Stock Items in Tally
In Tally, stock items are referred to goods or services that a company manufactures or trade.
Stock items in Tally can be created by two methods, i.e.
- Single stock item
- Multiple stock items
Groups | Name of Items | Unit | Opening Qty | Rate | Amount |
Music System | Sony Blue Ray Player | Nos | 10 | 25,000 | 250,000 |
Philips DVD player | Nos | 5 | 15,000 | 75,000 | |
Sony 5.1 Music System | Nos | 2 | 20,000 | 40,000 | |
Television | Sony 32 Inch Tv | Nos | 3 | 25,000 | 75,000 |
LG 32 Inch Tv | Nos | 4 | 20,000 | 80,000 | |
MI 32 Inch Tv | Nos | 2 | 15000 | 30,000 | |
MI 42 Inch TV | Nos | 2 | 20000 | 40,000 |
How to create single stock item in Tally
Path: Gateway of Tally.ERP 9 > Inventory Info > Stock Items > Single stock item > Create
Step 1: From the initial screen of Tally, i.e. Gateway of Tally, choose inventory info.
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Step 2: Next screen, choose “Stock items”
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Step 3: Under single stock item, choose create.
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Step 4: In next screen, single stock creation enter the following details.
- Name: Enter the name of stock item
- Alias: It can be short name of stock item or another name or product id.
- Under: Enter the stock group under which this stock item to be specified
- Category : Enter the stock category of stock item
- Units: Units of measure to count the stock item
- Opening Balance: Enter the opening balance of stock item
- Quantity: Enter quantity of stock item
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- Rate: When you are entering the rate values for stock item, a new window opens as shown below. Update the following details.
- Godown: Choose Godown from the list of Godowns.
- Rate: Enter the rate of stock item
- Per & Amount values are automatically calculated based on quantity and rate amount.
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After entering the required details, press enter to continue. Choose “yes” to save the details in Tally.ERP 9.
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How to create multiple stock items
Path: Gateway of Tally.ERP 9 > Inventory Info > Stock Items > Multiple stock items > Create
Step 1: Under multiple stock items, choose create option as shown below image.
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Step 2: In next screen multi Stock item creation, enter the following details.
- Under group: To update the different types of stock items with different category groups, choose under group as all items.
- Now update all the required details – Name of item, stock group, stock category, units, opening qty and rates.
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Click on A:Accept to save the entered details in Tally.ERP 9 system.