How do I manage serialized and batch tracked inventory?

Serial Number Feature is mostly used for maintaining the Mobile Serial number. We can maintain either manually or automatic Serial number as per your needs.
Pls Follow the Below Steps :
Step 1: Administration
Step 2: Configuration
Step 3: Features and Options
Step 4: Inventory
Step 5: Enable the Serial No. Wise Details with required option as per your need.
Step 6: Open the Item Master , Enable the Serial No. option then Select either Automatic or Manual.
Step 7: During voucher entry, Serial number will get maintain for an Item and after that adjust it in the sales voucher.
Step 8: For Reports, Under Display Menu can check in Serial No. wise Reports.
Batch Wise Feature is used moslty for pharmaceutical with their Manufacturing & Expiry Date.
Pls Follow the Below Steps:
Step 1: Administration
Step 2: Configuration
Step 3: Features and Options
Step 4: Inventory
Step 5: Enable the Batch wise feature then Select the Date format for Manufacturing and Expiry.
Step 6: Tick on Maintain Sales price 
Step 7: Enable the Batch wise feature from Item Master.
Step 8: During Purchase voucher entry, Batch wise window will popup in item then mention the batch details & adjust that batch in Sales.
Step 9: Can check report in Display under Batch wise details.