Stock Categories
The concept of Stock Categories is similar to that of Cost Categories. Refer the section on Cost Categories to understand the similarity/differences.
Note: This option becomes available in the Inventory Info. menu only if you Set Maintain Stock Categories to Yes in F11: Features.
Stock Categories offers a parallel classification of Stock Items. You can create Stock Categories like Floppy Disks and Floppy Drives.
Consider the example given in the Stock Groups. You would know how many 3.5" floppies of Sony and Maxell are in stock. To know the total stock of floppy disks or any alternative item that could be used, Stock Categories would be the best option to use. Create a Stock Category called Floppy Disks and classify both Sony 3.5" diskettes as well as Maxell 3.5" diskettes under the same. Since the items are substitutes of each other, if one is out of stock, you can offer the other of the same category.
Stock Query option available under Statements of Inventory (Gateway of Tally > Display) reveals the strength of Stock Categories.
Note: While configuring F12: Configure and setting F11: Features do not enable features that you do not need.
Go to Gateway of Tally > Inventory Info > Stock Categories
Note: This option is displayed in the Inventory Info. menu only if you set Maintain Cost Categories to Yes in F11: Features.
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