How to create Ledgers in Tally ER9
Follow the complete steps below to create a ledger in Tally ERP 9.
1. Open the program Tally ERP 9
2. Create a company. Read how to create a company in Tally ERP 9.
4. Now select the Ledgers option and then select the Create under Single Ledgers, see the screenshots 1&2 below.
|Ledger Account||Group Account|
|Capital account||Capital account|
|Furniture account||Fixed assets|
|Machinery account||Fixed assets|
|Purchase accounts||Purchase accounts|
|Sales accounts||Sales accounts|
|Return inward||Sales accounts|
|Return outward||Purchase accounts|
|Cash in hand||Current assets|
|Bank accounts||Bank accounts|
|Carriage inward||Indirect expenses|
|Carriage outward||Indirect expenses|
|Discount received||Indirect incomes|
|Discount allowed||Indirect expenses|
|Commission paid||Indirect expenses|
|Rent paid||Indirect expenses|
|Rent received||Indirect income|
|Outstanding salary||Current liability|
|Bill receivable||Current assets|
|Bill payable||Current liability|
That’s all about the creation of Ledgers in Tally ERP 9. In times of creating a ledger, you must have to remember the respected Group of the particular ledger.