Tally closing stock
This query is : Resolved
19 July 2014
how to enter closing stock in profit and loss. not maintains inventory. maintaining accounts only. my profit and loss account show gross loss . how to feed closing stock
19 July 2014
u can set up opening and clsoing stock in tally
21 July 2014
Closing stock is not part of P&L.
you consider the difference of Closing stock - Opening Stock in P&L.
if difference in positive that is gain, if it is negative it is loss.
you consider the difference of Closing stock - Opening Stock in P&L.
if difference in positive that is gain, if it is negative it is loss.
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