Tally prime inventory master

Inventory masters

To manage or maintail stock in a business or firm, inventory masters is used.

There are number of tools.

  1. Stock group
  2. Stock category
  3. Stock item
  4. Unit
  5. Location

Units

Any item is purchase or sale on the basic of unit, it is used to measurement for an item.
 
In tally there are two types of units.
  1. Simple units
  2. Compound units
 

Simple units

Some most used simple units are

  1. FT(Feet)
  2. TON (Tonnes)
  3. SQF(Square Feet)
  4. TBS(Tablets)
  5. SET(Sets)
  6. PRS(Pairs)
  7. KGS(Kilograms)
  8. GMS(Gram)
  9. MTR(Meter)
  10. PAC(Packs)
  11. NOS(Numbers)
  12. LTR(Litre)
  13. DOZ(Dozens)
  14. CAN(Cans)
  15. CMS(Centimeters)
  16. BAG(Bags)
  17. BOX(Box)
  18. BTL(Bottles)
 

How to create new unit?

  1. Choose Type(Simple)
  2. Symbol(KGS)
  3. Formal name(Kilograms)
  4. Number of decimal places(3) - We can add value in decimal by selecting number of decimal places.

Compound unit

It is combination of two simple unit.
 

For example 1KG = 1000GMS

  • First unit (Kg)
  • Conversion 1000
  • Second unit gms

Stock group

This will record name of brand or company for an item.
 
Some popular brand or companies name
  1. LG
  2. ACER
  3. SONY
  4. APPLE
  5. OPPO
  6. MI
  7. TATA
  8. PATANJALI
  9. NESTLE
  10. SKYBAGS
  11. SUPREME
  12. NOKIA
  13. SAMSUNG
  14. BATA
  15. ANCHOR etc.
 
After creating unit and stock group, now we can create new stock item.
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