Summary of Post
Let’s create a fixed asset ledger in tally erp 9. Every business have assets and liabilities for its day today operation.Assets are economic resources of a company or things of value owned.The fixed assets are fixed and tangible in nature Fixed assets are long term assets.
Examples of Fixed Assets
- Computer equipment
- Computer software
- Furniture and fixtures
- Intangible assets
- Leasehold improvements
Fixed Asset ledger in Tally ERP 9
Tally erp 9 has a special group for creating fixed asset ledger called ‘Fixed Asset‘.All the fixed assets ledgers are placed under this group.Let’s create the some fixed asset ledger in tally erp 9.
How to create Fixed Asset Ledger in Tally example
To create a fixed asset ledger,for example Machinery Ledger, Go to
Gateway of tally>Accounting Info> Ledger >Create
Under: Fixed Asset
As shown in the below image.
Press enter to accept and save the screen.