We know how to create ledger in tally erp 9 with our earlier tutorials. Here we will learn what is single ledger creation and multiple ledger creation. As we know tally give us plenty of options for fulfilling the requirement of various business needs and making it user friendly and to speed up […]
Creating Ledgers in Normal Mode
You can create ledger in normal mode and advance mode in tally erp 9. Normal mode or simple mode ledger creation refers to the ledger creation with minimal options. Where as advance ledger creation refers to ledger with many options like multi currency, bill-wise details, Cost centres interest calculation etc. Each and every company in […]
Creating Ledgers with Advanced Entries
Your F11: Features and F12: Configure settings for a company defines the ledger creation. To create a ledger in the advanced mode Enable the following features in F1:Account under F11:Features: Allow multi-currency Maintain bill-wise details Maintain cost centres Activate interest calculation Enable F12: Configure option Allow advanced entries in masters in the Ledger Configuration screen. […]
Creating Purchase and Sales Ledgers
Purchase or sales ledgers are required for trading, repacking or in manufacturing products. Sales and purchase account groups are revenue accounts and are used in the profit and loss account. To create a purchase/sales ledger Go to Gateway of Tally > Accounts Info. > Ledgers > Create The Ledger Creation screen appears as shown below: […]
Creating Expenses and Income Ledgers
To create an expense and Income ledger 1. Go to Gateway of Tally > Accounts Info. > Ledgers > Create. 2. Enter the name of the ledger in the Name field. 3. Select Indirect Expenses from the List of Groups in the Under field. Note: Select Indirect Income from the List of Groups if you want to create an […]