Party Ledgers

Sundry Creditor Ledger

To create a Sundry Creditor (Supplier) ledger,

Go to Gateway of Tally > Accounts Info. > Ledger > Create

Click on F12: Configure button and set the field Use ADDRESSES for Ledger Accounts to Yes.

In the Ledger creation screen,

1. Enter the Name as Fabric House

2. Select Sundry Creditors in the Under field

3. Set Maintain balances bill-by-bill to Yes and enter the Default Credit Period if any

4. In the Mailing Details section,

5. The Name will be displayed as Fabric House

6. Enter the Address details

7. In the Tax Information section enter the VAT TIN Number

5. Press Y or Enter to accept the party ledger screen.

Customer Ledger

To create a Sundry Debtor (Customer) ledger,

Go to Gateway of Tally > Accounts Info. > Ledger > Create

Ensure that in F12: Master Configuration the option Use ADDRESSES for Ledger Accounts is set to Yes.

In the Ledger creation screen,

1. Enter the Name as Apparels Enterprise

2. Select Sundry Debtors in the Under field

3. Set Maintain balances bill-by-bill to Yes and enter the Default Credit Period if any

4. In the Mailing Details section

5. The Name will be displayed as Apparel Enterprise

6. Enter the Address details

7. In the Tax Information section enter the VAT TIN Number

5. Accept the Sundry Debtor ledger.