Under: The under field lets you specify whether to create a primary group or a sub-group under another group.
You can use a numerical code for the alias name for easy access.
Example Lenovo Computers.Īlias: Enter another name for this group apart from the name you provide under the name field. Name: Provide the name of the stock group you are creating.
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. Select any party’s ledger or even Cash ledger under Ledger Account and give the appropriate stock item under Name of Item (from the above example, Item A).Inventory management is one of the toughest business activities for small and growing businesses. To reduce the value of the closing balance, Go to Gateway of Tally > Inventory Vouchers > click on F10: Rej Out or press Alt + F10 for the Rejections Out Voucher. How can we reduce the value of closing stock in Tally ERP 9?