Tally erp 9

This query is : Resolved

Share Report Follow Query Ask a Query

Sujaykumar

Sujaykumar (Querist)
Follow

24 January 2012 What are the Ledgers in Tally ERP9?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

24 January 2012 What is the query?..

Aashok Kumar Sharma online

Aashok Kumar Sharma online

(Expert)
Follow

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!

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

rana andcompany

MAYUR

Tanuj Kumar Sharma

Aravind S

UPENDRAN YADAV

Subscribe Now

Tally erp 9

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA