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Asked by Princee Last Modified
Answer
To track inventory levels in Tally:
1. Create inventory items: Go to "Gateway of Tally" > "Inventory Info" > "Stock Items" and create a list of your inventory items.
2. Record purchase and sales entries: When you make purchases or sales, record them using the respective voucher entries (e.g., "Purchase Voucher" or "Sales Voucher"). Specify the inventory items and quantities involved.
3. Check inventory reports: Go to "Gateway of Tally" > "Display" > "Statement of Inventory" to view inventory reports like "Stock Summary," "Stock Item Vouchers," and "Stock Category Summary."
4. Set reorder levels: You can set reorder levels for items to receive alerts when inventory levels are low.
Tally will automatically update your inventory levels as you make transactions and provide insights into stock status through these reports.
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