Customer ledgers and supplier ledgers are created to capture the details of their registration (registered or unregistered), Bank A/C details and so on.
On this page:
To create a supplier ledger
1. Go to Gateway of Tally > Accounts Info. > Ledgers > Create.
2. Enter the Name of the supplier ledger.
3. Select Sundry Creditors from the List of Groups, in the Under field.
4. Set Maintain balances bill-by-bill? to Yes.
5. Enter the Default credit period, if any.
6. Set Check for credit days during voucher entry? to Yes, if required.
7. Set Inventory values are affected? to Yes, if required.
8. Enter the Mailing Details.
9. Select the required Country.
10. Select the required State.
11. Enter the Pincode.
12. Specify the bank details in the field Provide bank details, if required.
13. Enter the PAN or IT number.
14. Enable the option Set/Alter VAT Details? and provide the relevant details.
To enter the VAT details
1. Select the Type of Dealer from the Type of Dealer list.
2. Enter the VAT TIN No. The VAT Details screen appears as shown below:
Note: If the Type of Dealer is selected as Regular and VAT TIN No. field is left blank, the warning message TIN is blank. is displayed.
3. Press Enter to save.
The Ledger Creation screen appears as shown below:
15. Press Enter to save.
To create a customer ledger
1. Go to Gateway of Tally > Accounts Info. > Ledgers > Create.
2. Enter the Name of the customer ledger.
3. Select Sundry Debtors as the group name in the field Under.
4. Set Maintain balances bill-by-bill? to Yes.
5. Enter the Default credit period, if any.
6. Set Check for credit days during voucher entry to Yes, if required.
7. Set Inventory values are affected? to Yes, if required.
8. Enter the Mailing Details.
9. Select the required Country.
10. Select the required State.
11. Enter the Pincode.
12. Specify the bank details in the field Provide bank details, if required.
13. Enter the PAN or IT number.
14. Enable the option Set/Alter VAT Details? and provide the relevant details.
To enter the VAT details
1. Select the Type of Dealer from the Type of Dealer list.
2. Enter the VAT TIN No. The VAT Details screen appears as shown below:
Note: If the Type of Dealer is selected as Regular and VAT TIN No. field is left blank, the warning message TIN is blank. is displayed.
3. Press Enter to save.
The Ledger Creation screen appears as shown below:
15. Press Enter to save.
Note: For interstate transactions, you can create ledgers for suppliers and customers belonging to other states.
To configure VAT details
1. Click F12: Configure in VAT Details screen.
o Set Allow CST number? to Yes to define the party’s CST number.
o Set Allow exemption details? to Yes if the party has to be classified as SEZ or Notification.
o Set Allow Import Export Code? to Yes if the party has import or export code details.
2. Enter the CST No. in VAT Details screen.
3. Enter the Import/Export Code.
4. Select the Type of Exemption.
5. Enter the registration number and date.
Note: If the Type of Dealer is selected as Regular and VAT TIN No. field is left blank, the warning message TIN is blank. is displayed.
6. Press Ctrl+A to save.
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