Stock Ledger

-- Organizing Hierarchical Structure Of Stock Ledger --
ie. preparation of Stock Groups, Items and Categories

CONTENT:

--> PROBLEM

--> INTRODUCTION

--> OBJECTIVE

--> PROCEDURE

--> OUTPUT

PROBLEM:

Organise the following Hierarachical structure of Stock ledger;

Stationary Goods

-->Pen

---->Reynolds

---->Cello

---->Add gell

---->Uni-Ball

-->Ink

---->Brill

---->Chel park

---->Camel

---->Irish

-->Books

---->Supply Co

---->Seven Star

---->Criss Cross Notes

---->Harmony Notes

-->Battery

---->Novino

---->Eveready

INTRODUCTION:

Stock Groups: Grouping enables easy identification and reporting of Stock Items in the stores. Stock Items are classified on the basis

of their common features like brand, type, size, quantity, quality

etc to from stock groups.

Stock Items: it is also known as Stock Ledger accounts. Like Ledger accounts, individual stock ledger accoun

t is created for each stock ite

m for its proper recording and control. It is the lowest level of imformation about t

he stock.

Stock Categories: If there are varieties of stocks in the Godowns, stock categories provide a horizontal

classification of these stock Items. The stock Categories

provides parallel allocation of Stock Items and better organise your information.

OBJECTIVE:

The aim of this study i

s to display the list of stock items, under hier

archy of Stock Ledger;

Stock Group
-->Stock Categories
---->Stock Items

PROCEDURE:

Step1: Create Company Ma.Stationaty Ltd

GWT---->Company Info (Alt+F3)----> Create

It should be created under Accts With Inventory

Step2: Activate F11: Features

Maintain Stock Categories----> Yes

Maintain Cost Centres-----> Yes

Step3: Stock Group Creation

GWT---> Inventory Info---> Stock Groups---> Create(Single)

Name: Stationary Goods

Under: Primary

Can Quantity of Items be Added: Yes

Step4: Stock Categories Creation

GWT---> Inventory Info---> Stock Categories---> Create (Single)

Pen, Ink, Books, Battery.

Step5: Stock Item Creation

GWT---> Inventory Info---> Stock Items---> Create (Single)

Name: Item name

Under: Stationary Goods (Stock Group)

Category: Stock Category Name

Units: No.

OUTPUT:

GWT--> Display--> List Of Accounts--> Ctrl+I--> List Of Stock Items