Accounting Ledgers

Gateway of tally >Accounting Info >ledgers

A Ledger is the actual account head to which you identify a transaction and must be used in

all Accounting Vouchers. Without a ledger we cannot record any transactions.

Ex: Purchase, payments, sales, Receipts, etc, all these accounts heads are ledger Accounts.

a. Create

  The creation of a Ledger depends on the features you have selected under

  F11: Features of your company and F12: Configure. You can create a single ledger

  account with the default options enabled.

 i.Name : name of the ledger you want to create

 ii. alias : alternative name of ledger

 iii. Under : the Group where you want to keep ledger

 iii. Inventory values are affected : Yes if the stock value are affect by the ledger other wise No

 iv mailing detail as you information

b.Display

 From this option you can view the ledger account of tally

C. Alter

 From this Option you can edit the ledger account which are previously created