Ledger Name Group in Tally
Equity Share Capital Capital Account
Rent Paid Indirect Expenses
Provision for Taxation Provisions
Consumption of
Direct Expenses
Material
Power Fuel Direct Expenses
Depreciation Indirect Expenses
General Reserve Reserves & Surplus
Cash Credit from Bank Secured Loans (or Bank OD A/c under Bank Accounts if overdraft
of India type)
TDS - Prof. Fees Duties & Taxes (or Current Liabilities if using sub-ledgers)
TDS - Interest Duties & Taxes (or Current Liabilities)
TDS - Rent Duties & Taxes (or Current Liabilities)
TDS - Salary Duties & Taxes (or Current Liabilities)
Depre. Res. Office Fixed Assets (or Depreciation Reserve under Provisions / Reserves &
Equipment Surplus, if it's a contra-asset account)
Plant & Machinery Fixed Assets
Building Fixed Assets
Furniture Fixed Assets
Petty Cash A/c Cash-in-Hand
Bank of Maharashtra Bank Accounts
Bank of India Bank Accounts
Vehicles Fixed Assets
Electrical Installation Fixed Assets
Purchase A/c Purchase Accounts
Sales A/c Sales Accounts
Purchase Return A/c Purchase Accounts
Sales Return A/c Sales Accounts
Salary A/c Indirect Expenses
Drawings Capital Account / Current Assets
Discount Received Indirect Incomes
Discount Allowed Indirect Expenses
Stationery A/c Indirect Expenses
Bank Charges Indirect Expenses
Telephone Charges Indirect Expenses
Ledger Name Correct Group in Tally
Surag Brothers Sundry Debtors
Sagar & Sons Sundry Debtors
Patil & Co. Sundry Debtors
Dharma Enterprises Sundry Debtors
Ledger Name Group in Tally
Ledger Name Correct Group in Tally
Sharma Transport Sundry Creditors
Hemant & Co. Sundry Creditors
Chiplunkar Brothers Sundry Creditors
Interest Received Indirect Incomes
Commission Received Indirect Incomes
ICICI Bank Overdraft Secured Loans (or Bank OD A/c under Bank Accounts, if preferred)
Raw Material Stock-in-Hand (or Inventory Items if inventory is enabled)
Salary Advance Loans & Advances (Assets)
Prepaid Insurance Current Assets (or Prepaid Expenses under Loans & Advances if
Premium grouped specifically)
Preference Share Capital Capital Account
Loan from ICICI Secured Loans (or Unsecured Loans, based on nature)
Factory Electricity Direct Expenses
Bad Debts Indirect Expenses (or Write-off Expenses)
Insurance Premium Indirect Expenses