Transfer Entries in tally

This discussion explains how to record financial transactions in Tally ERP9 when funds are transferred between a principal place of business and an additional place of business, both located in the same state and sharing the same GST number. The advice suggests treating the transfer as a sale/purchase without Input Tax Credit (ITC) if separate Tally accounts are maintained for each branch. Ultimately, these entries will net off when the company accounts are consolidated.