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With Tally stock groups, you can group stock items base on some common features such as the product type, the product brand, etc.įor example, you can group stock items in a structure like this: Stock Items It enables you to locate stock items easily and report their details in statements. Groups are very helpful when it comes to classifying stock items. Stock groups in Inventory masters are similar to that of Accounting masters. Let’s now look at these inventory masters one after the other to get them all clarified. But for beginners, our main focus will be on the first four items, Groups, Categories, Items, and Units of Measure. These items include Stock Groups, Stock Categories, Stock Items, Units of measure, Voucher Types, and Copy Allocation Details. This menu contains items called Inventory Masters which collectively makes inventory management a lot simple.
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#How to create stock in tally erp 9 how to
In this Tally Tutorials, you’ll learn how to maintain inventory in Tally using inventory masters such as stock categories, stock groups, and stock items. With not too much effort, you can probably get your inventory management system up and running.Īs you record sales and purchases, Tally will keep track of your inventory, just as the point-of-sale system at the supermarket does when it scan items. Tally provides outstanding features that make inventory management a lot easy. Not only do you need to physically care for the stuff, but you also have to make sure that you don’t run out of some items or have too much of some other items. Inventory management is one of the toughest business activities for small and growing businesses.