Difference between revisions of "Ledger"

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(Created page with "== Creating Ledger == == '''Roles''' == == '''Path''' == == '''Pre-Requisite''' == == '''Inputs Needed''' == == '''Functionality''' == == '''Step by Step'''==")
 
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== Creating Ledger ==
 
== Creating Ledger ==
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Ledger is nothing but an account
  
 
== '''Roles''' ==
 
== '''Roles''' ==
 
== '''Path''' ==
 
== '''Path''' ==
 
== '''Pre-Requisite''' ==
 
== '''Pre-Requisite''' ==
 +
 +
== Terminology ==
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* Account of- Type of commodity (like Customer , vendor, bank, student,fee, etc)
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* Resource name :- You can map ledger to any of the master.
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* Ledger Name:- General Ledger name
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* Ledger Alias:- Alias name for Display
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* Type of Account – Personal, Nominal, Real
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* Group:- Most important attribute, this is called as Account group, it’s a parent attribute for ledger.
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* Is Tally Individual Entry ?- Mapping with tally
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* Statutory / Tax Applicable ?- define if any Tax related ledger like TDS.
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* Is Cost Center ?- Condition for cost center, its kind of specific location / department.
 +
 
== '''Inputs Needed''' ==
 
== '''Inputs Needed''' ==
 
== '''Functionality''' ==
 
== '''Functionality''' ==
 
== '''Step by Step'''==
 
== '''Step by Step'''==

Revision as of 11:24, 23 May 2020

Creating Ledger

Ledger is nothing but an account

Roles

Path

Pre-Requisite

Terminology

  • Account of- Type of commodity (like Customer , vendor, bank, student,fee, etc)
  • Resource name :- You can map ledger to any of the master.
  • Ledger Name:- General Ledger name
  • Ledger Alias:- Alias name for Display
  • Type of Account – Personal, Nominal, Real
  • Group:- Most important attribute, this is called as Account group, it’s a parent attribute for ledger.
  • Is Tally Individual Entry ?- Mapping with tally
  • Statutory / Tax Applicable ?- define if any Tax related ledger like TDS.
  • Is Cost Center ?- Condition for cost center, its kind of specific location / department.

Inputs Needed

Functionality

Step by Step