How To Import All master ledgers
Select the ledger details from one master and copy them to a different master by choosing Tally Gateway of Tally > Alter button. Or, press Alt+G (Go To) > Change Master button. Select Copy Allocation Details from the drop-down menu after selecting Copy From in the field Copy From.
Tally will automatically create two ledger accounts, a Profit & Loss account and a Cash in Hand account, as needed. We can establish ledger accounts according to the demands of the organization.
Tally. ERP 9 has two Ledger accounts by default: Cash (Cash-in-Hand) and Profit & Loss Account (direct Primary Account).
Create a new party in Gateway of Tally > Accounts Info > Ledgers. F12: Configure will be highlighted. Set the Use MULTIPLE Addresses option to Yes. Click Enter to save the configuration and go to the Ledger Creation screen. In the Name field, type the name of the Party (E.g., Supplier A).
Refer to the Book of Knowledge, Chapter 3 (Masters) for a complete list of requirements. Create an account on Tally Gateway by going to My Account/My Settings and selecting New User under Users & Passwords. Choose Godowns from the drop-down menu under Inventory Info in Step 1. In Step 2, choose Godowns option to establish Godowns in Tally as needed by a firm’s needs. In Step 3, click on the create option to create a single Godown in Tally.
