M purchase shares form xyz company
Of c company qty of shares 100 of 200 Rupees each = amt 20000/-
Of b company qty of shares 200 of 200 Rupees each = 40000/-
Of m company qty of shares 200 of 200 Rupees each = 40000 /-
And sells the shares of
Of c company qty of shares 45 of 210 Rupees each = 9450 /-
Of b company qty of shares 215 of 225 Rupees each = 48375 /-
How to enter this transition in tally using stock option
And book the profit for the same
Vedant Agarwal
(Chartered Accountant)
(46 Points)
Replied 18 October 2010
You have to create a company with the option "Accounts with inventory".
Create the items by the name of co say "b", "c".
then pass purchase entry for purchase and sale entry for sales.
Tally will automatically book the profit.
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