How to create Sundry Creditors (Ideally known as Suppliers) in Tally Software?

Sundry can mean various, miscellaneous, or diverse. And Sundry Creditors might refer to a company’s Suppliers. In this Tutorial you will learn how to create Sundry Creditors Ledger ( Ideally known as Suppliers) in Tally Software.

To create Ledgers in Tally Software 

  1. Open Tally Software.
  2. Select company in which you want to create ledgers. And you will be taken to Gateway of Tally menu.
  3. Go to Accounts info option.
  4. Select Ledger option.
  5. and then select create option.

By following above you can create all types of Ledgers in Tally Software. But as we are talking about Sundry Creditors. Let us learn about all the options which are available to us during Ledger creation of Sundry Creditors.

  • After select create option Ledger Master creation screen will open up which looks like below.
  • After opening up the screen we would recommend you to press F12 configure button on the right hand side at the bottom of your screen. And you will be taken to a new windows know as Ledger configuration which is as below.
  • At this screen you can turn on various features which you can use during ledger creation.

So lets start to create Sundry Creditors ledger in Tally Software.

After Selecting create option you need to follow the below steps.

  • Name :- Name is the Ledger name which you will be able to see across Tally Software. It can be anything which is easy to remember. Ideally it is the Supplier name of which we are creating ledger.
  • Under :- Under is the drop down selection were you select under which group this ledger is going to be placed under in our case it will be Sundry Creditors or Group under Sundry Creditors.
  • Maintain balance bill-by-bill ? ;- This option shows up when you turn on Maintain bill-wise details in F11 Features. We strongly recommend to use this feature as this give is bill-by-bill details of Creditors account and make our life easy for generating Outstanding report.
  • Default Credit period:- If you give credit to your Creditors it is requested to use this feature as it helps in tracking bill which are due and which are not.
  • Check for credit days during voucher entry:-  By turning on the feature Tally software will check credit days during Invoice creation and will alert you if there is any over due bill. But as Tally software does blocks users from doing there work in same why is will not stop you from billing. If you want to stop billing you have have a small customization attached to your Tally software which do the work for you.

Mailing Details Section

  • Name :- This Name field and the field enter earlier are have completely different impact in Tally Software. The earlier field is used by Tally software in Drop downs and report. And this field is used for Printing purpose only.
  • Address:- This field has the same impact like above it is only used for Printing purpose. And does not have any impact of you accounting.
  • Country:- This field is used for Printing purpose also and have impact on your accounts too.
  • State:- This field is used for Printing purpose also and have impact on you accounts too. As you know that GST calculations are based of customer state were if billing company and customer are of same state then SGST and CGST should be calculated but if Not IGST needs to be calculated.
  • Pincode :- This field is used for Printing purpose only Were if customer wants to print Pincode on Print outs then they can used this field.
  • Contact Person:-  This field too is used for printing purpose. But can also be used for various customization’s like Address book, Envelope Printings, Packing slip Printings etc..
  • Phone no.:-This field too is used for printing purpose. But can also be used for various customization’s like Address book, Envelope Printings, Packing slip Printings etc..
  • Mobile No.:-This field too is used for printing purpose. But can also be used for various customization’s like Address book, Envelope Printings, Packing slip Printings etc..
  • Fax No.:- This field too is used for printing purpose. But can also be used for various customization’s like Address book, Envelope Printings, Packing slip Printings etc..
  • E-mail:- This field too is used for printing purpose and also for emailing feature which available right from Tally software. But can also be used for various customization’s like Address book, Envelope Printings, Packing slip Printings etc..
  • CC to (if any):This field too is used for printing purpose and also for emailing feature which available right from Tally software. But can also be used for various customization’s like Address book, Envelope Printings, Packing slip Printings etc..
  • Website:- This field too is used for printing purpose. But can also be used for various customization’s like Address book, Envelope Printings etc.
  • Provide bank details:- Using this field you can maintain Bank records of customer and also supplier. Which make our life easy for money transfer.
  • Set/Alter multiple mailing details:- If a Customer ( Debtor) is having business on multiple location and want us to deliver goods at those location. There is no need to create multiple ledgers for the same. You can use this option for have multiple mailing details which can be selected during Invoice creation.

Tax Registration Details

In Tax registration details we can capture registration details of customer so that it can be printed and also used in our returns.

 

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