What is Stock Summary?



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Please Explain in details. Thanks

4 Answer(s)


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Stock Summary is a statement of the stock-in-hand on a particular date. It is one of the primary inventory statements and updates the stock record as and when transactions are entered.

Stock Summary provides information on stock groups and shows the quantity details, rate and closing value of the stock items under them. All the stock reports are available in Stock Summary. Hence, this is the main stock statement for the company to know the details of its inventory

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A Stock Summary is a statement of the stock-in-hand on a particular date. It is one of the primary inventory statements that is generated in Tally.ERP 9 and updates the stock record in real time as and when transactions are entered. Stock Summary provides information on stock groups and shows the quantity details, rate and closing value of the stock items under them.

The statement can be drilled-down, as with all Tally.ERP 9 reports, and configured to enable you to view different details, for instance, the total flow of stock can be viewed with a single report.

Tally.ERP 9 treats Stock Summary as one of the primary statements and makes it accessible directly from the Gateway of Tally.

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please explain in details......