How to add new group?

We create groups so that different ledgers can be merged and viewed together for better understanding. For example, All customer accounts grouped under Sundry Debtors.

To add a new group:

• Go to Accounting -> Group Master

• You will see all the existing groups. To add a new group, fill the details under any of primary group. The primary groups available are:
  • Income: like- Maintenance Charge, etc.
  • Expense: like – Salary, etc.
  • Assets: like Sundry Debtors, Cash, Bank, etc.
  • Liabilities: like Sundry Creditors, Tax, etc.