Closing stock value in tally erp
This query is : Resolved
03 November 2018
Hi Frens,
on 31st we counted physical stock warehouse, so on 1st i need to update these closing stock value in Tally, so whether i should take cost price including tax or exculding tax? Example:- Mango Syrup, base price is 10, GST is 2, so total Rs.12. so how should update in tally? Rs.10 or Rs.12?
on 31st we counted physical stock warehouse, so on 1st i need to update these closing stock value in Tally, so whether i should take cost price including tax or exculding tax? Example:- Mango Syrup, base price is 10, GST is 2, so total Rs.12. so how should update in tally? Rs.10 or Rs.12?
Rajnish Singh
(Expert)
09 November 2018
shiva if you are maintaining your stock in tally than you see the stock will valued at cost only. and it has to valued on cost ,if you working manually also.
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