Stock Groups

Stock Groups in Inventory are similar to Groups in Accounting Masters. They are helpful in the classification of Stock Items. Classification is based on some common behaviour. Stock Groups enable easy identification and reporting of Stock Items in statements.

You can group Stock Items under different Stock Groups to reflect their classification based on some common functionality. Grouping enables you to locate Stock Items easily and report their details in statements.

You can group the items of a particular brand to extract stock of all items of that brand.

Consider that the Stock Items in your inventory are Sony 3.5" disks, Maxell 3.5" disks, Sony tapes, Maxell tapes, and so on. Create Stock Groups, Sony and Maxell, and classify Sony products under the group Sony and Maxell products under Maxell. You now have ready details of all Sony and Maxell products, duly classified.

Create sub-groups under Stock Groups for deeper analysis.

Go to Gateway of Tally > Inventory Info. > Stock Groups

More:

Creating a Stock Group

Creating Multiple Stock Groups

Displaying or Altering a Stock Groups