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Course Module 03

Inventory Management in TallyPrime – Complete Guide

Intermediate Level 2-3 Weeks Duration Hindi / English

Course Overview

Inventory Management in TallyPrime helps businesses track stock, control inventory costs, and manage purchases and sales efficiently. This module allows you to maintain real-time stock records, item-wise details, warehouse control, and valuation reports with complete accuracy.

Whether you are a student, accountant, or business owner, learning inventory management in TallyPrime is essential for smooth business operations.

Why Learn Inventory?
  • Avoids over-stocking and shortages
  • Accurate purchase & sales planning
  • Provides real-time stock position
  • Essential for trading & manufacturing
Key Benefits
  • Improves profit margins
  • Job-ready inventory skills
  • Reduced losses & wastage
  • Better control over business assets

Module Syllabus

01
Enable Inventory Features
  • Enable Inventory in Features (F11)
  • Integrate Accounts with Inventory
  • Set units of measurement
  • Activate multiple godowns & batches
02
Stock Groups & Categories
  • Create stock groups for organization
  • Create stock categories for analysis
  • Classify items for easy reporting
03
Units of Measurement
  • Simple units (Nos, Kg, Pcs)
  • Compound units (Box of 10, Dozen)
  • Unit conversion & alternate units
04
Stock Item Creation
  • Create stock items & assign groups
  • Set GST details & HSN codes
  • Define standard rates for buying/selling
05
Godowns & Warehouses
  • Create multiple godowns / warehouses
  • Transfer stock between godowns
  • Track location-wise stock reports
06
Inventory Vouchers
  • Purchase & Sales vouchers with stock
  • Stock Journal (transfer & production)
  • Physical Stock & Delivery Notes
07
Stock Valuation Methods
  • FIFO (First In First Out)
  • LIFO (Last In First Out)
  • Average Cost & Standard Cost
08
Reports & Analysis
  • Stock Summary & Item Reports
  • Godown Summary & Movement Analysis
  • Ageing Analysis & Re-order Levels

Job Roles & Salary Scope

Store Keeper ₹15k - ₹22k
Inventory Manager ₹25k - ₹40k
Billing Executive ₹18k - ₹30k

Who Should Enroll?

  • Accounting & Commerce Students
  • Job Seekers in Billing
  • Traders & Wholesalers
  • Manufacturers
  • Store Managers
  • Business Owners

Frequently Asked Questions

Yes, we cover Bill of Materials (BOM) and Manufacturing Journals.
Yes, inventory is logical and deals with stock movement. We teach basics first.
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