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Create Accounting Group in TallyERP9

Create Accounting Group in TallyERP9

Create Accounting Group in Single Mode

Learn how to Create Accounting Group in Multiple Mode in Tally ERP9

Create Group in Single Mode

In this chapter you will learn how to create Single Group at a time.

For creating Single Group, from Gateway of Tally go to Accounts Info>Groups>Single Group-Create Press enter

accounting group in tally

Group Creation screen will appear as shown below:

accounting group in tally

Its Groups creation screen in advanced mode. if you see a small screen with less option. Press F12 for configuration, Select ‘Yes’ in Allow ADVANCED entries in masters.

OptionDescription
NameEnter the name of the Group you want to create.
AliasEnter the alias name in addition to its name, or leave it blank. For example, you can enter DNR as shortcut name for Debtor - Northern Region
UnderSelect the appropriate Group name from the list (right hand side). For Example, Sundry Debtor in this case
Group behave liks Sub-LedgerIf you Select 'No' to this option, it will allow you to display all ledger under this group in detailed mode. But if you select 'Yes' to this option, it will not allow to display ledger under this group but it will behave as ledger and will display total balance figure of all ledger under this group
Nett Debit/Credit Balances for Reporting?If this is set to 'No', both debit and credit balances will be displayed in the report otherwise it will display either the net debit or credit balance in the report (whichever is higher).
Used for CalculationSet this option to Yes if ledgers under this group would have percentages for discounts/taxes to be used in invoice entry. This gets reflected while passing voucher entry in Invoice mode and for automatic calculations
Method to allocate when used in purchase invoiceSelect the appropriate allocation method from the list. This is used to allocate the expense of the Item in the ratio of the quantity or value

Create Groups in Multiple Mode

In this chapter you will learn how to create Multiple Groups at a time.

For creating Multiple Groups, from Gateway of Tally go to Accounts Info>Groups>Multiple Groups-Create Press enter.

multiple group creation in tallyGroup Creation screen will appear as shown below:

gropu creation in tally

Under: -Select the appropriate Group name from the list (right hand side). For Example, Sundry Debtor in this case

Name of Group: -Type the group name in this field Debtor – Southern Region in this case. Press enter and again type the second name of group under the Sundry Debtor.

You can create all the groups according to your Chart/List of Accounts

In the next chapter you will learn about How to Alter Group

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