LEDGERS

Ledger NameGroup NameOPENING BALANCE
Share Premium A/cReserve & SurplusNILL
Export (0%)Sales AccountNILL
Delhi BranchBranch/DivisionsNILL
Coke ExpensesIndirect Expenses OR Expense(Indirect)NILL
SalaryIndirect Expenses OR Expense(Indirect)NILL
General ReserveRetained EarringNILL
Interest on InvestmentIndirect Income OR Income(Indirect)NILL
like Advance to SupplierLoans and Advances (Assets)NILL
Consumed MaterialDirect Expenses OR Expenses(Direct)NILL
Bill receivableCurrent AssetsNILL
Commission allowedIndirect Expenses OR Expense(Indirect)NILL
Professional Charges IncomeDirect Incomes OR Income(Direct)NILL
Audit FeesIndirect Expenses OR Expense(Indirect)NILL
Manager’s CommissionIndirect Expenses OR Expense(Indirect)NILL
Coal, Gas & Water of FactoryDirect Expenses OR Expenses(Direct)NILL
Furniture and FittingsFixed AssetsNILL
Freight & CartageDirect Expenses OR Expenses(Direct)NILL
Loading Unloading ExpenseDirect Expenses OR Expenses(Direct)NILL
Bad DebtsIndirect Expenses OR Expense(Indirect)NILL
Life insuranceCapital A/cNILL
Long term investmentInvestmentsNILL
depriciationIndirect Expenses OR Expense(Indirect)NILL
Import dutyDirect Expenses OR Expenses(Direct)NILL
Coal & FuelDirect Expenses OR Expenses(Direct)NILL
Party from Whom any Bill of Expense ReceivedSundry CreditorNILL
Sales Local Nil RatedSales AccountNILL
(Personal Savings Account and FD not recorded)Bank AccountNILL
CarFixed AssetsNILL
LaptopsFixed AssetsNILL
UPTTIndirect Expenses OR Expense(Indirect)NILL
Factory lightingFixed AssetsNILL
Freight Charges IncomeDirect Incomes OR Income(Direct)NILL
All Indirect Expenses likeIndirect Expenses OR Expense(Indirect)NILL
Loans From Outside PartyLoans LiabilitiesNILL
Loss on theftIndirect Expenses OR Expense(Indirect)NILL
Provision for ExpenseProvisionsNILL
Loans From Aravind(Friend)Loans LiabilitiesNILL
INPUT CGST SGST IGST CESSDuties and TaxesNILL
Delivery Charges(In Purchase BillDirect Expenses OR Expenses(Direct)NILL
Purchase ReturnPurchase AccountsNILL
LaborDirect Expenses OR Expenses(Direct)NILL
Share CapitalCapital A/cNILL
taken from bank Bank OCCNILL
Discount allowedIndirect Expenses OR Expense(Indirect)NILL
Sale To Consumer (Exempt)Sales AccountNILL
Electricity DepositDeposit AccountNILL
MobileFixed AssetsNILL
All types of Capital Account likeCapital A/cNILL
Purchase (Own Branch)Purchase AccountsNILL
Input Vat Accounts Duties and TaxesNILL
Telephone chargeIndirect Expenses OR Expense(Indirect)NILL
Fuel Expenses A/cIndirect Expenses OR Expense(Indirect)NILL
Rounded OffIndirect Expenses OR Expense(Indirect)NILL
Any other ReserveRetained EarringNILL
Accrued incomeCurrent AssetsNILL
CarriageDirect Expenses OR Expenses(Direct)NILL
Service Tax Payable Duties and TaxesNILL
Maintainance Service IncomeDirect Incomes OR Income(Direct)NILL
or loan from friends /relativesUnsecured LoanNILL
Prepaid Insurance ChargesCurrent AssetsNILL
Interest ReceivablesCurrent AssetsNILL
Security DepositDeposit AccountNILL
Air ConditionerFixed AssetsNILL
Stationary ExpenseIndirect Expenses OR Expense(Indirect)NILL
Rent ExpenseIndirect Expenses OR Expense(Indirect)NILL
Legal Expenses/ChargesIndirect Expenses OR Expense(Indirect)NILL
Any Party to Whom Sales MadeSundry DebtorsNILL
like Loan Given to Friends Relatives/Related CompaniesLoans and Advances (Assets)NILL
Like Short term loan from directorsUnsecured LoanNILL
Any Party to whom we gave AdvanceLoans and Advances (Assets)NILL
Sales Local (Exempt Registered)Sales AccountNILL
OUTPUT GST SGST IGST CESSDuties and TaxesNILL
(Cash kept with Employee)Cash in Hand NILL
All expenses which appear in Trading Account (except purchases) likeDirect Expenses OR Expenses(Direct)NILL
Outstanding expensesIndirect Expenses OR Expense(Indirect)NILL
Purchase Local (Exempt Registered)Purchase AccountsNILL
Capital Reserve A/cReserve & SurplusNILL
Taxi fareIndirect Expenses OR Expense(Indirect)NILL
Sales Interstate Nil RatedSales AccountNILL
Postage & courierIndirect Expenses OR Expense(Indirect)NILL
Purchase (Composition)Purchase AccountsNILL
Profit and Loss AccountAlready Created in TallyNILL
Penalty Indirect Expenses OR Expense(Indirect)NILL
Printing ExpenseIndirect Expenses OR Expense(Indirect)NILL
Salers Export TaxableSales AccountNILL
Loans taken  for whom no Security givenUnsecured LoanNILL
CashAlready Created in TallyNILL
Coffee ExpensesIndirect Expenses OR Expense(Indirect)NILL
Electricity Expense (Factory)Direct Expenses OR Expenses(Direct)NILL
StockStock-in-handNILL
Liabilty of ExpensesIndirect Expenses OR Expense(Indirect)NILL
Overdraft Limit (OD)Bank ODNILL
Closing StockStock-in-handNILL
All Provisions except Provisions for bad debtsProvisionsNILL
 Imprest AccountCash in Hand NILL
Discount ReceivedIndirect Income OR Income(Indirect)NILL
TDS Payables Duties and TaxesNILL
Drawings Capital A/cNILL
Land & BuildingFixed AssetsNILL
Director Remuneration ExpenseIndirect Expenses OR Expense(Indirect)NILL
Cash Credit Limit (CC)Bank OCCNILL
Any payment or receipt from party whose name not knownSuspense A/cNILL
Partner Current AccountCapital A/cNILL
Preliminary Expenses A/cIndirect Expenses OR Expense(Indirect)NILL
Consultancy Charges IncomeDirect Incomes OR Income(Direct)NILL
Share PremiumRetained EarringNILL
Warehousing ExpensesDirect Expenses OR Expenses(Direct)NILL
Any Branch whose Separate Accounting DoneBranch/DivisionsNILL
Petty CashCash in Hand NILL
All types of Sales Accounts likeSales AccountNILL
Cenvat AccountsDuties and TaxesNILL
Prepaid RentCurrent AssetsNILL
Donation & charityIndirect Expenses OR Expense(Indirect)NILL
All Bank Current AccountBank AccountNILL
Purchase Reverse ChargePurchase AccountsNILL
Purchase Taxable (Unregistered Dealer)Purchase AccountsNILL
Sale ReturnSales AccountNILL
Sales Interstate 12%Sales AccountNILL
Prepaid ExpenseCurrent AssetsNILL
WagesDirect Expenses OR Expenses(Direct)NILL
Only 2 Accounts Already Created likeAlready Created in TallyNILL
Provision for Bad DebtsSundry DebtorsNILL
Loans for whom Security GivenSecured LoanNILL
Delivery Charges IncomeDirect Incomes OR Income(Direct)NILL
Accrued expensesIndirect Expenses OR Expense(Indirect)NILL
Proprietor AccountCapital A/cNILL
Bank chargesIndirect Expenses OR Expense(Indirect)NILL
Partner Capital AccountCapital A/cNILL
Accumulated depriciationFixed AssetsNILL
like loan from bank/ Financial InstitutionSecured LoanNILL
Income TaxDuties and TaxesNILL
Debenture A/cLoans LiabilitiesNILL
Sales Local 12 % (Registered)Sales AccountNILL
Partners Capital A/cCapital A/cNILL
Prepaid Maintenance ExpenseCurrent AssetsNILL
Preliminary ExpensesMisc. Expense (ASSET)NILL
All Bank FD AccountBank AccountNILL
Mutual FundCurrent AssetsNILL
Professional FeesIndirect Expenses OR Expense(Indirect)NILL
Investment in Property/Plot etc.InvestmentsNILL
Short Term InvestmentInvestmentsNILL
Interest ExpenseIndirect Expenses OR Expense(Indirect)NILL
Sale To Consumer (0%)Sales AccountNILL
Good willFixed AssetsNILL
Advertisement ExpenseIndirect Expenses OR Expense(Indirect)NILL
Opening StockStock-in-handNILL
RoyaltyIndirect Expenses OR Expense(Indirect)NILL
Loans From BankLoans LiabilitiesNILL
Purchase Local 12 %Purchase AccountsNILL
Maintenance ExpenseIndirect Expenses OR Expense(Indirect)NILL
Any Party from Whom Goods PurchasedSundry CreditorNILL
Suspense AccountSuspense A/cNILL
Professional ChargesIndirect Expenses OR Expense(Indirect)NILL
PowerDirect Expenses OR Expenses(Direct)NILL
Output Vat Accounts Duties and TaxesNILL
Consignment StockStock-in-handNILL
All types of Payables like Salary Payable, Audit fees Payable,ProvisionsNILL
General ReserveReserve & SurplusNILL
Purchase Interstate 0%Purchase AccountsNILL
Investment Allowance Reserve A/cReserve & SurplusNILL
Sale taxDuties and TaxesNILL
Loss by fireIndirect Expenses OR Expense(Indirect)NILL
Repair chargeIndirect Expenses OR Expense(Indirect)NILL
Any Party to whom we gave loanLoans and Advances (Assets)NILL
(If  branch account maintained by head office only, then this account not required)Branch/DivisionsNILL
Insurance premiumIndirect Expenses OR Expense(Indirect)NILL
Reverse and SurplusReserve & SurplusNILL
We can also put group Secured loan or Unsecured loanLoans LiabilitiesNILL
FurnitureFixed AssetsNILL
Purchase Import Nil RatedPurchase AccountsNILL
MachineFixed AssetsNILL
SuspenseSuspense A/cNILL
CGST SGST IGST  PayableCurrent LiabilitiesNILL
Purchase Import Taxable 12%Purchase AccountsNILL
taken from bank Bank ODNILL
All types of Taxes likeDuties and TaxesNILL
VAT PayableDuties and TaxesNILL
Any Party from whom we take loan.Loans LiabilitiesNILL
Any Income from main service likeDirect Incomes OR Income(Direct)NILL
Purchase Nil Rated (Unregistered Dealer)Purchase AccountsNILL
Purchase Exempt (Unregistered Dealer)Purchase AccountsNILL
Bill PayableCurrent LiabilitiesNILL
Rent DepositDeposit AccountNILL
Purchase Import ExemptPurchase AccountsNILL
Bill drawnCurrent LiabilitiesNILL
Transporation Charges IncomeDirect Incomes OR Income(Direct)NILL
Export DutyDirect Expenses OR Expenses(Direct)NILL
Legal chargeIndirect Expenses OR Expense(Indirect)NILL
Sale To Consumer (Taxable 12%)Sales AccountNILL
Wages on ProductionDirect Expenses OR Expenses(Direct)NILL
Equity Capital A/cCapital A/cNILL
Branch in divisionBranch/DivisionsNILL
Purchase Local 0%Purchase AccountsNILL
Excise Duty Payable etcDuties and TaxesNILL
Sales (Own Branch)Sales AccountNILL
Provision for TaxProvisionsNILL
CGST SGST IGST CreditCurrent AssetsNILL
ComputersFixed AssetsNILL
Foreign Exchange fluctuationIndirect Expenses OR Expense(Indirect)NILL
Plant and MachineryFixed AssetsNILL
Travelling expensesIndirect Expenses OR Expense(Indirect)NILL
Depreciation ExpensesIndirect Expenses OR Expense(Indirect)NILL
Investment in BondsInvestmentsNILL
Interest on loanIndirect Expenses OR Expense(Indirect)NILL
Purchase Interstate 12%Purchase AccountsNILL
Salers Export With BondSales AccountNILL
Any type of reserve likeReserve & SurplusNILL
ScooterFixed AssetsNILL
Office lightingFixed AssetsNILL
Custom Clearing ChargesDirect Expenses OR Expenses(Direct)NILL
All types of Purchase Accounts likePurchase AccountsNILL
Free sampleIndirect Expenses OR Expense(Indirect)NILL
All Indirect Income likeIndirect Income OR Income(Indirect)NILL
Bad debtIndirect Expenses OR Expense(Indirect)NILL
All types of deposits likeDeposit AccountNILL
Provision for Sinking FundProvisionsNILL
Investment in SharesInvestmentsNILL
Capital Reserve Reserve & SurplusNILL