Creating a Stock Group

Stock Items are classified into stock groups to reflect their classification based on some community.

To create a Stock Group,

Go to Gateway of Tally > Inventory Info. > Stock Groups > Create (under Single Stock Group)

A brief description on each of the fields in the Stock Group Creation screen follows:

Name

Enter the name of the Stock Group to be created. For example, Grade One.

Alias

Enter additional name apart from primary name [if required]. You can create any number of additional names.

Under

Specify whether it is a primary group or a sub-group of another group, by selecting from the list.

Press Alt+C to create a parent group, if you do not have it in the list.

Can quantities of items be added?

Enable this option to view the Quantity and Rate against the stock group name in Stock Summary, Group Summary, Category Summary and Godowns Summary reports.

The Stock Items categorised under the group should have similar units for them to be added up. You cannot add quantities in Kgs to quantities in Pcs.

Note: You can always go back and reset this option after assessing the units of the items in the group.

Buttons specific to stock group creation:

Note: Category and Godown buttons are visible only if you have opted for the same in F11: Features.