Tally Prime - Ledger and Group

Ledger-Group Description

Tally Prime

 

S.no	Ledger	Group	Side
1	Carriage	Direct Expenses	Dr.
2	Carriage Inward / Carriage on Purchase	Direct Expenses	Dr.
3	Custom Duty of Import	Direct Expenses	Dr.
4	Dock Charge (Inward)	Direct Expenses	Dr.
5	Factory Duty	Direct Expenses	Dr.
6	Factory Expenses & Insurance	Direct Expenses	Dr.
7	Freight Inward	Direct Expenses	Dr.
8	Fuel, Heating & Lighting	Direct Expenses	Dr.
9	Gas, Water & Oil	Direct Expenses	Dr.
10	Grease	Direct Expenses	Dr.
11	Manufacturing Exp.	Direct Expenses	Dr.
12	Motive Power, Coal	Direct Expenses	Dr.
13	Royalty Based on Product	Direct Expenses	Dr.
14	Wages	Direct Expenses	Dr.
15	Consult Charges Income	Direct Income	Cr.
16	Professional Charges Income	Direct Income	Cr.
17	Delivery /Freight charges Income	Direct Income	Cr.
18	Advertisement	Indirect Expenses	Dr.
19	Audit Fees	Indirect Expenses	Dr.
20	Bad Debts	Indirect Expenses	Dr.
21	Bank Charges	Indirect Expenses	Dr.
22	Boxes & Labels	Indirect Expenses	Dr.
23	Brokerage	Indirect Expenses	Dr.
24	Carriage Outward / Carriage on sales	Indirect Expenses	Dr.
25	Commission	Indirect Expenses	Dr.
26	Conveyance Expenses	Indirect Expenses	Dr.
27	Depreciation	Indirect Expenses	Dr.
28	Discount	Indirect Expenses	Dr.
29	Discount On Debtors	Indirect Expenses	Dr.
30	Distributive Expenses	Indirect Expenses	Dr.
31	Donation/Charity	Indirect Expenses	Dr.
32	Entertainment Expenses	Indirect Expenses	Dr.
33	Establishment Expenses	Indirect Expenses	Dr.
34	Export Duty	Indirect Expenses	Dr.
35	Freight Outward	Indirect Expenses	Dr.
36	General Expenses	Indirect Expenses	Dr.
37	Insurance	Indirect Expenses	Dr.
38	Interest on loan	Indirect Expenses	Dr.
39	Interest on Capital	Indirect Expenses	Dr.
40	Legal Charge & Law fess	Indirect Expenses	Dr.
41	License Fess	Indirect Expenses	Dr.
42	Loss Theft By Fire	Indirect Expenses	Dr.
43	Office Expenses	Indirect Expenses	Dr.
44	Office Lighting	Indirect Expenses	Dr.
45	Packing Expense	Indirect Expenses	Dr.
46	Postage & Telegram	Indirect Expenses	Dr.
47	Printing	Indirect Expenses	Dr.
48	Provisional for Bad debts(New/Old)	Indirect Expenses	Dr.
49	Rent, Rates & Taxes	Indirect Expenses	Dr.
50	Repair & Renewals	Indirect Expenses	Dr.
51	Rounded off	Indirect Expenses	Dr.
52	Salary	Indirect Expenses	Dr.
	Sales Tax	Indirect Expenses	Dr.
53	Stationary	Indirect Expenses	Dr.
54	Sundry Expenses	Indirect Expenses	Dr.
55	Telephone Exp	Indirect Expenses	Dr.
56	Trade Exp	Indirect Expenses	Dr.
57	Travelling Expenses	Indirect Expenses	Dr.
	Apprenticeship premium	Indirect Income	Cr.
58	Bad Debts Received	Indirect Income	Cr.
59	Commission (Cr)	Indirect Income	Cr.
60	Discount (Cr)	Indirect Income	Cr.
61	Discount On creditors	Indirect Income	Cr.
62	Interest (Cr)	Indirect Income	Cr.
63	Interest on drawing	Indirect Income	Cr.
64	Interest on Investment	Indirect Income	Cr.
65	Interest Received	Indirect Income	Cr.
66	Rent Received / Rent from tenants	Indirect Income	Cr.
	Misc. incomes / Misc. Receipts.	Indirect Income	Cr.
67	Air Conditioner / Mobile / Computer / Printer	Fixed Assets	Dr.
68	Brand	Fixed Assets	Dr.
69	Building	Fixed Assets	Dr.
70	Business Premises	Fixed Assets	Dr.
71	Freehold / lease Hold Hand	Fixed Assets	Dr.
72	Land	Fixed Assets	Dr.
73	Machinery	Fixed Assets	Dr.
74	Motor Vehicle	Fixed Assets	Dr.
75	Office Furniture & Fitting	Fixed Assets	Dr.
76	Patents	Fixed Assets	Dr.
77	Plant	Fixed Assets	Dr.
78	Tools/ Office Equipment’s	Fixed Assets	Dr.
79	Bank / Cash at Bank	Bank Account	Dr.
80	Cash / Cash in Hand / Petty Cash	Cash In Hand	Dr.
81	Bank Overdraft	Bank O/D Account	Cr
82	Capital	Capital Account	Cr
83	Drawings	Capital Account	Dr.
84	Purchase	Purchase Account	Dr.
85	Purchase Return /Return Outward	Purchase Account	Cr
86	Sales	Sales Account	Cr
87	Sales Return / Return Inward	Sales Account	Dr.
88	Stock Opening	Stock-In-Hand	Dr.
89	Stock Closing	Entry with Op. Stock	Dr.
90	Bills Receivable (BR)	Current Assets	Dr.
91	Goodwill	Current Assets	Dr.
92	Mutual Fund	Current Assets	Dr.
93	Outstanding Income	Current Assets	Dr.
94	Prepaid Expenses	Current Assets	Dr.
95	Outstanding Expenses	Current Liabilities	Cr
96	Bills Payable (BP)	Current Liability	Cr
97	Prepaid Income	Current Liability	Cr
98	Loans (Dr.) / Loan (Lent)	Loans (Advance Assets)	Dr.
99	Loans (Cr) / Loan from Bank / Loan (Borrowed)	Loans (Liability)	Cr
100	GST (CGST – SGST – IGST) / TDS / TCS	Duties & Taxes	Cr
101	Reserve Fund	Reserve & Surplus	Cr
102	Investment	Investment	Dr.
103	Sundry Creditors	Sundry Creditors	Cr
104	Sundry Debtors	Sundry Debtors	Dr.

 

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Tally Prime

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