How to enter Opening stock in tally

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27 Points Posted on 08 May 2020
hello experts how to maintain opening stock in tally our company manufacturing in wooden box. wooden timber raw materials is used wooden box manufacturing purpose so now wooden timber raw materials stock in my hand 300 CFT.
puchase and sales in CFT units so please explain how to maintain stock.....
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On 08 May 2020 at 18:13 Report
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Quick Summary
This discussion explains how to enter opening stock for raw materials in Tally ERP 9, specifically for a wooden box manufacturing company. It details the steps to set up inventory and accounts integration, create stock items, define units of measure (like CFT), and input the initial opening balance for materials such as wooden timber. The advice also includes creating stock groups for raw materials and finished goods to better organise inventory.

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GST Practitioner & Accounts
15146 Points Posted on 08 May 2020

Opening  Stock  to be  maintain  in Tally ERP -9   as per  following  procedure 

Gateway  of  Tally  /   F 12  /   Maintain  accounts  only -  No  , and  yes  to Integrated  accounts  and Inventory  /  

Then  Again  to main menu  Gateway  of Tally  /  inventory  info /  Stock  item  /  create  /   in Stock  item  creation  down bellow  /  Create  Units /   Then  Opening  Balance  .  

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On 08 May 2020 at 20:21
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27 Points Posted on 08 May 2020
Thank you sir wooden timber is raw materials which under in tally..
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On 08 May 2020 at 20:28
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Finance/Compliance Consultant
69413 Points Posted on 10 May 2020

You have to create a Stock Group for Raw-Materials and for Finished Goods. You can keep all your raw-materials under Raw-Materials group at the time of creation of Stock Items.

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On 10 May 2020 at 12:19
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27 Points Posted on 10 May 2020
Thank you for your valuable reply sir
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On 10 May 2020 at 12:22

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