Creating Party Ledgers such as Suppliers, Customers and so on for GST in Tally.ERP9
 

You need to create party ledgers to record business transactions with various parties such as suppliers, customers, and so on.

On this page as per our Practical Examples ….

  • Supplier Ledger :

>>        Raj Infotech

>>        Microtek India Ltd.

  • Customer Ledger

>>        Rajib Roy & Sons

>>        H. Goenka Traders

Supplier Ledger

To create a supplier ledger i.e. Raj Infotech

1.         Go to Gateway of Tally > Accounts Info. > Ledgers > Create.

2.         Enter the Name of the supplier's ledger i.e. Raj Infotech .

3.         Select Sundry Creditors from the List of Groups in the Under field.

4.         Set the option Inventory values are affected? to No,.

5.         In Mailing details, the State is your default local State. You can change name of State from the State List  if your Suppliers belongs to Outside State.

 
 

6.         Enable the option Set/Alter GST Details? to open the GST Details screen.

 

o           Select the relevant Registration Type from the List of registration Types.

o          Enter the 15-digit GSTIN or UIN issued by the tax authority.

o          If the supplier is an e-commerce operator, then enable the option Behave as e-Commerce Operator?

The GST Details screen appears as shown below:

 
 

o     Press Ctrl+A to accept.

The Ledger Creation screen appears as shown below :

 
 

8.    Press Enter to save.

Similarly…. Create the Supplier Ledger ‘ Microtek India Ltd. ‘ as per above ,

Customer Ledger

To create a Customer ledger i.e Microtek India Ltd.

1.         Go to Gateway of Tally > Accounts Info. > Ledgers > Create.

2.         Enter the Name of the supplier's ledger i.e. Mircrotek India Ltd. .

3.         Select Sundry Debtors from the List of Groups in the Under field.

4.         Set the option Inventory values are affected? to No.

5.         In Mailing details, the State is your default local State. You can change name of State from the State List  if your Suppliers belongs to Outside State.

 
 

6.         Enable the option Set/Alter GST Details? to open the GST Details screen.

o           Select the relevant Registration Type from the List of registration Types.

o          Enter the 15-digit GSTIN or UIN issued by the tax authority.

o          If the supplier is an e-commerce operator, then enable the option Behave as e-COmmerce Operator?

The GST Details screen appears as shown below:

 
 

o     Press Ctrl+A to accept.

The Ledger Creation screen appears as shown below:

 

8.    Press Enter to save.

Similarly…. Create the Customer Ledger ‘H. Goenka Traders ‘ as per above ,

 
Company Information @ Tally.ERP9
 
 
 
Group & Ledger
Introduction
1. THE GROUP
2. THE LEDGER
3. VOUCHERS TYPES
Advanced Inventory / Stock
Meaning
Order Processing
Re-Order Levels
Tracking Numbers
Batch-wise Details
Additional Cost Details
Bill of Materials (BOM)
Price Lists and Price Levels
Stock Valuation
Zero Valued Entries
Inventory Ageing Report
Actual and Billed Quantities
 
Advanced Usage of Vouchers
Maintain Bill-wise Details
Cost Center and Cost Category
Interest Calculation
Reversing Journals
Post-Dated Voucher
Memo (Memorandum) Voucher
Optional Voucher
Using Tracking Number
Knowledge Base @ Tally.ERP9
Stock Items
Stock Groups
Inventory Masters
Inventory Vouchers
Inventory Report Statements
Balance Sheet
Accounting Reports
Accounting Vouchers
Interest Calculation
VAT-Value Added Tax
Service Tax
TDS (Tax Deducted at Source)
 
 
Disclaimer :

The names of Companies and persons used in this Website have been used for illustrative purposes only.
The visitors may visit www.tallysolutions.com , the web site of Tally Solutions Pvt. Ltd. for resolving their doubts or for clarifications

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