Question

State the processes/steps to be performed for each of the following in Tally.ERP 9:

i. Creation of ledgers

ii. Creation of groups/accounts heads

iii. Viewing list of accounts groups created

iv. Verify ledger accounts

v. Creation of a new voucher type

vi. Altering a voucher type

Answer 1

Step 1 is creating a ledger

There is a total of 2 major ways to create a ledger in Tally.

• One way is to create a Single Ledger

Go to Ledger

Under single ledger, Select the option Create

Fill the particulars in the Ledger Creation screen displayed.

• Another way is to create it with Multiple Ledgers
• To create ledger from voucher screen by pressing ALT + C

Step 2 is creating groups/account heads

Grouping means classifying different ledgers into some major predefined heads.

Ex.: Cash is grouped under the group or head “Current Assets”.

Tally provides pre-defined Groups in Tally.ERP 9, out of which 15 are Primary Groups and 13 are Sub-Groups.

Groups are major heads of ledger, under which ledgers are classified. Nature of the ledger depends on the group it is classified. Basically, ledgers of similar nature are classified under one head.

Step 3 is Viewing list of accounts group created

Go to Gateway of Tally > Display > Account Books > Group Summary > Select a group.

2. Select group Indirect Expenses , and press Enter .

Step 4 is Verifing Ledger accounts

To view a Ledger Account with voucher details, Go to Gateway of Tally > Display > Accounts Books > Select any Ledger as required > this will list out the voucher details of the ledger.

and after that we can verify the details of that ledger account.

Next step is creation of a voucher type

Go to Gateway of Tally > Accounts Info./Inventory Info. > Voucher Type > Create

The Voucher Type Creation screen is divided into three sections depending on various settings:

• General

• Printing

• Voucher Class

Name

Give the name of the new voucher type, e.g., Sales Invoice.

Alias

Give the alias, if required.

Next step is Altering a voucher type

Go to Display > Account Books > Ledger > select the required Ledger > select transactions from Ledger Voucher list > drill down and alter the voucher > save the changes.