List of Ledger Accounts in Tally

Capital A/c

• Mohan Capital Account
• Syscom Capital Account
• Drawing or Withdrawal Account
• House Rent
• Income Tax
• LIC Premium – Debit
• LIC Refund – Credit
• Mediclaim Insurance Premium – Debit
• Mediclaim Insurance Premium – Credit
• Personal Expenses

Purchase Accounts

• Purchase of Ram medical
• Purchase of Services
• Purchase of Finished Goods
• Purchase Returns 

GST Purchase Ledgers according to different rates:

• Purchase @ 0%
• Purchase @ 5%
• Purchase @ 12%
• Purchase @ 18%
• Purchase @ 28%

Sales Accounts

• Sales of Shivkumar Shop
• Sales of Services
• Sales of Finished Goods
• Sales Returns 

GST Sales Ledgers according to different rates:

• Sales @ 0%
• Sales @ 5%
• Sales @ 12%
• Sales @ 18%
• Sales @ 28% 

Indirect Expenses

• Advertisement Expenses
• Auditing Fees
• Bad Debts
• Bank Charges
• Bank Commission
• Vehicle Expenses such as Car Expenses or Truck Repair
• Carriage Outwards i.e. on sales
• Commission on Sales or any other commission
• Depreciation on Fixed Assets
• Donation of any kind
• Insurance including Fire Insurance & Marine Insurance
• Forex loss due to change in exchange rates
• General Expenses
• Factory Rent
• Warehouse Rent
• Godown Rent
• Interest Expense including Interest on Loan
• Interest on Capital for Personal Accounts
• Legal Expenses
• Loss due to damage
• Loss due to fire
• Loss in Transit
• Loss on Assets
• Loss on Joint Venture
• Repairs for Machinery
• Commission to Manager
• Misc. Expenses
• Office Expenses
• Packing Expenses
• Fuel Expenses
• Postage, Courier, Fax, Telegram and Mail Expenses
• Printing, Stationery and Advertisement Expenses
• Provision for Bad & Doubtful Debts
• Provision for Discount on Debtors
• Refreshment Expenses such as tea, coffee, biscuits etc.
• General Repairs and Renovation Expenses
• Shop Expenses
• Shop Rent
• Showroom Repair
• Trade Expenses
• Travelling Expenses 

Direct Expenses

• Discount given on Sales
• Cash Discount given on Sales
• Direct Materials
• Freight Charges
• Labour Charges or Wages
• Payroll Taxes like Professional Taxes
• Salaries
• Manufacturing Expenses
• Electricity Expenses relating to factory
• Loading & Unloading Expenses
• Warehousing Expenses
• Customs Clearing Expenses
• Wages
• Carriage in word
• Cool gas water lighting
• Fuel power
• Productive Exp
• And all factory Exp
• Railway freight
• Rent and Tax 

Direct Incomes

• Interest receive
• Commission receive
• Discount receive
• Discount on Creditors
• Interest on drawing
• Interest on investment
• Old reserve
• Profit on consignment
• Profit on joint venture
• Profit on sales of assets
• Rent receive
• Sundry income 

Indirect Incomes

• Dividend Income
• Sale of Scrap
• Bad Debts Received
• Commission Received
• Discount Received
• Insurance Claim Received
• Interest on Drawings for personal accounts
• Interest Received
• Misc. Income
• Provision for Discount on Creditors
• Profit on Sale of an Asset
• Profit on Sale of an Investment 

Current Assets

• Accrued income
• Bill receive
• Closing stock
• Good will
• Investment
• Insurance claim
• Prepaid tax
• Suspense a/c
• Stores
• Loan in staff
• Cash Account
• Petty Cash Account
• Sundry Debtors or Account Receivables
• Bills Receivables Account
• Income Tax Refunds
• Cash in Advance to Employees
• Insurance Claim Receivable
• GST Refunds
• VAT Refunds
• Excise Refunds
• Customs Refunds
• Closing Stock
• Work-in-Progress
• Finished Goods
• Manufacturing Materials
• Packaging Materials
• Office Supplies such as pens, pencils, staplers, tape and so on.
• Advance Payments for any Purchases
• Interest Receivable
• Accrued Income
• Advance Deposits – Deposits paid in advance for purchasing goods and services.

Fixed Assets

• Buildings
• Factories
• Offices
• Furniture
• Computers
• Mobiles used for business
• Equipments
• Machinery
• Vehicles used for business 

Current Liabilities

• Sundry Creditors or Accounts Payables
• Income Tax Payable
• GST Payable
• VAT Payable
• Excise Payable
• Customs Payable
• Interest Payable
• Bank Account Overdrafts
• Bank Account Open Cash Credit
• Accrued Expenses like salaries payable.
• Customer Deposits.
• Dividends Payable.
• Short Term Loans 

Deposits (Assets)

• Telephone Deposit
• Credit Card Deposit
• Refundable Deposits in colleges, schools, libraries, trusts etc.
• Advance Deposit for purchasing goods or services
• VAT Deposit
• Excise Deposit
• Customs Deposit

Duties & Taxes 

• Input CGST
• Input SGST
• Input IGST
• Input GST Cess
• Output CGST
• Output SGST
• Output IGST
• Output GST Cess
• Input VAT
• Output VAT
• Input Excise Duty
• Output Excise Duty
• Customs Duty
• Income Tax Payable
• Income Tax Refundable
• Professional Tax Payable
• Professional Tax Refundable 

Bank Accounts

• State Bank of India
• HDFC Bank
• Bank of Baroda 

Cash-in-Hand

• Cash Account
• Petty Cash Account 

Deposits (Assets)

• Telephone Deposit
• Credit Card Deposit
• Refundable Deposits in colleges, schools, libraries, trusts etc.
• Advance Deposit for purchasing goods or services
• VAT Deposit
• Excise Deposit
• Customs Deposit 

Investments

• Shares
• Mutual Funds
• Bonds
• National Savings Certificates
• Post Office Savings Deposits
• Investment in Gold
• Investment in Silver
• Gold, Silver and other precious ornaments 

Loans & Advances (Assets)

• Loan given to an Employee
• Loan given to a Partner
• Loan given to a Director
• Income Tax Refund Not Received
• GST Refund Not Received
• Customs Refund Not Received
• Excise Refund Not Received
• VAT Refund Not Received 

Loans (Liability)

• Loans taken from Banks
• Loans taken from Financial Institutions such as NBFC (Non-Banking Financial Companies)
• Loan taken from Government
• Loan taken from Director
• Loan taken from Partner
• Loan taken from an Employee 

Reserves

• Capital Reserve
• Bad Debt Reserve
• Capital Redemption Reserve
• Dividend Redemption Reserve
• Preference Redemption Reserve
• Debenture Redemption Reserve
• Bond Redemption Reserve 

Secured Loans

• Mortgage Loan
• Term Loan
• Car Loan
• Cash Credit
• Secured Overdraft

Unsecured Loans

• Education Loan
• Personal Loan
• Overdraft – without deposit as a security
• Credit Card – without deposit as a security 

Sundry Debtors

• जब हम किसी व्यक्ति या संस्था को उधार माल बेचते है तब बह हमारा देनदार(debtor) कहलाता है 

Sundry Creditor

• जब हम किसी व्यक्ति या संस्था से उधार माल खरीदते है जिसे आगे चलकर पैसा चुकाना होता है तब बह हमारा लेनदार (Creditor) कहलाता है