Free Online Tally.ERP9 Help & Tutorial : www.tallyerp9help.com

3.     Specifying Advanced Reorder Levels and Minimum Quantity in Tally.ERP 9

The Advanced Reorder and Minimum order quantity is defined based on dynamic consumption pattern.

To specify advanced Reorder Levels,

Go to Gateway of Tally > Inventory Info. > Reorder Levels

When you select the Stock Group under the Reorder Levels menu, the Simple Reorder Levels screen will be available, by default. To view Advanced Reorder Levels screen, press Alt+R or click on R: Adv Reorder from the Button Bar.

The Advanced Reorder Levels screen appears as follows:

Re-Order Levels and Re-Order Quantity in Tally.ERP9
[2]

  In the same way, press Alt+M to view Advanced Minimum Order Quantity screen, or click on M: Adv Min Qty.

The Reorder Levels screen with advanced parameters will appear as shown:

Re-Order Levels and Re-Order Quantity in Tally.ERP9
[3]

The above configuration helps in calculation of Reorder Level/Order quantity based on the total consumption in the past for a given period.

Advance Parameter for  Reorder Level

Reorder Quantity

Reorder Quantity is the quantity which has to be maintained in stock at any given point of time and if stock goes below the re-order quantity, order has to be placed for the same.

Ex: Reorder quantity is set to 10 numbers, and if the stock balance comes to 9 numbers then the order has to be placed to match the re-order quantity limit.

Enter the level/quantity in the Reorder quantity field.

Period

You can select consumption for various periods viz., Days, Weeks, Months & Years. Here, in this case, it not the average consumption for a period but the total consumption. Enter 0(Zero), if you do not wish to calculate the reorder level based on the consumption in the past.

Re-Order Levels and Re-Order Quantity in Tally.ERP9
[4]

Criteria

You can choose, whether the consumption is higher or lower i.e., input /calculated level/quantity.

Re-Order Levels and Re-Order Quantity in Tally.ERP9
[5]

Advance Parameter for Minimum Order

Minimum Order quantity

This indicates the minimum quantity that has to be ordered in each order raised for that stock item, even though the required quantity is less than the minimum re-order quantity.

Example: Reorder quantity is set to 10 numbers, and minimum reorder quantity is set to 15 numbers and if the stock balance comes to 9 numbers then the order has to be placed for minimum of 15 numbers and nothing less than that can be ordered even though minimum stock to me maintained is only 10.

Specify the minimum order quantity required based on dynamic consumption pattern.

Period

You can select consumption for various periods viz., Days, Weeks, Months & Years. Here, in this case, it not the average consumption for a period but the total consumption. Enter 0(Zero), if you do not wish to calculate the reorder level based on the consumption in the past.

Criteria

You can choose, whether the consumption is higher or lower i.e., input /calculated level/quantity.

The options available in the Advanced Reorder Levels screen are as follows:

R : Simple Reorder

Press Alt+R to toggle to Simple Reorder Levels screen.

M : Simple Min Qty

Press Alt+M to toggle to Simple Minimum Order Quantity screen

 
 
 
Disclaimer :

Tally, Tally 9, Tally9, Tally.ERP, Tally.ERP 9, Tally.Server 9, Tally.NET & Power of Simplicity are either registered trademarks or trademarks of Tally Solutions Pvt. Ltd. in India and/or other countries. All other trademarks are properties of their respective owners.

The visitors may click here to visit the web site of Tally Solutions Pvt. Ltd. for resolving their doubts or for clarifications

Trademarks :
Tally,Tally GST,TallyERP9 GST, Tally9, Tally.ERP, Tally.ERP –9, Tally.Server 9, Tally.NET & Power of Simplicity are either registered trademarks or trademarks of Tally Solutions Pvt. Ltd. in India and/or other countries. All other trademarks are properties of their respective owners. This Website is not associated with any product or vendor mentioned in this Website
© 2018 : www.tallyerp9help.com