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Hello Everybody I need to maintain branch accounts for my company. The HQ has 3 branches, each handling sales on their own. The expenses are borne by HQ. How should I do the following, in tally? 1. Book sales, expenses etc , brach wise? 2. Be able to pull out branch wise P&L, Balance sheet? 3. Show consolidated revenues/ expenses in the HQ Books? I use Tally ERP. Appreciate a quick response.
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| Originally posted by :Rajalakshmi | ||
| " | Hello Everybody I need to maintain branch accounts for my company. The HQ has 3 branches, each handling sales on their own. The expenses are borne by HQ. How should I do the following, in tally? 1. Book sales, expenses etc , brach wise? 2. Be able to pull out branch wise P&L, Balance sheet? 3. Show consolidated revenues/ expenses in the HQ Books? I use Tally ERP. Appreciate a quick response. Thank you |
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Hi Rajalakshmi,
I think its better to maintain separate companies like
Head office
Branch 1, Branch 2, Branch 3..
to get consolidated figures of final accounts you can just create a Group company.
With regards,
Subramanya
Hi Rajalakshmi,
I think Cost Center will Help You in this Matter.
Vardhaman Group of India
Pimpri Chinchwad
CA Inter
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Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
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CAclubindia
