Go to Gateway of Tally > Accounts Info. > Ledgers > Create.
Enter the Name of the supplier ledger.
Select Sundry Creditors as the group name, in the Under field.
Set Maintain balances bill-by-bill to Yes.
Enter the Default Credit Period, if any.
Set Check for credit days during voucher entry to Yes, if required.
Enter the Mailing Details.
Select the required Country.
Select the required State.
Enter the PIN Code.
Provide bank details, if required.
Enter the PAN/IT Number.
Enable the option Set/Alter VAT Details?
Select the Type of Dealer from the Type of Dealer list.
Enter TIN/Sales Tax No.
Click F12: Configure and set the option Allow CST Number to Yes to define the party’s CST number.
Enter the CST No. if required.
Press Enter to save the VAT Details screen.
Press Enter to save.
Go to Gateway of Tally > Accounts Info. > Ledgers > Create.
Enter the Name of the supplier ledger.
Select Sundry Debtors as the group name in the Under field.
Set Maintain balances bill-by-bill to Yes.
Enter the Default Credit Period, if any.
Set Check for credit days during voucher entry to Yes, if required.
Enter the Mailing Details.
Select the required Country.
Select the required State.
Enter the PIN Code.
Provide Bank Details, if required.
Enter the PAN/IT Number.
Enable the option Set/Alter VAT Details.
Select the Type of Dealer from the Type of Dealer list.
Enter TIN/Sales Tax No.
Click F12: Configure and enable the options as per requirement.
Set Allow CST Number to Yes to define the party’s CST number.
Set Allow Exemption Details to Yes if the party has to be classified as exempt under Notification or an SEZ unit.
Set Allow Export/Import code to Yes if the export import code of party has to be specified.
Enter the CST No. if required.
Press Enter to save the VAT Details screen.
Press Enter to save.
Replicate the same steps to create ledgers for suppliers and customers belonging to other states, for interstate purchase and sales.
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