All Accounts Under Ledger Grouping In Tally Software | Ledger Creation in Tally

Tally is an ERP accounting software suite for recording a company's day-to-day business data. Tally Prime is the most recent version of Tally.

Tally ERP 9 is one of the most widely used financial accounting systems in India. It is complete enterprise software for small and medium businesses. It's a GST programme that's the perfect blend of functionality, control, and customizability.

The greatest accounting software is ERP 9. Inventory, Finance, Sales, Payroll, Purchasing, and other business systems can all be integrated with this programme.

Tally software is used to keep track of each account's business transactions in detail. Tally has simplified calculations. Tally has become an integral part of any organisation. In this post you can easily understand about the ledger grouping of ledger creation in Tally. List of different ledgers and their groups Listed Following Tables, 

[ All Accounts ] Under Ledger Grouping Tally Ledger Groups List (Ledger under Which Head)

A/C.	A/C. GROUP
Bills Payable	Current Liabilities
Bills Receivable	Current Assets
Inward Carriage	Direct Expenses
Outward Carriage	Indirect Expenses
Purchase	Purchase A/c.
Purchase Return	Purchase A/c.
Sales	Sales A/c.
Sales Return	Sales A/c.
Drawing	Capital

Motor Car	Fixed Assets
Furniture	Fixed Assets
Vehicle	Fixed Assets
Discount Received	Income Revenue
Discount Payable	Indirect Expenses
Railway Freight	Direct Expenses
Wages	Direct Expenses
Bad Debts	Indirect Expenses
Depreciation	Indirect Expenses
Rent & Taxes	Direct Expenses

Opening Stock	Stock In Hand
Salary	Indirect Expenses
Loan Received	Loan Liabilities
Loan Payable	Loan Assets
Bank Overdraft	Bank Overdraft
Sample
Goods Tempts	Sales A/c.
Goods In Fire	Sales A/c.
Goods Lost	Sales A/c.
Post And Telegram Expenses	Indirect Expenses
Discount Received	Income Revenue

Discount Paid	Indirect Expenses
Commission Received	Income Revenue
Commission Paid	Indirect Expenses
Printing & Stationary Expenses	Indirect Expenses
Machinery	Fixed Assets
Repairs Of Machinery	Indirect Expenses
Light Bill Of Office	Indirect Expenses
Light Bill Of House (Drawing)	Capital
Telephone Expenses	Indirect Expenses
Telephonebill Of House (Drawing)	Capital

Creditors	Sundry Creditors
Debtors	Sundry Debtors
Insurance Premium	Indirect Expenses
Office Rent	Indirect Expenses
Office Expenses	Indirect Expenses
Advertisement	Indirect Expenses
Building	Fixed Assets
Office Instrument (equipments)	Current Assets
Deposited (Investment) In Share	Current Assets
Interest On Bank loan	Indirect Expenses

Goodwill	Current Assets
Bank Loan	Current Liabilities
Interest Received	Income Revenue
Unpaid Salary	Current Liabilities
Advanced Paid Premium	Current Assets
Unreceived commission	Current Assets
Advanced Received Interest	Current Liabilities
Charity	Indirect Expenses
Income Tax	Indirect Expenses
Loan In Staff	Current Assets

Interest In Loan In Staff	Income Revenue
Cheque Return
Goods Loss By Rain	Sales A/c.
Shop Rent	Indirect Expenses
Donation	Indirect Expenses
Type Writer	Fixed Assets
Dharmada	Indirect Expenses
Computer	Fixed Assets
Loss By Flood	Sales A/c.
Royalty	Current Assets
Trade Work
Custom Duty	Direct Expenses

Conveyance	Direct Expenses
Patents	Current Assets
Legal Expenses	Indirect Expenses
Demurrage	Indirect Expenses
Remuneration	Indirect Expenses
Professional Tax Paid	Indirect Expenses
Dead stock	Indirect Expenses
Lease Hold Land	Current Assets
Lease Hold Premises	Current Assets
Honorarium	Indirect Expenses
Rent Received	Income Revenue
Rent Paid	Indirect Expenses
Compensation Received	Income Revenue
Compensation Paid	Indirect Expenses
Loss	Indirect Expenses
Rent Received In Advanced	Current Liabilities