Jun 11, 2024
Account information in tally, account info in tally
Accounts Information (Info)
The accounts information lists
accounting masters like groups, ledgers and voucher types with which you can
provide company's account details. Accounts information provides:
● Single master option to work with one master at a time.
● Multiple
masters option to work with many sub-masters at a time. A sub-master behaves
exactly like a master.
To view the menu options, go
to Gateway of Tally > Accounts Info. Accounts
information for ledgers, groups or voucher have the following functions:
|
Function
|
Description
|
|
Create
|
To create new
masters.
|
|
Display
|
To view the m aster information. Master
information cannot be modified in the display mode.
|
|
Alter
|
To view and make changes to the master
information. You cannot create masters in the alter mode.
|
Groups
The group is a collection of ledgers of the same natures. Tally software
automatically creates 28 groups that are used in the account chart. Out of 28
predefined groups in tally, primary groups are 15, and the sub-groups are 13.
In this
section you can create or modify the Group names. More than 28 that you can
create extra groups, You can create.
To create
groups Follow the below steps
Gateway
of Tally> Accounts info> Groups > Create
How to
Display Group in Tally
In Tally ERP 9, after
creating the group, we can display all the created groups in detail. However,
users are not allowed to edit/alter the data in display mode.
Step 1: Use the following
path to display groups in Tally.
Gateway
of Tally → Accounts Info → Groups
Step 2: Under Single
Group, click on the option display to display groups in Tally.
Ledger:- A ledger is the actual account head to
identify your transactions and are used in all accounting vouchers. For
example, purchase, payments, sales, receipts, and others accounts heads
are ledger accounts. Without a ledger, you cannot
record any transaction.
Tally automatically creates two ledger accounts,
i.e., Profit & Loss account and Cash in Hand account. As per the
requirements of the organization, we can create the ledger accounts. In Tally,
we cannot create the same ledgers.
Voucher
types
Use this
section you can able to make set the voucher number as manual numbers or as
your own design
to Alter
or create the voucher types ……
Gateway
of tally > Accounts Info> Voucher Types > Create
Select
the create for create the new voucher type
Select alter for alter the existing voucher type
