468061578-ITU07305-Lecture-8-9-Inventory-Masters.pptx

Tally data file

1. Computer Applications (Tally Accounting Package) ITU07305 , IRU07303, SPU07307 1 IRU07303/ITU07305/SPU07307

2. Logistics Instructors: SIPHY, A.S / KWESIGABO, E Consultation Time Mondays 14.00 -16.00 HRS / or by appointment Contacts: [email protected] / [email protected] Office: D 020- block D 2 IRU07303/ITU07305/SPU07307

3. In this Lecture Inventory Info. in Tally.ERP 9 Stock Groups Stock Items Units of Measure Voucher Types Inventory Vouchers (Next Lecture) 3 IRU07303/ITU07305/SPU07307

4. Inventory Info.

5. Stock G roups Stock Groups   in Inventory are similar to Groups in Accounting Masters. They are helpful in the classification of Stock Items. Grouping enables you to locate Stock Items easily and report their details in statements. You can group Stock Items under different Stock Groups to reflect their classification based on some common features such as brand name, product type, quality, and so on Go to , GWT  I nventory Info Stock G roups

6. How to create Stock Group The following steps create Stock Groups Go to : GWT  I nventory Info Stock G roups C reate Type Stock Group Name Choose Primary Accept data to save

7. Stock Group-example

8. Stock Items Stock Item   refers to goods that you manufacture or trade (sell & purchase ). It is the primary inventory entity and is the lowest level of information on your inventory. Stock Items in the Inventory transactions are similar to ledgers being used in accounting transactions.

9. Stock Items.. To create a Stock Item in Tally.ERP 9 for each inventory item; Two modes of stock item creation : Normal Mode Advance Configuration Mode. Go To: GWT  I nventory Info Stock I tem C reate/C R eate (Single stock Item/Multiple Stock Items)

10. Stock Items..example Creation of Stock Item in Normal Mode Use ALT +C to create ‘Units’ , ‘category’(if any) where by default both have Not applicable. Note:  If  Unit  field is  Not Applicable  then the cursor will move from  Quantity  and  Rate  Field. Note:  In F11 Inventory features, if the option  Enable Invoicing  is set to  No  then Rate of Duty field will not be visible.

11. Stock Items..example Note: Category  and  Godown  buttons are visible only if you opted ( Yes ) in  F11: Features .

12. Altering a Stock Item This option allows you to view and change the details for the existing  Single Stock Item  master and  Multiple Stock Item  masters If a transaction is entered for a stock item, it is not possible to alter the units or delete the stock item. To Alter a Single Stock Item GWT  I nventory Info Stock I tem A lter)

13. Unit of Measure Unit of Measure can be in different ways, eg. Pcs, Kg, Btl, lbs, etc Go to Inventory Info fro gateway of Tally Go to Unit of Measure Choose Create Type Symbol of Unit Type Formal Name of Unit Accept data to save