If you have multiple companies and want to maintain a similar group structure and uniformity across the companies, then you can copy Groups from one company to another either one at a time or all at once.Īpart from these, you can configure advanced options for Groups and make the Groups behave as sub-ledgers. All these changes and deletions of Groups can be tracked if you have enabled the Edit Log option. TallyPrime also allows you to delete unused or unwanted Groups, if any. You can alter the ledger account and change the Group for that ledger. Along with the predefined groups, you can create new Groups to accommodate your business needs.Īfter creating the Groups, if you want to alter the Group for an existing ledger then you can do that as well. Suppose you have created wages under the group Direct Expense, and you want to change the Group to Indirect Expense. In TallyPrime, there are 28 predefined groups, of which 15 are Primary and 13 are Subgroups. Any Groups created under Assets and Liabilities form a part of the Balance Sheet whereas Groups under Expenses and Incomes are part of the Profit & Loss Account. ![]() It can be classified between Assets, Liabilities, Expenses, and Incomes. Groups help you organise the ledger accounts and view the financial statements with proper accounting heads. Furthermore, in TallyPrime you can view the created Groups with all the transactions in multiple reports. You can create, alter, and delete Groups in TallyPrime along with copying Groups from one company to another. In TallyPrime, such accounting heads are known as Groups. ![]() ![]() In any business, it is important to categorise similar ledgers based on their nature, type, or usage under an accounting head.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |