Grouping Purchase Order Outstandings in TallyPrime: 2 Methods

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1. Understanding Grouped Purchase Order Outstandings in TallyPrime

Grouping purchase order outstandings allows you to categorize outstanding orders based on specific criteria, such as supplier, product category, or stock group.

This helps you gain better insights into your procurement process and identify potential bottlenecks.

2. Steps to View Grouped Purchase Order Outstandings in TallyPrime:

Method 1: Using the Purchase Order Outstanding Report

1. Go to Reports:

Gateway of Tally > Reports

2. Select Purchase Order Outstanding:

Choose Purchase Order Outstanding from the list of reports.

3. Group the Report:

  • You can group the report by:
    • Stock Group: To view outstanding orders by product category.
    • Supplier: To view outstanding orders by supplier.
    • Other Criteria: You can explore other grouping options based on your specific needs.

    Method 2: Using the Pending Purchase Orders Report

    1. Go to Reports:

    Gateway of Tally > Reports

    2. Select Pending Purchase Orders:

    Choose Pending Purchase Orders from the list of reports.

    3. Group the Report:

    You can group the report by various criteria, including stock group, supplier, or product category.

      3. Example of Grouping Purchase Order Outstandings in TallyPrime:

      Let’s assume you have purchase orders for various products from different suppliers.

      You can group the outstanding purchase orders by stock group to get a clear overview of outstanding quantities and values for each product category.

      Stock GroupTotal Quantity OutstandingTotal Value Outstanding
      Electronics100Rs. 50,000
      Office Supplies200Rs. 20,000

      4. Benefits of Grouping Purchase Order Outstandings in TallyPrime:

      • Improved Inventory Management: Identify stock groups with high outstanding quantities to plan for timely replenishment.
      • Enhanced Supplier Performance Analysis: Analyze supplier performance based on their ability to fulfill orders for specific product categories.
      • Better Financial Planning: Estimate future cash outflows based on outstanding purchase orders for different product groups.
      • Efficient Decision Making: Make informed decisions about procurement strategies, supplier selection, and inventory optimization.

      By effectively grouping purchase order outstandings in TallyPrime, you can gain valuable insights into your procurement process, optimize inventory management, and improve your overall financial performance.

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