Offline GST Accounting Software
Insert Opening Stock and Closing Stock value into the "Insert Box". You can calculate according to your method with the help of "Stock Item Summary" and "Stock Details".
Select Accounting Period, then Click on View.
You can also transfer Net Profit/Loss to Capital Account by Click on "Profit/Loss Transfer to Capital Account" in Balance Sheet.
It should be transferred at the beginning of next Financial Year.
For more details please watch this video:
Let's make Accounts Easy!