Creating Ledgers & Stock Items under PoS (Point of Sale) in Tally.ERP 9

i.          Creating Ledger

Create sales and purchases ledgers in the books of M/s. Shop n Save Market. Go to Gateway of Tally > Accounts Info. > Ledgers > Create

 

Ledger

Under Group

Inventory Values are Affected

Purchases

Purchase Accounts

Yes

Sales

Sales Accounts

Yes

 

ii.         Creating Stock Items

Create stock items with standard price. To set standard rates for stock items, set Allow Std. Rates for Stock Items to Yes in F12: Configure — Accts/Inventory Info.

Fig-3

Go to Gateway of Tally > Inventory Info. > Stock Items > Create

1. Name: Olive Oil

2. Under: FMCG. (Press ALT+C to create stock group FMCG under primary)

3. Units: Bottle. (Press ALT+C to create a simple unit of measure Bottle)

4. Set Standard Rates?: Yes. Tally.ERP 9 displays a screen where the standard rates can be specified.

  • Applicable from: 1-4-2009.
  • Under Standard Cost, specify the rate as 125 and under Standard Selling Price specify the rate as 150.

 

The Standard Rates screen appears as shown :

Fig-4

5. Press Y or Enter to accept the standard rate settings.

 

 

The completed Stock Item creation screen displays as shown :

Fig-5
  • Press Y or Enter to accept the stock item creation screen.

NOTE :

  • To view the field Set Standard Rates, set Allow Standard Rates for Stock Items to Yes in F12: Configure.
  • In the alias column, the bar code details can be captured by simply scanning the bar code of the stock item using a bar code reader.
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Company Information @ Tally.ERP9
 
 
 
Group & Ledger
Introduction
1. THE GROUP
2. THE LEDGER
3. VOUCHERS TYPES
Advanced Inventory / Stock
Meaning
Order Processing
Re-Order Levels
Tracking Numbers
Batch-wise Details
Additional Cost Details
Bill of Materials (BOM)
Price Lists and Price Levels
Stock Valuation
Zero Valued Entries
Inventory Ageing Report
Actual and Billed Quantities
 
Advanced Usage of Vouchers
Maintain Bill-wise Details
Cost Center and Cost Category
Interest Calculation
Reversing Journals
Post-Dated Voucher
Memo (Memorandum) Voucher
Optional Voucher
Using Tracking Number
Knowledge Base @ Tally.ERP9
Stock Items
Stock Groups
Inventory Masters
Inventory Vouchers
Inventory Report Statements
Balance Sheet
Accounting Reports
Accounting Vouchers
Interest Calculation
VAT-Value Added Tax
Service Tax
TDS (Tax Deducted at Source)
 
 
 
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