Stock Item Creation

Tally 104

Creation of Stock Item

↓

Gateway of tally (GOT)

↓

Press ‘I’ for Inventory Info.

↓

Press ‘I’ for Stock Item

↓

Press ‘C’ for Create

(In short GOT-IIC)

Creation of Stock Item -Example

(Already created company named M/s SMD Marketing Co.)

Problem

He purchased the following goods on credit from M\s Maharaj & Company, Ludhiana Punjab:

Items	Quantity (in Piece)	Rate Per Piece (Rs.)	Value	Input CGST	Input SGST	Total
Speaker	100	600	60000	6%	6%	67200

Solutions:

In the above problem stock item is “speaker” and GST rate is 12% (6+6). To create the same Press ‘I’ then ‘I’ then ‘C’ at GOT (Gateway of Tally). After filling required particulars the view is as under: