Concern for proprietorship in tally

A/c entries 2620 views 4 replies

Hello,

I want to segregate Personal Bank Account and Current Account of Sole Propritorship Business in Tally ERP 9.  If I enter personal bank account entries in tally it gets refelected in balancesheet of busiess account which I do not want.  

So how to segregate both accounts under one roof in tally?

Thanks

Replies (4)

No chance.

those are personal transactions. can not possible.

Thanks for your answer...so should I prepare a new account of that person or should I enter only closing balance of savings bank account in the business balance sheet at the end of the year...if I do so there will be difference in amounts at the end of the year and I don't want to increase firm's capital Thanks in advance

while preparation of Balance sheet, you need to disclose only your organisation bank balances only. 

no need to disclose your personal bank info.

There are pre-defined Ledger Groups available in Tally.ERP 9 Account Software to create the almost all financial Ledgers likewise for creating Savings or Current Bank Account Ledgers for SBI, ICICI, Axis, Andhra Banks also we have a Ledger Group named Bank Accounts.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details