Tally Ledger List

1 Group NameLedger NameAll types of Purchase Accounts likePurchase local 12 %Purchase Interstate 12%Purchase local 0%Purchase Interstate 0%Purchase (Composition)Purchase Exempt (Unregistered Dealer)Purchase local (Exempt Registered)Purchase Taxable (Unregistered Dealer)Purchase Nil Rated (Unregistered Dealer)Purchase Reverse ChargePurchase Import Taxable 12%Purchase Import ExemptPurchase Import Nil RatedPurchase (Own Branch)Purchase ReturnAll types of Sales Accounts likeSales local 12 % (Registered)Sales Interstate 12%Sales local Nil RatedSales Interstate Nil RatedSalers Export With BondSalers Export TaxableExport (0%)Sales local (Exempt Registered)Sale To Consumer (Taxable 12%)Sale To Consumer (0%)Sale To Consumer (Exempt)Sales (Own Branch)Sale ReturnAll types of Taxes likeINPUT CGST SGST IGST CESSOUTPUT GST SGST IGST CESSE xcise Duty Payable etcService Tax Payable TDS Payables Input Vat Accounts Output Vat Accounts Cenvat AccountsSale taxIncome TaxVAT PayableAll expenses which appear in Trading Account (except purchases) likeLaborPowerElectricity Expense (Factory)Loading Unloading ExpenseWarehousing ExpensesCustom Clearing ChargesCarriageFreight & CartageImport dutyWagesCoal & FuelTally Ledger ListPurchase AccountsSales AccountDuties and TaxesDirect Expenses OR Expenses(Direct)

2 Coal, Gas & Water of FactoryConsumed MaterialExport DutyWages on ProductionDelivery Charges(In Purchase BillAll Indirect Expenses likeRounded OffSalaryAdvertisement ExpenseMaintenance ExpenseRent ExpenseDirector Remuneration ExpenseBad DebtsPrinting ExpenseStationary ExpenseForeign Exchange fluctuationAudit FeesProfessional ChargesLegal Expenses/ChargesDepreciation ExpensesInterest ExpensePenalty RoyaltyBank chargesCommission allowedDiscount allowedDonation & charityFree sampleInsurance premiumInterest on loanLegal chargeLoss by firePostage & courierRepair chargeTaxi fareTelephone chargeTravelling expensesOutstanding expensesAccrued expensesBad debtLoss on theftdepriciationCoffee ExpensesCoke ExpensesManager s CommissionUPTTFuel Expenses A/cLiabilty of ExpensesPreliminary)

3 Expenses A/cProfessional FeesAll Indirect Income likeDiscount ReceivedInterest on InvestmentOnly 2 Accounts Already Created likeCashProfit and Loss AccountAlready Created in TallyIndirect Income OR Income(Indirect)Direct Expenses OR Expenses(Direct)Indirect Expenses OR Expense(Indirect)All Bank Current AccountAll Bank FD Account(Personal Savings Account and FD not recorded)All types of deposits likeSecurity DepositElectricity DepositRent DepositAll types of Capital Account likeShare CapitalPartner Capital AccountPartner Current AccountProprietor AccountDrawings Life insuranceEquity Capital A/cPartners Capital A/cPrepaid Maintenance ExpensePrepaid ExpensePrepaid RentPrepaid Insurance ChargesInterest ReceivablesBill receivableAccrued incomeMutual FundCGST SGST IGST CreditBill drawnBill PayableCGST SGST IGST PayableAny Party from Whom Goods PurchasedParty from Whom any Bill of Expense ReceivedAny Party to whom we gave loanlike Loan Given to Friends Relatives/Related CompaniesAny Party to whom we gave Advancelike Advance to SupplierAny Party from whom we take can also put group Secured loan or Unsecured loanDebenture A/cLoans From

4 BankLoans From Outside PartyLoans From Aravind(Friend)All Fixed Assets on which Depreciation charged likeFurnitureMachinePlant and MachineryMobileComputersFurniture and FittingsCarScooterLaptopsOffice lightingLand & BuildingCapital A/cCurrent AssetsLoans LiabilitiesFixed AssetsBank AccountDeposit AccountSundry CreditorLoans and Advances (Assets)Current LiabilitiesGood willFactory lightingAir ConditionerAccumulated depriciationCash Credit Limit (CC)taken from bank Overdraft Limit (OD)taken from bank Any Branch whose Separate Accounting Done(If branch account maintained by head office only, then this account not required)Delhi BranchBranch in division Imprest Account(Cash kept with Employee)Petty CashAll types of Investments likeInvestment in SharesInvestment in BondsInvestment in Property/Plot term investmentShort Term InvestmentStockClosing StockConsignment StockOpening StockPreliminary ExpensesNOT yet written offSuspense AccountAny payment or receipt from party whose name not knownSuspenseLoans for whom Security Givenlike loan from bank/ Financial InstitutionLoans taken for whom no Security givenLike Short term loan from directorsor loan from friends /relativesAny type of reserve likeGeneral ReserveCapital Reserve Capital Reserve A/cInvestment Allowance Reserve A/cShare Premium A/cReverse and SurplusAll Provisions except Provisions for bad debtsProvision for TaxProvision for ExpenseProvision for Sinking FundAll types of Payables like Salary Payable.

5 Audit fees Payable,ProvisionsBranch/DivisionsInvest mentsMisc. Expense (ASSET)Suspense A/cSecured LoanUnsecured LoanReserve & SurplusStock-in-handFixed AssetsBank OCCBank ODCash in Hand Any Party to Whom Sales MadeProvision for Bad DebtsGeneral ReserveShare PremiumAny other ReserveAny Income from main service likeFreight Charges IncomeDelivery Charges IncomeTransporation Charges IncomeProfessional Charges IncomeConsultancy Charges IncomeMaintainance Service IncomeRetained EarringDirect Incomes OR Income(Direct)Sundry Debtors