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Creating Stock Groups (Telangana)

You can create stock groups and set if the VAT is applicable for the stock groups. You can also set the MRP in the stock group master along with state-wise rates for the groups.

To create stock group

1.    Go to Gateway of Tally > Inventory Info. > Stock Groups > Create.

2.    Enter the Name of the stock group.

3.    Select the required group from Under field.

4.    Enable the option Set/alter VAT details to display the VAT Details screen and provide the relevant details. The VAT Details screen appears as shown below:

5.    Press Enter to save.

The Stock Group Creation screen appears as shown below:

6.    Press Enter to save.

See Also

Defining Nature of Goods and Providing Commodity Details