Working with Accounting Groups in Tally Prime or Tally ERP 9 Tutorial

In this tutorial, I will teach you why and when to use Accounting Groups in Tally Prime or Tally ERP 9. 💞 Support For A Cause @ ✍ About the Account Groups in Tally Prime or Tally ERP 9 Unless like Voucher Types, Groups are also a core part of Tally Accounting Software. While creating a ledger account, you are always asked to place that ledger account under an inbuilt Tally Group. In Tally, there are a total of 4 types of Groups: Liabilities, Assets, Income, and Expenses. While creating a new Group, you have to place that group under one of the 34 inbuilt Tally Accounting Groups. The tutorial will show you the benefits of creating a group and then placing ledger accounts into the newly created group and how you can use Tally Groups to further filter your accounting books, trial balance, balance sheet, and profit and loss. 👌 Recommended Videos Introduction to Voucher Types in Tally