FAQ - Creating Masters

This page provides the FAQ related to the creation of masters.

1. What is primary stock group?

2. Can we alter or delete the primary stock group?

3. How do I enable the alias option while creating a stock group?

4. What will happen if stock groups are created, and existing stock items are added under them?

5. Can I create another Primary stock category in Tally.ERP 9?

6. Is it mandatory to assign Tracking No. for Receipt Note when tracking number is enabled?

7. Can I alter the Number of decimal places in units of measurement even after recording transactions for the stock items?

8. How do I generate a stock report with alternate units?

9. How to increase the stock value of an item in the Stock Summary ?

10. When can I create user defined cheque format for printing?

1.

What is primary stock group?

Primary stock group is a default group in Tally.ERP 9. Stock items can either be categorized under Primary or a separate stock group can be created as a primary group, as required.

2.

Can we alter or delete the primary stock group?

Primary stock group is a default group in Tally, and they cannot be deleted or altered. However, stock groups created under the Primary stock group can be altered or deleted.

3.

How do I enable the alias option while creating a stock group?

To enable alias option while creating the stock group:

Go to Gateway of Tally > Inventory Group > Stock Groups > Create to view the Stock Group Creation screen.

Press F12: Configure .

Set the option Allow aliases along with names? to Yes .

Press Ctrl+A to accept.

4.

What will happen if stock groups are created, and existing stock items are added under them?

There will be no impact on the stock items if the stock group has been enabled. To alter and replace stock items created under a new stock group, refer the section on altering a stock item .

5.

Can I create another Primary stock category in Tally.ERP 9?

No, you can have only one Primary stock category in Tally.ERP 9. Primary stock category is a default stock category.

6.

Is it mandatory to assign Tracking No. for Receipt Note when tracking number is enabled?

No, it is not mandatory to assign Tracking No. for receipt note or purchase transaction. You can mark the Tracking No. as Not Applicable and complete the transaction. Click here for more details.

7.

Can I alter the Number of decimal places in units of measurement even after recording transactions for the stock items?

Yes, the Number of decimal places in units of measurement can be increased even after transactions are recorded. However, it cannot be reduced once altered.

8.

How do I generate a stock report with alternate units?

To view Stock Summary report with alternate unit

Go to Gateway of Tally > Stock Summary .

Click F12: Configure .

Set the option Show using Alternate Units? to Yes .

Press Ctrl + A to accept. The Stock Summary report appears along with the alternate unit as shown below:

The print preview of the Stock Summary report with the alternate unit of measurement appears as shown below:

9.

How to increase the stock value of an item in the Stock Summary?

The stock value of an item cannot be increased from the Stock Summary . Refer to Expenses or Income Ledger for including additional expenses.

10.

When can I create user defined cheque format for printing?

The configurations can be entered manually when:

More than one format is specified by the bank out of which two are provided in Tally.ERP 9 but the third format is required for printing the cheque.

A message regarding the unavailability of cheque format for the selected bank is displayed such as one shown below:

System is not connected to the internet.