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Is is possible to create Petty Cash Ledger in Tally.ERP 9?

For large Companies there will be a Petty Cashier available to maintain Petty Expenses for which he gets Cash from the Main Cashier. So, he has to maintain Petty Cash Ledger. In Tally.ERP 9 we can record such transaction and maintain Petty Cash statement by creating Petty Cash Ledger in Tally.ERP 9.

How to create Petty Cash Ledger in Tally.ERP 9?
Petty Cash Ledger Creation

All the Petty Expenses like Coffee & Tea, Printing & Stationery, Office maintenance are mostly used to paid through Petty Cash by the Petty Cahiers. So, we have to create a separate Ledger for Petty Cash which is just similar to Cash Ledger Account in Tally.ERP 9.

In order to create the Petty Cash Ledger

  1. Open the Ledger Creation screen.
  2. Enter name as Petty Cash.
  3. Choose Cash-in-hand Group for Under field.
  4. And enter the Opening Balance if the ledger having opening balance.

Accept the Ledger Creation screen to create the Petty Cash Ledger. And this is how we can create Petty Cash Ledger in Tally.ERP 9 using Cash-in-hand group.

is the founder of AccountsGuy.Net with the view of providing Accounting and Technical support using Accounting package Tally ERP 9, and Office Tools to the people. I write articles on Accounts, Blogging, Computer Operating, and technical issues and some of my experiences on them for students, beginners. Follow our Networks or sing-up for the email newsletter below for your daily dose of Tips and Tricks.
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