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