Creating a Group in Tally: A Comprehensive Guide

Create Group In Tally

Tally is a popular accounting software used by businesses of all sizes. One of the key features of Tally is its ability to create and manage groups for better financial organization. A group in Tally is a collection of ledgers that share a common characteristic, such as income or expenses. In this article, we'll guide you through the steps involved in creating a group in Tally.

Step 1: Open Tally ERP 9

The first step is to open Tally ERP 9 on your computer.

Step 2: Go to the Gateway of Tally

Once you've opened Tally ERP 9, go to the Gateway of Tally screen.

Step 3: Select the Accounts Info Option

In the Gateway of Tally screen, select the "Alt+F3: Accounts Info" option.

Step 4: Select the Groups Option

In the Accounts Info screen, select the "Alt+G: Groups" option.

Step 5: Select the Create Option

In the Groups screen, select the "Alt+C: Create" option.

Step 6: Enter Group Name

In the Create Group screen, enter the name of the group you want to create.

Step 7: Select the Under Option

In the same screen, select the "Under" option to specify the parent group under which the new group will be created.

Step 8: Select the Primary Option

In the "Under" screen, select the "Primary" option if you want the new group to be created as a primary group. If you want to create a sub-group, select the appropriate parent group from the list.

Step 9: Enter Group Description

In the same screen, enter a brief description of the group you're creating.

Step 10: Save the Group

Once you've entered all the necessary information, select "Accept" to save the group.

Step 11: Add Ledgers to the Group

To add ledgers to the group, select the group you just created and select the "Alt+A: Add" option. Enter the name of the ledger and select "Accept" to add it to the group.

Step 12: Save the Changes

Once you've added all the necessary ledgers to the group, select "Accept" to save the changes.

Conclusion

In conclusion, creating a group in Tally is a simple process that can be completed in a few steps. By creating groups in Tally, you can better organize your financial data and make it easier to generate reports. Remember to choose the appropriate parent group and enter a brief description of the group you're creating. Additionally, adding ledgers to the group is a crucial step in the process. By following the steps outlined above, you can create a group in Tally and start organizing your financial data with ease.