Tally Account Ledger Create

Tally Account Ledger Create 

Tally Ladger under group

Ladger Name	Under Group
Purchase Accounts	All types of Purchase Accounts like 12%, 8% etc., Purchase Return,
Sale Accounts	All types of Sales Accounts like 12%, 8% etc. , Sale Return, Sale
Direct Expenses OR Expenses(Direct)	Labor, Power, Electricity Expense (Factory), Loading Unloading Expense,  Warehousing Expenses, Custom Clearing Charges, Carriage,  Freight & Cartage, Import duty, Wages, Coal & Fuel, Coal, Gas & Water of Factory, Consumed Material, Export Duty, Wages on Production, Delivery Charges(In Purchase Bill)
Indirect Expenses OR Expense(Indirect)	Rounded Off, Salary, Advertisement Expense, Maintenance Expense, Rent Expense, Director Remuneration Expense, Bad Debts, Printing Expense, Stationary Expense, Foreign Exchange fluctuation, Audit Fees, Professional Charges, Legal Expenses/Charges, Depreciation Expenses, Interest Expense, Penalty, Royalty, Bank charges, Commission allowed, Discount allowed, Donation & charity, Free sample, Insurance premium, Interest on loan, Legal charge, Loss by fire, Postage & courier, Repair charge, Taxi fare, Telephone charge, Travelling expenses, Outstanding expenses, Accrued expenses, Bad debt, Loss on theft, depriciation, Coffee Expenses, Coke Expenses, Manager’s Commission, UPTT, Fuel Expenses A/c, Liability of Expenses, Preliminary Expenses A/c, Professional Fees
Indirect Income OR Income(Indirect)	Discount Received, Interest on Investment.
Direct Incomes OR Income(Direct)	Any Income from main service like Freight Charges Income, Delivery Charges Income, Transportation Charges Income, Professional Charges Income, Consultancy Charges Income, Maintenance Service Income,
Current Assets	Prepaid Maintenance Expense, Prepaid Expense, Prepaid Rent, Prepaid Insurance Charges, Interest Receivables, Bill receivable, Accrued income, Mutual Fund, CGST SGST IGST Credit
Fixed Assets	Furniture, Machine, Plant and Machinery, Mobile, Computers, Furniture and Fittings, Car, Scooter, Laptops, Office lighting, Land & Building, Good will, Factory lighting, Air Conditioner, Accumulated depreciation.
Current Liabilities	Bill drawn, Bill Payable, CGST SGST IGST Payable
Sundry Creditor	Any Party from Whom Goods Purchased
Sundry Debtors	Any Party to Whom Sales Made

 

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Ledger	Group
Opening stock	Stock in hand
Purchase	Purchase account
Purchase return	Purchase account
Fright charges	Direct expenses
Carriage inwards or Purchases	Direct expenses
Cartage and coolie	Direct expenses
Octroi	Direct expenses
Manufacturing wages	Direct expenses
Coal, gas, water	Direct expenses
Oil and fuel	D irect expenses
Factory rent, insurance, electricity, lighting and heating	Direct expenses
Sales	Sales account
Salary	Indirect expenses
Postage and telegrams	Indirect expenses
Telephone charges	Indirect expenses
Rent paid	Indirect expenses
Rates and taxes	Indirect expenses
Insurance	Indirect expenses
Audit fees	Indirect expenses
Interest on bank loan	Indirect expenses
Interest on loans paid	Indirect expenses
Bank charges	Indirect expenses
Legal charges	Indirect expenses
Printing and stationery	Indirect expenses
General expenses	Indirect expenses
Sundry expenses	Indirect expenses
Discount allowed	Indirect expenses
Carriage outwards or sales	Indirect expenses
Traveling expenses	Indirect expenses
Advertisement	Indirect expenses
Bad debts	Indirect expenses
Repair renewals	Indirect expenses
Motor expenses	Indirect expenses
Depreciation on assets	Indirect expenses
Interest on investment received	Indirect income
Interest on deposit received	Indirect income
Interest on loans received	Indirect income
Commission received	Indirect income
Discount received	Indirect income
Rent received	Indirect income
Dividend received	Indirect income
Bad debts recovered	Indirect income
Profit by sale of assets	Indirect income
Sundry income	Indirect income
Loan from others	Loan Liabilities
Bank loan	Loan  Liabilities
Bank overdraft	Bank OD
Bills payable	Current Liabilities
Sundry creditors	Sundry creditors
Mortgage loans	Secured loans
Expense outstanding	Current Liabilities
Income received in advance	Current Liabilities
Other liabilities	Current  Liabilities
Capital	Capital account
Drawings	Capital account
Cash in hand	Cash in hand
Cash at bank	Bank account
Fixed deposit at bank	Deposit
Investments	Investments
Bills receivable	Current asset
Sundry debtors	Sundry debtors
Closing stock	Stock in hand
Stock of stationery	Current asset
Loose tools	Fixed asset
Fixtures and fittings	Fixed asset
Furniture	Fixed asset
Motor vehicles	Fixed asset
Plant and machinery	Fixed asset
Land and building	Fixed asset
Leasehold property	Fixed asset
Patents	Fixed asset
Goodwill	Fixed asset
Prepaid expenses	Current asset
Income outstanding	Current assset