Valuation of closing stock

There is a field in Material Master.

For Setting the Stock Valuation method.

1- Press F12, select "Accts/Inventory Info, set inventory side "Allow ADVANCED entries in masters" to yes.

2- You can alter or create stock item and set the Behaviour side "Costing method" as you wish.

For the getting of current picture in tally

1- Go Stock Summery. press Alt + C (new column) and set method of valuation as you wish