Ledger is a book that is used to store detail of each account. It is
actual account heads to which transaction is identified.
1. When user creates a company, at that time
very first user creates different ledgers.
2. When user wants to create single ledger
account of different group then user must select single ledger option.
3. But if user wants to create different
accounts of same group then user must select multiple ledger options.
For creating ledger user follows following steps.
i. From Gateway of Tally, select Account info.
ii. Then select Ledger option, as user wants to
create ledger.
iii. If user wants to create single ledger means
each account of different groups then select create option of single ledger.
iv. No Tally shows data entry screen for ledger.
Now enter name of Ledger account to be created and alias of account, opening
balance and group of that account.
v. If user wants to create different accounts of
the same group then user must select create option of multiple ledgers.
vi. In this option, first Tally ask to enter name
of the group. Then enter the list of all accounts of that group with the
opening balance. For example stationery a/c, salary a/c, travelling a/c all
falls under the group ‘Indirect Expenses’.
vii. If user want to create various ledger
accounts under various groups then select all item in the under group field.