Question :

Which of the following is compulsory to create while entry in Accounts with Inventory


A) Stock Groups
B) Stock Items
C) Units of Measure
D) All of these

Answer : D

Description :


For inventory accounting in tally Stock Groups, Stock Items and Units of Measure must be created.


Related Questions - 1


To activate Job Costing which options require to be activated


A) Maintain Cost Centre
B) Use Cost Centre for Job Costing
C) Both A and B
D) None of these

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Related Questions - 2


Party account can be created through


A) Group creation window
B) Ledger creation window
C) Inventory creation window
D) Any one of them

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Related Questions - 3


BOM represents


A) Billing of Machines
B) Bill of Materials
C) Bill of Maintenance
D) None of these

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Related Questions - 4


Where do we record transactions of salary, rent or interest paid


A) Contra
B) Journal
C) Receipt
D) Payment

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Related Questions - 5


Where do we record purchase return, sales return, depreciation, bad debts etc.in Tally


A) Journal
B) Payment
C) Contra
D) Receipt

View Answer