Ledger and Group in Tally

Ledger and Group in tally are the foundation of accounting in Tally Prime. Every accounting transaction recorded in Tally Prime is associated with one or more ledgers, while groups are used to classify those ledgers according to their accounting nature.

What is Ledger?

A Ledger is the actual account head to which you identify a transaction and must be used in all Accounting Vouchers. Without a ledger we cannot record any transactions.

Ex: Purchase, payments, sales, Receipts, etc., all these accounts heads are ledger Accounts.

All Ledgers have to be classified into Groups. Classification of Ledgers to the appropriate groups is very important. These Groups and Ledgers are classified to Profit & Loss or Balance Sheet. The creation and usage of Groups in Tally. ERP 9 has been explained earlier.

There are two pre-defined ledgers available in Tally. ERP 9, they are:

Cash
Profit and loss

How to create leader?

Gateway of tally —–> Create —–> Ledger

How to modify ledger?

Gateway of tally —–> Create —–> Ledger —–> select ledger want to modify or delete

And for delete press Alt +D

What is Group in tally?

Group are collection of ledgers of the same nature. Tally software automatically creates 28 groups that are used in the account chart. Out of 28 predefined groups in tally, primary groups are 15, and the sub-groups are 13. The different types of groups are as follows:

Primary Group
Sub Group

Primary Groups

This group is the main group. Primary groups are at the top of the hierarchy. Among 15 groups, 6 groups are profit and loss a/c items, and 9 groups are balance sheets items.

List of Primary Group in Tally

1.Branch/Division	6. Current Assets	11. Indirect Income
2. Capital Accounts	7. Fixed Assets	12. Misc. Expenses
3. Loans	8. Investments	13. Purchase Accounts
4. Suspense Account	9. Sales Accounts	14. Direct Income
5. Current Liabilities	10. Indirect Expenses	15. Direct Expenses

Sub Groups

This group is part of the primary group. It can be divided into 13 groups.

List of Sub Group in Tally

1. Sundry Creditors	6. Secured Loans	11. Bank Accounts
2. Stock in Hand	7. Deposits	12. Cash in Hand
3. Duties & Taxes	8. Banks OD Accounts	13. Loan & Advances (Assets)
4. Unsecured Loans	9. Provisions
5. Reserves & Surplus	10. Sundry Debtors

Sundry Creditors – Ledger Creation
Create the following Sundry Creditor ledgers in Tally Prime by entering the correct State, GSTIN, and Opening Balance for each party.
Ensure that the opening balances are entered on the Credit (Cr.) side.
Ledger Name	State	GSTIN	Opening Balance
Larsen & Toubro Limited	Maharashtra	27AAACL0140P1ZJ	₹3,20,000 Cr
Asian Paints Limited	Maharashtra	27AAACA3622K1ZV	₹1,45,000 Cr
Hindustan Unilever Limited	Maharashtra	27AAACH1004N1ZU	₹2,35,000 Cr
Bajaj Auto Limited	Maharashtra	27AADCB2923M2ZK	₹2,10,000 Cr
Infosys Limited	Karnataka	29AAACI4798L1ZU	₹1,75,000 Cr
ITC Limited	West Bengal	19AAACI5950L1Z7	₹1,95,000 Cr
Maruti Suzuki India Limited	Haryana	06AAACM0829Q1Z8	₹3,10,000 Cr
Dabur India Limited	Uttar Pradesh	09AAACD0474C1Z3	₹1,20,000 Cr
Shree Cement Limited	Rajasthan	08AACCS8796G3ZP	₹1,55,000 Cr
Reliance Industries Limited	Maharashtra	27AAACR5055K1ZT*	₹2,45,000 Cr

Sundry Debtors – Ledger Creation
Create the following Sundry Debtor ledgers in Tally Prime by entering the correct State, GSTIN, and Opening Balance for each customer.
Ensure that the opening balances are entered on the Debit (Dr.) side.
Ledger Name	State	GSTIN	Opening Balance
Tata Motors Limited	Maharashtra	27AALCT0864B1ZE	₹2,85,000 Dr
Titan Company Limited	Maharashtra	27AAACT5131A1ZX	₹1,65,000 Dr
Siemens Limited	Maharashtra	27AAACS0764L1Z6	₹2,40,000 Dr
Hindalco Industries Limited	Gujarat	24AAACH1201R1ZT	₹1,95,000 Dr
Nestlé India Limited	Haryana	06AAACN0757G1ZP	₹1,45,000 Dr
Tata Consumer Products Limited	Maharashtra	27AABCT0602K1ZL	₹1,25,000 Dr
Cipla Limited	Maharashtra	27AAACC1450B1ZE	₹1,80,000 Dr
Sun Pharmaceutical Industries Limited	Gujarat	24AADCS3124K1ZJ	₹2,15,000 Dr
Godrej Industries Limited	Maharashtra	27AAACG2953R1Z3	₹1,35,000 Dr
Eicher Motors Limited	Haryana	06AAACE3882D2ZV	₹1,70,000 Dr
Bharat Petroleum Corporation Limited	Maharashtra	27AAACB2902M1ZT	₹2,10,000 Dr
Indian Oil Corporation Limited	Maharashtra	27AAACI1681G1ZP	₹2,55,000 Dr
Crompton Greaves Consumer Electricals Limited	Maharashtra	27AAFCC9473R1ZP	₹1,35,000 Dr
Hindustan Zinc Limited	Rajasthan	08AAACH7354K1ZB	₹1,70,000 Dr
Tech Mahindra Limited	Maharashtra	27AAACM3484F1ZI	₹2,25,000 Dr
The Tata Power Company Limited	Maharashtra	27AAACT0054A1Z1	₹1,55,000 Dr
Havells India Limited	Maharashtra	27AAACH0351E1Z5	₹1,30,000 Dr
Voltas Limited	Maharashtra	27AAACV2809D1ZM	₹1,40,000 Dr
Hero MotoCorp Limited	Haryana	06AAACH0812J1Z0	₹2,05,000 Dr
UltraTech Cement Limited	Maharashtra	27AAACL6442L1ZA	₹2,75,000 Dr
Berger Paints India Limited	West Bengal	19AABCB0976E1ZS	₹1,50,000 Dr

Bank Ledger Creation & Opening Balance
Create the following Bank Account ledgers in Tally Prime by entering the correct Bank Name, IFSC Code, Branch, Cheque Number Range, and Opening Balance for each bank account.
Ensure that the opening balances are entered on the Debit (Dr.) side.
Ledger Name	Under	Bank Name	IFSC Code	Branch	Cheque No. From	Cheque No. To	Opening Balance
HDFC Bank Current A/c	Bank Accounts	HDFC Bank	HDFC0001234	Andheri East, Mumbai	100001	100200	₹4,85,000 Dr
SBI Current A/c	Bank Accounts	State Bank of India	SBIN0002345	Dadar, Mumbai	200001	200250	₹6,25,000 Dr
ICICI Bank Current A/c	Bank Accounts	ICICI Bank	ICIC0003456	Vashi, Navi Mumbai	300001	300200	₹3,75,000 Dr
Axis Bank Current A/c	Bank Accounts	Axis Bank	UTIB0004567	Powai, Mumbai	400001	400250	₹5,40,000 Dr
Kotak Bank Current A/c	Bank Accounts	Kotak Mahindra Bank	KKBK0005678	Thane West	500001	500200	₹2,95,000 Dr
Bank of India Current A/c	Bank Accounts	Bank of India	BKID0006789	Borivali, Mumbai	600001	600250	₹3,20,000 Dr
Canara Bank Current A/c	Bank Accounts	Canara Bank	CNRB0007890	Kurla, Mumbai	700001	700200	₹2,65,000 Dr
PNB Current A/c	Bank Accounts	Punjab National Bank	PUNB0008901	Malad, Mumbai	800001	800250	₹4,10,000 Dr
Union Bank Current A/c	Bank Accounts	Union Bank of India	UBIN0009012	Ghatkopar, Mumbai	900001	900200	₹3,55,000 Dr
Bank of Baroda Current A/c	Bank Accounts	Bank of Baroda	BARB0010123	Borivali West, Mumbai	110001	110250	₹2,80,000 Dr