Ledger

Account ledgers are created after creating an account group. Account ledgers are
linked to the account groups we created earlier. Two lasers are already made in the
tally. Cash and Profit & loss a / c In addition to this, users can also create new
ledgers. We have to make laser before entering journal. Ledgers are a kind of
account, with which we make voucher entries.

Example:-  Ram  a/c, Bank A/c आदि |

Create ledger
In the tally we can make single and multiple ledger.

1. Create: A laser is created based on the features we have selected under our
company's F11: Features and F12: Configure. With advanced mode enabled or
disabled we can create a single ledger account.
To create a single laser, one has to go to Gateway of tally → Account info → Single
Ledger → Create.

After clicking Create, the Ledger Creation Window will open.

The following information will be filled in this window.

(a) Name: Enter the name of the laser in this field.

(b) Alias: If necessary, enter surname (optional). We can access the ledgers using
the original name and surname.

(c) Under: Select the group under which this ledger account comes. We will get a
pop-up window from which we can select the appropriate group.

(d) Opening balance: We can put the opening balance of the laser at the bottom of
the laser ultrasound window.

(e) Cr / Dr: If the opening balance is not zero, clarify whether the amount is debit or
credit.

(f) Mailing and related details: Under this, if we set allow addresses for ledger
accounts to yes, then under Sundry debtors, Sundry creditors, Loan, Loan and
advance groups we will enter the address and related details for ledger accounts.
Can If we set yes on use contact details for ledger accounts under F12: configure,
we will get additional instructions for entering contact, person, telephone and fax
number etc.