Tally ledgers creation under group of accounts is main part of Tally ERP 9 implementation. In every implementation of Group wise Tally ledger list prepared first which affects Trading a/c, Profit and loss a/c and Balance sheet. Here is the list of ledger head and respected group of ledgers.
| TRADING A/C | |||
|---|---|---|---|
| Ledger Name | Tally Head | Ledger Name | Tally Head |
| PUR.RETURNS | PURCHASE | SALE RETURN | SALES |
| PURCHASE | PURCHASE | SALES | SALES |
| CARRIEGE | DIRECT EXPENSES | ||
| FACTORY LIGHTING | DIRECT EXPENSES | ||
| FRIEGHT & CARTAGE | DIRECT EXPENSES | ||
| IMPORT DUTY | DIRECT EXPENSES | ||
| RENT (DR) | DIRECT EXPENSES | ||
| ROYALITY | DIRECT EXPENSES | ||
| WAGES | DIRECT EXPENSES |
| PROFIT & LOSS A/C | |||
|---|---|---|---|
| Ledger Name | Tally Head | Ledger Name | Tally Head |
| ADVERTISEMENT | INDIRECT EXPENSES | BAD DEBITOR RECOVERED | INDIRECT INCOME |
| BANK CHARGES | INDIRECT EXPENSES | COMMISSION RECEIVED | INDIRECT INCOME |
| BILL DRAWN | INDIRECT EXPENSES | DISCOUNT RECEIVED | INDIRECT INCOME |
| CARRIAGE | INDIRECT EXPENSES | INTREST ON DRAWING | INDIRECT INCOME |
| COMMISSION ALLOWED | INDIRECT EXPENSES | INTREST ON INVESTMENT | INDIRECT INCOME |
| DISCOUNT ALLOWED | INDIRECT EXPENSES | ||
| DONATION & CHARITY | INDIRECT EXPENSES | ||
| FREE SAMPLE | INDIRECT EXPENSES | ||
| INSURANCE PREMIUM | INDIRECT EXPENSES | ||
| INTEREST ON LOAN | INDIRECT EXPENSES | ||
| LEAGAL CHARGE | INDIRECT EXPENSES | ||
| LOSS BY FIRE | INDIRECT EXPENSES | ||
| OFFICE LIGHTING | INDIRECT EXPENSES | ||
| PETTY CASHIER | INDIRECT EXPENSES | ||
| POSTAGE & COURIER | INDIRECT EXPENSES | ||
| PRINTING & STATIONERY | INDIRECT EXPENSES | ||
| RENT (CR) | INDIRECT EXPENSES | ||
| REPAIR CHARGE | INDIRECT EXPENSES | ||
| SALARY | INDIRECT EXPENSES | ||
| SALE TAX | INDIRECT EXPENSES | ||
| SEPRECIATION | INDIRECT EXPENSES | ||
| TAXI FIRE | INDIRECT EXPENSES | ||
| TELEPHONE CHARGE | INDIRECT EXPENSES | ||
| TRADE ACCOUNT | INDIRECT EXPENSES | ||
| TRAVELLING EXPENSES | INDIRECT EXPENSES | ||
| SUSPANSE | SUSPANSE | ||
| MISSCELLANEOUS EXP. | MISSCELLANEOUS EXP. | ||
| DEPRICIATION | INDIRECT EXPENSES |
| BALANCE SHEET | |||
|---|---|---|---|
| Ledger Name | Tally Head | Ledger Name | Tally Head |
| CAPITAL | CAPITAL | FURNITURE | FIXED ASSET |
| DRAWING | CAPITAL | GOODS | FIXED ASSET |
| INCOME TAX | CAPITAL | LAND & BUILDING | FIXED ASSET |
| LIFE INSURANCE | CAPITAL | LONG TERM INVESTMENT | FIXED ASSET |
| RESERVES & SURPLUS | RESERVES & SURPLUS | MACHINARY & PLANT | FIXED ASSET |
| ADVANCE | CURRENT LIBILITIES | BANK | CASH AT BANK |
| BANK OVERDRAFT | CURRENT LIBILITIES | CASH | CASH IN HAND |
| BILL PAYABLE | CURRENT LIBILITIES | STOCK | STOCK IN HAND |
| OUTSTANDING EXPENSES | CURRENT LIBILITIES | DEBITOR NAME | SUNDRY DEBITOR |
| SALARY PAYABLE | CURRENT LIBILITIES | BAD DEBITOR | SUNDRY DEBITOR |
| CREDITOR NAME | SUNDRY CREDITOR | BILL RECEIVABLE | CURRENT ASSETS |
| LOAN | LOAN LIABILITIES | GOOD WILL | CURRENT ASSETS |
| BRANCH IN DIVISION | BRANCH IN DIVISION | NATIONAL PLANT | CURRENT ASSETS |
| ACCRUED EXPENSES | CURRENT LIBILITIES | PREPAID EXPENSES | CURRENT ASSETS |
| SHORTTERM INVESTMENT | CURRENT ASSETS | ||
| PREPAID RENT | MISC. EXP.- Asset | ||
| LOSS ON THEFT | STOCK IN HAND | ||
| ACCRUED INCOME | CURRENT ASSETS |