The need of creating a ledger is arises when data are recorded in a systematic way. So, tally software plays a very important role for this purpose. Whenever any need arises then any user can check it any time. The main aim of creating a ledger is that some expenses, losses incomes, gains are incurred in business. so, proper items are recorded in ledger.
Ledger creation:
Gateway of tally -->account info. -->ledger creation
Then two options are shown:
- Single ledger
- Multiple ledger
Then click on single ledger and create it.
Creation: when you click on create button then page will be opened. All the necessary information like name, alias, under, option will be filled.
Why need arise for ledger creation:
Its need arise because when any person start any business like spare parts, manufacturing co, mills, any company then some expenses incurred .then in such circumstances for maintain proper record ledger is very necessary. Because ledger can records all the data in a systematic way.
Various options:
Name: Fill the name of the account in tally. ERP9. Full name are entered for ledger creation. No duplicate entry can create.
Alias: It is just like a nick name. Enter the alias name if you want.
Under: Various accounts can be created in ledger creation. For this account group are selected under list of groups. Whenever any group is not applicable then it can be created acc. to transaction.
With this shortcut: ALT+C
Display: after create a ledger when you want to see the ledger entry then press display and you can see the create entry.
Alter: when you want delete any entry then click on alter, select those entry you want to delete the entry & ALT+D then enter.
By default two entries in list of ledger group:
- Cash
- Profit and loss
Note: At the time of ledger creation, some of the entry like, cash, profit and loss, stock, related transaction are not posted.