Chart of Accounts - - -

Sno Ledger's Name Group Head in Tally Type of A/c Debit / Credit

1 Proprietor Capital A/c Capital Account Real Credit

2 Partners Capital A/c Capital Account Real Credit

3 Share Capital A/c Capital Account Real Credit

4 Drawing, House hold expeneses, Self Insurance Policy Capital Account Real Debit

5 General Reserve Reserved & Surplus Real Credit

6 Capital Reserve Reserved & Surplus Real Credit

7 Investment Allowance Reserve Reserved & Surplus Real Credit

8 Bank Term Loan against Machinery , Premises, Equipment, FDR/Investment Secured Loans Real -

9 Bank Car Loan or any other loan which is secured on any assets Secured Loans Real -

10 Advance from Customers Unsecured Loans Real -

11 Deposit Received from Family Members, any other loan which is not secured against any assets Unsecured Loans Real -

12 Whe Loan Received Unsecured Loans - Credit

13 Whe Loan Paid Unsecured Loans - Debit

14 Bank Overdraft A/c Bank OD Real -

15 Bank Bill Discounted Hypothec. Pledges Bank OD Real -

16 Bank CC Limit Bank OCC Account Real -

17 Whe Amount Received via Cash / Bank /Chq Bank OCC Account - Debit

18 Whe Amount Piad via Cash / Bank /Chq Bank OCC Account - Credit

19 Gratuity Provision Provision Real Credit

20 Income Tax Provision Provision Real Credit

21 Audit Fee Provision Provision Real Credit

22 Legal Charge Provision Provision Real Credit

23 VAT Tax Duties & Taxes Real -

24 Sales Tax Duties & Taxes Real -

25 Service Tax Duties & Taxes Real -

26 Excise Duty Duties & Taxes Real -

27 Input Vat / Sales Tax / Service Tax / Excise Duty A/c ( Purchase ) Duties & Taxes - Debit

28 Output Vat / Sales Tax / Service Tax / Excise Duty A/c ( Sales ) Duties & Taxes - Credit

29 TDS Duties & Taxes Real -

30 TDS on Rent/ Sub Contract etc Duties & Taxes - Credit

31 TDS on Rent/ Sub Contract etc Duties & Taxes - Debit

32 Suppliers ( Creditor's ) Sundry Creditors Personal -

33 Whe Goods Purchased on credit Sundry Creditors - Credit

34 Whe paid to Creditor's Sundry Creditors - Debit

35 Current Liabilities Current Liabilities - -

36 Salary, Wages, Bonus Payable Current Liabilities Real Credit

37 Expenses Payable Current Liabilities Real Credit

38 Outstanding Payable Current Liabilities Real Credit

39 Interest Payable Current Liabilities Real Credit

40 Tax Payable on Salary Interest Current Liabilities Real Credit

41 Sales Tax Payable Current Liabilities Real Credit

42 Excise Duty Payable Current Liabilities Real Credit

43 Credit Card Bills Payable Current Liabilities Real Credit

44 VAT Payable Current Liabilities Real Credit

45 Service Tax Payable Current Liabilities Real Credit

46 Different location branch is coming under this head Branch / Divisions Real -

47 When Goods /cash /bank transfar to branch account Branch / Divisions - Debit

48 When Goods /cash /bank transfar from branch account Branch / Divisions - Credit
 Chart of Accounts - - -
Sno Ledger's Name Group Head in Tally Type of A/c Debit / Credit

49 Building Fixed Assets Real Debit

50 Furniture & Fixture Fixed Assets Real Debit

51 Computers Fixed Assets Real Debit

52 Mobiles Fixed Assets Real Debit

53 All Type of Vehicles Fixed Assets Real Debit

54 Air Conditioner Fixed Assets Real Debit

55 Land Fixed Assets Real Debit

56 Office Premises Fixed Assets Real Debit

57 CCTV Camera Fixed Assets Real Debit

58 Machinery Fixed Assets Real Debit

59 Tools Fixed Assets Real Debit

60 Printer , Fax Machine Fixed Assets Real Debit

61 Electrical Fitting of permanent nature Fixed Assets Real Debit

62 Laboratory Testing Equipment Fixed Assets Real Debit

63 Material Movement Equipment Fixed Assets Real Debit

64 Weighing ( Toll Kanta ) Fixed Assets Real Debit

65 Pollutions Control Equipment Fixed Assets Real Debit

66 Factory Maintenance Equipment Fixed Assets Real Debit

67 Transformer Fixed Assets Real Debit

68 Generator Fixed Assets Real Debit

69 Fire Extinguishers Fixed Assets Real Debit

70 Photocopy Machine Fixed Assets Real Debit

71 Jewellery & Ornament Fixed Assets Real Debit

72 House Fixed Assets Real Debit

73 Factory Store Equipment Fixed Assets Real Debit

74 Invertors and all Assets which have useful life more than One Year Fixed Assets Real Debit

75 When any asstes sales or charge depriciation on asstes Fixed Assets - Credit

76 Shares Investment Real Debit

77 Debentures Investment Real Debit

78 Bond, Government Securities Investment Real Debit

79 PPF Investment Real Debit

80 LIC Policy Investment Real Debit

81 Infrastructure Bond Investment Real Debit

82 FDR Investment Real Debit

83 Mutual Fund Investment Real Debit

84 Share Application Money Given, Share Margin Money Given Investment Real Debit

85 When any investment sales to the market Investment - Credit

86 Bank Current A/c Bank Account Personal -

87 Bank Saving A/c Bank Account Personal -

88 When Cash Deposit to bank Bank Account - Debit

89 When amount withdrawal from bank Bank Account - Credit

90 Cash Cash in hand Real -

91 Petty Cash Cash in hand Real -

92 Cash deposite Cash in hand - Debit

93 Cash withdrwal Cash in hand - Credit

94 Stock in Hand Stock in Hand Real Debit

95 For Manufacturers Stock in Hand Real Debit

Stock in Hand - Raw Material, Finished Goods, Work in Progress, Packing Material, Fuel Stores etc Stock in Hand Real Debit
96
 Chart of Accounts - - -
Sno Ledger's Name Group Head in Tally Type of A/c Debit / Credit

97 Stock in Hand of spare parts and any other parts which is regularly use Stock in Hand Real Debit

98 Interest Accrued on Deposits Current Assets Real Debit

99 Tax Deducted at Source ( Receivable ) Current Assets Real Debit

100 Advance Income Tax Current Assets Real Debit

101 Sales Tax Refund Receivable Current Assets Real Debit

102 Excise Moderate Claim Receivable Current Assets Real Debit

103 VAT Receivable Current Assets Real Debit

104 Insurance Claim Receivable Current Assets Real Debit

105 Deposit with Electric Supply Company Deposit ( Assets ) Real Debit

106 Deposit with Municipality Deposit ( Assets ) Real Debit

107 Deposit For Rent Deposit ( Assets ) Real Debit

108 Earnest Money Deposit Deposit ( Assets ) Real Debit

109 Tender Deposit Deposit ( Assets ) Real Debit

110 Deposit with Telephone Company Deposit ( Assets ) Real Debit

111 Advance against Salary to Staff Loans & Advances Real Debit

112 Advance for Order to Supplier ( Assets ) Real Debit

113 Advance for Expenses ( Assets ) Real Debit

114 Short Term Advances ( Assets ) Real Debit

115 Preincorporating Expenses Misc. Expenses Real Debit

116 Sales Sundry Debtors - Debit

117 Payment received Sundry Debtors - Credit

118 Sales A/c Sales A/c Nominal Credit

119 Sales Return A/c Sales A/c Nominal Debit

120 Job Work Income Direct Income Nominal Credit

121 Consultancy Fee Direct Income Nominal Credit

122 Salary from Employer Direct Income Nominal Credit

123 Bonus Allowance Received Direct Income Nominal Credit

124 Commission Brokerage Received Direct Income Nominal Credit

125 Share of Profit from Business Direct Income Nominal Credit

126 House Rent Income Direct Income Nominal Credit

127 Dividend Received Direct Income Nominal Credit

128 Interest from Investment Direct Income Nominal Credit

129 Interest Received from Loan Direct Income Nominal Credit

130 Long Term Profit on Sales of Share Direct Income Nominal Credit

131 Short Term Profit on Sales of Share Direct Income Nominal Credit

132 Speculative Income Direct Income Nominal Credit

133 Sales Tax Refund Indirect Income Nominal Credit

134 Claims Refund Received Indirect Income Nominal Credit

135 Discount on Purchases Indirect Income Nominal Credit

136 Share Dividend Income Indirect Income Nominal Credit

137 Misc. Receipts Indirect Income Nominal Credit

138 Interest Received from Bonds, Bank Deposit, Loan Given, Debenture, Customers Indirect Income Nominal Credit

139 Excise Duty Drawback / Moderate Claims Indirect Income Nominal Credit

140 Claims Received Indirect Income Nominal Credit

141 Discount on Purchases Indirect Income Nominal Credit

142 Commission , Brokerage Received Indirect Income Nominal Credit

143 Interest Income Indirect Income Nominal Credit

144 Income on Investment Indirect Income Nominal Credit

 Chart of Accounts - - -
Sno Ledger's Name Group Head in Tally Type of A/c Debit / Credit

145 Profit on Sales of Assets Indirect Income Nominal Credit

146 Other Misc. Income Indirect Income Nominal Credit

147 Sales of Scrap Indirect Income Nominal Credit

148 Purchase A/c Purchase A/c Nominal Debit

149 Purchase Return A/c Purchase A/c Nominal Credit

150 Packing Material Exp Direct Expenses Nominal Debit

151 Packing Exp Direct Expenses Nominal Debit

152 Commission Brokerage on Purchase Direct Expenses Nominal Debit

153 Freight on Purchase Direct Expenses Nominal Debit

154 Handling Exp. on Purchase Direct Expenses Nominal Debit

155 Labor & Wages Direct Expenses Nominal Debit

156 Other Trading Taxes which are not Refundable Direct Expenses Nominal Debit

157 Packing Material Exp Direct Expenses Nominal Debit

158 Fuel Consumed Exp Direct Expenses Nominal Debit

159 Laboratory Material Consumed Exp Direct Expenses Nominal Debit

160 Consumable & Store Items Consumed Exp Direct Expenses Nominal Debit

All expenses related to workman at factory like workman Wages, Welfare, Incentive, Allowances,
Bonus Direct Expenses Nominal Debit
etc
161

162 Freight on Purchase Direct Expenses Nominal Debit

163 Octroi on Purchase Direct Expenses Nominal Debit

164 Material Purchase Exp. Direct Expenses Nominal Debit

165 Loading / Unloading on Purchases Direct Expenses Nominal Debit

166 Labour Processing Charges Direct Expenses Nominal Debit

167 For Individual Direct Expenses Nominal Debit

168 Car exp. For Professionals Direct Expenses Nominal Debit

169 Charity, Donation Direct Expenses Nominal Debit

170 Consultant Fee for Tax Return Direct Expenses Nominal Debit

171 Conveyance Exp Direct Expenses Nominal Debit

172 Interest on Loan Direct Expenses Nominal Debit

173 Other Business Exp Direct Expenses Nominal Debit

174 Membership Fee Direct Expenses Nominal Debit

175 Professional Tax Direct Expenses Nominal Debit

176 Salary and Bonus Exp Indirect Expenses Nominal Debit

177 Staff Welfare Exp Indirect Expenses Nominal Debit

178 Staff Festival Benefit Exp Indirect Expenses Nominal Debit

179 Freight On Sales Indirect Expenses Nominal Debit

180 Incentive to Staff Indirect Expenses Nominal Debit

181 Bad Debts Indirect Expenses Nominal Debit

182 Depreciation Indirect Expenses Nominal Debit

183 Printing and Stationery Exp Indirect Expenses Nominal Debit

184 Traveling Exp Indirect Expenses Nominal Debit

185 Conveyance Exp Indirect Expenses Nominal Debit

186 Telephone Exp Indirect Expenses Nominal Debit

187 Mobile Exp Indirect Expenses Nominal Debit

188 Courier and Postage Indirect Expenses Nominal Debit

189 Repair and Maintenance Exp Indirect Expenses Nominal Debit

190 Rent Exp Indirect Expenses Nominal Debit

191 Electricity Exp Indirect Expenses Nominal Debit

 Chart of Accounts - - -
Sno Ledger's Name Group Head in Tally Type of A/c Debit / Credit

192 License Fee Municipal Tax Indirect Expenses Nominal Debit

193 Fuel Exp ( Fuel exp on Vehicle, Genrator ) Indirect Expenses Nominal Debit

194 Ware Housing Exp Indirect Expenses Nominal Debit

195 Hire Charges Indirect Expenses Nominal Debit

196 Insurance Exp Indirect Expenses Nominal Debit

197 Legal Exp Indirect Expenses Nominal Debit

198 Consultancy Fee Indirect Expenses Nominal Debit

199 Computer Exp Indirect Expenses Nominal Debit

200 Loss due to Theft, Fire, Pilferage, Damage Indirect Expenses Nominal Debit

201 Discount on Sales Rebate Given Indirect Expenses Nominal Debit

202 Advertisement Exp Indirect Expenses Nominal Debit

203 Sales Promotion Exp Indirect Expenses Nominal Debit

204 Entertainment Exp Indirect Expenses Nominal Debit

205 conference Exp Indirect Expenses Nominal Debit

206 Exhibition Exp Indirect Expenses Nominal Debit

207 Interest on Loan Indirect Expenses Nominal Debit

208 Interest Charge by Supplier Indirect Expenses Nominal Debit

209 Bank Charges Indirect Expenses Nominal Debit

210 Commission / Brokerage on Finance Indirect Expenses Nominal Debit

211 Bill Discounting Exp Indirect Expenses Nominal Debit

212 Laboratory Exp Indirect Expenses Nominal Debit

213 Inspection Fees Indirect Expenses Nominal Debit

214 Testing Fees Indirect Expenses Nominal Debit

215 General Exp Indirect Expenses Nominal Debit

216 Professional Tax Indirect Expenses Nominal Debit

Miscellaneous Exp. Indirect Expenses Nominal Debit

217
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