Here in Tally.ERP 9 Accounting Software we have a separate Ledger Group called Fixed Assets to create fixed assets for a Company. And here we are going to create Furniture Account which is a fixed asset of the company.
|Fixed Asset Ledger creation in Tally.ERP 9|
- From Gateway of Tally screen get to the Ledger Creation screen.
- There enter the Fixed Asset name in the Name field e.g., Furniture.
- And choose Fixed Assets Group from the List of Groups for Under field.
- Enter the Closing Balances of the Fixed Assets if it is already found in the old books of accounts.
And save the screen to create the Fixed Asset. And this is how to create Fixed Asset in Tally.ERP 9.