The Reorder and Minimum order quantity is defined based on fixed consumption pattern.
When you select the Stock Group under the Reorder Levels menu, the Simple Reorder Levels screen will be available, by default.
Go to Gateway of Tally > Inventory Info. > Reorder Levels
Select a group of Stock Items from the List of Groups, to specify Reorder Levels for the Stock Items in the Specify Reorder Levels screen. For each item in stock, you can define a Reorder Level and the Minimum Order Quantity.
The Simple Reorder Levels screen appears as follows:
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.
Example: 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.
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 economical order lot predetermined.
In Simple Reorder Levels screen, the consumption alternatives will not be available and hence you have to input the only the quantities. i.e., the options that you have in the above mode are to define Reorder Quantity and Minimum Order Quantity.
If you have used Advanced Reorder options earlier, click Simple Reorder button, to specify simple reorder levels.
The options available in the Reorder Levels screen are as follows :
R : Adv Reorder
Press Alt+R to toggle to Advanced Reorder Levels screen.
M : Adv Min Qty
Press Alt+M to toggle to Advanced Minimum Order Quantity screen
More:
Specifying Advanced Reorder Levels and Minimum Quantities
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