Search Your Topic

config
Thursday, 14 September 2017 10:16

Pre-Defined Groups

Written by
Rate this item
(0 votes)

There are twenty eight pre-defined groups in Tally.ERP 9. These groups are a part of the chart of accounts for most organizations. For example, Sales Accounts is a pre-defined group. All sales ledgers can be classified under this group.

Out of the twenty eight pre-defined groups, fifteen are primary groups and thirteen are sub-groups. The user can create any number of primary groups and sub-groups.

Primary Groups
Subgroups
Branch / Divisions
 Bank Accounts
 Capital Account
 Bank OD A/c
 Current Assets
 Cash-in-hand
 Current Liabilities
 Deposits (Asset)
 Direct Expenses
 Duties & Taxes
 Direct Incomes
 Loans & Advances (Asset)
 Fixed Assets
 Provisions
 Indirect Expenses
 Reserves & Surplus
 Indirect Incomes
 Secured Loans
Investments
Stock-in-hand
Loans (Liability)
Sundry Creditors
Misc. Expenses (ASSET)
Sundry Debtors
Purchase Accounts
Purchase Accounts
Sales Accounts
Suspense A/c

Out of the fifteen primary groups, nine primary groups appear in the balance sheets that are capital in nature and six primary groups appear under Profit & Loss account which are revenue in nature.

The sub-groups that form a part of the balance sheet are:

Pre-defined Subgroups

Under

Bank Accounts

Current Assets

Bank OD A/c

Loans (Liability)

Cash-in-hand

Current Assets

Deposits (Asset)

Current Assets

Duties & Taxes

Current Liabilities

Loans & Advances (Asset)

Current Assets

Provisions

Current Liabilities

Reserves & Surplus

Capital Account

Secured Loans

Loans (Liability)

Stock-in-hand

Current Assets

Sundry Creditors

Current Liabilities

Sundry Debtors

Current Assets

Unsecured Loans

Loans (Liability)

Note: Primary groups cannot be deleted.

Read 6151 times Last modified on Sunday, 17 September 2017 10:43
Anish Sir

"I am delighted once again to pen the welcome note to the Tosh!Yas Technologies ."

 Call +91 74 88 34 7779  | Email : anishsingh@live.com

toshiyas.in

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.