There are twenty eight pre-defined groups in Tally.ERP 9. These groups are a part of the chart of accounts for most organizations. For example, Sales Accounts is a pre-defined group. All sales ledgers can be classified under this group.
Out of the twenty eight pre-defined groups, fifteen are primary groups and thirteen are sub-groups. The user can create any number of primary groups and sub-groups.
Primary Groups |
Sub-groups |
Branch / Divisions |
Bank Accounts |
Capital Account |
Bank OD A/c |
Current Assets |
Cash-in-hand |
Current Liabilities |
Deposits (Asset) |
Direct Expenses |
Duties & Taxes |
Direct Incomes |
Loans & Advances (Asset) |
Fixed Assets |
Provisions |
Indirect Expenses |
Reserves & Surplus |
Indirect Incomes |
Secured Loans |
Investments |
Stock-in-hand |
Loans (Liability) |
Sundry Creditors |
Misc. Expenses (ASSET) |
Sundry Debtors |
Purchase Accounts |
Unsecured Loans |
Sales Accounts |
|
Suspense A/c |
|
Out of the fifteen primary groups, nine primary groups appear in the balance sheets that are capital in nature and six primary groups appear under Profit & Loss account which are revenue in nature.
The sub-groups that form a part of the balance sheet are:
Pre defined Sub Groups |
Under |
Bank Accounts |
Current Assets |
Bank OD A/c |
Loans (Liability) |
Cash-in-hand |
Current Assets |
Deposits (Asset) |
Current Assets |
Duties & Taxes |
Current Liabilities |
Loans & Advances (Asset) |
Current Assets |
Provisions |
Current Liabilities |
Reserves & Surplus |
Capital Account |
Secured Loans |
Loans (Liability) |
Stock-in-hand |
Current Assets |
Sundry Creditors |
Current Liabilities |
Sundry Debtors |
Current Assets |
Unsecured Loans |
Loans (Liability) |
Note:Primary groups cannot be deleted.
'Pre-Defined Groups' has been shared with