Inventory management is main duty of an accountant of any company . He is responsible both quantity and monetary record of all the material in which company deals . We know that trader buys the goods and sometime he returns to his suppliers . He also sells the goods and some time his customers return him his goods . So , Inventory will convert from buying to selling step by step. Accountant have to give the reports
I) What is total amount and quantity of goods purchased and sold of different kind .
II) What is value and quantity of total closing stock
In tally 9 , You must make different unit for measuring the quantity of your stock . I will show them in picture for creation and display various unit which are using in general business. But you can can create different unit according to nature of your stock.