Tally accounting software closing stock quanitity is zero though value is displayed

A/c entries 4550 views 12 replies

tally accounting software closing stock quanitity is zero though value is displayed.  How to fix this issue?

Regards

S.Mukherjee

Kolkata 

Replies (12)
go to stock summary
press F12
and there select "YES" for show Quantity

Thanx for the reply.

Our actual physical closing stock is NIL i.e. correct.

But I dont understand from where the value is coming?

below is the clarification : -

  Inwards Outwards Closing Balance
  Quantity Value Quantity Value Quantity Value
Opening Balance            
April            
May 3000.00 kgs 319950.00 1000.00 kgs 137000.00 2000.00 kgs 213300.00
June     1500.00 kgs 196000.00 500.00 kgs 53325.00
July 6000.00 kgs 674568.00 2000.00 kgs 270000.00 4500.00 kgs 505926.00
August     1500.00 kgs 202500.00 3000.00 kgs 337284.00
September     2000.00 kgs 286000.00 1000.00 kgs 123984.00
October     1000.00 kgs 143000.00   17334.00

 

Where our closing stock is showing ZERO in physical qty is correct.

And its zero quantity stock value should be zero instead of 17334.00 in the above example.

what about opening stock.
is opening stock is different from closing stock?

Our opening stock for this year 18-19 is NIL

up to August is ok.
check sep and Oct transactions
as per your data closing stock for Sept 1,12,428/-
but you have mentioned 1,23,984/-
it's over valued by 11,576.
where physical stock is zero. The value must be directly zero

 

The issue was in stock out "from Godown".

At the time of recording the sales if we dont consider the right godown allocation i.e OUT FROM PATNA godown instead of OUT FROM DELHI godown then our closing stock quantity will be ZERO. But the closing stock valuation will be completely an MISTAKE HAVING POSITIVE VALUE IN INR OR OTHER CURRENCY IN TALLY!!

"SOLVED"

 

yes

Hai sir ,

How to find closing stock in construction building is there any formula ..? and in 10 flats 6 flats are sold remaing 4 flats are pending then how can we calculate closing stock .

Sir ,

if we taken land for development ... in that apartment 50 %  of flats hand over to land lord and remaing 50 % flats are in hand of builder . total construction expenses can we show in audit ...? or not and can we consider of  land lord sold flats as sale or not ...? pl clarify that ....

this was useful. Worked for me too


CCI Pro

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