Type search words and press enter
Check your pre-qualified business loan offer in TallyCapital with a single click! Based on your financial data, get a tentative offer and apply for a business loan in TallyPrime!
https://help.tallysolutions.com/docs/te9rel61/Tax_India/TCS/Sales_Ledger.htm

Creating Sales Ledger (TCS)

You can create sales ledger with TCS nature of goods under Sales Accounts.

To create a sales ledger

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

2.    Enter the Name.

3.    Select Sales Accounts as the group name in the Under field.

4.    Set Inventory values are affected to Yes.

5.    Set the option Is TCS Applicable to Applicable.

6.    Select the Nature of Goods from the List of Nature of Goods.

The Ledger Creation screen appears as shown below:

7.    Press Enter to save the details.