You can create a common sales ledger, and define the nature of transactions, commodity details, and the tax rate.
To create a common sales ledger
1. Go to Gateway of Tally > Accounts Info. > Ledgers > Create .
2. Enter the Name of the sales ledger.
3. Select Sales Accounts in the Under field.
4. Set Inventory values are affected? to Yes .
5. Set Is VAT/CST Applicable? to Applicable .
6. Set the option Type of Ledger? to Not Applicable .
Note: To create a discount ledger, group the ledger under Direct/Indirect Expenses , and select the Type of Ledger as Discount .
7. Press Enter to skip the field Set/Alter VAT Details? The Ledger Creation screen appears as shown below:
8. Press Enter to save.
To create a ledger defined with nature of transaction, commodity details, and tax rate
1. Go to Gateway of Tally > Accounts Info. > Ledgers > Create .
2. Enter the Name of the sales ledger.
3. Select Sales Accounts in the Under field.
4. Set Inventory values are affected? to Yes .
5. Set the option Type of Ledger? to Not Applicable .
6. Set Is VAT/CST Applicable? to Applicable .
7. Enable the option Set/Alter VAT Details? .
8. Select the required Classification in VAT Details screen.
9. Press Ctrl+A to accept.
