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Displaying Sales Register with Profitability

Tally.ERP 9 provides product-wise and invoice-wise profitability. It calculates gross profits for each invoice based on the Transaction Value and Cost. Gross profit is the difference between sales value and Cost.

To display invoice-wise profitability

1.    Display the Sales Voucher Register for a particular period by drilling down a month and change the period if required.

2.    Select F7: Show Profit or activate the option Show Gross profit estimates to Yes in F12: Configure.

The report now displays each invoice with:

o     Transaction Value - Invoice value including taxes

o     Gross Revenue – Actual sale value minus taxes

o     Cost – Book cost of the product

o     Gross Profit – Amount of profit or loss on the sale