Client Creation for Multi Division Clients
No. of Divisions / Profit Allocation
1. In case multiple Books of Accounts (Tally Data) maintained by the client for different divisions, user may select 'Multi Division' option while creating the client;
2. Enter the details of each sub-division of the client - one of the division to be marked as Head Office and all others as Branch Office;
3. Profit allocation method -
A-Select 'Transfer division profit to parent' option if you wish to transfer the branch profit to Head Office.
B- Select 'Allocate division profit to division' option if you wish to retain the branch profit in the branch books - in which case, profit of the respective branch will be retained as reserves and surplus in respective branches