Accounts Groups

Gate way of tally> Account info> Group

Here you can see Create, Display, Alter
Groups are collection of Ledgers of the same nature.  Account Groups
are maintained to determine the hierarchy of Ledger Accounts which is
helpful in determining and presenting meaningful and compliant reports.

A. Create
 From this option you can create the any group of ledger for eg Bank, wholesaler
 Branch etc there is some group of ledger are already created in tally erp 9
 i.Name : name of the Group
 ii. alias : alternate name of group
 iii under : the categories where you want to place in
 iv. Group behaves like sub-ledger : This option will allow such Groups to behave
     as defined in the Master to act as equal to the behavior of Ledger.
  v. Nett Debit/Credit Balances for Reporting : Setting this option to Yes will
     display either the net debit or credit balance in the report (whichever is higher).
     If this is set to No, both debit and credit balances will be displayed in the report.
 vi. Used for Calculation (e.g. taxes, discounts): Set this option to Yes if ledgers under
     this group would have percentages for discounts/taxes to be used in invoice entry.
     This gets reflected while passing voucher entry in Invoice mode and for automatic
     calculations.
 vii. Method to allocate when used in purchase invoice : Select the appropriate allocation method
     from the list. This is used to allocate the expense of the Item in the ratio of the
     quantity or value.

B.You can display the Groups in Single mode or Multiple mode, since it is only display
  Tally.ERP 9 does not allow you to alter(edit) any information in display mode.

C. Alter : From this option you can alter the existing Groups