Page 303 - DMGT104_FINANCIAL_ACCOUNTING

Unit 14: Introduction to Tally

Creating a Sales Ledger Notes

To create a Sales ledger
Go to Gateway of Tally > Accounts Info > Ledger > Create
1. Enter the Name of the sales ledger
2. In the Under field, select the Sales Accounts from the List of Groups

3. Set Inventory values are affected to Yes

4. Set used in VAT Returns to Yes
5. Select the required VAT/Tax Class, for example, Sales @ 10%

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