The value of purchases or sales and the consignment/branch transfers can be bifurcated and captured in Profit & Loss Account. This can be done by creating the user-defined Account group under Primary by selecting the relevant Nature of Group and enabling the option - Does it affect Gross Profits. This grouping under user-defined group does not affect the reflection of values in state specific VAT forms.
The Profit & Loss Account with Accounts Groups provided and Tally.ERP 9 and the user defined groups for Stock transfers displays as shown:
'Sales & Stock Transfers in P&L A/c' has been shared with
