How to View Relative Size Factor Report in TallyPrime (2024)

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The Relative Size Factor report in TallyPrime compares the Highest Value transactions for each ledger voucher to the Second Highest Value and compare the variance which can lead into further investigation.

In this section

View the Relative Size Factor report

Button options in the Relative Size Factor report

Configuration Options

View the Relative Size Factor report

Gateway of Tally > Display More Reports > Analysis & Verification > Data Analysis > Relative Size Factor (RSF).

Alternatively, Alt+G(Go To) > type or select Relative Scale Factor (RSF)> and press Enter.

The Relative Size Factor report displays the ledger wise RSF value as shown above. The user can drill down from the above report to view the details of the ledger vouchers where the details of the Relative Size Factor computation can be viewed.

The configured Relative Size Factor report is displayed as shown:

The Relative Size Factor report displays the ledger wise Highest, Average and RSF Value along with the count of vouchers as shown above. The user can drill down from the above report to view the details of the ledger vouchers where the details of the Relative Size Factor computation can be viewed.

Note: Average Value will be calculated by considering the total of the ledger divided by the number of transactions of that ledger.

Button options in the Relative Size Factor report

  • Press F2 (Period): to view the Relative Size Factor report for any required period.
  • Press F3 (Company): to change the company.
  • Press F4 (Group): to filter the view the Relative Size Factor report for the selected Group.
  • Press F9 (Analysis & Ver Reports): type or select Analytical Procedures > and press Enter.
    You can follow this step to open any of the Accounting, Inventory, and Verification reports from the list.

Configuration Options

Press F12 (Configure): to change the default display for the above report.

  • Show RSF greater than: Specify the value to view the report for RSF greater than mentioned in this field.
    Note: In the above screen, all the vouchers where total amount is greater than 1000 will be displayed in the report once the configuration is saved.
  • Show RSF Values for Opposite Behaviour: Set this option to Yes to view the RSF for transactions having either Debit or Credit balance.
  • Show Highest Value: Set this option to Yes to display the Highest Value Transaction for each Ledger.
  • Show Average Value: Set this option to Yes to display the Average Value Transaction for each Ledger.
  • Show Name of Group: Set this option to Yes to display the name of the immediate Group/Subgroup.
  • Show Primary Group: Set this option to Yes to display the name of the Primary Group.
  • Show Count of Vouchers: Set this option to Yes to display the count of the vouchers for each Ledger.
  • Display name of Ledgers: Select the required Display Name for the Ledgers.
  • Sorting Method: Select the required sorting methods from RSF values increasing/decreasing, alphabetical increasing/decreasing or default method.

Ledger Vouchers – Relative Size Factor (RSF)

The Ledger Vouchers report for the Relative Size Factor (RSF) report displays the vouchers for the selected ledger along with the RSF computation details.

In this section

  • View the RSF – Ledger Vouchers report
  • Button options in RSF – Ledger Vouchers report
  • Configuration Options

View the RSF – Ledger Vouchers report

  1. Gateway of Tally > Display More Reports > Analysis & Verification > Data Analysis > Relative Size Factor (RSF).
    Alternatively, Alt+G (Go T0) > type or select Relative Scale Factor (RSF)> and press Enter.
  2. Select the required Ledger and press Enter.

The Ledger Vouchers screen displays all the transactions for the respective Ledger. The highest and second highest transaction values are shown in blue for clear identification.

The Computation for the Relative Size Factor (RSF) is also shown on top of the screen.

Button options in RSF – Ledger Vouchers report

  • Press F2 (Period): to change the period selected.
  • Press F3 (Company): to change the company.
  • Press F4 (Ledger): to select a different Ledger and display the RSF – Ledger Vouchers report for the selected Ledger.
  • Press Alt+F5 (Detailed): to view the detailed Ledger Vouchers report.
  • Press F8 (Show Ledger): to display the Ledger Vouchers report for the selected Ledger.
  • Press F9 (Analysis & Ver Reports): type or select Pending Advances > and press Enter.
    You can follow this step to open any of the Accounting, Inventory, and Verification reports from the list.
  • Press F10 (Other Info): to view the other Ledger Information like if its an MSME, is a Related Party and the details of the Sampling Method applied.
  • Press Alt+J (Set Manual Sampling): to mark the selected vouchers (using spacebar) as sampled. The manual sampling method will get applied to all such vouchers and they will appear under the sampled column on the dashboard.
  • Press Alt+L (Delete Manual Sampling): to delete the Manual sampling method already applied for the selected Vouchers (using the spacebar).
  • Press Alt+R (Verify): to verify the selected vouchers. The process of verification is similar to Verification Status report.
    Note: The Alt+R (Verify) button will be highlighted only when one or more vouchers are selected for verification using Spacebar.
  • Press Alt+S (Remove Verify): to change the verification status for the selected vouchers as not verified.
  • Press Alt+F12 (Range): to use the Range Filter option to search the specific vouchers from the list of Ledger Vouchers displayed.
  • Press Ctrl+F12 (Value): to filter the vouchers and calculate the balances as per the specified conditions.

Configuration Options

Press F12 (Configure), to change the default display for the above report.

  • Show RSF Values for Opposite Behaviour: Set this option to Yes to display the RSF for transactions with both Credit and Debit values.
  • Show Narrations: Set this to Yes option to view the Vouchers along with their respective narration.
  • Show Verification Status: Set this option to Yes to view the vouchers alongside the respective Verification Status (On Hold/Altered/Clarified/Internal Observation/External Observation/Internal Observation Clarified/Not Verified/Verified).
    Select an Verification Status and the vouchers that have been marked with the chosen Verification Status will be filtered and displayed.
  • Show transactions with Verification Status: Set this option to Yes to view the transaction along with respective Verification Status.
  • Show Verification Note: Set this option to Yes to view the vouchers along with their respective Verification Note.
  • Show Client’s Clarification Note: Set this option to Yes to view the Clarification provided by the client for vouchers that have been marked for Internal Observation/External Clarification.
  • Show Date and Time: Set this option to Yes to view the date on which, and time at which, clarification was provided for the listed Vouchers.
  • Show Verified By: Set this option to Yes to view the person who has performed verification on the Vouchers.
  • Show Clarification from: Set this option to Yes to view the user who has provided clarification, if any, for the Vouchers.
  • Show Category: Set this option to Yes to view the category of clarification alongside the Vouchers.
  • Show Priority: Set this option to Yes to view the priority.
  • Type of Priority: Set this option to Yes to view the Priority of the clarification required (High/Medium/Low).

Related Topics

  • How to View Data Analysis Report in TallyPrime
  • How to View Day Book in TallyPrime
  • How to Verify Chart of Accounts in TallyPrime
  • How to Use Chart of Accounts in TallyPrime
  • How to Record Accounting Entry in TallyPrime
How to View Relative Size Factor Report in TallyPrime (2024)

FAQs

How to View Relative Size Factor Report in TallyPrime? ›

Press F2 (Period): to view the Relative Size Factor report for any required period. Press F3 (Company): to change the company. Press F4 (Group): to filter the view the Relative Size Factor report for the selected Group. Press F9 (Analysis & Ver Reports): type or select Analytical Procedures > and press Enter.

What is relative size factor in Tally prime? ›

Relative Size factor (RSF) – Drill down into this report will display the Relative Size Factor for each Ledger Voucher which is arrived by dividing the highest Voucher amount to the second-highest Voucher amount for the Ledger Vouchers.

How to view reports in Tally prime? ›

Navigate to Reports | Gateway of Tally & Go To/Switch To

You can open a report through Gateway of Tally or by using the Go To feature. Gateway of Tally helps you progressively navigate to the reports as you drill down. Go To lists all the reports by default in different groups under a common selection table.

What is the relative size factor? ›

THEORY OF RELATIVE SIZE FACTOR (RSF): It highlights all unusual fluctuations, which may be routed from fraud or genuine errors. RSF is measured as the ratio of the largest number to the second largest number of the given set.

How to get MIS report from Tally prime? ›

Steps to Generate Standard/Preset MIS Report in Tally Prime
  1. Log in to Tally Prime and open the Company for which you want to generate the MIS report.
  2. Go to the Gateway of Tally.
  3. Select the required MIS Reports.
  4. Click F2.
  5. Enter the required period for which you want to generate the report.
  6. Click F12: Configure.

What is the formula for the relative size factor? ›

9.4.2 Relative size factor (RSF)

The calculation is done by taking the largest value divided by the second largest value within a group. Examples of groups include a listing of payables for a vendor, or the expenses completed by an employee.

How to display reports in Tally ERP 9? ›

Step 1: On Gateway of Tally, Click on “Display more Reports” or press D on the keyboard. Step 2: From the various options that appeared, click on Account Books, and you will see a new window. Step 3: Click on “Cash/Bank Book(s)” or press C on the keyboard to access Cash Book.

How to check detailed view in Tally? ›

Detailed View

Press Alt+F5 (Detailed) to view the details of Last Activities (User name, date and time) for all the companies. Note: To view the last activity details of one or more companies, select the required companies and press Shift+Enter.

How do we use relative size? ›

Relative sizing is a technique that assigns a numerical value to each work item based on its relative complexity and effort compared to other work items. For example, you might use a Fibonacci sequence (1, 2, 3, 5, 8, 13, etc.) or a t-shirt size (XS, S, M, L, XL, XXL, etc.) to rank your tasks.

What is an example for relative size? ›

For example, if we assume that the two street lamps in the photograph below are the same size, then the street lamps with a smaller image on the retina must be farther away from the viewer. As the image of the closest street lamp is the largest in the picture then we assume that it is the closest to the viewer.

What is the relative size factor ratio? ›

Relative size factor (RSF) is a test to identify anomalies where the largest amount for subsets in a given key is outside the norm for those subsets. This test compares the top two amounts for each subset and calculates the RSF for each.

How to check reports in Tally prime? ›

View Default Report

Press Alt+G (Go To) > type or select Statistics > and press Enter. Alternatively, Gateway of Tally > Display More Reports > Statement of Accounts > Statistics. Drill down a specific type of voucher to view the details. For example, you can select Journal as Type of Vouchers and press Enter.

How can I display outstanding report in Tally prime? ›

View Ledger Outstanding report

Gateway of Tally> Display More Reports > Statement of Accounts > Outstandings > Ledger > select the party. Alternatively, Alt+G (Go To) > type Ledger Outstanding > select the party.

How to generate a MIS report? ›

Follow the below steps to create an MIS Report in Excel.
  1. Accumulate all the raw data/information.
  2. Clean the data, remove any noise, and filter the necessary information.
  3. Arrange the data in Excel Tabular format.
  4. Create a separate sheet for your data repository to refer to it while creating reports.
5 days ago

What is the meaning of relative size? ›

Answer and Explanation: Relative size is how large something is compared to another object. The actual dimensions of the objects aren't necessarily given, though, making relative size a qualitative measurement. A picture of an object may not accurately represent its relative size.

What is relative sizing? ›

Relative sizing is a technique for estimating the complexity and effort of user stories in Agile Methodologies. It involves comparing user stories to each other and assigning them relative values based on a common scale.

What is the meaning of sizing factor? ›

Size factor is a crucial concept in wealth management. It refers to the performance of small-cap companies relative to large-cap companies. In other words, the size factor is the difference in returns between small-cap and large-cap companies.

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