
Learn the fundamentals of inventory valuation, assigning a monetary value to inventory items as goods arrive from suppliers, using fifo, lifo, or weighted average cost.
master fifo inventory valuation with an ABC Ltd example in Excel and Tally ERP9, tracing opening stock, purchases, and issues to calculate ending stock and cost of goods sold.
Explore the weighted average cost method to value inventory by dividing total stock value by total quantity, with a worked example from ABC Limited in January 2019.
Explore practical inventory management in Microsoft Excel using vlookup and if functions. Learn weighted average cost to track stock in, stock out, and status from January to April 2019.
Explains how to use vlookup for exact and approximate matches to retrieve data from a table, and demonstrates sumif for conditional summation based on a single criterion.
Create Excel worksheets—item list, inventory in, inventory out, and inventory status—and convert headers to a table, then populate item name, model, color, go down, and unit using a unique code.
Create and manage inventory in Excel with item lists, inventory in/out, and a status table, using headers such as date, item code, name, unit price, quantity, value, weighted average cost.
Apply excel formulas to manage inventory across inventory in, inventory out, and inventory status using vlookup, if, and lookup data from the item list master sheet.
Learn to manage inventory in Excel by recording all purchases and sales with inventory in and inventory out entries, using weighted average cost pricing and automated stock totals.
Learn to manage inventory in Excel by maintaining item codes and names, applying table one filters, and updating across inventory in and out by model, color, quantity, and price.
Download the Tally ERP9 setup from shirlee solution, run the installer, and install into your program files, then select work in educational mode to use Tally ERP9.
Create basic ledger accounts, capital accounts, go down entries, and configure credit sales and sales accounts in Tally ERP9 for inventory management.
Activate the inventory features and enable multiple locations in Tally ERP9. Create the go down by going to inventory info, selecting location, single location, and entering the name and address.
Learn to create stock in Tally ERP9 by enabling integrated accounts, setting up stock groups and items, defining units of measurement, and configuring stock item valuation.
Create a new company in Tally ERP9, enable integrated inventory features, and configure a go down (store location) in Delhi, India for the 2019 accounting period.
Learn to create basic accounts in Tally ERP9, including capital and cash ledgers, opening balances, inventory, and credit sales and sales ledgers.
learn how to create a godown in tally ERP9 by navigating to inventory info, then locations, and configuring primary storage, address when available, and third-party settings.
Create stock groups and stock items, define units of measure with appropriate decimal places, and set cost and market value using monthly average cost for smartphones and laptops.
Record January transactions by creating vouchers, selecting the case and ledger, and entering date, invoice numbers, item details, locations, quantities, and selling prices in the ERP9 system.
Record February month transactions by creating ledgers for sun creditors, posting credit purchases and credit sales for laptop items with updated dates, quantities, and totals.
Record March month transactions in Excel and Tally ERP9 by entering supplier details, dates, item quantities, store locations, and totals for purchases and sales.
Record April month transactions in Excel and Tally ERP9, entering laptops by case and location, quantities, prices, and credit sales, then create ledgers and generate sales records with reference numbers.
Recent Student's Reviews
Excellent highly recommended course, key Inventory management terms and concepts explained in detail and summarized; with real practical examples to consolidate what has been learned - Luis Rodrigo I.
This course is well detailed in inventory management. I really learnt how to make practical use of excel, tally ERP9 and good inventory valuation (Williams Oguamah)
Yes it is, I'm having refresher course for what I have learned during college days and it really helps me a lot - SHYRRA APRIL E.
Yes it is a good match for me. It will help me in my career path ( Dineo )
it was awesome to learn & get insights from this course (Haritha.L)
Very Helpful (JULIUS IGNACIO)
Happy and learning ( Roshir Ann Go Poyaoan)
Eight Reasons why you should choose this Complete Inventory Management in Microsoft Excel &TALLY ERP9 Course
Best Rated Course on Udemy
Latest updated and Doubts Are Solved in this course
Carefully designed curriculum By Proficient In Inventory Management
you can complete this course In Short time
Inventory related examples and case studies Provided
Example And practice exercises Are Able to Download in The Recourse Section
Your queries will be responded by the Instructor With In Short time
A Verifiable Certificate will Be Provided On the Completion
The Course is part of the Operational Management Training Program and Every companies need to Manage inventory to produce their goods or services and make sure to supply the goods or services continuously to their market segment .
The Managing and processing Inventory Management is an important task, and it’s vital that those handling the inventory management have a full understanding and knowledge of the processes involved. The understanding and operating of a inventory management system within a business is an essential requirement for perform the inventory management process exactly and correctly with lower financial Cost. The course is assist that how to Manage the inventory in Microsoft Excel and Tally ERP9.
Welcome to My Complete Inventory Management In Microsoft Excel & TALLY ERP9 Course. This course contain a Real practical Example with calculation process. I have given task to do then video answer is available. It is suggested that you.
This Course is covered the Following areas such as Inventory Management, Microsoft Excel, Tally ERP9, Stock Control, Spreadsheet Inventory, Excel Inventory Tracking, Tally ERP Inventory, Supply Chain Management, Stock Optimization, Excel Formulas for Inventory, Tally ERP9 Tutorial, Inventory Tracking System, Warehouse Management, Excel Data Analysis, Inventory Reports in Tally ERP9.
What is Key Section in this course?
What Is Inventory?
What Are The Types Of Inventory?
What Is Inventory Management?
What Are The Objectives For Inventory Management?
What Is The Inventory Valuation?
What Are The Types Of Inventory Valuation?
What Is The First In First Out (FIFO) Inventory Valuation Method?
What Is The Last In First Out (LIFO) Inventory Valuation Method?
What Is The Weighted Average Cost/Price Inventory Valuation Method?
How To Create The Item List Table For Inventory Management In Microsoft Excel?
How To Create The Inventory In , Out , Status Table In Microsoft Excel?
How To Apply The Formulas For The Inventory In , Out , Status Table In Microsoft Excel?
How To Enter The Inventory Transactions & Analysis The Report In Microsoft Excel?
How To Install Tally ERP9?
What Are The Steps Of Inventory Management In Tally ERP9?
How To Create The Company In Tally ERP9?
How To Create The Basic Accounts In Tally ERP9?
How To Create The Godown In Tally ERP9?
How To Create The Stocks In Tally ERP9?
How To Enter The Transactions & Analysis The Report In Tally ERP9?
This Course will be covered the following areas, who are trying to learn under these following topics such as Inventory management in Excel, TALLY ERP9 for inventory, Microsoft Excel inventory tracking, Excel inventory management system, TALLY ERP9 tutorials, Inventory management with TALLY, Excel inventory tracking system, TALLY ERP9 course, Excel inventory course, Inventory management training, TALLY ERP9 for beginners, Excel for inventory control, Complete inventory management course, Advanced inventory management Excel, Learn TALLY ERP9, Inventory management with Excel, Inventory management software TALLY, Excel data analysis for inventory, TALLY ERP9 inventory solutions,TALLY ERP9 certification, Inventory management training Excel, Microsoft Excel for inventory, TALLY ERP9 features for inventory, Excel for stock management, TALLY ERP9 stock management, Complete Excel inventory guide, Inventory tracking in TALLY ERP9, Excel inventory system course, TALLY ERP9 inventory setup.
This course will be answered for following questions and topics such as inventory management course,how to learn inventory management, inventory management training, inventory management training courses, best courses for inventory management, how to use excel to do inventory management, inventory management excel examples, inventory management excel course.
Go ahead and click the enroll button, and I'll see you in Chapter 1!
Cheers
A.M.A.M.Mubeen
(Expert In Tally & Finance & Microsoft Office & Power BI)