Customer ledgers and supplier ledgers are created to capture the details of their registration (registered or unregistered), Bank A/C details and so on.
On this page:
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 from the List of Groups , 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. Set Inventory values are affected? to Yes , if required.
8. Enter the Mailing Details .
9. Select the required Country .
10. Select the required State .
11. Enter the Pincode .
12. Specify the bank details in the field Provide bank details , if required.
13. Enter the PAN or IT number.
14. Enable the option Set/Alter VAT Details? and provide the relevant details.
The Ledger Creation screen appears as shown below:
15. 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 ledger.
3. Select Sundry Debtors as the group name in the field Under .
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. Set Inventory values are affected? to Yes , if required.
8. Enter the Mailing Details .
9. Select the required Country .
10. Select the required State .
11. Enter the Pincode .
12. Specify the bank details in the field Provide bank details , if required.
13. Enter the PAN or IT number.
14. Enable the option Set/Alter VAT Details? and provide the relevant details.
The Ledger Creation screen appears as shown below:
15. Press Enter to save.
Note: For interstate transactions, you can create ledgers for suppliers and customers belonging to other states.
To configure VAT details
1. Click F12: Configure in VAT Details screen.
2. Enter the CST No. in VAT Details screen.
3. Enter the Import/Export Code .
4. Select the Type of Exemption .
5. Enter the registration number and date.
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.
6. Press Ctrl+A to save.
