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https://help.tallysolutions.com/docs/te9rel49/Singapore/creating_a_party_ledger_for_gst.htm

Creating a Party Ledger

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

  1. In the Ledger Creation screen enter the name of the GST ledger in the Name field

  2. In the Under field, select Sundry Creditors from the List of Groups

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

  4. The option, Inventory values are affected is set to No by default. Set this to Yes if applicable

  5. Enter the Mailing Details and Tax Information

  1. Accept the screen to save

Note: From Rel 4.8 an option to provide Bank Details is provided in the Ledger Master.

Customer ledgers can be created in a similar manner.

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