Creating Party Ledger (Excise for Dealer)

You can create a party ledger by entering the excise details.

To create a supplier ledger

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

2. Enter the Name of the supplier ledger.

3. Group it under Sundry Creditors .

4. Set Maintain balances bill-by-bill to Yes .

5. Enter the Default Credit Period if any.

6. Set Check for credit days during voucher entry to Yes if required.

7. Enter the Mailing Details .

8. Select the required Country .

9. Select the State if India is selected as the country. If India is not selected as the Country , cursor will skip the State option.

10. Enter the PIN Code . If India is not selected as the Country , cursor will skip the PIN Code option.

11. Provide Bank Details if required.

12. Enter the PAN .

13. Enable the option Set/Alter Excise Details to view the Excise Details screen.

Note: The option Set/Alter Excise Details will be displayed when the ledger is grouped under Sundry Creditors and Sundry Debtors or any user defined group created under these predefined groups.

14. Enter the relevant details in Excise Details screen.

15. Enable Set/Alter VAT Details option to view the VAT Details screen and provide the relevant details.

The ledger appears as shown below:

16. Accept the Ledger Creation screen.

Similarly, create the party ledger grouped under Sundry Debtors.