Accounting - in Tally

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ramya (Querist)
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19 July 2011 Ours is a builders Co.Now having 3 running projects.How can treat these projects under one company.I also want to know project-wise P/L and the Co's P/L.Please help to create group and under what head.Iam a fresher in the field of Accounting.

Hope u will help me.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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19 July 2011 2 options are there

1. you can create cost centers for each project and while making entry enter through cost center

or

2. Create separate tally company for each project and consolidate by p&l and Balance sheet

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