ZERO VALUE ENTRY

ZERO VALUE ENTRY

It is just like Actual & Billed option. In Actual & Billed option we get free same item but in zero value entry, we get free different item.

Example:-

ABC Company purchased 5 pieces of LG TV for Rs. 15,000 each and gets 1 piece of Oscar DVD free.

Maintain the above transaction.

To maintain:-

Create a company and then activate zero value entry as follow:-

To Activate Zero Value Entry: - G.O.T. (Gateway of Tally)-->  Press F11 (Company Features)--> Press F2 (Inventory Features).

After that, create stock master:-

To Create Stock Group: - G.O.T. (Gateway of Tally)--> Inventory Info--> Stock Group--> Create.

To Create Stock Item: - G.O.T. (Gateway of Tally)--> Inventory Info--> Stock Item--> Create.

Now create ledger as follow:-

Path for ledger creation: - G.O.T. (Gateway of Tally)--> Accounts Info--> Ledger--> Create (Single).

And then do voucher entry:-

Path for voucher creation: - G.O.T. (Gateway of Tally)--> Inventory Voucher--> Press F9 (Purchase Voucher).

Now you can see the stock summary as follow:-

Path for view stock summary: - G.O.T. (Gateway of Tally)--> Stock Summary.

In stock summary, the value of Oscar will be zero.

For more details, press “Alt + F1”.