To create a ledger for the Supplier,
Go to Gateway of Tally > Accounts Info > Ledgers > Create
Enter the Name of the ledger, for e.g., Excel Traders
In the Under field, select Sundry Creditors from List of Groups
Set Maintain balances bill-by-bill to Yes/No and enter the Default Credit Period if required
By default Inventory values are affected is set to No, which can be set to Yes, if applicable
Enter the Mailing Details for the ledger
Enter the 12 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.
'Supplier Ledger' has been shared with
