Party Ledger (Kenya)
A business deals with customers, wholesalers, retailers
and many such business parties on a day-to-day basis. You need to create
party ledgers to record transactions that you make, which may involve
receipts or payments, or supplies or receipts from these parties.
On this page
Creating
a Supplier Ledger
Creating
a Customer 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.
Enter
the
Mailing Details
.
8.
Select
the required
Country
.
9.
Provide
bank details, if required.
10.
Enter
the
PIN
.
11.
Enable
the option
Set/Alter
VAT Details
.
12.
Provide
the relevant details. The
Ledger Creation
screen appears as shown below:
13.
Press
Enter
to save.
1.
Go to
Gateway of Tally
>
Accounts
Info.
>
Ledgers
>
Create
.
2.
Enter
the
Name
of the customer ledger.
3.
Select
Sundry Debtors
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.
Enter
the
Mailing Details
.
8.
Select
the required
Country
.
9.
Provide
bank details, if required.
10.
Enter
the
PIN
.
11.
Enable
the option
Set/Alter
VAT Details
.
12.
Provide
the relevant details. The
Ledger Creation
screen appears as shown below:
13.
Press
Enter
to save.
