Course Content
Gateway of Tally
0/6
History and Versions of Tally
Introduction to Tally User Interface : Gateway of Tally
Company Management
Data Security
Features of Tally
Configuration
Ledger Creation
0/1
Ledger Creation Methods
Groups
0/1
Groups in Tally
Accounting Vouchers
0/3
Voucher Entry
Day Book
Bill wise Details
Inventory Management
0/8
Inventory Management
Compound Units
Alternate Units
Godown Management
Batch & Expiry Details
Standard Rates
Stock Categories
Stock Valuation Methods
Inventory Vouchers
0/1
Stock Journal
Bank Reconciliation
Taxation
Goods and Service Tax (GST)
0/13
GST: Introduction
Forms of GST Collection
How GST reduces final price of product or Service
Rates of GST
Registration under GST
Types of GST Registrations
GSTIN : Description
Input Tax Credit (ITC)
Reverse Charge
Types of GST Returns
Why GSTR-3B instead of 3?
GST Return Filing Process
What is HSN or HCS?
Tally ERP9 with GST
About Lesson

Stock Valuation Methods
Stock Valuation method is the system that is using to calculate the value of stock.

Two types of Stock valuation methods in Tally:
1. Cost Valuation: used to calculate the value stock to show in the reports. Eg: FIFO, LIFO, Avg. Price etc
2. Market Valuation: used to show the value of stock in the vouchers. Eg: Last Sale Price, Standard Price etc.

Enable Stock valuation methods:
being in stock item creation/alteration
–>Press F12
–>Allow advanced entries in masters:Yes

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