Create Accounting Group in TallyERP9
Create Accounting Group in Single Mode
Learn how to Create Accounting Group in Multiple Mode in Tally ERP9
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
Group Creation screen will appear as shown below:
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.
| Option | Description |
|---|---|
| Name | Enter the name of the Group you want to create. |
| Alias | Enter 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 |
| Under | Select the appropriate Group name from the list (right hand side). For Example, Sundry Debtor in this case |
| Group behave liks Sub-Ledger | If 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 Calculation | Set 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 invoice | Select 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.
Group Creation screen will appear as shown below:
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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