3. Choose the Ledger Account Master from the dropdown option.¶
4. Click on the Add New button and choose Add New Ledger for add new ledger in the system.¶
5. Choose the Account Type from the predefined options, For Eg: ASSETS¶
6. In the Parent field, select the appropriate parent according to the account type you have choose. Example: If the account type is Assets, you can choose Current Assets as the parent.¶
7. Under the selected parent (e.g., Current Assets), you can add a ledger group to categorize accounts further. Example: Under Current Assets, you can choose the ledger group as Cash.¶
8. Enter the name of the account, For EG: PETTY CASH ACCOUNT¶