Creating Party Ledgers (Uttar Pradesh)

In order to create party ledgers in Tally.ERP 9, you have to create supplier and customer ledgers and configure the VAT details accordingly.

Creating a supplier ledger

Creating a customer ledger

Supplier Ledger

To create a supplier ledger

1. Go to Gateway of Tally > Accounts Info. > Ledgers > Create .

2. Enter the Name of the supplier ledger.

3. Select Sundry Creditors as the group name, in the Under field.

4. Set Maintain balances bill-by-bill? to Yes .

5. Enter the Default Credit Period , if any.

6. Set Check for credit days during voucher entry? to Yes , if required.

7. Enter the Address .

8. Select the required Country and State .

9. Enter the PIN Code .

10. Provide bank details , if required.

11. Enter the PAN/IT No..

12. Enable the option Set/Alter VAT Details? .

o Select the Type of Dealer .

o Enter VAT TIN No. The VAT Details screen appears as shown below:

Note: If the Type of Dealer is selected as Regular and VAT TIN No. field is left blank, the warning message TIN is blank. is displayed.

o Press Enter to save.

The Ledger Creation screen appears as shown below:

13. Press Enter to save.

Customer Ledger

To create a customer ledger

1. Go to Gateway of Tally > Accounts Info. > Ledgers > Create .

2. Enter the Name of the customer ledger.

3. Select Sundry Debtors as the group name in the Under field.

4. Set Maintain balances bill-by-bill? to Yes .

5. Enter the Default Credit Period , if any.

6. Set Check for credit days during voucher entry? to Yes , if required.

7. Enter the Address .

8. Select the required Country and State .

9. Enter the PIN Code .

10. Provide bank details , if required.

11. Enter the PAN/IT Number.

12. Enable the option Set/Alter VAT Details? .

o Select the Type of Dealer .

o Enter VAT TIN No.

N ote: If the Type of Dealer is selected as Regular and VAT TIN No. field is left blank, the warning message TIN is blank. is displayed.

o Press Enter to save.

The Ledger Creation screen appears as shown below:

13. Press Enter to save.

Replicate the same steps to create ledgers for suppliers and customers belonging to other states, for interstate purchase and sales.

VAT Details - Configuration Options

To enter CST number and exemption details

1. Click F12: Configure in VAT Details screen.

o Set Allow CST Number? to Yes to define the party’s CST number.

o Set Allow exemption details? to Yes if the party has to be classified as SEZ or Diplomatic Missions & U.N .

o Set Allow Import Export Code? to Yes .

o Press Enter to save and return to VAT Details screen.

2. Enter the CST No. .

3. Select the Type of Exemption . The VAT Details screen appears as shown below:

Note: If the Type of Dealer is selected as Regular and VAT TIN No. field is left blank, the warning message TIN is blank. is displayed.

4. Enter the Notification/SEZ Reg Number and Date .

Note: The option Sales/purchases against Form C? appears in the VAT Details screen if the party's State selected is other than Uttar Pradesh. Settings of this option is retained for Is against C Form? in the Party Details screen of transactions.

5. Press Ctrl+A to save.