LEDGER: 

is a Head of account

Mainly used to record Day to day transactions

By default tally has created  2 types of ledgers

Cash a/c and Profit and loss a/c

Name of ledger Groups

Profit and loss a/c Primary group

Cash a/c Cash in hand

Mr. ABC capital a/c Capital a/c

SBI bank a/c Bank a/c

Canara Bank a/c Bank a/c

ICICI Bank a/c Bank a/c

Karnataka bank a/c Bank a/c

Customer ABC a/c Sundry Debtors

Customer XYZ a/c Sundry Debtors

Supplier ABC a/c Sundry Cr's

Supplier Xyz a/c Sundry Cr's

Land & buildings a/c Fixed assets

Machinery a/c Fixed assets

Furniture a/c Fixed assets

Plant a/c Fixed assets

computer a/c Fixed assets

Travelling Expenses a/c Indirect Exp

Salary Paid a/c Indirect Exp

Wages a/c Direct Exp

Fright inward Direct Exp

Fright outward Direct Exp

Telephone bill Indirect Exp

Electricity bill Indirect Exp

Water bill Indirect Exp

Purchase of goods a/c Purchase a/c

Purchase of service a/c Purchase a/c

Sale of goods a/c Sales a/c

Sale of services a/c Sales a/c

CGST a/c Duties and Taxes

SGST a/c Duties and Taxes

IGST a/c Duties and Taxes

NOTE: 

1. Maintain balance bill by bill is applicable for sundry debtors and sundry creditors ledgers.

2. Inventory values is applicable for purchase and sale ledgers.

3. Cost Centers are applicable for income and expenses ledgers.

4. Banking Details applicable for bank ledgers.