Stock Entries – 1 in Tally ERP 9: A Comprehensive Guide

Stock Entries – 1

Tally ERP 9 is a versatile accounting software that can be used to manage various business operations, including inventory management. One of the key features of Tally ERP 9 is the ability to record stock entries. In this article, we'll guide you through the steps involved in recording stock entries - 1 in Tally ERP 9.

Step 1: Open Tally ERP 9

The first step is to open Tally ERP 9 on your computer.

Step 2: Go to the Gateway of Tally

Once Tally ERP 9 is open, you'll see the Gateway of Tally screen. From here, you can navigate to different sections of the software.

Step 3: Select the Inventory Info Option

In the Gateway of Tally screen, select the "Inventory Info" option.

Step 4: Select the "Stock Items" Option

In the Inventory Info screen, select the "Stock Items" option.

Step 5: Create the Stock Items

Create the necessary stock items by selecting the "Create" option and entering the details of each item, such as its name, unit of measurement, and rate.

Step 6: Go to the Stock Item Voucher

Once you've created the stock items, go to the Stock Item Voucher screen by selecting "Inventory Vouchers" from the Gateway of Tally screen and then selecting "Stock Item Vouchers."

Step 7: Select the "Create" Option

In the Stock Item Voucher screen, select the "Create" option to create a new stock item voucher.

Step 8: Enter the Voucher Details

In the Create Stock Item Voucher screen, you'll need to enter the details of the voucher, including the date, party name, and the name of the stock item.

Step 9: Enter the Quantity and Rate

Enter the quantity and rate of the stock item. Tally ERP 9 will automatically calculate the total value of the stock item based on the quantity and rate entered.

Step 10: Save the Voucher

Once you've entered all the necessary details, select "Accept" to save the voucher.

Conclusion

In conclusion, recording stock entries - 1 in Tally ERP 9 is a simple process that can be completed in just a few steps. By recording stock entries, you can keep track of your inventory and ensure that your financial reporting is accurate. It's important to enter accurate information when recording stock entries to avoid any errors in your financial reporting. By following the steps outlined above, you can record stock entries in Tally ERP 9 and manage your inventory more efficiently.