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TALLY ERP9

INVENTORY MANAGEMENT

Inventory Management:

Inventory Management plays a vital role in the day-to-day business activities. Maintaining the Stock position to meet out the market demands is important to a growing concern. Through Inventory Books in Tally, we can analyse the Stock position, Purchase Order, Sales Order positions whenever we require them. Inventory Management feature in Tally is used to maintain the quantitywise particulars and value of the goods.

Company Name : Inventory and Co.

ACTIVATION:


1. Under F11 : Features, Inventory Features, Maintain Stock Categories = Yes
                         Maintain Multiple Godowns = Yes >>> Accept
2. While Purchases, Sales Ledger creation, Inventory Values are affected?=Yes

INVENTORY MASTERS


(Gateway of Tally >>> Inventory Info)

1. TV (Stock group) - OPTIONAL
2. Color, B&W (Stock category) - OPTIONAL
3. Tambaram, Velachery (Godown) - OPTIONAL
4. Symbol: sts, Formal Name: Sets (Unit of measure) - MANDATORY
5. Videocon CTV, Videocon B&W, Onida CTV, Onida B&W (Stock item) - MANDATORY

EXERCISE:
DATE

TRANSACTIONS

02.04.1995

Bought  25 Videocon Colour TV sets at Rs.15,000 each by cheque

01.05.1995

Purchased 20 OnidaColour TV sets at the rate of Rs.16,000 each from Onida Sales       Corporation on credit

02.06.1995

Sold 10 Videocon Colour TV sets at Rs.17,000 each

01.07.1995

Purchased 15 Onida B&W sets at Rs.5,000 each by cheque

02.08.1995

Sold 12 OnidaColour TVs to S.R. Enterprises on credit at Rs.17,000            each

02.09.1995

12 Videocon B&W TVs bought from Videocon Ltd. on credit at Rs.4,000 each

01.10.1995

Sale of 5 Onida B&W sets at Rs.7,000 for cash

01.11.1995

Videocon B&W sets 7 nos. sold to Jho& Co on credit at Rs.5,000 each

02.12.1995

5 Videocon Colour TVs purchased @ Rs.14,000 each by cheque

01.01.1996 7 nos. of Onida Colour sets bought from Onida Sales Corporation on credit at Rs.15,000 each
02.02.1996

Sales made: 4 Videocon Colour sets at Rs.15,000 each

01.03.1996

Sold 5 nos of  OnidaColour sets at Rs.16,000 each

   
NOTE:
Opening Stock: 7 sets Videocon CTV at Rs.14,000 each; 5 sets Onida B&W at Rs.6,000 each
Godown for Videocon TVs : Velachery
Godown for Onida TVs : Tambaram

HOW TO VIEW THE STOCK POSITION?


1. Gateway of Tally
2. Stock Summary
3. Open TV
4. Give period
5. View the Stock Position

(or)
1. Gateway of Tally
2. Display
3. Inventory Books
4. Give period
5. View the Stock Position
(or)
1. Gateway of Tally
2. Display
3. Statements of Inventory
4. Give period
5. View the Stock Position


(or)

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