MAINTENANCE OF STOCK

This query is : Resolved

HIMANSHU TIWARI (Querist)
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12 September 2007 MY COMPANY NEW MNC IN INDIA NOW STARTED BUSINESS IN INDIA DELHI WHEN I AM DOING SOCK ACCOUNTING AND FEED STOCK ON COMENCEMENT DATE OF COM.BUSI 09-09-07 .THEN IN TALLY IT REVERT AND SHOW THIS STOCK FROM 01-04-07 .SO COULD IT POSSIBLE TO SHOW OPENING STOCK RIGHT FROM 09-09-07.
AS I HAVE ALLREADY CHAGE COMPANY FIN.YER. AND BOOK COMMENCE FROM DATE(09-09-07)BUT STILL NO RESULT,FROM F2 IS ALSO EFFECTIVE
PLS ANS

Ravikumar.G

Ravikumar.G (Expert)
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10 October 2007 You please give option accounts with inventory it will automatically ask each and every purhcase transaction. You also create stock masters and stock ledger and same opening balances also we can give. For the only draw back is the closing rate FIFO will not come automatically for which you have to pass necessary stock journal. Otherwise it will consider average rate.