Jun 11, 2024
what is ledger? what is ledger in tally? how to create ledger?, how to create single ledger? how to create multiple ledger in tally?
What is 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.
How to create
ledger account in Tally ERP 9
Path:
Gateway of Tally –> Accounts Info –> Ledgers –> Single Ledger –>
Choose Create
Step
1: From Gateway of Tally Screen, click on accounts info
Step 2: In
the next screen, choose “Ledger”
Step 3: In the
next ledger screen, choose the option create under single ledger
Step 4: On ledger creation screen, update the
following details
§ Name: Enter the name of
ledger account, and the name should be unique.
§ Under: Choose the group
name from list of group, that pertains to ledger account.
§ AcceptèYes
How
to display Single Ledger in Tally?
After
creation of single ledger account in Tally, you view the details of ledger by
choosing the option display. Refer below steps how to display single ledger
Path: Gateway
of Tally –> Accounts Info –> Ledgers –> Single Ledger –> Choose
Display
