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11. Inventory Ageing Analysis in Tally.ERP9

A very important function of Working Capital Management is the monitoring of stocks. Money locked up in stocks can adversely affect the liquidity of a company. Every company strives or should strive to reduce stock levels to the optimum. Most businesses would prefer to dispose off older stocks as they might deteriorate with time, go out of fashion, or simply get forgotten.

 

Tally.ERP 9's Stock Ageing analysis enables you to know the age of stocks in hand according to when they were received and their purchase value.
11.1. View Inventory Ageing Reports

Go to Gateway of Tally > Display > Inventory Books > Ageing Analysis

 

       Select Medicines

       Press Enter and change the date to 3-3-2010

       Saridon with batch number ST-102 and expiry date is displayed

       Click on the button Expired Batches to view only those items which have expired (The button All Batches appears when the expired batches are on display)

       Press the button Hide Amounts, which toggles with Show Amounts to view the report with or without values

                    Set ageing style as By Expiry Date and the screen appears as shown below :

Inventory Ageing Analysis in Tally.ERP9

You will find that the Ageing Periods are displayed as <45 days, 45-90 days, 90-180 days and >180 days. These are the ageing period that Tally.ERP 9 displays by default. However, you change the ageing period by using F6: Ageing Periods.

Experiment by choosing different ageing styles and observe the changes in the report.

Practice Exercise

1. Select By Mfg. Date as Ageing Style and view the report as on 31-12-2009.
 
 
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Company Information @ Tally.ERP9
 
Group & Ledger

Introduction
1. THE GROUP
2. THE LEDGER
3. VOUCHERS TYPES

Advanced Inventory / Stock
Meaning
Order Processing
Re-Order Levels
Tracking Numbers
Batch-wise Details
Additional Cost Details
Bill of Materials (BOM)
Price Lists and Price Levels
Stock Valuation
Zero Valued Entries
Inventory Ageing Report
Actual and Billed Quantities
Advanced Usage of Vouchers
Maintain Bill-wise Details
Cost Center and Cost Category
Interest Calculation
Reversing Journals
Post-Dated Voucher
Memo (Memorandum) Voucher
Optional Voucher
Using Tracking Number
Tally.ERP9 Report
  1. Unit Objectives
  2. Modifying Reports (Options)
  3. Balance Sheet
  4. Profit & Loss Account
  5. Stock Summary
  6. Trial Balance
  7. Day Book
  8. Books of Accounts
  9. Statement of Accounts
  10. Inventory Books
  11. Statutory Reports
  12. List of Accounts ( Chart of Accounts)
  13. Exception Reports
  14. Printing Reports
Tally.ERP9 MIS and Other Reports
Statutory & Taxation
Utilities & Others @ Tally.ERP9
Credit Limits
Knowledge Base @ Tally.ERP9
Stock Items
Stock Groups
Inventory Masters
Inventory Vouchers
Inventory Report Statements
Balance Sheet
Accounting Reports
Accounting Vouchers
Interest Calculation
VAT-Value Added Tax
Service Tax
TDS (Tax Deducted at Source)
 
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