Stock Journal in Tally.ERP 9: An Overview of Inventory Management


In Tally ERP 9, a Stock Journal Voucher is used to record the following transactions:

Stock Journal


Stock Journal is a feature in Tally.ERP 9 that allows users to record inventory transactions such as inter-unit transfers, manufacturing journals, and physical stock adjustments. In simple terms, it is a type of voucher entry that enables the user to update inventory details.

Tally.ERP 9 is an enterprise resource planning software that is widely used in businesses to manage their financial transactions and inventory. It allows users to record and manage various types of vouchers such as sales, purchases, payments, and receipts, among others.

In the case of Stock Journal, it is used to record the movement of goods between different locations or units of a business. For example, if a company has multiple warehouses or branches, they can use Stock Journal to transfer inventory from one location to another. Similarly, if a company has a manufacturing unit, they can use Stock Journal to record the production of goods.

When a user creates a Stock Journal entry in Tally.ERP 9, they need to provide details such as the stock item, quantity, rate, and location. Tally.ERP 9 automatically updates the inventory and accounting records based on this information. This helps users to maintain accurate stock and financial records.

In summary, Stock Journal is a feature in Tally.ERP 9 that allows users to record inventory transactions and update inventory and accounting records. It is useful for businesses that have multiple locations or units and need to transfer inventory between them or record production of goods.

Example

The stock of Calculator 3 nos transferred to chennai branch

Stock Journal


To create a stock journal entry in Tally ERP 9 for the transfer of 3 calculators to the Chennai branch, you can follow these steps:

  • Go to the Gateway of Tally and select the option for "Inventory Vouchers".
  • Select the type of voucher as "Stock Journal" from the list of voucher types.
  • In the "Stock Journal" voucher screen, select the source location where the stock is being transferred from and the destination location where the stock is being transferred to.
  • Enter the voucher date as per the date of the transfer.
  • In the "Particulars" field, select the stock item for the Calculator and enter the quantity as "3" to indicate that 3 calculators are being transferred out of the source location.
  • In the "Name of Item" field, select the stock item for the Calculator.
  • Verify the details entered and save the voucher by pressing "Ctrl+A".

Once the entry is saved, it will be reflected in the stock summary and stock transfer registers. The quantity of the stock item will be reduced from the source location and added to the destination location.

Tally ERP 9