Go to Gateway of Tally > Accounts Info. > Ledgers > Create.
Enter the Name of the supplier ledger.
Select Sundry Creditors as the group name, in the Under field.
Set Maintain balances bill-by-bill to Yes.
Enter the Default Credit Period if any.
Set Check for credit days during voucher entry to Yes if required.
Enter the Mailing Details.
Select the required Country.
Select the required State.
Enter the PIN Code.
Provide bank details if required.
Enter the PAN/IT Number.
Enable the option Set/Alter VAT Details.
Select the Type of Dealer from the Type of Dealer list.
Click F12: Configure and enable the following options as per requirement,
Allow CST Number to define the party’s CST number.
Note: Based on the options enabled in F12: Configuration, relevant options will be displayed in VAT Details screen.
Enter TIN/Sales Tax No. and CST No.
Press Enter to save the VAT Details screen.
Press Enter to save.
Go to Gateway of Tally > Accounts Info. > Ledgers > Create
Enter the Name of the supplier ledger.
Select Sundry Debtors as the group name in the Under field.
Set Maintain balances bill-by-bill to Yes.
Enter the Default Credit Period if any.
Set Check for credit days during voucher entry to Yes if required.
Enter the Mailing Details.
Select the required Country.
Select the required State.
Enter the PIN Code.
Provide Bank Details if required.
Enter the PAN/IT Number.
Enable the option Set/Alter VAT Details.
To enter the VAT Details,
Select the Type of Dealer from the Type of Dealer list.
Enter TIN/Sales Tax No.
Click F12: Configure and enable the following options as per requirement,
Allow CST Number to define the party’s CST number.
Note: Based on the options enabled in F12: Configuration, relevant options will be displayed in VAT Details screen.
Enter TIN/Sales Tax No. and CST No.
Press Enter to save the VAT Details screen.
Press Enter to save.
Replicate the same steps to create ledgers for suppliers and customers belonging to other states, for interstate purchase and sales.