| Group Name |
Ledger Name |
| Purchase Accounts |
All types of Purchase Accounts like |
| Purchase Local 12 % |
| Purchase Interstate 12% |
| Purchase Local 0% |
| Purchase Interstate 0% |
| Purchase (Composition) |
| Purchase Exempt (Unregistered Dealer) |
| Purchase Local (Exempt Registered) |
| Purchase Taxable (Unregistered Dealer) |
| Purchase Nil Rated (Unregistered Dealer) |
| Purchase Reverse Charge |
| Purchase Import Taxable 12% |
| Purchase Import Exempt |
| Purchase Import Nil Rated |
| Purchase (Own Branch) |
| Purchase Return |
| |
|
| Sales Account |
All types of Sales Accounts like |
| Sales Local 12 % (Registered) |
| Sales Interstate 12% |
| Sales Local Nil Rated |
| Sales Interstate Nil Rated |
| Salers Export With Bond |
| Salers Export Taxable |
| Export (0%) |
| Sales Local (Exempt Registered) |
| Sale To Consumer (Taxable 12%) |
| Sale To Consumer (0%) |
| Sale To Consumer (Exempt) |
| Sales (Own Branch) |
| Sale Return |
| |
|
| Duties and Taxes |
All types of Taxes like |
| INPUT CGST SGST IGST CESS |
| OUTPUT GST SGST IGST CESS |
| Excise Duty Payable etc |
| Service Tax Payable |
| TDS Payables |
| Input Vat Accounts |
| Output Vat Accounts |
| Cenvat Accounts |
| Sale tax |
| Income Tax |
| VAT Payable |
| |
|
| Direct Expenses OR Expenses(Direct) |
All expenses which appear in Trading Account (except purchases) like |
| Labor |
| Power |
| Electricity Expense (Factory) |
| Loading Unloading Expense |
| Warehousing Expenses |
| Custom Clearing Charges |
| Carriage |
| Freight & Cartage |
| Import duty |
| Wages |
| Coal & Fuel |
| Coal, Gas & Water of Factory |
| Consumed Material |
| Export Duty |
| Wages on Production |
| Delivery Charges(In Purchase Bill |
| |
|
| Indirect Expenses OR Expense(Indirect) |
All Indirect Expenses like |
| Rounded Off |
| Salary |
| Advertisement Expense |
| Maintenance Expense |
| Rent Expense |
| Director Remuneration Expense |
| Bad Debts |
| Printing Expense |
| Stationary Expense |
| Foreign Exchange fluctuation |
| Audit Fees |
| Professional Charges |
| Legal Expenses/Charges |
| Depreciation Expenses |
| Interest Expense |
| Penalty |
| Royalty |
| Bank charges |
| Commission allowed |
| Discount allowed |
| Donation & charity |
| Free sample |
| Insurance premium |
| Interest on loan |
| Legal charge |
| Loss by fire |
| Postage & courier |
| Repair charge |
| Taxi fare |
| Telephone charge |
| Travelling expenses |
| Outstanding expenses |
| Accrued expenses |
| Bad debt |
| Loss on theft |
| depriciation |
| Coffee Expenses |
| Coke Expenses |
| Manager’s Commission |
| UPTT |
| Fuel Expenses A/c |
| Liabilty of Expenses |
| Preliminary Expenses A/c |
| Professional Fees |
| |
|
| Indirect Income OR Income(Indirect) |
All Indirect Income like |
| Discount Received |
| Interest on Investment |
| |
|
| Already Created in Tally |
Only 2 Accounts Already Created like |
| Cash |
| Profit and Loss Account |
| |
|
| Bank Account |
All Bank Current Account |
| All Bank FD Account |
| (Personal Savings Account and FD not recorded) |
| |
|
| Deposit Account |
All types of deposits like |
| Security Deposit |
| Electricity Deposit |
| Rent Deposit |
| |
|
| Capital A/c |
All types of Capital Account like |
| Share Capital |
| Partner Capital Account |
| Partner Current Account |
| Proprietor Account |
| Drawings |
| Life insurance |
| Equity Capital A/c |
| Partners Capital A/c |
| |
|
| Current Assets |
Prepaid Maintenance Expense |
| Prepaid Expense |
| Prepaid Rent |
| Prepaid Insurance Charges |
| Interest Receivables |
| Bill receivable |
| Accrued income |
| Mutual Fund |
| |
CGST SGST IGST Credit |
| |
|
| Current Liabilities |
Bill drawn |
| Bill Payable |
| CGST SGST IGST Payable |
| |
|
| Sundry Creditor |
Any Party from Whom Goods Purchased |
| Party from Whom any Bill of Expense Received |
| |
|
| Loans and Advances (Assets) |
Any Party to whom we gave loan |
| like Loan Given to Friends Relatives/Related Companies |
| Any Party to whom we gave Advance |
| like Advance to Supplier |
| |
|
| Loans Liabilities |
Any Party from whom we take loan. |
| We can also put group Secured loan or Unsecured loan |
| Debenture A/c |
| Loans From Bank |
| Loans From Outside Party |
| Loans From Aravind(Friend) |
| |
|
| Fixed Assets |
All Fixed Assets on which Depreciation charged like |
| Furniture |
| Machine |
| Plant and Machinery |
| Mobile |
| Computers |
| Furniture and Fittings |
| Car |
| Scooter |
| Laptops |
| Office lighting |
| Land & Building |
| Good will |
| Factory lighting |
| Air Conditioner |
| Accumulated depriciation |
| |
|
| Bank OCC |
Cash Credit Limit (CC) |
| taken from bank |
| |
|
| Bank OD |
Overdraft Limit (OD) |
| taken from bank |
| |
|
| Branch/Divisions |
Any Branch whose Separate Accounting Done |
| (If branch account maintained by head office only, then this account not required) |
| Delhi Branch |
| Branch in division |
| |
|
| Cash in Hand |
Imprest Account |
| (Cash kept with Employee) |
| Petty Cash |
| |
|
| Investments |
All types of Investments like |
| Investment in Shares |
| Investment in Bonds |
| Investment in Property/Plot etc. |
| Long term investment |
| Short Term Investment |
| |
|
| Stock-in-hand |
Stock |
| Closing Stock |
| Consignment Stock |
| Opening Stock |
| |
|
| Misc. Expense (ASSET) |
Preliminary Expenses |
| NOT yet written off |
| |
|
| Suspense A/c |
Suspense Account |
| Any payment or receipt from party whose name not known |
| Suspense |
| |
|
| Secured Loan |
Loans for whom Security Given |
| like loan from bank/ Financial Institution |
| |
|
| Unsecured Loan |
Loans taken for whom no Security given |
| Like Short term loan from directors |
| or loan from friends /relatives |
| |
|
| Reserve & Surplus |
Any type of reserve like |
| General Reserve |
| Capital Reserve |
| Capital Reserve A/c |
| Investment Allowance Reserve A/c |
| Share Premium A/c |
| Reverse and Surplus |
| |
|
| Provisions |
All Provisions except Provisions for bad debts |
| Provision for Tax |
| Provision for Expense |
| Provision for Sinking Fund |
| All types of Payables like Salary Payable, Audit fees Payable, |
| |
|
| Sundry Debtors |
Any Party to Whom Sales Made |
| Provision for Bad Debts |
| |
|
| Retained Earring |
General Reserve |
| Share Premium |
| Any other Reserve |
| Direct Incomes OR Income(Direct) |
Any Income from main service like |
| Freight Charges Income |
| Delivery Charges Income |
| Transporation Charges Income |
| Professional Charges Income |
| Consultancy Charges Income |
| Maintainance Service Income |
