What is learning about the inventory on the Tally ?

 

 Inventory is a small term but its work and accountant treatment is very large and complex. In the old days we physically maintained the inventory but it doesn’t give accurate inventory information just it spends more time.so this rezone  various company look to some accounting Software like – Tally , Marg ERP, Busy, SAP, Profit Book etc.

We discussing tally software about inventory.

Tally is very helpful and easy maintain inventory also.

What We learn inventory with Tally ? discussing given below

  we learn  purchase process Entry in inventory .

Step-1

Getaway of Tally -> Accounting Voucher->press [ALT+F4]->show this

Partys A/c Name = [Enter creditors Party Name ]

Purchase Ledger = [Select Purchase ledger Name]

Name of Item       =[Select what type of item you purchase Example –Mobile Phone

Quentity              =Enter how much Quentity you need Example- 25

Rate                   = Enter Purchas Rate           Example-7000/- each

[Note :- Select GST ledger with GST rate Wise ]

Step-2

Getaway of Tally -> Accounting Voucher->press F9->show this

Same As usual but when you Select Redmi Mobail (inventory Item ) Then Show four type option  1)ADV 2)NEW 3) AGST4) On account ,you select Agst Because your Entry Done on Purchase Order Basis  .Then Complete your Puchase Entry With inventory .

 

we learn  Sale process Entry in inventory .

Step-1

Getaway of Tally -> Accounting Voucher->press [ALT+F5]->show this

Partys A/c Name = [Enter Debtor Party Name ]

Purchase Ledger = [Select  Sale ledger Name]

Name of Item       =[Select what type of item you Sale Example –Mobile Phone

Quentity              =Enter how much Quentity you sale Example- 12

Rate                   = Enter sale Rate       Example-7500/- each

[Note :- Select GST ledger with GST rate Wise ]

 

Step-2

Getaway of Tally -> Accounting Voucher->press F8->show this

Same As usual but when you Select Redmi Mobail (inventory Item ) Then Show four type option  1)ADV 2)NEW 3) AGST 4) On account ,you select Agst Because your Entry Done on Sale  Order Basis  .Then Complete your Sale Entry With inventory .

 Basically these two entries are required for inventory, in addition to all the reports display  in tally .Just like What is Current Stock , how much item not Sold ,what rate of sold etc.