How to manage stock in Tally erp -9 Case studyÂ
Golden enterprises
Ghaziabad up -201005
GSTIN-09DQTPK9758M1ZG
Q1. On 1st Oct 2017 purchase raw material in cash for manufacture of pressure cooker in- voice GST-0111.
| Sl.n
o |
Item Name | Qty | Rate | Gst rate |
| 1 | Handel set | 100 pcs | 50 | 28% |
| 2 | Rubber gasket | 100 pcs | 3.10 | 28% |
| 3 | Aluminum circle sheet | 100 kg | 190 | 18% |
| 4 | Safety valve | 100 pcs | 25 | 18% |
| 5 | Weight set | 100 pcs | 50 | 18% |
| 6 | Vent tube | 100 pcs | 53 | 18% |
| 7 | Pressure cooker manual | 100 pcs | 5 | 12 % |
| 8 | Pressure cooker box | 100 pcs | 11 | 12% |
Pass the necessary entry
Q2. On 1st Oct 2017 sales 5 Ltr  pressure cooker outer lid 50 pcs of Rs.450 each to Rama Enterprises (GSTIN-09DQTPK9758M2ZF) invoice on -01/17-18 GST rate 12 % applicable.
Pass the necessary entry and show the closing balance of finish goods and raw materials