hey everyone
now
formality is not good in every class
so lets start
we will go to create column
and in ledger
we will see
how to create ledger
right
we have learned the whole point of group
as i told you
first we will learn in gateway of tele
then alter
then chart of accounts
then teleprime
so in create we will come to ledger
and you have done this many times
how to create ledger
you have done it so many times
and lets see
again here
write anything
xyz for example
purchase account
debtor
creator
owner
capital word
expense
alias
a-l-i-a-s
alias is nickname
name of love
you also have a name of love
no one calls us with love
our karma
no one calls us with love
its ok
but if you want to call ledger
with love
its alias
for example
name of ledger is very big
have you seen that movie
aiyar
venugopal
trichipalliya
rajsekara
shrinivasana
shivvenkata
rajsekara
so if you have a name
and you want to give it a short cut name
then you can write it here
my dear friends
but we will enter it and move forward
under you know
there are many groups here
whichever group is related to the ledger
you have to select it
it depends on experience
it depends on accounting knowledge
and that's why I have made you
all the ledger
write under
expense is direct or indirect
related to goods
direct expense
debtor will come in debtor
creator will come in creator
bank ledger will come under bank account
and
cash is already created
and in the same way
purchase will come in purchase
sales will come in sales
secured loan will come in secured
unsecured loan will come in unsecured
we also have a suspense account
if we don't understand
for now
what is the nature of the account
so for some time
we can take the help of suspense account
later when we get to know the nature
we will remove the suspense
for example, we were doing entries
and there is some payment in the bank statement
and that payment
you don't know whether it is done for an asset
or for a fixed asset
or for an expense
if it is done for a fixed asset
then you will take it under fixed asset
if it is done for an expense then you will take it under
direct or indirect
and only the owner can tell this
owner or business management
that for what purpose that payment was done
now you call them
and try to connect
but they are not available
so because of one entry
you will not stop your accounting
that this entry is not getting cleared
you will put that amount in suspense account
later when they will be available
you will ask them and clear that
so sir, we can change the account
for example, we put an entry in suspense account
then after that
you can also change
look here
press escape and come out
go to d for display and d for debug
if you want to change any entry
for example, you want to change the first entry
enter here
and here you will get the option again
if you want to change the ledger
then put something else instead of cash
here you will get the list
you can change like this
so let's go back to ledger
c for create ledger
here you have
type of ledger
in type of ledger, my dear friends
it will be not applicable
if it is related to rounding off
then you have to round off
if it is related to discount
then select discount option
whenever GST will be discussed
still it will not be applicable
and tell
now you must be thinking
that sir, you always make this option not applicable
in all the classes you have taught us
because in all our classes
GST was not applicable
so it is a sure thing
whenever GST will be applicable
then it will be applicable here
even if GST is applicable in bill
still it will not be applicable here
and tell
why sir?
in teleprime
there are many places to put GST rate
one is initial company creation level
one is ledger level
one is stock item creation level
here you can put rate of GST
and here also if you select yes
then is GST applicable option
if you select yes
then next option is set alter GST detail
then it will ask you to put rate
if GST is applicable then how much rate you want to put
in this way
in is GST applicable
select yes
and see
nature of transaction and rate
but friends
we never have to put GST rate here
where you have to put
as soon as I will make you do GST entry
you will understand
why sir refused
do not put in all places
always put not applicable
whenever you create ledger
always GST is applicable
if you want to put somewhere else
I will show you
then mailing name, address, state, country, pin code
if you are creating a personal ledger
if you are creating
advertisement ledger
name, address, state, country, pin code
this will not come
debtor, creator, owner
if you are creating personal ledger
then these details will come
if bank detail is relevant then you can put
in last there is opening balance column
you can put opening balance
in this way
whole screen of ledger
is part of our discussion
ok sir
we have created many ledgers
sir if we have created any ledger
if we have to change
then
there is alter option
press A
whatever ledger is created
you have to adjust
enter and open
whatever is left
adjust it
you can do any ledger
like this
drawings, capital
watch gallery, furniture
whatever you want
you can do
so telly is not like
you can do it once
then you can't change
so this was ledger discussion
ok