Creating Multiple Ledgers

You can create multiple Ledgers at a time in this mode. This will save the time of the user.

Go to Gateway of Tally > Accounts Info > ledgers > Multiple ledgers > Create

Under Group

Select the name of the group under which you want to create the Ledgers from the List of Groups.

Below this field, the other fields are arranged in a table. The cursor rests at the field Name of Ledger.

The other fields in the column are:

Sl.No

This is auto generated.

Name of Ledger

Enter the name of the Ledger.

Under

If you select All Items in Under Group field, you have the option to select the group in this column. You can even create a new group from this field by pressing Alt+C. If you have selected any other Group in Under Group, the selected group in Under Group gets displayed here automatically and the cursor skips this column.

Opening Balance

This is the balance remaining when you first enter your books on Tally.ERP 9 9, i.e., the date of beginning of books. If you have opted to maintain balances bill-by-bill, you must give the bill details. (Refer Creating a Ledger- Advanced Usage for more details on this)

Dr/Cr

Specify whether the Opening Balance is Debit or Credit. Tally.ERP 9 follows the normal accounting principals of accounting.

Note: While creating Ledgers in multiple mode, the field Cost Centres are applicable, is set to Yes for Revenue accounts and No for Non-Revenue accounts by default. The field Inventory values are affected is set to Yes for Sales and Purchase Accounts and No for the others by default.