Tally
Stock Item
Definition
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4 Related Terms
What is Stock Item?
Stock Item in Tally represents individual products or inventory items that a business buys, sells, or manufactures. Stock item master contains details like item name, unit of measurement, opening stock, rates, GST classification, and godown allocation. Creating proper stock items enables accurate inventory tracking, valuation, and reporting. Tally supports advanced features like batch tracking, multiple price levels, alternate units, and reorder levels for stock items.
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