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How to create Savings or Current Bank Account Ledger in Tally.ERP 9?


There are pre-defined Ledger Groups available in Tally.ERP 9 Account Software to create the almost all financial Ledgers likewise for creating Savings or Current Bank Account Ledgers for SBI, ICICI, Axis, Andhra Banks also we have a Ledger Group named Bank Accounts.

How to create Savings or Current Bank Account Ledger in Tally.ERP 9?
Bank Account Ledger in Tally.ERP 9

In order to create a Bank Account Ledger we must use the Ledger Creation screen in Tally.ERP 9. And here we are creating a Bank Ledger Account for recording Savings Bank transactions.

  1. In Ledger Creation screen enter the Name of the Bank i.e. SBI
  2. Select the Bank Accounts group from the List of Groups for Under field.
  3. If you want to set your Bank Details like Bank Name, Account Number, IFSC Code then go with Set/Alter Bank Details option.
  4. If there is any opening balance available enter it in the Opening Balance as on that particular date.

For both Savings as well Current Bank Account in Tally we can use same Ledger Group i.e. Bank Accounts.

Accept the screen to create the ledger. And this is how to create Savings or Current Bank Account Ledger in Tally.ERP 9 Accounting Software.

How to create Office Building Advance Ledger Account in Tally.ERP 9?


In Tally.ERP 9 Accounting Software we have Pre-defined Default Ledger Group to create Advances Ledger Account. When advances like Office Building Advances, Trade Advances paid such transaction can be recorded in the Ledger Accounts created under Loans & Advances (Asset) Group.

How to create Office Building Advance Ledger Account in Tally.ERP 9
Office Building Advance Ledger Account creation in Tally.ERP 9

So, in order to create the Advances Ledger account in Tally.ERP 9 we can use the available Pre-defined Ledger Group in Tally Software. Here we are creating Office Building Advance Ledger using the Loans & Advances (Asset) Group. In order to create the Office Building Advance Ledger Account

  1. Open the Ledger Creation screen
  2. Enter the name of the Ledger i.e., Office Building Advance
  3. Select Loans & Advances (Asset) from the List of Groups for the Under field.

And save the Ledger Creation screen to create the Office Building Advance Ledger account. And this is how to create Office Buidling Advance Ledger Account in Tally.ERP 9.

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.

How to record Purchase Return in Tally.ERP 9?


In Tally.ERP 9 Accounting Software we can record the Purchase Returns using the Debit Note Voucher Type. There will be deed stock at the Dealers or Traders after the seasonal sale or if the products are out of fashion. In that case the commodities will not be sold out in the market. Hence, they have to be returned to the Manufacturer or Supplier in order to gain the Credit Note from them.

How to Record Purchase Returns using Debit Note Voucher in Tally Software
Debit Note Voucher Creation in Tally.ERP 9 Accounting Software

In Tally we can record the Purchase Return Goods, by passing a Debit Note Voucher entry by debiting either Cash or Creditor Account Ledger. There must be a Purchase transaction, prior to the Purchase Return. If there is a Purchase Return Voucher entry found before Purchases in the Books of Accounts, then it is the mistake of the Bookkeeper. It is the major point one must keep in mind while accounting the purchase returns.

Here we are recording Goods Return worth Rs. 8,000. Before going pass the Voucher entry, we have to create Purchase Return Ledger. For the Purchase Return transaction there is Debit Note Voucher Type available in Tally Accounting Software.

As you debiting the Supplier Ledger in your books, hence this voucher is called as Debit Note. If you enter Purchase Return (here in tally Debit Note) of Credit Purchase you Debit the Sundry Creditor Ledger otherwise you debit the Cash Ledger.

For recording the Purchase Return

  1. Select Accounting Vouchers option under Transaction in Gateway of Tally screen.
  2. In the Accounting Voucher Creation screen you can see the type of the Voucher opened.
  3. To change the Voucher Type to Debit Note Voucher Type either, select the Debit Note button available in the Button Area or press Ctrl+ F9 Keys using the Keyboard.

If the Debit Note Button is disabled and not opening the debit note voucher. Set “Use Debit/Credit Notes” option as YES from “Accounting Features” screen. Find this option in the below screen

Keep YES for Use Debit/Credit Notes under Invoicing for enabling Debit Note Voucher
Enabling Debit Notes in Tally.ERP 9

How to create Purchase Return Ledger Account in Tally.ERP 9?


In order to record the Goods Returned to suppliers, we can create a Purchase Returns Ledger account in Tally.EPR 9 Accounting Software. But we do not have separate Ledger Group for creating the Purchase Returns Ledger. So, we have to choose suitable Trading Ledger Group.

How to create Purchase Return Ledger Account in Tally ERP 9?
Purchase Return Ledger creation in Tally.ERP 9

In Tally.ERP 9 we have Predefined Groups to create Ledger Accounts. So, we can use one of the Groups to create the Purchase Returns Ledger Account. And the best suitable Group is Purchase Accounts Group as it indirectly affects the Purchase Account in Trading Account.

In order to create Purchase Returns Ledger Account

  1. Get to the Ledger Creation screen.
  2. Provide the Name for the Ledger e.g. Purchase Returns A/c.
  3. And choose Purchase Accounts Group name for Under field.
  4. And set Yes option for Inventory values are affected field if Accounts are maintained with Inventory is enabled.

And accept the Ledger Creation screen to create the Purchase Returns Ledger. And this is how to create Purchase Returns Ledger in Tally.ERP 9.