What is Stock Group and How to Create Stock Groups in Tally ?
STOCK GROUPS
As mentioned earlier, stocks
items can be clubbed together to form stock groups. We had taken the example of Gents
clothing. Normally thousands of Stock
items are traded in an Organization. It
may become unmanageable if the items are not properly grouped. You can arrange all Stock items into Stock
Groups based on common features (e.g., based on Brand, Quality, Specification,
etc.) You can nest Groups to any depth,
as such.
Gents Clothing
Pants
Shirts
Coats, etc.A
Women Clothing
Sarees
Dresses
Other accessories, etc.
Children Clothing
Toddler items
Children clothing
Toys, etc.
Grouping of stock items helps to
get Group specific report. In above
example, to get a Stock report of Sarees only, you can conveniently get it by
selecting Saree Group. In fact Stock
Group provides similar advantage as Account Groups provide for organization of
Accounts.
> From the Gateway of Tally select "Inventory Info" / Enter "I"
> From the Inventory Info select "Stock Groups" / Enter "G"
> From the Stock Groups select "Create" / Enter "C"
> Enter Group Name (Eg: Gents Clothing)
> Press "Ctrl+A" to save the Group
Note: You can see Inventory Info option in Gateway of Tally, If you have select Accounts with Inventory option when you create company. If you select Accounts only option, you can't View Inventory Info option in Gateway of Tally.
Note: You can see Inventory Info option in Gateway of Tally, If you have select Accounts with Inventory option when you create company. If you select Accounts only option, you can't View Inventory Info option in Gateway of Tally.
CREATE STOCK GROUPS IN TALLY
> From the Inventory Info select "Stock Groups" / Enter "G"
> From the Stock Groups select "Create" / Enter "C"
> Enter Group Name (Eg: Gents Clothing)
> Press "Ctrl+A" to save the Group
Note: You can see Inventory Info option in Gateway of Tally, If you have select Accounts with Inventory option when you create company. If you select Accounts only option, you can't View Inventory Info option in Gateway of Tally.
Note: You can see Inventory Info option in Gateway of Tally, If you have select Accounts with Inventory option when you create company. If you select Accounts only option, you can't View Inventory Info option in Gateway of Tally.
In the Same way create remaining stock groups.
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