Internship← Tally Prime with GST learning pathTally Prime with GST · Module 3 of 10
Groups and ledgers
Organise accounts so reports come out right.
📖 Key ideas
- A ledger is an account, like Cash, HDFC Bank, Rent or Ravi Traders.
- Every ledger belongs to a group, like Sundry Debtors or Indirect Expenses.
- Customers go under Sundry Debtors; suppliers under Sundry Creditors.
- Cash and Profit & Loss ledgers are created by default.
- Tax ledgers (CGST, SGST, IGST) go under Duties & Taxes.
💡 Real-life example: Groups are the chapters of a book; ledgers are the pages inside each chapter.
LedgerAn individual account
Sundry DebtorsCustomers who owe you
Sundry CreditorsSuppliers you owe
Duties & TaxesGroup for GST ledgers