You can also edit the value, Tally.ERP 9 automatically refreshes the Rate field accordingly. In the Value field, Tally.ERP 9 automatically calculates the value by multiplying the Quantity and Rate. In the Rate field, specify the stock item Rate. In the Quantity Field, specify the stock item Quantity. Specify the details of Opening Balance , if any, for the Stock Item as on the date of Beginning of Books.
You can change state tax or central tax, and manage other GST details by using F12ħ. When you enter the integrated tax, state tax and central tax are calculated as half of the integrated tax specified. Select Exempt , if the type of supply is exempted from tax under GST, or select Nil Rated , if the tax rate applicable to the type of supply is 0% under GST. Select Taxable for goods and services that are classified as taxable type of supply under GST. You will get the window of GST Details for Stock Item as below: If GST is enabled, set GST Applicable to Applicable and enter the GST details by enabling the option Set/alter GST Details to Yes. Setting GST Details in Stock Item ( Tax On Value)Ħ. For stock items without UoM, the cursor will not move to the Quantity field during voucher entry. Note: You can create a new UoM by pressing Alt+C at this field. By default, Not Applicable appears in this field. Here you can select the Unit of measure (UoM) applicable for the stock item. Note: You can create a new stock Group by pressing Alt+C at this field.ĥ. By default, Primary Stock Group appears in this field. Here you can select the Stock Group to which the Stock Item belongs. The field Under will show the List of Groups . Enter the Alias name of Stock Item (if required).Ĥ. Go to Gateway of Tally > Inventory Info. > Stock Item > Create (under Single Stock Item ).ģ. Stock Items in the Inventory transactions are similar to ledgers being used in accounting transactions.ġ. Stock items are goods that you manufacture or trade (sell and purchase). Creation of Single Stock Items one-by-one
Grouping enables you to locate Stock Items easily and report their details in statements. For example, Raw Material, WIP, Finished Goods, Hardware, Software, Electrical, Electronics, etc. This classification will help you to get stock report in an organized manner. They are helpful in the classification of Stock Items.Īs per requirement of the business numerous items can be created, but to generate a report on similar types of stock items you need the classification of stock items. Stock Groups in Inventory are similar to Groups in Accounting Masters. Above-mentioned are all example of Single Units.Ĭompound Units: When two different types of Units can be used for receipt and issue of the Stock item is called compound unit. Single / Simple Units : When only one Unit is used for receipt and issue of stock items. Units can be classified under the following types : For example, Liters, Meters, Kilograms, Pieces, Box, Dozen, etc. You can measure the Stock Item by Units, like money is measured in Currency. The quantity in turn is measured by units. Stock Items are mainly purchased and sold on the basis of quantity. In fact, you will create a stock ledger account for each item and Tally.ERP9 calls this account “Stock Item”. Each item is required to be accounted for, and receipt or issue needs to be created. Usually it means Item or Product, which can be buying, selling or issue for production purpose. Stock items are the primary inventory entity, like Ledgers. MTR, PCS, BOX etc.īefore creating the Inventory info menu we should know what stock groups, stock items and units of measurement are.
Unit of Measurement : Create your measurement Unit for Items, for example, LTR. Stock Items : Create your Stock Items here, for example, TV, Sound System, VCD, etc. Stock Group : Create your group here, for example, Raw Materials, Work-in-progress, Finished Goods, etc. You can create the inventory from this menu, which contains the following options : For better Organization you can use the group and sub-group for classification of the trading item. The trading items can be RAW MATERIAL, FINISHED GOODS, SEMI-FINISHED GOODS, etc. We generally call them PURCHASE or SALE activities.
Stock in tally erp 9 software#
Open your Tally.ERP9 Software And Press F12 on your key board.The main concept of Trading activities are receipt of goods and delivery of goods. Note: Files extensions which can be attached to Tally.ERP9 software are.
Stock in tally erp 9 code#
Copy the below code and past it in Notepad and save it.
There are lot of time you cannot delete Stock Item which are already used in voucher from Tally.ERP 9 software and you want to remove that Stock Item from the list so that it is not wrongly selected during entry.Īnd there comes the need to Disable or De-activate that stock item from the list.