Tally.ERP 9 provides users with the option to rename and insert Heads in the Schedule-VI Balance Sheet as per their business needs.
To rename Schedule VI Heads
1. Go to Gateway of Tally > Audit & Compliance > Financial Statements > Balance Sheet .
o Select the Schedule VI Head that has to be renamed.
o Click on R : Rename Head or press Alt+R .
The Change Display Name sub-screen appears:
o Type in the name to be given to the chosen Schedule VI Head.
o Press Enter .
o Press Enter or Y to Accept the change.
The Schedule VI Head appears renamed in the Schedule-VI Balance Sheet:
Users can insert Heads at lowest level of the hierarchy of Schedule VI Heads.
For example , User will not be able to insert head at Current Assets (Schedule VI Head) level, but will be able to do it at Other Current Assets (Sub-head) level.
To insert a head in the Balance Sheet
● Go to Gateway of Tally > Audit & Compliance > Financial Statements > Balance Sheet .
If, for instance, Interest Accrued on Investments has to be inserted under Other Current Assets,
● Place the cursor under the required Schedule VI sub-head (here, Other Current Assets) and click on Ctrl+I : Insert Head or press Ctrl+I .
● The Create Schedule VI Head screen appears. Press Backspace to change the Head under which the new one has to be inserted.
A List of Heads appears:
● Select the appropriate Head (here, Other Current Assets), and press Enter .
● Type in the Name of the new head and press Enter .
● Press Enter or Y to Accept the new head.
The newly inserted Head (Interest Accrued on Investments) appears classified under the chosen Head (Other Current Assets).
Another way of inserting Heads is by using the I : New Head button.
● In the Balance Sheet report, click on I : New Head or press Alt+I .
The Create Schedule VI Head screen appears:
● From the List of Heads , select the required Head.
● Enter the name of the New Head to be created.
● Press Enter or Y to Accept the Creation.
Note: Ctrl+I : Insert Head picks the Schedule VI Group based on the position of the cursor in the Balance Sheet. Users may press Backspace to change the Group.
I : New Head automatically displays the List of Heads for the user to choose from, irrespective of the position of the cursor in the Balance Sheet.
To delete an inserted Head
● Select the (inserted) head.
● Click on Ctrl+D : Delete Head or press Ctrl+D .
● Press Enter or Y to delete the head.
Note: Default Schedule VI Heads cannot be deleted. Also, Inserted Heads to which Tally Groups have been linked cannot be deleted.
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