Without creating a group company, you can compare the Balance Sheets of multiple companies. You can consolidate the balances of multiple companies by creating a group company.
Similarly, you can compare other reports, such as Profit & Loss A/c , Stock Summary , Ratio Analysis , Trial Balance , Sales Register , Purchase Register , Group Summary , of one company with the reports of other companies without creating a group company.
To compare the Balance Sheet of multiple companies
1. Load both the companies in Tally.ERP 9.
2. Go to the Balance Sheet
3. Press Alt+C to create a new column.
4. Select the company with which you want to compare the report.
The screen appears as shown below:
You can also press Alt+N and select the company to display a comparative report of all the companies loaded in Tally.ERP 9.
To view the accounts of individual companies belonging to the same management, you can create a group company to consolidate and present a single financial report. You can view the performance of the group as a whole when required.
For the group company, consolidated balances can be viewed for Balance Sheet , Profit & Loss A/c , Stock Summary , Ratio Analysis , Trial Balance , Cash/Funds Flow , Receipts and Payments .
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