Tally Prime Ledger Group List: Common Account Names with Their Groups

While creating a ledger in Tally Prime, the account name is easy to remember, but the correct ledger group is where most mistakes happen. Here's a quick list of some commonly used accounts.

Account Name	Ledger Group
Cash	Cash-in-Hand
SBI Bank	Bank Accounts
HDFC Bank	Bank Accounts
Furniture	Fixed Assets
Salary	Indirect Expenses
Rent Paid	Indirect Expenses
Electricity Bill	Indirect Expenses
Commission Received	Indirect Income
Purchase	Purchase Accounts
Sales	Sales Accounts

This is only a small part of the complete list. FinanceToolSite has a Tally Prime Ledger Group List PDF that includes all primary groups, sub-groups, and many more ledger examples in one place. It can save time while creating ledgers or revising Tally basics.