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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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15 Chapters in Tally.ERP9 Book + 21 Chapters in GST Practical Assignment on GST in Tally.ERP9 & All features are described with Practical Problems with Solutions.

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