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How to Create, Display, Alter and Delete Ledgers in Tally ERP9

Creation of Ledgers in Tally ERP9

 

Once you have created a company in Tally then the preliminary step is creation of ledgers and groups to start recording of daily business transactions in Tally.ERP9.

 

A ledger is the account head to identify the transaction and you can use ledgers in all accounting vouchers like, sales, purchase, receipt, payment, contra and journal.

 

 

 

Ledgers Creation

 

Path: Gateway of Tally -> Accounts Info -> Ledgers -> Create (Single Ledgers)

 

Ledger Name: Telephone Expenses

 

 

Under: Indirect Expenses

 

Opening Balance: Not applicable for P&L items

 

Press Enter to save the screen

 

 

Ledger Name: Conveyance Expenses

 

 

Under: Indirect Expenses

 

Opening Balance: Not applicable for P&L items

 

Press enter to save the screen

 

 

 

Ledger Name: Inter-State Sales@18%

 

 

Under: Sales Accounts

 

Is GST Applicable: Applicable

 

Set/alter GST details: Yes, once enable this option the below screen will appear

 

Type of supply: Goods

 

 

 

Nature of transaction: Interstate sales taxable

 

Taxability: Taxable

 

Set the GST rate

 

Press Enter to save the screen

 

 

Displaying Ledger

 

You can able to see created ledgers by using the below path, but you cannot change anything in this display mode.

 

Path: Gateway of Tally -> Accounts Info -> Ledgers -> Display (Single Ledgers)

 

Click on display and select the ledger account from the list of ledgers.

 

 

 

 

Ledger Alteration

 

Path: Gateway of Tally -> Accounts Info -> Ledgers -> Alter (Single Ledgers)

 

Click on Alter

 

 

 

How to delete ledger in Tally

 

You can delete any ledger in Tally, if balance does not exist in that particular ledger.

 

Path: Gateway of Tally -> Accounts Info -> Ledgers -> Alter (Single Ledgers)

 

 

During the above ledger alteration screen press Alt+D to delete the ledger account.

 

 

 

Multiple Ledgers Creation

 

One of the best features in Tally is multiple ledger creation, it is very useful and time saving option.

 

Example, you can easily create many creditor ledgers under sundry creditors group, but you cannot create ledgers related to another group in the same screen. If you want to create various ledgers on the same screen, then select under group as all items.

 

Path: Gateway of Tally -> Accounts Info -> Ledgers -> Create (Multiple Ledgers)

 

 

 

Select the group from the list of groups “Sundry Creditors”

 

Enter the name of ledger

 

Press enter to save the screen

 

If you want to create various ledgers under different groups select under group as “all items”

 

 

Under group: Select All Items

 

Enter the name of ledger one by one and select under respected group

 

Press enter to save the screen

 

 

 

Displaying Multiple Ledgers

 

Path: Gateway of Tally -> Accounts Info -> Ledgers -> Display (Multiple Ledgers)

 

Under Group: Select Sundry Creditors

 

 

 

Altering Multiple Ledgers

 

Path: Gateway of Tally -> Accounts Info -> Ledgers -> Alter (Multiple Ledgers)

 

Example, You have created Pavan Traders under sundry creditors group instead of sundry debtors. Now you can change the group from sundry creditors to sundry debtors.

 

 

Press Enter to save the screen

 

 

 

 

Related Topics

 

How to Create, Display, Alter and Delete Group in Tally ERP9

 

Contra Voucher in Tally ERP9

 

Payment Voucher in Tally ERP9

 

 

 

 

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  • What is Tally ERP9
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  • List of Ledgers and Groups in Tally ERP9
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  • Sales Voucher in Tally ERP9
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  • Recording of GST Intrastate Sales in Tally ERP9
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