Release 3 of Tally.erp 9 now offers Stock Cost tracking for each expenses for individual stock item. Learn here step by step to enable stock cost tracking. Stock cost tracking is an useful management tool to determine the profitability of every item which help in better inventory management.
Generally, people get confused how to record inventory vouchers if an item consist two units and the alternate unit (ration between the default unit and alternate unit) changes frequently. Here is a very simple tip to mange such alternate item inventory recording in tally.
Tally.erp 9 offers tracking of additional cost like freight charges, transportation etc to determine true cost of goods purchased. Learn here how to set additional cost tracking in Tally.erp 9. We will write in future about passing a purchase voucher entry to track such additional cost of purchase.
Do you know, you can pass a physical voucher in tally to reconcile it with your actual stock in hand upon physical verification of stock and the stock showing as per your tally books of account.Learn here how to create physical stock voucher and view the register for the same
Inventory management is a must for any trading or manufacturing company.Tally.erp 9 provides an easy inventory management. Learn how to pass journal entries regarding cosumption of raw materials and production of finished goods.