Inventory Features in Tally ERP 9
Inventory features in Tally consists configurations / functions related to inventory transactions and reports.
Inventory features in tally are furthered sub-divided into 7 functions, such as
- General
- Storage and Classification
- Order processing
- Invoicing
- Purchase Management
- Sales Management
- Other features
How to start inventory features in Tally ERP 9
- Path: Tally Main –> Gateway of Tally –> F11: Features –> Company Features –> Inventory Features or click on F2: Inventory.
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![Inventory features in tally](https://www.tutorialkart.com/wp-content/uploads/2018/06/Inventory-features-in-tally.png)
How to enable inventory features in Tally ERP 9
By using inventory features, you enable or disable the options for day to day business transactions. The following screen displays after executing the inventory features.
![Enable Inventory Features in Tally](https://www.tutorialkart.com/wp-content/uploads/2018/06/Enable-Inventory-Features-in-Tally.png)
On company alteration screen, update the following details
General
- Integrate accounts and inventory: Choose this option as Yes to include stock or inventory balances in inventory records.
- Enable zero value transactions: Choose this options as Yes to allow the zero value transactions.
Storage and classification
- Maintain multiple godowns: Enable this option if you have more than one storage location and godowns for storing the materials.
- Maintain stock categories: Enable this to define or maintain stock categories
- Maintain batch wise details: Enable this option to maintain batch wise details for stock items
- Set expiry dates for batches : Enable this option for maintaining expire dates for batches
- Use separate actual and billed quantity columns
Order Processing
- Enable purchase order processing : Enable this option to define purchase orders
- Enable sales order processing: Enable this option to define sales orders
- Enable job order processing: Enable this option to define job orders.
Invoicing
- Enable Invoicing:
- Record purchases in invoice mode
- Use debit and credit notes
- Record credit notes in invoice mode
- Record debit notes in invoice mode
- Use separate discount column in invoices
Purchase Management
- Track additional costs of purchases
Sales management
- Use multiple price levels
Other Features
- Use tracking numbers (enables delivery and receipt notes)
- Use rejection inward and outward notes
- Use material in and out vouchers
- Use cost tracking for stock item
After enabled or disabled the features, choose A: Accept or press ctrl+ A to save the details.