8/2/2018 Tally Ledger Groups List (Ledger under Which Head or Group in Accounts

Accounts Tax (/accountstax/) → Tally (/subjects/tally/) → Ledger Creation and Alteration

Tally Ledger Groups List (Ledger under Which Head)

Last updated at May 29, 2018 by Teachoo

While Creating Ledgers in Tally,We all face the problem of putting ledger in correct head

Hence for your reference this ledger list is prepared.

You can also download the same for future reference

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Group Name Ledger name

Purchase Accounts All types of Purchase Accounts like

Purchase 5% Local

Purchase 12.5% Local

Purchase 2% Central

Purchase Import

Purchase Central C form

Purchase Central F form

Purchase Central H form

Purchase Central C+ E1 form

Purchase Return

Sales Account All types of Sales Accounts like

Sales 5% Local

Sales 12.5% Local

Sales 2% Central

Sales Export

Sales Central C form

Sales Central F form

Sales Central H form

Sales Central C+ E1 form

Sale Return

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8/2/2018 Tally Ledger Groups List (Ledger under Which Head or Group in Accounts

Duties and Taxes All types of Taxes like

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 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 All Indirect Expenses like

Rounded Off

Salary

Advertisement Expense

Maintenance Expense

Rent Expense

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8/2/2018 Tally Ledger Groups List (Ledger under Which Head or Group in Accounts

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

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8/2/2018 Tally Ledger Groups List (Ledger under Which Head or Group in Accounts

Liabilty of Expenses

Preliminary Expenses A/c

Professional Fees

Indirect Income 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

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8/2/2018 Tally Ledger Groups List (Ledger under Which Head or Group in Accounts

Bill receivable

Accrued income

Mutual Fund

Current Liabilities Bill drawn

Bill 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

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8/2/2018 Tally Ledger Groups List (Ledger under Which Head or Group in Accounts

Air Conditioner

Bank OCC Cash Credit Limit (CC)

taken from bank

Bank OD Overdraft Limit (OD)

taken from bank

Bank Accounts Indian Bank A/c

SBI Bank A/c

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

Debitor name

Short Term Investment

Stock-in-hand Stock

Closing Stock

Consignment Stock

Opening Stock

Misc. Expense (ASSET) Preliminary Expenses

NOT yet written off

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8/2/2018 Tally Ledger Groups List (Ledger under Which Head or Group in Accounts

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

RELEVANT GROUPS IN TALLY FOR PURCHASE SALE ENTRIES

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8/2/2018 Tally Ledger Groups List (Ledger under Which Head or Group in Accounts

Relevant Groups and Ledgers in Tally for GST Entries

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8/2/2018 Tally Ledger Groups List (Ledger under Which Head or Group in Accounts

If you face any problem in choosing ledger or any problem in Tally, Excel, Accounts or Tax, you can ask us here
(/question/create/question/) or learn free at Teachoo.com (/)
(Agar apko ledger chunne main koi dikkat ho,ki kaunsa ledger kis head main ayega to aap humse yaha puch sakte hain
(/question/create/question/) ,Tally, Excel, Accounts ,Tax se related bhi saari jankari aap www.teachoo.com (/) se le sakte hai )

Download in PDF Format

 Tally ledger list in PDF Format.pdf (https://6f45f6c2646a5cc3b02e-

5797bc788d9575a168411f50126db6ce.ssl.cf6.rackcdn.com/a52d4c0f-720a-47bc-9ea5-ad0213869747/tally-ledger-list-in-pdf-
format.pdf)
Download in Excel Format

 Tally ledger list in Excel Format.xlsx (https://6f45f6c2646a5cc3b02e-

5797bc788d9575a168411f50126db6ce.ssl.cf6.rackcdn.com/b670ef99-193c-41cd-9481-4124d1942eb8/tally-ledger-list-in-excel-
format.xlsx)
Download in PDF Format

 Direct and Indirect Expenses in Tally.pdf (https://6f45f6c2646a5cc3b02e-

5797bc788d9575a168411f50126db6ce.ssl.cf6.rackcdn.com/6b40a575-76a0-4426-b8fb-7503f8f3a560/direct-and-indirect-expenses-
in-tally.pdf)
Download in Excel Format

 Direct and Indirect Expenses in Tally in Excel Format.xlsx (https://6f45f6c2646a5cc3b02e-

5797bc788d9575a168411f50126db6ce.ssl.cf6.rackcdn.com/0c27c0a3-e634-43f0-90d9-6b045f2f65ee/direct-and-indirect-expenses-
in-tally.xlsx)

Next: How to See Ledgers Created→ (/726/228/How-to-See-Ledgers-Created-in-Tally/category/Ledger-Creation-and-

Alteration/)

Accounts Tax (/accountstax/) → Tally (/subjects/tally/) →

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Ledger Creation and Alteration

(/subjects/tally/)

How to Create Ledgers (/724/228/How-to-

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Alteration/)

Tally Ledger Groups List (Ledger under

Which Head) You are here

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How to See Ledgers Created

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Tally/category/Ledger-Creation-and-
Alteration/)

How to Alter or Change Ledgers

(/727/228/How-to-Alter-or-Change-
Ledgers-in-Tally-ERP-9/category/Ledger-
Creation-and-Alteration/)

How to Put Opening Balances in Tally

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in-Tally/category/Ledger-Creation-and-
Alteration/)

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