Groups: are also called schedules

By default tally has created 28 types of groups

15 are primary groups

13 are sub primary groups

Mainly used to specify the behavior of the ledgers

To view all 28 Groups in tally

GWT > Chart of accounts  > Groups >  press enter

To Create Accounting Groups in tally

GWT ==> Chart of accounts ==> Groups==>  Alt+H (Multi Masters) ==> Multi Create ==> Press enter key for All Items 

Name of Group Under 

Service Customer Sundry Debtors

Material Customer Sundry Debtors

Finance Customer Sundry Debtors

Retail Customer Sundry Debtors

Save it.

Assignments: