View Stock Position Based on Godown Type in TallyPrime: 2 Methods

Here’s how to view your stock position based on Godown Type in TallyPrime:

Method 1: Using Stock Summary Report

  1. Open the Gateway of Tally (Alt+F12).
  2. Navigate to Reports > Inventory Reports > Stock Summary.
  3. Set Filters (Optional):
    • You can use the “Period” filter to specify a date range for your stock position analysis.
    • Leave the “Stock Group” and “Stock Item” filters blank to view all items across all stock groups.
  4. View Godown Types:
    • Press Ctrl+G (Godown Types) on your keyboard. A list of all defined godown types in your TallyPrime will appear.
    • Select the desired godown type (e.g., “Main Warehouse,” “Retail Outlet”).

The report will now display the following information for the chosen godown type:

1. Opening Stock Value:

Total cost of all stock items present in the godown at the beginning of the period.

2. Purchases:

Total value of all purchases made for items stored in that godown during the period.

3. Sales:

Total revenue generated from sales of items stored in that godown during the period.

4. Closing Stock Value:

Total cost of all remaining stock items in the godown at the end of the period.

1. Example: Using Stock Summary Report

You want to view the stock position for your “Main Warehouse” godown for the current month.

  1. Follow steps 1-3 mentioned above.
  2. Press Ctrl+G and select “Main Warehouse” from the godown types list.
  3. The Stock Summary report will now show the opening, purchase, sales, and closing stock values specifically for items stored in your main warehouse.

Method 2: Using Godown/Location Summary Report

  1. Open the Gateway of Tally (Alt+F12).
  2. Navigate to Reports > Inventory Reports > Godown/Location Summary.
  3. Set Filters (Optional):
    • You can use the “Period” filter to specify a date range.
    • Leave other filters like “Stock Group” and “Stock Item” blank for a general overview.

The report will display a summarized view of your inventory across all godown types.

  1. View Godown Details:
    • Press Enter on the desired godown type (e.g., “Main Warehouse”) to see detailed information for that specific godown.
    • This detailed view provides a breakdown of stock quantities and values for each stock item stored in the selected godown.

2. Example: Using Godown/Location Summary Report

You want to see the detailed stock position for all items stored in your “Retail Outlet” godown.

  1. Follow steps 1-3 mentioned above.
  2. In the Godown/Location Summary report, locate the “Retail Outlet” godown type.
  3. Press Enter on “Retail Outlet.” The report will expand to show a list of all stock items stored there, along with their opening quantity, purchases, sales, and closing quantity for the selected period.

3. Benefits of Viewing Stock Position by Godown Type:

1. Improved Inventory Management:

Helps you track inventory levels in different storage locations, ensuring stock availability where needed.

2. Informed Replenishment Decisions:

Provides insights into stock movement within each godown, allowing you to prioritize restocking based on demand and location.

3. Enhanced Cost Control:

Enables you to identify potential inventory discrepancies or overstocking issues in specific godowns.

By effectively utilizing these methods, you gain valuable insights into your stock position across different godown types in TallyPrime, empowering you to make informed decisions for efficient inventory management and cost optimization.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *