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ALT+S : Supplier / Customer Ledgers

(Quick Setup for Excise for Manufacturer in Tally.ERP 9)

To create Supplier/ Customer Ledgers press Alt+S or select the option S: Supplier /Customer Ledgers and press Enter to view Party Ledgers Setup screen.

Creating Supplier Ledger

In Party Ledgers Setup screen

1.    In Name of Ledger field enter the name of the supplier e.g Swastik Water Suppliers.

2.    Select Sundry Creditors as the group name in Under field.

3.    Enable Set/Alter Excise Details to Yes to view Excise Details screen.

4.    In the Excise Details screen,

·         Under Mailing Details enter party address

·         Under Excise Details enter party excise registration details

·         Enter the Excise Registration Number of the supplier.

o    Enter the Date of Excise Registration in Date of Registration field.

o    Enter the Range under which the supplier’s company is registered.

o    Enter the Division under which the supplier’s company is registered.

o    Enter the Commissionerate under which the premise of the Supplier’s company is registered.

o    Select the Default Nature of Purchase from the Nature of Purchase list. The table lists the Type of Purchase, which can be changed during transactions.

Note:  The Default Type of Purchase depends upon the status of the supplier, whether he is a Manufacturer / First Stage Dealer / Importer / Second Stage Dealer. The default Type of Purchase set for the Ledger can be altered/changed during transaction.

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5.            Press enter to save supplier's excise details.

Creating Customer Ledger

1.    In Name of Ledger field enter the name of the customer e.g. Universal Distributors.

2.    Select Sundry Debtors as the group name in Under field.

3.    Enable Set/Alter Excise Details to Yes to view Excise Details screen.

4.    In the Excise Details screen,

·         Under Mailing Details enter party address

·         Under Excise Details enter party excise registration details

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5.            Press enter to save customer's excise details.

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6.            Press Enter to save.

Note: You can also create Party Ledgers from Gateway of Tally > Accounts Info. > Ledgers

          To know more on creating party ledgers from Ledgers menu refer topics -

1. Creating a Supplier Ledger

2. Creating a Customer Ledger

 
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