The Stock Summary report with stock valuation methods can be used to view the effects of different methods
on the value of stock. Each stock item can be set up to have a different stock valuation method. In some instances,
a particular method of valuation may be required, for example, to assess the replacement value or saleable value
of stock. Tally.ERP 9 displays stocks in any or all the valuation methods dynamically and simultaneously, without
any complicated procedure.
Suppose you want to use Last Purchase Cost method to assess the replacement value and the Last Sale Price
method for realizable (saleable) value:
In the Stock Summary screen, select the New Column button on the button bar or press Alt+C. The screen
appears as shown.
Select First in First Out (FIFO) from the Stock Valuation Methods list.