Parties who supply excise goods or raw material for manufacturing excise goods, and customer purchase such goods can be created as ledgers.
On this page:
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 field Under .
4. Enable the option Maintain balances bill-by-bill .
5. Enter the Default Credit Period , if any.
6. Set Check for credit days during voucher entry to Yes , if required.
7. Enter the Mailing Details .
8. Select the Country to which the supplier belongs. The application will infer the nature of removal based on the country selected.
If the country selected is India , the nature of removal is Domestic by default.
9. Select the State , if applicable .
On selecting a country other than India, the cursor skips the fields State .
o Enter bank details, if required.
o Enter the PAN .
o Enable the option Set/Alter Excise Details to enter the excise details of the branch.
To enter the supplier's excise details
1. Select the Default Nature of Purchase .
2. Enter ECC No .
ECC number is PAN based, and has 15 digits. The format of ECC no. is ABCDE1234HXM001 .
3. Enter the IEC number .
4. Enter the Range , Division , and Commisionerate . To define jurisdiction details specific to different periods, click L : Details .
Enter the period from which the details of range entered, will be applicable from.
Enter the Range , Division and Commisionerate .
Press Enter .
Enter the date Applicable From , Code , Name and Address for another period, if required.
5. Press Enter .
o Enable the option Set/Alter VAT Details , if required.
o Enter the opening balance, if any.
The completed supplier ledger appears as shown below:
10. Press Enter to save.
1. Go to Gateway of Tally > Accounts Info. > Ledgers > Create .
2. Enter the Name of the customer ledger
3. Select Sundry Debtors from the List of Groups in the field Under .
4. Enable the option Maintain balances bill-by-bill .
5. Enter the Default Credit Period , if any
6. Set Check for credit days during voucher entry to Yes if required
7. Enter the Mailing Details .
8. Select the Country to which the supplier belongs. The application will infer the nature of removal based on the country selected.
If the country selected is India , the nature of removal is Domestic by default.
9. Select the State , if applicable .
On selecting a country other than India, the cursor skips the fields State .
10. Enter bank details, if required.
11. Enter the PIN Code , if applicable.
On selecting a country other than India, the cursor skips the fields Pin Code .
12. Enter the PAN .
13. Enable the option Set/Alter Excise Details to enter the excise details of the branch.
To enter the supplier's excise details
1. Select the Default Nature of Purchase .
2. Select the Nature of Removal , as required.
3. Enter ECC No .
ECC number is PAN based, and has 15 digits. The format of ECC no. is ABCDE1234HXM001 .
4. Enter the IEC code .
5. Enter the Range , Division , and Commisionerate . To define jurisdiction details specific to different periods, click L : Details .
Enter the period from which the details of range entered, will be applicable from.
Enter the Range , Division and Commisionerate .
Press Enter .
Enter the date Applicable From , Code , Name and Address for another period, if required.
6. Press Enter .
14. Enable the option Set/ Alter VAT Details , if required.
15. Enter the opening balance, if any.
The completed customer ledger appears as shown below:
16. Press Enter to save.
1. Go to Gateway of Tally > Accounts Info. > Ledgers > Create .
2. Enter the Name of the branch/division.
3. Select Branch/Division from the List of Groups in the field Under .
4. Enable the option Inventory values are affected , if required.
5. Enter the Mailing Details .
6. Select the Country to which the supplier belongs. The application will infer the nature of removal based on the country selected.
If the country selected is India , the nature of removal is Domestic by default.
7. Select the State .
On selecting a country other than India, the cursor skips the fields State .
8. Enter the PIN Code .
On selecting a country other than India, the cursor skips the fields Pin Code .
9. Enter the bank details, if required
10. Enter the PAN.
11. Enable the option Set/Alter VAT Details , if required.
12. Enter the opening balance, if any.
The completed branch or division ledger appears as shown below:
13. Press Enter to save .
Click a link below for configuring the party ledger :
The nature of removal in sales transactions can be defined in the party ledger master.
To select the nature of removal
1. Enable Set/ alter Excise Details in the party ledger master.
2. Click F12: Configure .
3. Enable the option Allow selection of nature of removal .
4. Press Ctrl+A .
5. Select the Nature of Removal in the Excise Details screen.
Recording IEC in a Party Ledger
To record the Importer's ECC Number
1. Enable Set/ alter Excise Details in the party ledger master.
2. Click F12: Configure .
3. Set the option Enable Importers ECC no. to Yes .
4. Press Ctrl+A .
5. Enter the Importers ECC no. in the Excise Details screen.
Recording Notification Details
To record notification details in a Party Ledger
1. Press F12: Configure in the Excise Details screen.
2. Set the option Allow Notification Details to Yes in the Configuration screen.
3. Press Ctrl+A .
4. Enter Notification Details in the Excise Details screen.
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