Stock Item refers to goods that you manufacture or trade. It is the primary inventory entity and is the lowest level of information on your inventory. You have to create a Stock Item in Tally.ERP 9 for each inventory item that you want to account for.
Go to Gateway of Tally > Inventory Info. > Stock Items
Creating a Stock Item
Stock items are goods that you manufacture or trade (sell and purchase). It is the primary inventory entity. Stock Items in the Inventory transactions are similar to ledgers being used in accounting transactions.
Two Modes of Stock Item Creation:
- Normal Mode
- Advance Configuration Mode.
Creation of Stock item in Normal Mode:
To create a Stock Item,
Go to Gateway of Tally > Inventory Info > Stock Item > Single Create (under Single Stock Item)
Stock Item creation is displayed as shown
Displaying a Stock Item
You can display the existing Single Stock Item master and Multiple Stock Item masters, since it is only display you are not allowed to alter any information in display mode.
To display a Single Stock Item,
Go to Gateway of Tally > Inventory Info > Stock Items > Display (under Single Stock Item)
Select the Stock Item you want to display from the List of Items. The Stock Item Display screen is displayed as shown.
Displaying a Multiple Stock Item
Go to Gateway of Tally > Inventory Info > Stock Items > Display (under Multiple Stock Item)
Select a Stock Group or All Items from List of Groups to display the Stock Item under the selected group or All Items.
The Multi Stock Item display screen is displayed as shown.
Altering a Stock Item
This option allows you to view the existing single Stock Item master and Multiple Stock Item masters in edit mode, here you are allowed to change the various information.
In the Alteration mode, you can change the item master settings.
If a transaction is entered for that item, it is not possible to alter the units and delete the stock item.
To Alter a Single Stock Item,
Go to Gateway of Tally > Inventory Info > Stock Items > Alter (under Single Stock Item)
Select the Stock Item you want to alter from the List of Items. The Stock Item Alteration screen is displayed as shown.
Altering a Multiple Stock Item
Go to Gateway of Tally > Inventory Info > Stock Items > Alter (under Multiple Stock Item)
Select a Stock Group or All Items from List of Groups to alter the Stock Item under the selected group or All Items.
The Multi Stock Item Alteration screen is displayed as shown.
