HSN code is used for goods and SAC code is used for services. Path: Gateway of Tally -> Inventory Info -> Units of Measure -> CreateĪbbreviation of HSN is Harmonized System of Nomenclature, with this help you can identify the products. You need this to measure the stock items in Kg’s, Pieces and Number etc. Integrated Tax: 18% and of goods: Goods (In case service related Select Service)Ĭlick on Yes to accept and save the entry Is reverse charge applicable: No (If applicable select Yes) Is non-GST goods: No (If stock item is related to non GST goods then enable with Yes)Ĭalculation Type: On Value (based on requirement you can select On Item Rate as well) Set/alter GST details: Yes, once enable this option then the below GST details for stock item screen will appear. Part No: Stock items are identified with the part numbers Stock Item Name: Enter name of stock item like, Dell Computers Path: Gateway of Tally -> Inventory info -> Stock Items-> Create You need to create stock items in Tally.ERP9 for each inventory item. It is the primary inventory entity to record the stock transactions and it is the lowest level of information. You must create stock items in Tally to record the transactions. Stock items are goods that you manufacture, purchase and sale.
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