creating ledger account for sundry creditor & sundry debtors in Tally prime
sundry creditors
To create a ledger account for sundry creditors in Tally Prime, you can follow these steps:
1. Open Tally Prime and select the company for which you want to create the sundry creditor ledger.
2. Go to the "Gateway of Tally" and navigate to "Masters".
3. Under "Masters," select "Ledgers" and then choose "Create" (or press `C` on your keyboard).
4. Under "list of masters," select "Ledger" and then choose to "Create"
5. In the "Ledger Creation" screen, you'll see a series of fields to fill out. Provide the following details:
- Name: Enter the name of the sundry creditor ledger, for example, "Sundry Creditor - XYZ" (replace XYZ with the actual creditor name).
- Under: Select the appropriate group under which you want to categorize the sundry creditor. Usually, it falls under "Sundry Creditors" or "Accounts Payable."
- Inventory values are affected: Choose "No" if you don't want to track inventory values for this ledger.
- Maintain balances bill-by-bill: Select "No" if you don't want to maintain bill-wise details for this ledger.
- Is a TDS/TCS Taxable Party: Set this option based on the taxation requirements for the creditor.
- Use for interest calculation: Choose "No" unless interest calculation is required.
6. After entering all the necessary details, press `Enter` or click on "Accept" to save the ledger account.
That's it! You have successfully created a ledger account for the sundry creditor in Tally Prime. You can repeat these steps to create ledger accounts for other sundry creditors as well.
Sundry debtors
To create a ledger account for sundry debtors in Tally Prime, you can follow these steps:
1. Open Tally Prime and select the company for which you want to create the sundry creditor ledger.
2. Go to the "Gateway of Tally" and navigate to "Masters".
3. Under "Masters," select "Ledgers" and then choose "Create" (or press `C` on your keyboard).
4. Under "list of masters," select "Ledger" and then choose to "Create"
5. In the "Ledger Creation" screen, you'll see a series of fields to fill out. Provide the following details:
- Name: Enter the name of the sundry debtor ledger, for example, "Sundry Debtor - ABC" (replace ABC with the actual debtor's name).
- Under: Select the appropriate group under which you want to categorize the sundry debtor. Usually, it falls under "Sundry Debtors" or "Accounts Receivable."
- Inventory values are affected: Choose "No" if you don't want to track inventory values for this ledger.
- Maintain balances bill-by-bill: Select "No" if you don't want to maintain bill-wise details for this ledger.
- Use for interest calculation: Choose "No" unless interest calculation is required.
6. After entering all the necessary details, press `Enter` or click on "Accept" to save the ledger account.
That's it! You have successfully created a ledger account for the sundry debtor in Tally Prime. You can repeat these steps to create ledger accounts for other sundry debtors as well.
Comments
Post a Comment