from 1st of April. In this case the user can pass a Physical Stock Voucher orStock Journal as on 1st of June.

 
Get..Tally.ERP9 Book + GST Assignment @ Rs. 550
 
 

Get..Tally.ERP9 Book + GST Assignment @ `. 550 !

15 Chapters in Tally.ERP9 Book + 21 Chapters in GST Practical Assignment on GST in Tally.ERP9 & All features are described with Practical Problems with Solutions.

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