Tally Ledger and their Group
When we create ledger in tally so they have their groups. like we saprate all the ledger by their group so that all type of expense and income will be together. All income will lo income group and the expenses will go with Expense group. It is the way to saprate the income and the expenses.
When we create ledger in tally so they have their groups. like we saprate all the ledger by their group so that all type of expense and income will be together. All income will lo income group and the expenses will go with Expense group. It is the way to saprate the income and the expenses.
Accounts
Name
|
Groups
|
Cash
|
Cash in Hand
|
Bank Overdraft
|
Bank OD
|
Bombay Branch
|
Branch & Division
|
Branch & Division
|
|
Capital
|
Capital Account
|
Drawing
|
Capital Account
|
House Rent
|
Capital Account
|
Income Tax
|
Capital Account
|
LIC Premium (Dr)
|
Capital Account
|
LIC Refund (Cr)
|
Capital Account
|
Life Insurance
|
Capital Account
|
Personal Expenses
|
Capital Account
|
Current
Assets
|
|
Accrued Income
|
Current Assets
|
Accrued Rent/ Accrued
Income
|
Current Assets
|
Bills Receivable
|
Current Assets
|
Bonds
|
Current Assets
|
Consignment Stock
|
Current Assets
|
Deferred Expenses
|
Current Assets
|
FDR
|
Current Assets
|
Hundi (Assets)
|
Current Assets
|
Prepaid Expenses
|
Current Assets
|
Stock of Material
|
Current Assets
|
Current Liabilities
|
|
Advertisement Payable
|
Current Liabilities
|
Bills Payable
|
Current Liabilities
|
Deferred Income
|
Current Liabilities
|
Depreciation Reserve
|
Current Liabilities
|
General Reserve
|
Current Liabilities
|
Hundi (Liability)
|
Current Liabilities
|
Outstanding Expenses
|
Current Liabilities
|
Provision for Office
Expenses
|
Current Liabilities
|
Rent Payable
|
Current Liabilities
|
Salary Payable
|
Current Liabilities
|
Tea Exp. Payable
|
Current Liabilities
|
Unearned Income
|
Current Liabilities
|
VAT Payable
|
Current Liabilities
|
Direct Expenses
|
|
Carriage
|
Direct Expenses
|
Coal & Fuel
|
Direct Expenses
|
Coal, Gas & Water
of Factory
|
Direct Expenses
|
Consumed Material
|
Direct Expenses
|
Coolage
|
Direct Expenses
|
Expenses on Purchases
|
Direct Expenses
|
Factory Expenses
(Lighting, Power etc.)
|
Direct Expenses
|
Freight
|
Direct Expenses
|
Freight Inward
|
Direct Expenses
|
Freight on Purchase
(Freight Inward)
|
Direct Expenses
|
Fuel & Power of
Factory
|
Direct Expenses
|
Gas and Water
|
Direct Expenses
|
Import Duty
|
Direct Expenses
|
Manufacturing Expenses
|
Direct Expenses
|
Octroi
|
Direct Expenses
|
Oil
|
Direct Expenses
|
Power & Fuel
|
Direct Expenses
|
Production Wages
|
Direct Expenses
|
Rent on Purchase
|
Direct Expenses
|
Train Freight &
Rent
|
Direct Expenses
|
Wages
|
Direct Expenses
|
Wages on Production
|
Direct Expenses
|
Direct Incomes
|
|
Apprentice Premium
|
Direct Incomes
|
Factory Incomes
|
Direct Incomes
|
Input CGST, SGST, IGST
|
Duties & Taxes
|
Output CGST, SGST, IGST
|
Duties & Taxes
|
Fixed Assets
|
|
Air Conditioner
|
Fixed Assets
|
Building
|
Fixed Assets
|
Car
|
Fixed Assets
|
Computer
|
Fixed Assets
|
Factory
|
Fixed Assets
|
Farm House
|
Fixed Assets
|
Furniture &
Fitting
|
Fixed Assets
|
Furniture &
Fixture
|
Fixed Assets
|
Goodwill
|
Fixed Assets
|
Horse & Carts
|
Fixed Assets
|
Land & Building
|
Fixed Assets
|
Loose Tools
|
Fixed Assets
|
Machine & Tools
|
Fixed Assets
|
Motor Cycle
|
Fixed Assets
|
Plant & Machine
|
Fixed Assets
|
Purchase of New Land
|
Fixed Assets
|
Refrigerator
|
Fixed Assets
|
Scooter
|
Fixed Assets
|
Shop
|
Fixed Assets
|
Showroom / Shop
|
Fixed Assets
|
Typewriter
|
Fixed Assets
|
Indirect
Expenses
|
|
Advertisement Expenses
|
Indirect Expenses
|
Audit Fees
|
Indirect Expenses
|
Bad Debts
|
Indirect Expenses
|
Bank Commission
|
Indirect Expenses
|
Car Expenses
|
Indirect Expenses
|
Car Repair
|
Indirect Expenses
|
Carriage on Sales
|
Indirect Expenses
|
Coffee Expenses
|
Indirect Expenses
|
Coke Expenses
|
Indirect Expenses
|
Commission (Dr.)
|
Indirect Expenses
|
Depreciation
|
Indirect Expenses
|
Discount (Dr) /
Discount Allowed
|
Indirect Expenses
|
Donation
|
Indirect Expenses
|
Electricity Expenses
|
Indirect Expenses
|
Expenses on Sales
|
Indirect Expenses
|
Export Duty
|
Indirect Expenses
|
Fire Insurance
|
Indirect Expenses
|
Forex Gain Loss
|
Indirect Expenses
|
Freight on Sale
(Freight Outward)
|
Indirect Expenses
|
Freight Outward
|
Indirect Expenses
|
General Expenses
|
Indirect Expenses
|
Godown Rent
|
Indirect Expenses
|
Insurance
|
Indirect Expenses
|
Interest (Dr.)
|
Indirect Expenses
|
Interest on Capital
|
Indirect Expenses
|
Interest on Loan
|
Indirect Expenses
|
Labour Charges
|
Indirect Expenses
|
Legal Expenses
|
Indirect Expenses
|
Loss By Damage
|
Indirect Expenses
|
Loss by Fire
|
Indirect Expenses
|
Loss in Transit
|
Indirect Expenses
|
Loss on Assets
|
Indirect Expenses
|
Loss on Joint Venture
|
Indirect Expenses
|
Machine Repair
|
Indirect Expenses
|
Manager’s Commission
|
Indirect Expenses
|
Miscellaneous Expenses
|
Indirect Expenses
|
Motor Cycle Repair
|
Indirect Expenses
|
Office Expenses
|
Indirect Expenses
|
Packing Exp.
|
Indirect Expenses
|
Pan and Tea Expenses
|
Indirect Expenses
|
Petrol Expenses
|
Indirect Expenses
|
Postage & Telegram
|
Indirect Expenses
|
Printing &
Advertisement
|
Indirect Expenses
|
Printing &
Stationery
|
Indirect Expenses
|
Printing, Papers &
Advertisement
|
Indirect Expenses
|
Provision for Bad
Debts
|
Indirect Expenses
|
Provision for Discount
on Debtors
|
Indirect Expenses
|
Rates & Taxes
|
Indirect Expenses
|
Refreshment Expenses
|
Indirect Expenses
|
Rent
|
Indirect Expenses
|
Rent & Tax
|
Indirect Expenses
|
Repair &
Renovation
|
Indirect Expenses
|
Salary
|
Indirect Expenses
|
Salary & Wages
|
Indirect Expenses
|
Shop Expenses
|
Indirect Expenses
|
Shop Rent
|
Indirect Expenses
|
Showroom Repair
|
Indirect Expenses
|
Stable Expenses
|
Indirect Expenses
|
Stamp & Postage
|
Indirect Expenses
|
Stationery
|
Indirect Expenses
|
Tea or Coffee Expenses
|
Indirect Expenses
|
Telephone Expenses
|
Indirect Expenses
|
Telephone Securities
|
Indirect Expenses
|
Trade Expenses
|
Indirect Expenses
|
Travelling Expenses
|
Indirect Expenses
|
Vehicle Repair
|
Indirect Expenses
|
Indirect income
|
|
Fitting Charges
Received
|
Indirect Incomes
|
Bad Debts Received
|
Indirect Incomes
|
Bad Debts
Reserve (last year balance)
|
Indirect Incomes
|
Commission (Cr.) /
Commission Received
|
Indirect Incomes
|
Discount (Cr.) /
Discount Received
|
Indirect Incomes
|
Income From Repair
|
Indirect Incomes
|
Income on Assets
|
Indirect Incomes
|
Income on Investments
|
Indirect Incomes
|
Insurance Claim
|
Indirect Incomes
|
Interest on Drawing
|
Indirect Incomes
|
Interest Received (Cr.)
|
Indirect Incomes
|
Miscellaneous Income
|
Indirect Incomes
|
Profit on Consignment
|
Indirect Incomes
|
Profit on Jointventure
|
Indirect Incomes
|
Provision for Discount
on Creditors
|
Indirect Incomes
|
Rent Received
|
Indirect Incomes
|
Repairing Charges
Received
|
Indirect Incomes
|
Investment
|
|
Invest in Govt. Bond
|
Investment
|
Investment
|
Investment
|
Master Plus
|
Investment
|
Mutual Fund
|
Investment
|
Shares / Bonds
|
Investment
|
Loans & Liabilities
|
|
Bank Loan
|
Loans &
Liabilities
|
Loan on Mortgage,
Loans
|
Loans & Liabilities
|
Purchase
|
Purchase Account
|
Purchase Return
(Return outword)
|
Purchase Account
|
Sales Account
|
|
Goods Sent on
Consignment
|
Sales Account
|
Sales
|
Sales Account
|
Sales Return (Return
inward)
|
Sales Account
|
Closing Stock
|
Stock in Hand
|
Opening Stock
|
Stock in Hand
|
Creditors (Purchase
goods in credit)
|
Sundry Creditors
|
Debtors (Sale goods in
credit)
|
Sundry Debtors
|
Suspense Account
|
|
1 comment:
very informative
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