Wednesday, December 19, 2012

What is a Stock Category?

What is a Stock Category?

Stock Categories offers an alternative classification of Stock Items.
Go to Gateway of Tally > Inventory Info > Stock Categories

  

As shown in the above screenshot, you can Create, Display and Alter Stock Categories here. Stock Categories can either be created in single as well as multiple group mode.
Go to Gateway of Tally > Inventory Info > Stock Category > Create (Under Single Stock Category)
The Stock Category Creation screen appears as shown.

  

A brief description on each of the fields in the Stock Category Creation screen is as follows.
Name
Enter the name of the Stock Category.
Under
Specify whether it is a primary category or a sub-category of another category. Select Primary from the list, if you do not have a parent group. Use ALT + C to create a parent if you do not have the required category in the list.
Go to Gateway of Tally > Inventory Info > Stock Category > Create (Under Multiple Stock Categories)
The Multiple Stock Categories creation screen appears as shown.

  

A brief description on each of the fields in the Multi Stock Category Creation screen is as follows.
Under Category
Select the parent category under which you want the new categories to be created. If you select any category other than All Items, all the new categories being created will be created under the selected category. The column Under is filled in automatically with the selected category and the cursor skips this column. Selecting All Items gives you the flexibility of specifying the parent of each new category created.
Sl. No
The serial number of the stock category is auto generated.
Name of the category
Specify the name of the Stock Category.
Under
If you have selected All Items in Under Category, you must specify a parent category in this column.