Type search words and press enter
To ensure error-free GST compliance TallyPrime Release 2.0 provides online validation of GSTIN and HSN. Click here to download!

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