Tally.ERP 9 provides different valuation methods for different stock items. i.e., you can use different valuation methods like (FIFO, LIFO, Avg Cost, Avg Price, Std. Cost, Std. Price , etc) for the inventories in the Balance Sheet.
The various stock valuation methods available in Tally.ERP 9 are:
To view stock valuation under each of these methods, in separate columns in the same Balance Sheet, press Alt+N to display the Auto columns.
Select Stock Valuation Methods in Repeat Using field. The columnar report will display values for each of the valuation method used.
The Balance Sheet, displaying all the methods of stock evaluation used, appears as shown below:
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