You can create party ledgers with whom you purchase and sell goods and services, by providing the relevant GST details.
To create a supplier ledger
1. Go to Gateway of Tally > Accounts Info. > Ledgers > Create.
2. Enter the Name of the supplier's ledger.
3. Select Sundry Creditors from the List of Groups in the Under field.
4. Set the option Maintain balances bill-by-bill? to Yes.
5. Enter the Default credit period, if any.
6. Set the option Inventory values are affected? to Yes, if required.
7. Enable the option Set/Alter GST Details? to open the GST Details screen.
o Select the relevant Registration Type from the List of registration Types.
o Enter the 15-digit GSTIN or UIN issued by the tax authority.
o If the supplier is an e-commerce operator, then enable the option Behave as e-Commerce Operator?
The GST Details screen appears as shown below:
o Press Ctrl+A to accept.
The Ledger Creation screen appears as shown below:
8. 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's ledger.
3. Select Sundry Debtors from the List of Groups in the Under field.
4. Set the option Maintain balances bill-by-bill? to Yes.
5. Enter the Default credit period, if any.
6. Enable the option Set/Alter GST Details? to open the GST Details screen.
o Select the relevant Registration Type from the List of registration Types.
o Enter the 15-digit GSTIN or UIN issued by the tax authority.
o If the supplier is an e-commerce operator, then enable the option Behave as e-COmmerce Operator?
The GST Details screen appears as shown below:
o Press Ctrl+A to accept.
The Ledger Creation screen appears as shown below:
