How to Create Accounting Master in TallyERP9

How to Create List / Chart of Accounts

There are Pre-defined 28 Groups are available by default in Tally.ERP9. Once you create company, from Gateway of Tally go to Display>List of Accounts to see all the 28 Groups. These Primary Groups can’t be deleted, however, you can rename but it is not suggested.

We recommend, first you should create List / Chart of Accounts according to your business requirement then you create Groups & Ledgers.

We have created List/Chart of Accounts which may be suitable to all types of business as shown below:

chart of accounts in tally