After creating company in Tally ERP9, you will need to create groups so
that it will be easy to view expenditures in specific fields. Groups are
created for all types of ledgers for convenience. Debtors groups are created to
view and ask for payment.
Suppose your if you want to tell you accountant to ask for
payment in Delhi, it will be easy if there exist a group Delhi and all the
parties of Delhi are under it. In this post I will post to create ledger groups
with some examples at the end.
To create ledger group, follow steps instructions:
- Open Tally ERP9.
- Go to select company.
- Scroll to your company name and hit enter key.
- Go to Account Info.
- Go to group section > create.
- You will see a form to create ledger group.
[Here you can create a category for ledgers. Suppose you want to create a group of ledger for Sundry Debtors who are from Delhi.]
Name: Enter the
name of group [Delhi].
Alias: Enter
alternative name for the group for convenience to search later.
Under: Here you
have to select Sundry Debtors.
- Enter the remaining field as you feel comfortable else leave default.
- Press enter to accept.
[If you want to create group for Sundry Creditor, Direct
Expenses, Indirect Expenses, Cash-in-hand, purchase etc. you have to select
respective category in under section.]
For Instance:
Group Name Under Ledgers
Showroom Expenses Indirect
Expenses Stationery, Snacks,
Commission
Purchase, Import Purchase
Accounts
Automobile Expenses Indirect
Expenses Bike servicing, Bike
repairing, Petrol
Delhi, Haryana Sundry
Debtors Raaz Electricals,
J.K.L Generals
Bangalore, Hubli Sundry
Creditor Kirloskar Oil,
Titagarh Agrico
Creating group can help to view ledgers based on location,
expenses or any other category. If you want to view the amount you have to
receive from a category you can directly check it selecting the group name in
Display > Account Books > Group Summary.
Updated: 23 December 2016
Updated: 23 December 2016