Tally 9- tally with accounts only

Prateek Tayal (Proprietor) (25 Points)

05 November 2014  

Dear Sir/Ma'am,

I'm using Tally 9 (Acoounts Only). I own a small business.
I decided to maintain my accounts without inventory details.

So, I created a company (Accounts Only) and made some ledgers (like purchases, sales etc). Also a ledger named "Stock" under the group "Stock-in-hand".

When i tried to enter values in a purchase voucher (picture attached), i was not able to select "Stock" from the list of ledgers. There was only one option "Purchases Central" which i created under the group "Purchases" (and i want stock to come instead of purchases central).

Also when i checked my P/L A/c, there were purchases under trading account but instead of closing stock it was Gross Loss. This is what troubling my mind. I dont maintain any stock. But there is always a closing stock in the end which i assess manually.

So is it like i have to maintain accounts with inventory? Or is there any other configuration which i should change to get the desired results?

Thanks in advance.