How to enable Inventory and create Stock Item in Tally ERP 9?
In order to perform Inventory related Accounts in Tally.ERP 9 Accounting Software, we have to enable Accounts with Inventory in the Company Creation screen. Just select Accounts with Inventory for the Maintain option in the screen. For an existing company you can change it.
1. In Gateway of Tally, click on Company Info. button.
2. Select Alter.
3. Choose a Company from the List of Companies.
4. Choose Accounts with Inventory for Maintain field.
5. Save the screen.
Now the company is enabled for recording Inventory Accounts after we can create a Stock Item and let us do it.
1. Get back to Gateway of Tally.
2. Inventory info
After that you can create Stock Item by for a Company. And after that we will be able to create Stock Item with the help of Stock Item Creation screen for Single Stock Item creation along the Opening Balance, Rate of the Commodity and Closing Stock Value.
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