Creating Stock item:
We can also create stock items in advance mode, where there are number of options available for various business needs. Here we are discussing the basics of advance stock item creation; each and every item will be discussed in separate posts later.
How to activate advance mode stock item creation?
Go to stock item creation screen
Gateway of tally>>Inventory Info>>Stock Items>>Create
In the item creation screen Press F12 Function key from key board or Click on configuration buttons on the right bottom of the screen, a stock item configuration screen will appear. Inside the configuration screen there are several options available, Set Yes or No as per your company requirements.
By enabling “Allow ADVANCED entries in masters” will bring some more advanced feature like costing method, market valuation method and many more options in to stock item creation screen.
Now again from stock item creation screen Press F11, You will get a screen, where inventory features are available, in this screen you can see some settings like stock items related features, you can make it available by setting Yes or No.
By enabling these options, Stock creation screen will look like below, Each and every options is required a detailed explanation, that will be following this lesson. Hence I am concluding this post with the screenshot of stock item creation in advanced mode.