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How to create Fixed Asset Ledger Account in Tally.ERP 9?

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.

How to create Furniture Fixed Asset Ledger Account in Tally.ERP 9
Fixed Asset Ledger creation in Tally.ERP 9

In order to create Furniture Ledger Account in Tally.ERP 9 we have to select the company in which you want to create the Fixed Asset Ledger.

  1. From Gateway of Tally screen get to the Ledger Creation screen.
  2. There enter the Fixed Asset name in the Name field e.g., Furniture.
  3. And choose Fixed Assets Group from the List of Groups for Under field.
  4. 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.

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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{ 2 Comments... read them below or add one }

abc said...

How to create PO for Fixed assets in tally and Goods receipt entry for the same

Venkkatesh K said...

In Inventory Features you need to enable the Allow purchase order processing

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