diff --git a/erpnext/stock/doctype/delivery_note/test_delivery_note.py b/erpnext/stock/doctype/delivery_note/test_delivery_note.py
index 137c352e99a0..94655747e430 100644
--- a/erpnext/stock/doctype/delivery_note/test_delivery_note.py
+++ b/erpnext/stock/doctype/delivery_note/test_delivery_note.py
@@ -1247,6 +1247,25 @@ def test_non_internal_transfer_delivery_note(self):
 		dn.reload()
 		self.assertFalse(dn.items[0].target_warehouse)
 
+	def test_serial_no_status(self):
+		from erpnext.stock.doctype.purchase_receipt.test_purchase_receipt import make_purchase_receipt
+
+		item = make_item(
+			"Test Serial Item For Status",
+			{"has_serial_no": 1, "is_stock_item": 1, "serial_no_series": "TESTSERIAL.#####"},
+		)
+
+		item_code = item.name
+		pi = make_purchase_receipt(qty=1, item_code=item.name)
+		pi.reload()
+		serial_no = get_serial_nos_from_bundle(pi.items[0].serial_and_batch_bundle)
+
+		self.assertEqual(frappe.db.get_value("Serial No", serial_no, "status"), "Active")
+
+		dn = create_delivery_note(qty=1, item_code=item_code, serial_no=serial_no)
+		dn.reload()
+		self.assertEqual(frappe.db.get_value("Serial No", serial_no, "status"), "Delivered")
+
 
 def create_delivery_note(**args):
 	dn = frappe.new_doc("Delivery Note")
diff --git a/erpnext/stock/doctype/serial_no/serial_no.js b/erpnext/stock/doctype/serial_no/serial_no.js
index 9d5555ed6313..1cb9fd1800e6 100644
--- a/erpnext/stock/doctype/serial_no/serial_no.js
+++ b/erpnext/stock/doctype/serial_no/serial_no.js
@@ -18,3 +18,22 @@ cur_frm.cscript.onload = function() {
 frappe.ui.form.on("Serial No", "refresh", function(frm) {
 	frm.toggle_enable("item_code", frm.doc.__islocal);
 });
+
+
+frappe.ui.form.on("Serial No", {
+	refresh(frm) {
+		frm.trigger("view_ledgers")
+	},
+
+	view_ledgers(frm) {
+		frm.add_custom_button(__("View Ledgers"), () => {
+			frappe.route_options = {
+				"item_code": frm.doc.item_code,
+				"serial_no": frm.doc.name,
+				"posting_date": frappe.datetime.now_date(),
+				"posting_time": frappe.datetime.now_time()
+			};
+			frappe.set_route("query-report", "Serial No Ledger");
+		}).addClass('btn-primary');
+	}
+})
\ No newline at end of file
diff --git a/erpnext/stock/doctype/serial_no/serial_no.json b/erpnext/stock/doctype/serial_no/serial_no.json
index ed1b0af30a66..b4ece00fe64e 100644
--- a/erpnext/stock/doctype/serial_no/serial_no.json
+++ b/erpnext/stock/doctype/serial_no/serial_no.json
@@ -269,7 +269,7 @@
    "in_list_view": 1,
    "in_standard_filter": 1,
    "label": "Status",
-   "options": "\nActive\nInactive\nExpired",
+   "options": "\nActive\nInactive\nDelivered\nExpired",
    "read_only": 1
   },
   {
@@ -280,7 +280,7 @@
  "icon": "fa fa-barcode",
  "idx": 1,
  "links": [],
- "modified": "2023-04-16 15:58:46.139887",
+ "modified": "2023-11-28 15:37:59.489945",
  "modified_by": "Administrator",
  "module": "Stock",
  "name": "Serial No",
diff --git a/erpnext/stock/report/serial_no_ledger/serial_no_ledger.py b/erpnext/stock/report/serial_no_ledger/serial_no_ledger.py
index 7212b92bb310..ae12fbb3e4f0 100644
--- a/erpnext/stock/report/serial_no_ledger/serial_no_ledger.py
+++ b/erpnext/stock/report/serial_no_ledger/serial_no_ledger.py
@@ -36,21 +36,27 @@ def get_columns(filters):
 			"fieldtype": "Link",
 			"fieldname": "company",
 			"options": "Company",
-			"width": 150,
+			"width": 120,
 		},
 		{
 			"label": _("Warehouse"),
 			"fieldtype": "Link",
 			"fieldname": "warehouse",
 			"options": "Warehouse",
-			"width": 150,
+			"width": 120,
+		},
+		{
+			"label": _("Status"),
+			"fieldtype": "Data",
+			"fieldname": "status",
+			"width": 120,
 		},
 		{
 			"label": _("Serial No"),
 			"fieldtype": "Link",
 			"fieldname": "serial_no",
 			"options": "Serial No",
-			"width": 150,
+			"width": 130,
 		},
 		{
 			"label": _("Valuation Rate"),
@@ -58,6 +64,12 @@ def get_columns(filters):
 			"fieldname": "valuation_rate",
 			"width": 150,
 		},
+		{
+			"label": _("Qty"),
+			"fieldtype": "Float",
+			"fieldname": "qty",
+			"width": 150,
+		},
 	]
 
 	return columns
@@ -83,12 +95,16 @@ def get_data(filters):
 				"posting_time": row.posting_time,
 				"voucher_type": row.voucher_type,
 				"voucher_no": row.voucher_no,
+				"status": "Active" if row.actual_qty > 0 else "Delivered",
 				"company": row.company,
 				"warehouse": row.warehouse,
+				"qty": 1 if row.actual_qty > 0 else -1,
 			}
 		)
 
-		serial_nos = bundle_wise_serial_nos.get(row.serial_and_batch_bundle, [])
+		serial_nos = [{"serial_no": row.serial_no, "valuation_rate": row.valuation_rate}]
+		if row.serial_and_batch_bundle:
+			serial_nos = bundle_wise_serial_nos.get(row.serial_and_batch_bundle, [])
 
 		for index, bundle_data in enumerate(serial_nos):
 			if index == 0:
diff --git a/erpnext/stock/serial_batch_bundle.py b/erpnext/stock/serial_batch_bundle.py
index da98455b5cbe..de28be1c3575 100644
--- a/erpnext/stock/serial_batch_bundle.py
+++ b/erpnext/stock/serial_batch_bundle.py
@@ -255,11 +255,15 @@ def set_warehouse_and_status_in_serial_nos(self):
 		if not serial_nos:
 			return
 
+		status = "Inactive"
+		if self.sle.actual_qty < 0:
+			status = "Delivered"
+
 		sn_table = frappe.qb.DocType("Serial No")
 		(
 			frappe.qb.update(sn_table)
 			.set(sn_table.warehouse, warehouse)
-			.set(sn_table.status, "Active" if warehouse else "Inactive")
+			.set(sn_table.status, "Active" if warehouse else status)
 			.where(sn_table.name.isin(serial_nos))
 		).run()