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You can alter any information of the ledger master with the except for the closing balance under the group stock-in-hand. To display/alter a ledger Go to Gateway of Tally > Accounts Info. > Ledgers > Display or Alter. Modification of…

A ledger is the actual account head to identify your transactions and are used in all accounting vouchers. For example, purchase, payments, sales, receipts, and others accounts heads are ledger accounts. Without a ledger, you cannot record any transaction. All…

Closing stock is the balance out of goods that were purchased during an accounting period, and have remained unsold. The value of total purchases is already included in the Trial Balance. If closing stock is included in the Trial Balance,…
Using Manufacturing and Expiry Dates

Usually, Pharmaceutical companies, chemical industries etc., need to maintain their stock items with manufacturing dates and expiry dates. In Tally.ERP, you can maintain Batches with Mfg (Manufacturing) and Expiry dates. Enabling Mfg. & Expiry Dates Set Maintain batch-wise details and…