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1.     Meaning – Reorder Levels and Reorder Quantity in Tally.ERP 9

Reorder Level signifies the quantity of a Stock Item in hand, after reaching which you must place orders for your supplies. The importance of Reorder Level arises from the need to have sufficient stocks to service customer orders and, at the same time, not to unnecessarily accumulate stock.

Therefore, the points to be considered while deciding the reorder levels are as follows.

·         The lead-time for suppliers to deliver the stock.

·         The delivery time specified by the customer.

·         The stock-in-hand to satisfy orders in the meantime.

In simple mode, Tally.ERP 9 accepts the quantities that you specify. In advanced mode, it considers the past consumption patterns to suggest reorder levels. You can however, choose to define your own reorder levels. You may also specify the minimum quantity of the item to be ordered, either in simple or advanced mode.

The purpose of specifying reorder levels is to obtain a report that indicates the quantity of a Stock Item that you must order.

Note:        The option Reorder Levels is displayed in the Inventory Info. menu only if Allow Purchase Order Processing is enabled in F11: Inventory Features

 
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Tally.ERP 9 Reference Manual LIBRARY
1.
Installation of Tally.ERP9
2.
Site Licensing of Tally.ERP9
3.
Shortcut Keys in Tally.ERP9
4.
Maintaining Company Data
5.
Creating Masters
5a. Accounts Information [Creating Masters]
5b. Inventory Information [Creating Masters]
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Voucher Entry
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Reports in Tally.ERP9
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Excise for Dealer
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Reports [ Excise for Manufacturer]
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Service Tax in Tally.ERP9
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Tax Collected at Source (TCS) in Tally.ERP9
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Tax Deducted at Source (TDS) in Tally.ERP9
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Value Added Tax (VAT) in Tally.ERP9
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Central Sales Tax (CST) in Tally.ERP9
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Tally.ERP 9 Help LIBRARY
Short Cut Keys Command in Tally.ERP9
Reorder Levels & Reorder Quantity
Price Lists in Tally.ERP 9
Point of Sale (POS) in Tally.ERP 9
Job Costing in Tally.ERP 9
Interest Calculations in Tally.ERP 9
Features (F11) of Tally.ERP 9
Configuratioin (F12) of Tally.ERP 9
Data Migration in Tally.ERP 9
Cost Categories and Cost Centers
Budgets in Tally.ERP 9
Advanced Inventory Features
Advanced Accounting Features
Self-Running Tutorial with Audio
F.A.Q. Knowledgebase in Tally.ERP 9
Sample Reports @ Tally.ERP 9
Tips on Tally.ERP 9
 
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