To create a Sundry Creditor (Supplier) ledger,
Go to Gateway of Tally > Accounts Info. > Ledger > Create
Click on F12: Configure button and set the field Use ADDRESSES for Ledger Accounts to Yes.
In the Ledger creation screen,
Enter the Name as Fabric House
Select Sundry Creditors in the Under field
Set Maintain balances bill-by-bill to Yes and enter the Default Credit Period if any
In the Mailing Details section,
The Name will be displayed as Fabric House
Enter the Address details
In the Tax Information section enter the VAT TIN Number
Press Y or Enter to accept the party ledger screen.
Note: From Rel 4.8 an option to provide Bank Details is provided in the Ledger Master.
To create a Sundry Debtor (Customer) ledger,
Go to Gateway of Tally > Accounts Info. > Ledger > Create
Ensure that in F12: Master Configuration the option Use ADDRESSES for Ledger Accounts is set to Yes.
In the Ledger creation screen,
Enter the Name as Apparels Enterprise
Select Sundry Debtors in the Under field
Set Maintain balances bill-by-bill to Yes and enter the Default Credit Period if any
In the Mailing Details section
The Name will be displayed as Apparel Enterprise
Enter the Address details
In the Tax Information section enter the VAT TIN Number
Accept the Sundry Debtor ledger.
'Party Ledgers' has been shared with
