Q 1. Wha what is stock item. write the step item creation with diagram.
➡       Stock items are the actual items that are transacted i.e. received, issued or produced and it participates in inventory vouchers. Stock items are normally placed under stock groups or categories.
To create Stock item used following sequence or steps-

1) Gateway of Tally > Inventory Info menu > Stock item > Create under Single stock
item.

2) Stock item creation Window will appear on the screen

3) Name- Type the name of the stock item e.g. Ball pen, Stapler

4) Alias- Type alias name (If any)

5) Under select the Stock Group e.g. Stationery.

6) Units- Select the unit of measurement e.g. No

7) Opening balanceType the quantity of opening bal. with rate per unit.

8) Accept the screen by pressing Enter Key or Just press Y.