Stock Group (Madhya Pradesh)

Create stock groups for classifying items based on common features. You can also apply a common tax rate for all items in a stock group.

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 in the Under field .

4. Enable the option Set/alter VAT details? to view the VAT Details screen.

5. Enter the relevant details in the VAT Details screen.

The Stock Group Creation screen appears as shown below:

6. Press Enter to save.