Stock Items are mainly purchased and sold on the basis of quantity. The quantity in turn is measured by units. You can measure the Stock Item by Units, like money is measured in Currency. For example, Liters, Meters, Kilograms, Pieces, Box, Dozen, etc. Units can be classified under the following types :
- Single / Simple Units : When only one Unit is used for receipt and issue of stock items. Above-mentioned are all example of Single Units.
- Compound Units: When two different types of Units can be used for receipt and issue of the Stock item is called compound unit. For example :
| First Unit | Conversion Factor | Second Unit |
| Dozen | 12 | Pcs. |
| Meter | 1000 | Millimetres. |
| Box | 30 | Pcs. |
| Nos. | – | – |
Simple Units of Measure
- Gateway of Tally> Create > type or select Unit and press Enter.
Alternatively, press Alt+G (Go To) > Create Master > type or select Unit > and press Enter.
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This field will show the Type of Units.
- Simple
- Compound
Simple units are Nos, Pcs , and so on. Compound unit is a combination of two simple units.
By default TallyPrime will show the Simple unit for creating the unit of measure.
You can select the Compound Units by clicking on that field or by using SHIFT+TAB [cursor will go to the previous field].
- Define the Symbol of the unit, for example, Nos. This symbol is used in all displays and printouts.
- Specify the Formal Name of the symbol, for example, Numbers.
- Unit Quantity Code (UQC) is a uniform measuring unit used by the department for measuring quantity in the returns filed. UQCs are used to maintain consistency and prevent variations in quantities in the returns filed by different businesses. This requires the businesses to measure the quantities of items using the UQC from the list given by the department.
Using TallyPrime, you can map your unit of measurement to the UQC given by the department, and file the returns.
- In this field you can specify the Number decimal places for the Units from 0 to 4. This field is useful for Units measured in fractions.
For example, Kilogram unit. 1.255 Kgs, here 1 is for Kg and fraction 255 is for gram. For this unit, number of decimal places required is 3
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Alternation / Deletion of Stock Units
You can Alter / Delete the Units Of Measurement created in TallyPrime.
- Gateway of Tally> Alter > type or select Unit Name and press Enter to Alter.
Alternatively, press Alt+G (Go To) > Alter Master > type or select Unit Name and press Enter.
- Select the Name of Unit you want to alter from the Units list. The Unit Alteration screen appears.
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- Make the necessary changes.
- Press Ctrl+A to accept.
You can delete a Unit Of Measure by pressing Alt+D .
[Practical Assignment]
Create the following Unit of Measurement (Simple)
| Pcs.
Nos. Box Doz Kg. |