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How can I track inventory levels in Tally?

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became compter/excel expert/tally accounting expert within 30 days

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.,...
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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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IT Professional Trainer with 12 years of experience in IT Industry

You can track inventory levels in Tally by using the Stock Summary report: Press Alt+G (Go To) Type or select Stock Summary and press Enter Select Gateway of Tally Select Stock Summary The Stock Summary report displays an item-wise summary of your inventory, including a list of stock items...
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You can track inventory levels in Tally by using the Stock Summary report: 
 
  1. Press Alt+G (Go To)
  2. Type or select Stock Summary and press Enter
  3. Select Gateway of Tally
  4. Select Stock Summary
The Stock Summary report displays an item-wise summary of your inventory, including a list of stock items and their corresponding closing balance details. 
 
 
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Related Questions

Does any training or cerification is required to learn Tally Software?
No. There is no such requirement. You can directly apply for tally.
Bhavesh
Can tally be used in banks?
Yes,Tally provides various functions such as managing bank transactions, maintaining ledgers and account books, generating reports like balance sheets and income statements, among others.
Priyanka
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Who is the father of Tally software?
Shyam sundar goyenka and bharat goyenka.
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Why does balance sheet always tally?
Can you type your question again because I am not understanding what are you asking
Muskan
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How many months is the tally course?
Only tally software it takes 3-4 months
Orange
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