Inventory management in tally ERP-9

Views:
 
Category: Entertainment
     
 

Presentation Description

Ppt is on the inventory management in tally ERP-9

Comments

Presentation Transcript

Slide1:

NVENTORY M ANAGEMENT I

Slide2:

INTRODUCTION Inventory management is the practice overseeing and controlling of the ordering, storage and use of components that a company uses in the production of the items it sells.

Slide3:

Why Study Inventory management Reduction of cost is main aspect to be competitive in market using inventory management Improvement of profits Improvement of efficency of firm. Reduction of capital investment improves return on investment

Why Tally is best for basic Inventory Management ? :

Why Tally is best for basic Inventory Management ? Flexible units of Measure Flexible Invoicing Unlimited Grouping of Stock items Separate Actual Quantities Gross Profits report POS Invoicing Voucher Classes Entry

Flexible Units of Measure :

Flexible Units of Measure 1. To create Units of Measure , Go to Gateway of Tally > Inventory Info. > Units of Measure Create Select Unit Type Specify Unit name. 2. To activate and create Alternate Units , >> Go to Gateway of Tally > Inventory Info. > Inventory Info > Stock Item > Create >> Press F12: Configure (Inventory Info.) and activate Use ALTERNATE UNITS for Stock Items >> Enter Alternate Units

Slide6:

3. To view Reports in Alternative Units, Go to Gateway of Tally > Stock Summary Press F12: Configure, set Show Opening balance, Goods Inwards, Goods Outwards and Closing Balance to Yes Set Show using Alternate Units to Yes 4. To create Compound Units, >> create two simple units of measure (as mentioned earlier) and then > Go to Gateway of Tally > Inventory Info. > Units of Measure->Create. >> Select Unit Type as Compound > Select First Unit and enter Conversion units. >> Select the Second Unit.

Slide8:

Tail Units:- >> Go to Gateway of Tally > Stock Summary >> Press F12: Configure and set Show Tail Units of Compound Units to Yes. Now, Tally.ERP 9 displays compound units of stock items in Tail units.

Slide9:

Flexible Invoicing In Tally.ERP 9, you have flexibility to invoice items or ledger accounts directly to generate sales invoices. you may want to print batch number, Manufacturing as well as expiry date, additional description for items, show discounts on the invoice and so on. These are some Flexible Invoicing :- Sales Invoicing Purchase Invoicing Separate Discount Column on Invoices

Slide10:

Sales Invoice >> To enter an Invoice, >> Go to Gateway of Tally > Accounting Vouchers > Select Sales (F8) >> Press F12: Configure, to activate or deactivate the features as per requirements >> Enter all relevant information and save the voucher Press Alt + P (P: Print) Purchase Invoices >> To enter Purchase Invoices in Invoice Format, Go to Gateway of Tally > Accounting Vouchers > Select Purchase (F9) >> Select Party's A/c Name >> Select Stock Items >> Specify Qty and Rate, the value is automatically calculated >> Select taxes, freight & other expenses (if any)

Separate Discount Column on Invoices :

Separate Discount Column on Invoices To activate discount column in Invoicing Press F11: Inventory Features > Set Separate discount columns for Invoices to Yes

Unlimited Grouping & Categorization of Stock items :

Unlimited Grouping & Categorization of Stock items Stock Group To create Stock Groups >> Go to Gateway of Tally > Inventory Info. > Stock Groups > Create >> Enter Name for the Group (Specify the parent group of the current group)

Slide13:

2. Stock Category To create Stock Categories, >> Go to Gateway of Tally > Inventory Info. > Stock Categories > Create >> Specify the Name for the Category >> Select Primary or the parent Stock Category from the list

Slide14:

Gross Profits and Consumption Report To view Consumption Report, >> Go to Gateway of Tally > Stock Summary > F7 (Show Profits) >> Press Alt+F1 for detailed mode

Slide15:

Why Tally is the best for advanced Inventory Management? Following are some of the salient features, which makes Tally.ERP 9 best for advanced inventory management:- Tracking Inventory Rejection In and Rejection Out Additional Costs Incurred on Purchase Unlimited Stock Item Classification Bill of Materials Tracking Additional Cost of Manufacturing Job Costing Stock Ageing Analysis Stock Query Multiple Warehouses / Locations: Sub-Godowns Stock transfers to Godowns Multiple Stock Valuation Batch-wise / Lot-wise & Expiry Date Handling Sales and Purchase Order Processing

Slide16:

Stock Query Stock query offers an option for the user to get a good idea of what is the stock position of a particular item as well as items that belong to the same category or group. To view Stock Query Report, >> Go to Gateway of Tally > Display > Statements of Inventory > Stock Query >> Select Item from List of Items,the Stock Query report will appear Select F4 (Item) to change to another item or use arrow keys to move to the category pane to select another item displayed Stock Item Master

Slide17:

Multiple Stock Valuation To set Valuation Method for a stock item, >> Go to Gateway of Tally > Inventory Info. > Stock Items > Alter >> Select the Stock Item >> Press F12: Configure and set Allow ADVANCED entries in Masters to Yes >> In Stock Item Alteration, specify the required Costing Method To view Stock Summary in different Valuation Methods, >> Go to Gateway of Tally > Stock Summary >> Select Auto Column (Alt+N) and select the required Stock valuation methods in Auto repeat columns . >> The Stock Summary report will now display value of inventories in different Stock Valuation Methods,

Slide18:

Stock Query Report

Slide19:

Job Costing To Enable Job Costing in Tally.ERP 9 >> Go to Gateway of Tally > F11: Accounting Features Set Use Cost Centres for Job Costing to Yes Set More than ONE Payroll / Cost Category to Yes (if required)

Slide20:

Questions :- What are the advantages of inventory management ? Why is tally best for basic inventory management? What is the pathway to create compound units? Pathway to view reports in alternative units? What is flexible invoicing in tally? Pathway to set separate discount columns on invoices? How to create stock categories in tally? Pathway to create stock groups? What is the short cut key to profits in consumption report view? What is stock query? Which key is to be selected to change to another item in stock query reports? What is pathway to set valuation method for a stock item? How to view stock summary in different valuation methods? How to enable job costing in tally? How to enter purchase invoices in invoice format?

Slide21:

Sahil Kalra Bharti Seth Vanshika Kamboj Hasandeep Singh Abhinav Sharma Special thanks to Ms. Reeti Gaur mam for Guidance and Support. BY GROUP : 3 Downloading link :-

authorStream Live Help