To create a ledger for the Supplier,
Go to Gateway of Tally > Accounts Info > Ledgers > Create
Enter the name of the ledger in the Name field
In the Under field, select Sundry Creditors from List of Groups
Set Maintain Balances Bill by Bill to Yes/No
By default Inventory Values are affected is set to No
Enter the Mailing Details
Enter the 15 digit VAT Regn. No.
Press Y or Enter to accept and save.
Note: From Rel 4.8 an option to provide Bank Details is provided in the Ledger Master.
Similarly, create sundry debtor ledger.
'Creating a Party Ledger for VAT' has been shared with
