Type search words and press enter
TallyPrime Release 6.0 Beta is now live! Click here to learn more & get early access to the Power Banking experience! You also get smoother Data Split with robust verification. Easily manage contact details with the new Profile.
https://help.tallysolutions.com/docs/te9rel52/Tax_International/Singapore/Creating_Purchase_Ledger.htm

Creating Purchase and Sales Ledger

Purchase Ledger

To create ledgers under the Purchase Accounts group

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

  1. Enter the Name for the Purchase ledger

  2. In the Under field select Purchase Accounts from the List of Groups

  3. Set Inventory values are affected to Yes if you maintain inventory

  4. Set the field GST Applicable to Yes under Statutory Information

  1. Accept the screen to Save.

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

Sales Ledger

To create ledgers under the Sales Accounts group

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

  1. Enter the Name for the Purchase ledger

  2. In the Under field select Sales Accounts from the List of Groups

  3. Set Inventory values are affected to Yes if you maintain inventory

  4. Set the field GST Applicable to Yes under Statutory Information

  1. Accept the screen to Save.

Mail this article