Valuation of stock

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 June 2013 i purchased some items on dec'12 for 12000/-
and my closing stock on 31.03.13 shows the value of the item 12000/- after that some direct expense of 1000/-incurred on this item
i want to show my closing stock as on 30.04.13 as 13000/-is it possible in tally, if so how will pass the entry

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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29 June 2013 Why you want to add to direct cost to closing stock. is it processing material?

Aashok Kumar Sharma online

Aashok Kumar Sharma online

(Expert)
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02 August 2025 Yes, you can show your closing stock on 30.04.13 as ₹13,000 in Tally by adding the direct expense of ₹1,000 to the stock value.

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### How to do this in Tally:

**1. Adjust Stock Value:**

* Since direct expenses (like freight, handling, or direct costs) can be added to the cost of stock, you need to **increase the stock value by ₹1,000**.

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### Journal Entry to increase stock value:

```
Direct Expenses (Expense Ledger) Dr. ₹1,000
To Stock-in-Hand (Stock Ledger) ₹1,000
```

* This entry adds the ₹1,000 expense to your stock value.

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### Explanation:

* Your original stock was ₹12,000 (cost of goods).
* Direct expense ₹1,000 related to stock increases its value.
* After this entry, stock value becomes ₹13,000 in Tally.

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### Important:

* Make sure the direct expense is truly related to stock (like freight, packing, etc.).
* Avoid booking indirect or period expenses against stock.

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If you want, I can guide you step-by-step in Tally interface!

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