Creating Stock Items with Alternate Units

Creating an alternate unit of measurement will enable you to handle different units of measurement at different times for a stock item. Using alternate units you can:

1        Pass a voucher entry.

2        Display and print stock summary report in both basic and alternate units.

Note: Alternate units are different from compound units. Alternate units are individual units that are similar to simple units. They can be used instead of another simple unit.

Ensure that you have enabled alternate units in F12: Configure.

To create a stock item with alternate unit of measurement

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

2.    Enter Name, select the group and Units of measurement (basic units of measurement.

3.    Select the alternate units of measurement for the item in the field Alternate Units.

4.     Enter the conversation rate for the alternate unit and basic unit in the field where.

5.     Enter the Statutory Information, as required.

6.    Enter the Opening Balance, as required. The completed Stock Item Creation screen appears as shown below:

7.    Press Enter to save.

Note: Create atleast two simple units to define the alternate unit for a stock item.