Tally.ERP 9 supports to create Capital Ledger with the help of Capital Group available in the Accounting Software. With the Ledger Creation screen in Tally we can create the Capital Ledger Account. Apart that it support to record the Mailing Details and Tax Information of the Person who brought the Capital into the firm.
|Capital Ledger Creation in Tally.ERP 9|
- Gave a name to your Capital Account like Venkkatesh Capital A/c.
- And you must select Capital Account Group for under field.
- Under the Mailing Details section you can provide the contact details of the Capital holder.
- Tax details of the Capital holder can be recorded under Tax Information section.
- If it is a running company and having the Opening Balance then enter it in the Opening Balance field.
Accept the screen to create the Capital Ledger. And this is how we can create a Capital Ledger in Tally.ERP 9 with all major details.