The Stock Summary in Tally Prime provides a comprehensive view of inventory status, including stock quantity, value, and movement. This guide explains how to view and analyze the Stock Summary step by step with a real-world example.
The Stock Summary is a detailed report showing the status of all stock items. It includes opening balances, inward and outward quantities, closing balances, and their valuation.
Follow these steps to access the Stock Summary in Tally Prime:
Navigate to:
The Stock Summary screen will display a list of all stock groups and items with their quantities and values. The report is divided into columns such as:
Let’s assume a business deals in the following items as of December 1, 2024:
During the month, the following transactions occur:
The Stock Summary will reflect:
| Item | Opening Qty | Inwards | Outwards | Closing Qty | Closing Value |
|---|---|---|---|---|---|
| Laptops | 20 | 10 | 0 | 30 | $31,500 |
| Printers | 15 | 0 | 5 | 10 | $5,000 |
The Stock Summary can be customized to include or exclude specific details. Follow these steps:
While viewing the Stock Summary, press F12 to open the configuration options.
Customize options such as:
Press Enter to apply the changes.
To analyze the movement of specific stock items, follow these steps:
From the Stock Summary screen, select the item you want to analyze and press Enter.
The Movement Analysis report shows details of inward and outward transactions for the selected item.
To summarize:
The Stock Summary in Tally Prime is a powerful tool for inventory management. By using this feature, businesses can maintain accurate stock records, track inventory movement, and make informed decisions.