The main accounts are classified into Capital or Revenue – and sub-category divided into Assets, Liabilities, Income and Expenditure. Groups in Tally Prime has already set 28 pre-defined Groups in Tally. Out of which, Of these, 15 are Primary Groups, and 13 are Sub-Groups. Users can group the Ledger accounts under the necessary Groups while creating the chart of statements or alter/change them later. also check How to Create Ledgers in Tally Prime.
Primary & Sub Groups In Tally
Primary Groups: These are the main Groups in Tally with a top-level hierarchy. In these 15 groups, six are profit and loss a/c items, and nine are balance sheet items. These groups in Tally Prime cannot be deleted. Sub Groups: It is a part of primary groups in Tally that is divided into 13 items. The sub-groups in Tally that form a part of the balance sheet are:
Various Entries under Groups in Tally Prime
There are various default groups, and these groups in Tally can be used for various entries such as:
Groups Name and Ledger Account
Below we have mentioned the group Name with their Ledger Accounts: Recommended Articles:
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