Creating ledger a ledger in tally 9

Creation of a Ledger account

The information required for creation of ledgers depends on the features opted by you. If the setting of the Accounting Features [F:11] of your company is No for all options, your ledger creation screen would need minimal information.

It should be noted that Tally automatically creates two ledger accounts, viz., Cash (under Cash-in-hand) and Profit & Loss Account (direct Primary account). It does not make any other presumptions. You must create all other account

heads. There are no restrictions in ledger creation except that you cannot create another Profit & Loss A/c (actually an account that behaves like one). You may create any number of Cash accounts (by another name like "Petty Cash" ).

Gateway of Tally > Accounts Info. > Ledgers > Single Create

What is the process for converting data from Tally 7.2 to Tally 9 (Data Migration / Data Conversion)?

To migrate the data from Tally 7.2 to Tally 9, follow the below mentioned steps.

• Install Tally 9
• Now run 'TallyMigrateData' utility from Start > Programs > Tally 9 > TallymigrateData
[Note: You can also run the migration utility by double clicking tally72migrate.exe file located in the folder where Tally 9 is installed]
• The utility will launch Tally Data Migration Tool and Tally 9
• Select 'Migrate Data' in the Migration Company screen
• Specify the directory where Tally 5.4 data is located in the 'Directory' field (Say, 'C:\Tally54\data')
• Select the company from the List of Companies
• Data Migration utility loads the data of selected company and asks for confirmation
• Select 'Yes' and start the migration of selected company
• The status of is shown in the Migration Messages Pane
• When the migration is complete, it displays an information pop-up, "Migration Completed, Check Statistics (press any key)"
• On pressing any key 'Congratulation' message appears confirming the completion of the migration of the data

[Note: If any error occurs during migration, it gets logged into a file 'migration.err', which is automatically generated and made available in the folder where Tally 9 is installed]

• The migrated company is by default saved in the Tally 5.4 data folder. The migrated data is prefixed with a '0' and appears as a 5 digit number. For example, if the company folder number, before migration was '0099', after migration it would be '00099'.
• Now your migrated data is ready for use in Tally 9