Setting up tally for personal accounting

Bank SB accounts - BANK            2) Bank FD accounts -Deposits    3) Cash account-CASH  4) Credit card- Current Liabilities 5) Loans taken from friends -Unsecured Loans( money borrowed) 6) Loans given to friends (money lended) - Loans & Advances7) Expenses related to my new house construction ( purchase of materials, labor etc)- Capital Group (it is not Personal Exps) 8) Purchases -Purchases ( Other than Consumables & Personal Use / Assets)9) Telephone/Internet bill payments- Indirect Expenses- Telephone,Mobile & Internet  10) Expenses related to Car ( would like to get categorized like Fuel, Maintenance, Taxes I vehcle Maintenance , Insurance Vehicle - under Separate  Insurance Head etc.) 11)  Insurance (Mediclaim, Life, Automobile) If it is Employees in P&L , If it is Personal Under Capital Account

Thanks Kaviraja.

Can you please explain more about "7) Expenses related to my new house construction ( purchase of materials, labor etc)" in capital group? I just want to get  all expenses related to the ongoing house construction like Labor, Raw material purchase etc. grouped so as at any point of time I can get the total expenses and transactions involed in house construction in report format.

You can Group This in Capital , since it is not Revenue Expenditure  , For Tax also you can not claim as business Expenses.

Please tell me the structure of ledgers to be created under 'Capital group' for labor,material purchase, transportation etc.