teachoo.

com

Group Name Ledger name

All types of Purchase Accounts like

Purchase 5% Local

Purchase 12.5% Local

Purchase 2% Central

Purchase Import
Purchase Accounts
Purchase Central C form

Purchase Central F form

Purchase Central H form

Purchase Central C+ E1 form

Purchase Return

All types of Sales Accounts like

Sales Account Sales 5% Local

Sales 12.5% Local

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Sales 2% Central

Sales Export

Sales Central C form

Sales Central F form

Sales Central H form

Sales Central C+ E1 form

Sale Return

All types of Taxes like

Excise Duty Payable etc

Service Tax Payable

Duties and Taxes TDS Payables

Input Vat Accounts

Output Vat Accounts

Cenvat Accounts
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Sale tax

Income Tax

VAT Payable

All expenses which appear in Trading Account

(except purchases) like

Labor

Power

Electricity Expense (Factory)

Loading Unloading Expense

Direct Expenses
Warehousing Expenses

Custom Clearing Charges

Carriage

Freight & Cartage

Import duty

Wages
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Coal & Fuel

Coal, Gas & Water of Factory

Consumed Material

Export Duty

Wages on Production

Delivery Charges(In Purchase Bill

All Indirect Expenses like

Rounded Off

Salary

Advertisement Expense
Indirect Expenses
Maintenance Expense

Rent Expense

Director Remuneration Expense

Bad Debts
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Printing Expense

Stationary Expense

Foreign Exchange fluctuation

Audit Fees

Professional Charges

Legal Expenses/Charges

Depreciation Expenses

Interest Expense

Penalty

Royalty

Bank charges

Commission allowed

Discount allowed

Donation & charity

Free sample
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Insurance premium

Interest on loan

Legal charge

Loss by fire

Postage & courier

Repair charge

Taxi fare

Telephone charge

Travelling expenses

Outstanding expenses

Accrued expenses

Bad debt

Loss on theft

depriciation

Coffee Expenses
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Coke Expenses

Manager’s Commission

UPTT

Fuel Expenses A/c

Liabilty of Expenses

Preliminary Expenses A/c

Professional Fees

All Indirect Income like

Indirect Income Discount Received

Interest on Investment

Only 2 Accounts Already Created like

Already Created in Tally Cash

Profit and Loss Account

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All Bank Current Account

Bank Account All Bank FD Account

(Personal Savings Account and FD not recorded)

All types of deposits like

Security Deposit
Deposit Account
Electricity Deposit

Rent Deposit

All types of Capital Account like

Share Capital

Capital A/c Partner Capital Account

Partner Current Account

Proprietor Account
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Drawings

Life insurance

Equity Capital A/c

Partners Capital A/c

Prepaid Maintenance Expense

Prepaid Expense

Prepaid Rent

Prepaid Insurance Charges

Current Assets
Interest Receivables

Bill receivable

Accrued income

Mutual Fund

Current Liabilities Bill drawn

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Bill Payable

Any Party from Whom Goods Purchased

Sundry Creditor
Party from Whom any Bill of Expense Received

Any Party to whom we gave loan

like Loan Given to Friends Relatives/Related

Companies
Loans and Advances
(Assets)
Any Party to whom we gave Advance

like Advance to Supplier

Any Party from whom we take loan.

We can also put group Secured loan or Unsecured

loan

Loans Liabilities
Debenture A/c

Loans From Bank

Loans From Outside Party

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Loans From Aravind(Friend)

All Fixed Assets on which Depreciation charged like

Furniture

Machine

Plant and Machinery

Mobile

Computers

Fixed Assets Furniture and Fittings

Car

Scooter

Laptops

Office lighting

Land & Building

Good will
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Factory lighting

Air Conditioner

Cash Credit Limit (CC)

Bank OCC
taken from bank

Overdraft Limit (OD)

Bank OD
taken from bank

Indian Bank A/c

Bank Accounts
SBI Bank A/c

Any Branch whose Separate Accounting Done

(If branch account maintained by head office only,

Branch/Divisions
then this account not required)

Delhi Branch
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Branch in division

Imprest Account

Cash in Hand (Cash kept with Employee)

Petty Cash

All types of Investments like

Investment in Shares

Investment in Bonds

Investments Investment in Property/Plot etc.

Long term investment

Debitor name

Short Term Investment

Stock-in-hand Stock
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Closing Stock

Consignment Stock

Opening Stock

Preliminary Expenses
Misc. Expense (ASSET)
NOT yet written off

Suspense Account

Any payment or receipt from party whose name not

Suspense A/c
known

Suspense

Loans for whom Security Given

Secured Loan
like loan from bank/ Financial Institution

Unsecured Loan Loans taken for whom no Security given

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Like Short term loan from directors

or loan from friends /relatives

Any type of reserve like

General Reserve

Capital Reserve

Reserve & Surplus Capital Reserve A/c

Investment Allowance Reserve A/c

Share Premium A/c

Reverse and Surplus

All Provisions except Provisions for bad debts

Provision for Tax

Provisions
Provision for Expense

Provision for Sinking Fund

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All types of Payables like Salary Payable, Audit fees

Payable,

Any Party to Whom Sales Made

Sundry Debtors
Provision for Bad Debts