Tally erp 9
This query is : Resolved
Sujaykumar
(Querist)
24 January 2012
What are the Ledgers in Tally ERP9?
CMA Ramesh Krishnan
(Expert)
24 January 2012
What is the query?..
26 July 2025
Great question! Here’s a simple explanation:
### What are Ledgers in Tally ERP 9?
**Ledgers** are individual accounts where all financial transactions related to a particular head are recorded. They are the basic building blocks of accounting in Tally ERP 9.
---
### More detailed explanation:
* **Ledger Account** represents a person, company, asset, expense, income, liability, or any item for which you want to maintain accounts.
* For example:
* **Cash Account**
* **Bank Account**
* **Sundry Debtors (Customers)**
* **Sundry Creditors (Suppliers)**
* **Sales Account**
* **Purchase Account**
* **Salary Account**
* **Electricity Expense**
* Ledgers are created under **Groups** (like Assets, Liabilities, Expenses, Income).
* When you make entries like sales, purchases, payments, or receipts, amounts are posted to the relevant ledger accounts.
---
### How to create a Ledger in Tally ERP 9:
1. Go to **Gateway of Tally > Accounts Info > Ledgers > Create**
2. Enter the **Ledger Name**
3. Select the **Group** under which the ledger should be created (e.g., Bank Accounts, Sundry Debtors, Direct Expenses)
4. Fill any other details if required (like opening balance, GST details, etc.)
5. Save the ledger.
---
### Summary:
* Ledgers are accounts where you record all financial transactions.
* They classify financial information in your books.
* Ledgers help in preparing financial statements and reports.
---
If you want, I can help you with examples or steps to create specific ledgers in Tally. Just ask!
### What are Ledgers in Tally ERP 9?
**Ledgers** are individual accounts where all financial transactions related to a particular head are recorded. They are the basic building blocks of accounting in Tally ERP 9.
---
### More detailed explanation:
* **Ledger Account** represents a person, company, asset, expense, income, liability, or any item for which you want to maintain accounts.
* For example:
* **Cash Account**
* **Bank Account**
* **Sundry Debtors (Customers)**
* **Sundry Creditors (Suppliers)**
* **Sales Account**
* **Purchase Account**
* **Salary Account**
* **Electricity Expense**
* Ledgers are created under **Groups** (like Assets, Liabilities, Expenses, Income).
* When you make entries like sales, purchases, payments, or receipts, amounts are posted to the relevant ledger accounts.
---
### How to create a Ledger in Tally ERP 9:
1. Go to **Gateway of Tally > Accounts Info > Ledgers > Create**
2. Enter the **Ledger Name**
3. Select the **Group** under which the ledger should be created (e.g., Bank Accounts, Sundry Debtors, Direct Expenses)
4. Fill any other details if required (like opening balance, GST details, etc.)
5. Save the ledger.
---
### Summary:
* Ledgers are accounts where you record all financial transactions.
* They classify financial information in your books.
* Ledgers help in preparing financial statements and reports.
---
If you want, I can help you with examples or steps to create specific ledgers in Tally. Just ask!
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