Most businesses
will use several units of measure, even
if the belief that just one (pieces) is
used.
Take purchases - you could
order in the units you are comfortable with,
and you receive goods in a different unit
- for e.g., order in Pcs, receive in KG's.
Similarly you could record sales in the
units that your customer is comfortable
with. The flexibility of this 'compound'
unit of measures is to ensure that Tally.ERP
9 does not get in the way of your way of
working. Like in the case of multi-currency,
every quantity field is inherently multi-unit
ready.
Some commodities, say cotton,
have 'peculiar' problems - the unit of stock
used for this commodity is 'bales', yet
trade is in Kg's. With changes in weather,
cotton looses or gains weight due to changes
in moisture content. If you used Kg's for
your records, you would loose the ability
to manage stock count and stock take of
bales; if you used bales, you would have
a mismatch in the actual quantity transacted.
This problem is compounded in real life
– since each bale carries a different weight
of cotton.
With Tally.ERP 9 you can
manage all these, with the support for multiple
units of measure. Now, you can record both
units in transactions – Kg's and bales at
the same time. Stock valuation will be done
in Kg's; inventory count can be managed
in bales!
You receive some supplies
- the Invoice shows 5 Pcs. and the actual
count shows 6 Pcs.! Were you to enter your
receipt as 6 Pcs., there will be a mismatch
with the voucher and physical document which
will result in an audit objection. Entering
as 5 Pcs. would mean that one piece is not
recorded... Tally.ERP 9 supports 'actual'
and 'billed' quantities - thus delinking
the inventory count from the financial impact
of the transaction. With this you can also
receive and deliver free samples and manage
the many variations that occur now and then.
Therefore compound units,
alternate units and billed/actual quantities
should deliver the capabilities needed for
most, if not all, of your requirements. |