how to create multiple stock item in tally

In the creation of Ledgers shown in the above video, what are those percentage meant ‘sales @1%, sales @1.25%, purchase @1%’, etc, I didn’t exactly get, Is it discount offer/discount received or tax added? Go to Gateway of Tally > F11: Features > Accounting Features Set “Yes” to the Options “Enable Set Standard Rate for Multiple Stock Items ?" How to delete stock item in Tally ERP9 . Step 1: Active an existing company or create a new company in which you want to apply multi tax rate under GST in Tally ERP9. And now you want to convert it as Fixed Asset. They group items based on Product category such as Electronics Goods, Grocery,Clothing etc. Step 2 : Select the godown name from the list of Godowns menu, besides the Under Godown. Select ‘Stock Items’. Stock item creation in tally basic & with GST, No option for Journal reference no. To overcome the difficulty of creating groups individually, We have the multiple stock group creation option using which, we can create numerous groups in a single screen. The field ‘Under’ will be active in this case and you can select the main group under which new groups are placed for every single groups.See below image. Create a ledger for the stock item under Stock-in-Hand group. Under: Specify the stock group under which this stock item is to be specified. Please mail your requirement at hr@javatpoint.com. Enter the Alias name of Stock Item (if required). Step 4 : Finally, click Yes to save multiple godowns and the multiple godown screen appears. Step 1: – Choose the option “Create”under multiple stock categories to create multiple stock categories in Tally.ERP 9. Create stock items one-by-one 1. How to create stock items in Tally After opening any company in the Tally software, you have to click on the Inventory Info window > then click on the “Stock Items” option > now, click or select “Create” option. Go to Gateway of Tally → Inventory Info. The unit of measure must be same for all items. Alias: It can be short name of stock item or product id or another name. How to cancel the calculator option in tally 5.4. Use the following path to create multiple stock items: Gateway of Tally.ERP 9 > Inventory Info > Stock Items > Multiple stock items > Create. From Inventory Info select Stock I tems. > Stock Groups > Create > select the group. We can call Television as primary group. (or you can select create for creating a new stock item) I have already created a stock item called Mobile under a group called Mobiles. 2. Step 2: Choose Stock items under Inventory Info. At current, the computer system is under stock item in tally. This will take you to the Company Creation screen, which will allow you to enter in your company details. → Stock Groups → Create (Under the Multiple Stock Groups) After selecting the CReate option, you should see a screen similar to the one below: Provide the details of the Stock Groups as follows: Then Press Ctrl+Alt+T button Step 3. Creation of Multiple Stock Items. Stock items are the primary inventory entity, like Ledgers. Nazim’s background is Master of Business Administration (MBA-Finance), For over 10 years he has worked in the Accounts-Finance and MIS department implementing reporting systems based on Excel & Tally ERP. Quantity: Specify the quantity of stock items. So create a ledger in the name of computer system under the head of fixed asset. Go to Gateway of Tally > Inventory Info. Here is a video tutorial on how to create stock group in tally. Nazim Khan is a Microsoft Excel Expert & Excel Trainer, dedicated to helping you create outstanding tools and reports in Excel. For example you can find out the total number of TV’s grouped under “Television” group Which includes the products under its sub groups. Open Tally program; Select ‘Inventory info’ under ‘Gateway of Tally’. 4. Step 1: Choose the "Create" option under multiple stock items, as shown below. Mail us on hr@javatpoint.com, to get more information about given services. In Tally ERP 9, choose 'Yes' to save the details. or keep the option No. In this way you can create so many groups individually. then now pass the following entry. Step 11: Filed → 'Amount': Tally multiplies the rate fields and quantity and proposes the amount automatically. To create a group in single stock group mode, Go to Gateway of Tally>>Inventory info>>Stock Group, Press enter and select Create under single stock group, Let’s create the first group Television, Under: Primary,(Primary meaning the prime group or the first level group). Required fields are marked *. In Tally, stock items can be created using two methods which are as follows: Use the following path to create single stock items in Tally. The field Under will show the List of Groups . How to create multiple stock items Step 1: Under multiple stock items, choose create option as shown below image. Creating a Multiple Stock Group : Gateway of Tally.ERP 9 > Inventory Info > Multiple Stock Group > Create. Under group: Choose under group as all items to update the different types of stock items with different category groups. In Tally item master by default you can add only single line product description and the same can be auto captured while in the description box while making any vouchers. Create Stock group in tally ERP9,Single & Multiple mode. There are two modes of stock group creation, They are Single Mode and Multiple Mode. From Gateway of Tally select I nventory Info. Note that Tally proposes the UOM. Let’s create the secondary level groups  or sub groups using multiple stock group creation, to do this, Gateway of Tally>>Inventory Info>>Stock Group, Select create under Multiple Stock Groups. Detailed Setup Guide: To operate this capability, user will have to follow the following steps: 1. From Single Stock Item Select C reate. Gateway of Tally → Inventory Info → Stock Items → Single stock item → Create. To create multiple stock items, instead of choosing the create option under the single stock item, choose the create option under the multiple stock items. Fill up the field as follows Step 1. Let’s create a stock item Computer under stock group ACER (Classified based on brand name) below is the screen displayed for creating stock. This way, Tally will give you the chance to create more than one stock items all at once. Part No: Stock items are identified with the part numbers . The below screen will appear when you click the … Rate: When we are entering the values of the rate for stock items, a new window opens. JavaTpoint offers college campus training on Core Java, Advance Java, .Net, Android, Hadoop, PHP, Web Technology and Python. In fact, you will create a stock ledger account for each item and Tally calls this account “Stock Item”. A Screen will appear as under:- The store keeper can assign relative priority to the right product groups. In the Tally ERP 9 system, click on A: Accept to save the entered details. To configure this follow the steps below; Go to item masters from Gateway of Tally > Inventory Info > Stock Items > Create or Alter 3. What you have to look here is the GST details under Statutory Information as shown in the picture below. You can create various stock groups under various main groups.To do this Select all item in Under Group at the top. Create a company. Enable Multi Line Description for Stock Item in Inventory Features. But still, that is very time consuming process as we have more than 3000 items names to alter. Press enter to move on to next line, where you can type another stock group, enter all four stock groups .The final screen will look like this. Step 3: Choose "Create" under the Single Stock Item.  The next step is editing viewing and deleting of stock group that we will learn in the next lesson. Make sure that the company is in Accounts with inventory Mode.If it is not, you can enable it from F11 Features>F2 Accounting Features>, Disable option ‘Maintain Accounts only‘. Can quantities of item be added? Path: Gateway of Tally -> Inventory info -> Stock Items-> Create . Press F11 For Company Features. Again the sub division of products are based on its brands.See the below image for more clarity. Name: Specify the name of the stock item. Creating a Stock Item in Tally. Tally will generate the report for the stock group,like group statement, item movement based of groups etc in-order to help us in implementing the most apt inventory management system. Then, select Create under Single Stock Item; Now, see the picture below and create the stock item for 25 Mobiles for ₹15,000 per unit. Here you can select the Stock Group to which the Stock Item belongs. Enter the name of stock item. Create Stock Items with multi descriptions. Creating stock group in Tally ERP9 help you in grouping of products and a store keeper can arrange and  locate stock item easily with the help of grouping. Step 2: In next screen multi Stock item creation, enter the following details. 4. Now Press F4 Button or Click on “Manage Local TDL” button Step 4. Step 4: Enter the following details on the next screen, "Single Stock Group Creation". Step 1: Choose the "Create" option under multiple stock items, as shown below. Your email address will not be published. Units: It specifies the units of measure to count the stock items. Likewise, create stock items for 50 Earphones for ₹400 per unit and 55 Screen Guards for ₹200 per unit as shown in the picture. Go to Gateway of Tally. Stock Item Creation in Tally ERP9 . JavaTpoint offers too many high quality services. Note: Stock items are the actual items for which you wish to maintain Accounts. User Can change the required Item details by just pressing the “Enter” Key. Go to Gateway of Tally > Inventory Info. Press F2 for Inventory Features 3. For deleting a group from the list the key combination is ALT + D. Remember that the group should be empty, which means that no stock item is under this group. Tally will not allow to delete any item which have transactions. 1. Enter the Name of the Stock Item. Now you need to set up item master for stock cost tracking. We run a Question answer forum to help you. Developed by JavaTpoint. Lots of Accounting & Financial students and professionals trust us for learning Tally ERP 9 and our basic classes of accounting and taxation. Step 2: Enter the following details in the next screen, "Multi Stock Item Creation". Stock Item Name: Enter name of stock item like, Dell Computers Under Stock Group: Computers . 2. Category: Specify the stock category of stock items. Press enter and save the screen, so the multiple stock group creation is completed. Step 3 : Type the name of the sub godowns under the Name. In Layman’s language, Stock Group in tally erp 9 is the classification or grouping  of similar nature of Products which will help in managing products like ,storing & replenishing to it’s optimum level. Computer system (fixed asset) ..... Dr. To Purchase (computer system) stock Tally ERP 9 allows us to create quantity based price list with the discount structure for our valuable customers. The UOM was selected when creating this stock item 'master'. Use the following path to create multiple stock items: Gateway of Tally.ERP 9 > Inventory Info > Stock Items > Multiple stock items > Create. The rest is same as updating stock group mentioned above. Enter the Alias name of Stock Item (if required). In the new release of Tally, this option is available only for the Stock item, hence available only when we create a stock group and stock items in the tally company. Stock items are referred to as goods that a company manufactures in Tally. After specifying all required details, press enter to continue. To create stock group for GST Compliance. Duration: 1 week to 2 week. Route: To set price levels in Tally : Tip: Use Short keys from Gateway of Tally: IIC or iic To Create Stock Items. CREATION OF STOCK ITEMS IN TALLY. Enter the Name of the Stock Item. You can create various stock groups under various main groups.To do this Select all item in Under Group at the top. SET UP ITEM MASTER FOR stock cost tracking . > Stock Item > Multiple Stock Items > Alter. printing. ERP 9 is an easy task, as one can set these multiple price levels in the ledger creation screen itself. Step 1 : Select the Create option under Multiple Godowns from the Godowns. Create Multiple stock groups under various main groups. Select Alter under Single Stock Item. This module facilitates the user to Print All the Stock Item Master details of the Selected Group. : By enabling this option you can calculate the sum total of all item quantity. Once you select the item group, you will find a new option as shown in the below screen “Enable cost tracking ? Each item is required to be accounted for, and receipt or issue needs to be created. Now update all the required details: Specify the name of items, stock group, stock category, stock units, stock opening qty, and rates. Read More…. Now we want some sub groups under Television group like Sony, LG, Samsung, sharp etc. It will be active only when we select all item there. Gateway of Tally.ERP > Inventory Info > Single Stock Group > Alter. Update the following details, as shown below: Godown: Under the list of Godowns, choose Godown. Step 2: Enter the following details in the next screen, "Multi Stock Item Creation". Step by step procedure to create multiple stock categories in Tally. Under: Under field filled automatically with Television, This field would not be active as we have already selected the under group at the top. Your email address will not be published. You can choose the main group under which Sansui stock group comes under. > Stock Item > Create (under Single Stock Item ). … Press enter and save the screen, so the multiple stock group creation is completed. Stock groups are used to classifying products.It helps to enumerate the stock from a colossal amount of products  by viewing the report of a particular group.Let’s consider a simple example. Press enter and save the screen. To create go to Gateway of tally>>Inventory Info>>Stock Items>>Create Or Use Hot Key I > I > C From the gateway of tally. Use them in the vouchers. In the opening menu, select "Create Company". In order to use Tally, you will need to create a company in the program. Opening Balance: Specify the opening balance of the stock items. Alternatively, Gateway of Tally > Create > select Ledger > press Enter. In Tally, there is option to alter multiple/all stock items through: Gateway of Tally > Inventory Info. Go to Gateway of Tally > Inventory Info. Go to create a new item master or alter an existing item master. An  electronic goods dealer is classifies the products as follows. Step 2. Tally erp 9 online training , Accounting tutorials -Tallygame, Home » Tally ERP 9 » Inventory » Stock » Create Stock group in tally ERP9,Single & Multiple mode. 3. The simplest rule is to select the stock item and enter the quantity in sales voucher creation screen and let Tally do the work of prefilling the price automatically based on the levels defined. The field Under will show the List of Groups . Step 2: Press F11 : Feature > F3: Statutory & Taxation > Now enable given both option. 3. Usually it means Item or Product, which can be buying, selling or issue for production purpose. 2. Tallygame.com is an educational blog about Tally ERP 9,Accounting ,Finance & Indian Taxation driven by a team of expert and experienced professionals with qualifications and years of Working Experience. > Stock Item > Create (under Single Stock Item ). Here is the Preview of this TDL file . How to Install the TDL File in Tally. 4.6 / … Alt+G (Go To) > select Create Master > select Ledger > press Enter. All rights reserved. © Copyright 2011-2018 www.javatpoint.com. Now your screen will look as under:-Select ‘Create’ under ‘Single Stock Items’. Items are addable: If you want to add the units of the stock items. Step 1: Go to Gateway of Tally and then Choose Inventory Info. Even if you aren't using Tally professionally, you still need to create a company. With the help of this TDL you can Enter Description with every stock item with multiple lines. Based on the quantity and rate amounts, per and amount values are automatically calculated. To remove duplicate stock items in Tally ERP 9. suppose you have 2 Stock Items like “Stock Item-1″ and “Stock Item-2” and you need to remove “Stock Item-2” or merger “Stock Item-2” into “Stock Item-1”. GST Applicable: Applicable .