How to create Ledgers in Tally Prime? After creating a company in Tally, the next step is to create a Groups & Ledgers account. A ledger is an actual account used to identify business transactions and are used in all accounting vouchers. For example, purchase, payments, sales, receipts, and others account heads are ledger accounts. Without a ledger, you cannot record any transaction.
All ledgers accounts have to be classified under groups. These groups and ledgers are classified into profit and loss or balance sheets. There are two already set ledgers in Tally Prime: Cash ledger & Profit and loss account. In this article, we have explained various ways to create Ledgers in Tally Prime. AIAT is the Best Tally Prime Class in Nagpur. They Provide Tally Prime with GST Training in Nagpur.
Create Ledgers One by One
1. Go to Gateway of Tally > Create > type or select Ledger and press Enter.
2. Alternatively, press Alt+G (Go To) > Create Master > type or select Ledger and press Enter.
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