Creating Stock Groups (Uttar Pradesh)

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 a 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.

4.    Set the option Can Quantities of items be ADDED? to Yes.

5.    Enable the option Set/alter VAT details? to display the VAT Details screen and provide the relevant details.

The Stock Group Creation screen appears as shown below:

6.    Press Enter to save.