The main concept of Trading activities are receipt of goods and delivery of goods. We generally call them PURCHASE or SALE activities. The trading items can be RAW MATERIAL, FINISHED GOODS, SEMI-FINISHED GOODS, etc. For better Organization you can use the group and sub-group for classification of the trading item. Inventory Info Menu You can create the inventory from this menu, which contains the following options :
Stock Group : Create your group here, for example, Raw Materials, Work-in-progress, Finished Goods, etc.
Stock Items : Create your Stock Items here, for example, TV, Sound System, VCD, etc.
Voucher Types
Unit of Measurement : Create your measurement Unit for Items, for example, LTR. MTR, PCS, BOX etc.
Quit : Exit from the menu.
Definitions
Stock Items : Stock items are the primary inventory entity, like Ledgers. Usually it means Item or Product, which can be buying, selling or issue for production purpose. Each item is required to be accounted for, and receipt or issue needs to be created. In fact, you will create a stock ledger account for each item and Tally.ERP calls this account “Stock Item”.
Stock Units : You can measure the Stock Item by Units, like money is measured in Currency. For example, Liters, Meters, Kilograms, Pieces, Box, Dozen, etc. Units can be classified under the following types :
First Unit Conversion Factor Second Unit Dozen 12 Pcs. Meter 1000 Millimeters. Box 30 Pcs.
Under
Specify whether it is a primary group or a sub-group of another group, by selecting from the list. Press Alt+C to create a parent group, if you do not have it in the list.
Can quantities of items be ADDED?
This field pertains to information on measuring the units of the Stock Items that you would categorise under the Stock Group. The Stock Items categorised under the group should have similar units for them to be added up. You cannot add quantities in Kgs to quantities in Pcs.
2.1. Modifying a Single Stock Group Gateway of Tally.ERP > Inventory Info > Single Stock Group > Alter 2.2. Displaying a Stock Group Gateway of Tally.ERP > Inventory Info > Single Stock Group > Display 2.3. Deleting a Single Stock Group Gateway of Tally.ERP > Inventory Info > Single Stock Group > Alter
For deleting a group from the list the key combination is ALT + D. Remember that the group should be empty, which means that no stock item is under this group.
Gateway of Tally.ERP 9 > Inventory Info > Multiple Stock Group > Create.
Select / Create the group ( for creation press ALT+C)
Enter the name of the groups
For Example: A Sanitary Fittings store has different types of fittings.
Fittings : Toilet, Bath, Kitchen, Urinals
Gateway of Tally.ERP g Inventory Info g Units of Measure g Alter
Gateway of Tally.ERP g Inventory Info g Stock Item g Multiple Stock Items g Create
Select the Group of the Product
Enter the name of the Item
Select the Category from the list.
Specify the Unit
Enter the Quantity
Enter the Rate
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