To create a fixed asset ledger
Go to Gateway of Tally > A
ccounts Info. > Ledgers > Create.
Enter the Name.
Select Fixed Assets as the group name in the Under field.
Set Inventory values are affected to No.
Set Is TDS Deductible to Yes.
Set Treat as TDS Expenses to Yes.
Select the required Nature of Payment.
Enter the Mailing Details and Tax Registration Details, as required.
The Ledger Creation screen appears as shown below:
Press Ctrl + A to save the details.
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