Accounting groups in tally erp 9 with examples

What are these "accounting groups"means?

In simple words you know that groups are collection of items arranged in a specific manner.

ex:

• Group of gift items : In this group you can arrange or store all items which are giftable like flower pots,dolls ect.

• group of kitchen item : In this group you can store all kitchen items like spoons,plates,cups ect.

Exactly in the same way in tally groups are used to arrange account head(s)/ledgers in a specific place.

examples:

• Bank account group :In this group you can store bank account details of your business.
• Direct expence group :In this group details of direct expenses occurs in your busines are can stored.
• Indirect expenses :here you can store indirect expenses of your business.       

 Why groups are used in tally erp 9?

In tally groups are used to arrange or classify your ledgers/account heads on the basis of there nature.by using these ledgers all the transaction happened in your business are can be stored in a specific group(s).

mainly accounting groups are classified into Assets,Liabilities,income and expenditure.

predefined groups of tally erp 9

Tally 9 uses totally 28-predefined groups.In these 28 predefined groups:15-are primary groups and 13-are subgroups. 

you can see the list of groups by selecting "DISPLAY" option.as usual you have two ways to display all groups,first one is by selecting single group and 2nd one is selecting multigroup option.

If you select single group to display groups it shows you list of groups only as in the below screen shot appears

NOTE:
You cannot delete this ledger, but you can modify them.

If you select Multiple groups display option then it will show you list of groups with the option "All items"so by selecting all items you can easily identify the groups under which they are created as shown in the screen shot.

 

I think you got an idea of groups and why they are useful.