How to Create Simple and Compound Unit in Tally
Unit of Measurement in Tally ERP 9
Stock item is mainly purchased and sold on the basis of quality. The quality is measured by units. In such a case it is necessary to create the unit of measurement .Unit of measure can be the simple unit such as nos,meters,kilogram,pieces compound units eg. box of 10 pieces .Create the unit of measure before creating the stock items.
to create the unit of measure :
Go to gateway of Tally > Inventory info > unit of measurement > create
In the type field select simple
2 In the field of symbols type nos
3 In the format name type Number.
4 In the field of number of decimal places : 0
Type Tally has the options to create simple units as well as compound units.
An example of simple units nos ,pcs etc Compound units of two simple units example A compound box of 10 pcs a combination of two simple units pcs and box.
This is the symbol by which we will identify the stock unit.For example, pcs to indicate -pieces.
Formal Name :
This is the complete or formal name of the symbol specifying the formal name is useful if you wish consolidate data of different companies where the symbol might be the same but are assigned different units.In such case, the formal name will be used to match them consolidating data of different companies .
Number of decimal Places
If the unit will be used fractions say for kilogram you may have grams as well give the number of decimal places.For 1 kilograms 865 grams will be 1.865 gram for units like this you do not normally want a decimal place and you can specify 0 in such case you can specify 0 to 4 decimal places.
To create a compound unit, Tally . Suppose we have the business of purchasing wheat which we purchase in tons and sold it to our customers in quantiles and kgs .
Now some points to be in a notice that 1 tons contain 10 quintals .1 quantal contain 100 kgs.
Now go to stock items and Create press F12 SET use alternate unit in stock item YES
Name : Wheat
Under : Primary
Units : kgs
Alternate units : select quantal Now SET where 1 quantal = 100 kgs
enter the details as following in the pictures given below :
now here if you purchased amount in quantal the you have to type 1 quantal in quantity it automatically converts it not kgs and show in quantal below
Similarly another example
|Stock Items||Units||Unit 2||Purchase Price|
|Milk||Liters||Milliliters||60 Rs liter|
In the above example, milk is purchased in liters and sold in milliliters to its customers
here we have to create two stock units
Go to gateway of tally and then inventory vouchers > Unit of measurement >create stock unit >
Similarly, create another unit
Create stock item Milk
Now we take another example of
Purchase 100 tons of wheat from Abhinav trader . for Rs 10,000 per ton. and sold 50 kg sugar for rs 120 per kg.
how to make the unit of measurement in following case
under such condition
Go to gateway of tally > inventory feature > unit measurement > create unit > tons