Home ยป Why do we create Ledger in tally?

Why do we create Ledger in tally?

Answer

1. The ledger screen would provide minimal information .
2. Go to the settings of accounting features.
3. Tally automatically creates two ledger accounts, i.e., Profit & Loss account.
4. Cash in Hand account.
5. In Tally, we cannot create another profit & loss account.

How to Create Ledgers in Tally.ERP 9 | Chapter 3 | Tally Learning Hub

Ledger Creation in Tally ERP 9 in Hindi Part 01

Why do we create Ledger in tally?

1. The ledger screen would provide minimal information .
2. Go to the settings of accounting features.
3. Tally automatically creates two ledger accounts, i.e., Profit & Loss account.
4. Cash in Hand account.
5. In Tally, we cannot create another profit & loss account.

What is the use of ledger in tally?

1. On a particular date.
2. What are total purchases, total sales, debtors, creditors, incomes, expenses.
3. It May not be known as a journal.
4. Click to get information about the above.
5. The entries passed in the journal.
6. Which is known as a ledger.

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