How to Create Stock Items In Tally

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.

1. Single stock item
2. 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.

Step 2: Next screen, choose “Stock items”

Step 3: Under single stock item, choose create.

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

• 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.

After entering the required details, press enter to continue. Choose “yes” to save the details in Tally.ERP 9.

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.

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.

Click on A:Accept to save the entered details in Tally.ERP 9 system.