Creating a Expenses / Income LEDGER

Go to Gateway of Tally > Accounts Info > Ledgers > Create

Assignment

Create the following Ledgers under Single Mode
Go to Gateway of Tally > Accounts Info > Ledgers > Create (Single)

EXPENSES

INCOMES

Direct Expenses            Assemble Charges            Carriage on Purchase            Handling Expenses on Purchases            Other Trading Expenses            Packaging Material            Packaging Expenses Indirect Expenses           SALARIES AND STAFF EXPENSES                           Salary                           Staff Welfare                           Staff Festival Benefits                           Incentives to Staff

Indirect Incomes            INTEREST EARNINGS                         Interest from Securities                         Interest on Bank Deposits                         Interest on Loan Given                         Interest Charged to Customers Indirect Incomes             OTHERS INCOME                         Sales Tax Returns                         Claims / Refunds Received                         Discount on Purchases                         Commission / Brokerage Received                         Bad Debts written off-now recovered                        Miscellaneous Receipts

2.Create the following Ledgers under Multiple Mode
Go to Gateway of Tally > Accounts Info > Ledgers > Create (Multiple)

EXPENSES

ADMINISTRATIVE EXPENSES               Printing & Stationery               Traveling Expenses               Conveyance               Telephone / Taxes / Fax Charges               Courier / Postage Charges               Repairs and Maintenance               Rent Paid               Electricity Bill               License Fees,               Municipal Taxes              Subscription & Membership Fees               Fuel and Maintainence of Vehicle               Warehousing Expenses              Insurance Premiums              Legal Expenses              Professional Fees              Computer Expenses             Charity and Donations             Loss due to Theft/Pilferage/Damage              Discounts and Sales Rebates              Miscellaneous Expenses SELLING & DISTRIBUTION EXPENSES             Advertisement Expenses             Sales Promotion Expenses             Entertainment Expenses             Conference Expenses             Exhibition Expenses             Bad Debt             Interest on Loans             Interest Charged by Supplier             Bank Charges             Commission / Brokerage Paid             Depreciations

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