Inventory
Create New Company
F3 : (Company) > Create Company
Accounting :
Maintain Account :Yes
Enable bil wise entry : Yes
Inventory
Maintain Inventory : Yes
Integrate Accounts with Inventory : Yes
Taxation :
Enable GST : No
Create Stock Group
Gateway of Tally >Masters > Create >Inventory Masters> Stock Group
Stock Group Under
System Primary
Parts Primary
Mother Board Parts
CD Rom Parts
Eight Speed CD Rom
Ten Speed CD Rom
Software Primary
Ace Software
King Software
Queen Software
Create Godown / Location
Gateway of Tally >Masters > Create >Inventory Masters>Godown
Main Location exists by default. Create following new Godown
Godown Under
Onside Primary
Ware House Primary
Create Unit
Gateway of Tally >Masters > Create >Inventory Masters>Unit
Type: Simple
Symbol Formal Name
Nos Number of System
CREATE STOCK ITEM
Gateway of Tally >Masters > Create >Inventory Masters>Stock item
F12 : Configure > Show More Configuration : Yes
Inventory details :
Provide Standard Buying and Selling Rates : (Yes)
During creation of following items use
Units: Nos
Set Standard Rates (Yes) : Provide Rate of respective item from below table.
Opening Balance : Quantity of item
Godown : Onside and Warehouse, as mentioned below (Do't fill rate here)
Go To (Alt+G) : Stock Query : To check individual items
Go To (Alt+G) : Stock Summary >F5 (stock Item wise)
Item Name Under Standard Selling Quantit Onside Ware Amount
Cost Rate Price y
Rate
P086 MX System 750 940 8 7 1 6000
P092 MX System 900 1130 15 2 13 13500
P110 MX System 1030 1290 12 2 10 12360
MBP 133 Parts 240 320 2 2 0 480
MBP 150 Parts 285 380 6 6 0 1710
MBP 166 Parts 335 450 10 10 0 3350
Gold 8 Eight Speed 45 60 2 2 0 90
Silver 8 Eight Speed 55 70 4 4 0 220
Brown 8 Eight Speed 60 80 4 4 0 240
Gold 10 Ten Speed 75 100 25 25 0 1875
Silver 10 Ten Speed 95 130 20 20 0 1900
Data Base A Ace 175 250 10 10 0 1750
Speed Short A Ace 155 220 15 15 0 2325
Data Base K King 100 150 7 7 0 700
Speed Short K King 140 200 8 8 0 1120
Data Base Q Queen 210 306 10 10 0 2100
Speed Short Q Queen 70 100 4 4 0 280
Bill Wise Entry and Details
Create New Company
F3 : (Company) > Create Company
Accounting :
Maintain Account :Yes
Enable bill wise entry : Yes
Inventory
Maintain Inventory : Yes
Integrate Accounts with Inventory : Yes
Taxation :
Enable GST : No
Sundry Creditors : For Purchase Party, Sundry Debtors : For Sales Party
Create Ledger
Gateway of Tally > Create> Ledger
Ledger Under
Computer World Sundry Creditors Maintain balances bill – by bill (Yes)
Purchase Purchase Accounts
Ledger Under
Harish Rawat Sundry Debtors Maintain balances bill – by bill (Yes)
Sales Sales Accounts
Gateway of Tally > Vouchers
F9 Purchase
Ctrl + H Mode Change 1. Voucher Mode / 2. Invoice Mode
1. Voucher Mode
Particulars Debit Credit
Cr Computer World 10000
Dr Purchase 10000
Type of Ref: New Ref
Name: 1Amount: 10000 Cr
Narration
Being goods purchased on credit to Computer World
Display > Statements of Accounts > Outstanding > Payables
Gateway of Tally > Vouchers >F5 Payment
Particulars Debit Credit
Dr Computer World 10000
Cr Cash 10000
Type of Ref: Agst Ref
Name: 1
Amount: 10000 Dr
Narration
Being Paid cash to Computer World
Display > Statements of Accounts > Outstanding > Payables (Null)
F8 Sales
Particulars Debit Credit
DrHarish Rawat 14000
Cr Sales 14000
Type of Ref: New Ref
Name: 1
Amount: 14000 Dr
Narration
Being good sold on credit to Harish Rawat
Display > Statements of Accounts > Outstanding > Receivable
F6 Receipt
Particulars Debit Credit
CrHarish Rawat 14000
Dr Cash 14000
Type of Ref: Agst Ref
Name : 1
Amount: 14000 Cr
Narration
Being received cash to Harish Rawat
Display > Statements of Accounts > Outstanding > Receivable - NIL
Create Stock Group
Gateway of Tally > Create> Inventory Masters > Stock Groups
Stock Group Under
Computer Primary
Create Stock Item
Gateway of Tally > Create> Inventory Masters > Stock
Item Name Under Units
Mouse Computer Pcs
Keyboard Computer Pcs
Create Ledger
Gateway of Tally > Accounts Info > Ledgers > Create
Ledger Under
Raja Traders Sundry Creditors Maintain balances bill – by bill (Yes)
Purchase Purchase Accounts Inventory values are affected (Yes)
Ledger Under
Sona Enterprise Sundry Debtors Maintain balances bill – by bill (Yes)
Sales Sales Accounts Inventory values are affected (Yes)
2. Invoice Mode
F9 Purchase> Ctrl +H > Invoice Mode
Purchase No 1. 1-Apr-2021
Supplier invoice 001 Date: 1-Apr-2021 Thursday
Party A/c Name: Raja Traders
Purchase Ledger: Purchase
Name of Item Quantity Rate Per Amount
Mouse 14 Pcs 150.00 Pcs 2100.00
Keyboard 72 Pcs 165.00 Pcs 11880.00
86 Pcs 13980.00
Type of Ref: New Ref
Name: 1Amount: 13980 Cr
Narration
Being goods purchased on credit to Raja Traders
Display > Statements of Accounts > Outstanding > Payables
F5 Payment
Particulars Debit Credit
DrRaja Traders 13980
Cr Cash 13980
Type of Ref: Agst Ref
Name: 1Amount: 13980 Dr
Narration
Being paid cash to Raja Traders
Display > Statements of Accounts > Outstanding >Payables NIL
F8 Sales
Sales No 1. 1-Apr-2021
Supplier invoice 001 Date: 1-Apr-2021 Thursday
Party A/c Name: Sona Enterprise
Sales Ledger: Sales
Name of Item Quantity Rate Per Amount
Mouse 5 Pcs 160.00 Pcs 800.00
Keyboard 10 Pcs 180.00 Pcs 1800.00
15 Pcs 2600.00
Type of Ref: New Ref
Name: 1
Amount: 2600 Dr
Narration
Being goods sold on credit to Sona Enterprise
Display > Statements of Accounts > Outstanding > Receivable - NIL
F6 Receipt
Particulars Debit Credit
CrSona Enterprise 2600
Dr Cash 2600
Type of Ref: Agst Ref
Name: 1Amount: 2600 Cr
Narration :Being received cash to Sona Enterprise
Display > Statements of Accounts > Outstanding > Receivable – NIL
BILL BOOK
Create New Company
F3 : (Company) > Create Company
Accounting :
Maintain Account :Yes
Enable bill wise entry : Yes
Inventory
Maintain Inventory : Yes
Integrate Accounts with Inventory : Yes
Taxation :
Enable GST : No
Started business with cash Rs 4000000
(Receipt F6)
Create Capital Ledger under Capital Account
Cr Capital and Dr Cash
Create Stock Group
GROUP UNDER
CLOTHES PRIMARY
COMPUTERS PRIMARY
SOFTWARE COMPUTERS
CONFECTIONERY PRIMARY
ELECTRONICS PRIMARY
FOOTWARE PRIMARY
FRUITS PRIMARY
MOBILES PRIMARY
PROVISION PRIMARY
STATIONERY PRIMARY
TOOLS PRIMARY
VEGETABLES PRIMARY
Create Units : Simple and Compound
Simple : PCS, CD, Box, Pkt, Ltr, ml, Kgs, Gms,
Compound : kgs of 1000 gms, Ltr of 1000 ml
Purchase and Sales Bill Book : Annex - 1
Stock Journal
This is useful to transfer the goods from one godown to another
godown.
CREATE GODOWN / LOCATION
Godown Name Under
Delhi Clothes Godown Primary
Lucknow Computers Godown Primary
Meerut Confectionery Godown Primary
Agra Electronics Godown Primary
Goa Footwear Godown Primary
Ajmer Fruits Godown Primary
Mumbai Mobiles Godown Primary
Muzaffarnagar Provision Godown Primary
Kumargarh Stationery Godown Primary
Kanpur Tools Godown Primary
Himachal Vegetables Godown Primary
Inventory Vouchers
Gateway of Tally> Voucher > F10 (other Vouchers) Alt+F7 (Stock Journal)
Stock Journal No 1
TRANSFER OF MATERIALS
Source (Consumption) Destination (Production)
Name of Item Godown Quantity Rate Amount Name of Item Godown Quantity Rate Amount
Main Delhi Clothes
Hoodie Location 7 Pcs 950 6650 Hoodie Godown 7 Pcs 950 6650
Main Delhi Clothes
Jacket Location 6 Pcs 850 5100 Jacket Godown 6 Pcs 850 5100
Main Delhi Clothes
Jeans Location 23 Pcs 650 14950 Jeans Godown 23 Pcs 650 14950
Main Delhi Clothes
Scarf Location Scarf Godown
Main Delhi Clothes
Sleeveless Shirt Location 5 Pcs 450 2250 Sleeveless Shirt Godown 5 Pcs 450 2250
Main Delhi Clothes
Sport Shirt Location 20 Pcs 600 12000 Sport Shirt Godown 20 Pcs 600 12000
Main Delhi Clothes
Track Suits Location 3 Pcs 1400 4200 Track Suits Godown 3 Pcs 1400 4200
Main Delhi Clothes
T-Shirt Location T-Shirt Godown
64 Pcs 45150 64 Pcs 45150
