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deference for expenses and income
What else can I help you with?
What are the multiple ledgers in tally?
Multi Ledger is a group of Ledgers. Tally provides the Multi Ledger option to post it to a different ledger using this Multi ledger concept. It is just a grouping concept.
How account are create in tally?
gateway of tally -> accounts info-> ledgers -> create ( This answer give Subru isit kottakkal)
Accounting standard with respect to tally 7.2?
In Tally, a ledger is a record of all financial transactions related to a specific account, such as cash, bank, sales, purchases, expenses, etc. Before you can pass voucher entries, you need to create the required ledgers in Tally. While some default ledgers are created automatically, you'll need to create additional ledgers manually.
How do you do drawing entry in tally payment voucher?
create voucher is wrong create Ledgers & Pass the vouchers Gateway of tally accounts info ledgers create after create ledger gate way of tally accounting vouchers now pass the entries
How do you enter capital in tally?
To enter capital in Tally, go to the 'Gateway of Tally' and select 'Accounts Info.' Then, navigate to 'Ledgers' and create a new ledger for the capital account if it doesn't exist. Choose 'Credit' as the type of entry and input the amount to reflect the capital contribution. Finally, save the changes, and the capital will be recorded in your accounts.
How can delete any ladger in tally?
1st of all go into Account Info then Ledgers then Alter, once you click on Alter you will see the list of the ledgers which are created by you and then the ledger which you want to delete simply go into that ledger and then press Alt+D then press y and now your ledger will be deleted.
Is it compulsory to prepare trial balance?
Preparation of trial balance insures that all the debits and credits of different transactions are equal and both debit and credit side is equal and all transactions are properly balanced and transferred to relative ledgers. If trial balance is not tally properly it means that there is some mistake while transferring transections from journal to ledgers.
Is it compulsory to prepare the trial balance?
Preparation of trial balance insures that all the debits and credits of different transactions are equal and both debit and credit side is equal and all transactions are properly balanced and transferred to relative ledgers. If trial balance is not tally properly it means that there is some mistake while transferring transections from journal to ledgers.
Tally 7.2 ledger created but not showing in list of ledgers?
If your Tally 7.2 ledger is not appearing in the list, it could be due to a few reasons. First, ensure that the ledger was saved correctly and that you are viewing the correct company and period. Additionally, check if the ledger was created in a different group or if there are any filters applied that might be hiding it. If the issue persists, consider restarting Tally or checking for any software updates that might resolve the problem.
How can tally import data?
For copying masters from one company to another company select the two companies from main menu of tally i.e Gateway of Tally.. Open the company from where you want to copy the master then go to GWT>>Accounts info>>Ledgers>alter>select the particular ledger,then press F3 and select the second company,then accept the screen by ctrl+A. Susanta Malik Tally solutions pvt.Ltd Bangalore Email:susantamallik89@gmail.com
What are disadvantages of tally 9 software?
Disadvantages of Tally Its a Package not an ERP what ever they provide we use that only if any one want extra fealdes it will be charge Multiple entrys in single time not posible for each entry it will take some time ledger wise controls not available
What is meaning of legder in tally?
In Tally, a ledger is a record that contains all the financial transactions related to a specific account, such as revenues, expenses, assets, or liabilities. Each ledger is part of a larger group and helps in organizing and tracking financial data efficiently. Ledgers facilitate accurate reporting and analysis by summarizing individual transactions into comprehensive financial statements.
