Tally gives us the facility to change your profit and loss account into income and expenditure account .
For this you have to change the setting of Feature button which your are seeing in the right side of tally . Click this button and
- then yes option of opening income and expenditure account instead of profit and loss account .
- After this you will see the button of profit and loss account will change .
- See full procedure in my given picture which is taken from tally 7.2 .