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Ledger Explanation

Table of Contents
Ledger Chart.......................................................................................................................................3
1.

Bank Accounts.........................................................................................................................4

2.

Bank OD A/c............................................................................................................................7

3.

Branches / Division ................................................................................................................10

4.

Capital Account .....................................................................................................................15

5.

Cash-in-hand.........................................................................................................................18

6.

Current Assets.......................................................................................................................21

7.

Current Liabilities ..................................................................................................................25

8.

Deposits (Asset).....................................................................................................................29

9.

Direct Expenses .....................................................................................................................30

10.

Direct Incomes...................................................................................................................36

11.

Duties & taxes ...................................................................................................................38

12.

Indirect Expenses...............................................................................................................42

13.

Indirect Incomes ................................................................................................................48

14.

Investments.......................................................................................................................50

15.

Loan & Advances (Assets) ...................................................................................................53

16.

Loan (Liability) ...................................................................................................................58

17.

Misc Expenses (Asset) ........................................................................................................61

18.

Party .................................................................................................................................65

19.

Provision ...........................................................................................................................69

20.

Purchase Accounts.............................................................................................................73

21.

Reserves & Surplus ............................................................................................................78

22.

Sales Accounts...................................................................................................................81

23.

Secured Loans ...................................................................................................................86

24.

Stock-in-hand ....................................................................................................................89

25.

Sundry Assets ....................................................................................................................91

26.

Sundry Creditors................................................................................................................93

27.

Sundry Debtors..................................................................................................................97

28.

Suspense A/c ................................................................................................................... 101

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Ledger Explanation
29.

Unsecured Loans ............................................................................................................. 104

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Ledger Explanation

Ledger Chart
There are 30 types of Ledger in accounts.

S. No. Name of Ledgers
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.

Image of Legers

Bank Account
Bank OD A/c
Branches / Division
Capital Account
Cash- in-hand
Current Assets
Current Liabilities
Deposits (Asset)
Direct Expenses
Direct Incomes
Duties & taxes
Indirect Expenses
Indirect Incomes
Investments
Loan & Advances (Assets)
Loan (Liability)
Misc Expenses (Asset)
Party
Provisions
Purchase Accounts
Reserves & Surplus
Sales Accounts
Secured Loans
Stock-in- hand
Sundry Assets
Sundry Creditors
Sundry Debtors
Suspense A/c
Unsecured Loans

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User has to select Bank Accounts After selecting Bank Accounts when user presses enter than two more new option comes in front of user: Set Cheque Books or In Service Provider/Receiver. User has to select Bank Account ledger from them. FAMS (Foison Accounting Management System) Page 4 . Bank Accounts After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user.Ledger Explanation 1.

FAMS (Foison Accounting Management System) Page 5 . User can also set Multi Currency for Ledger if user selects yes than a new grid in front of user than user have to select the currency. Now if user selects Set Cheque Books then it will open a new grid in front of user when user has to enter Cheque numbers and after than user has to click on close(x) button.Ledger Explanation If user wants than user can set Opening Balance amount and Credit/Debit.

After this user have to click on “Save” button or user can also press ALT+S for saving the Ledger. user has to enter the Service Tax Registration Numbe r. than it also open a new grid where user has to enter than.Ledger Explanation After than if user selects Service Provider/Receivers. FAMS (Foison Accounting Management System) Page 6 .

Bank OD A/c After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user. FAMS (Foison Accounting Management System) Page 7 . User has to select Bank OD A/c ledger from them.Ledger Explanation 2. After selecting Bank Accounts when user presses enter than one more new option comes in front of user: Set Cheque Books.

Let’s says that user selects RS. if user wants to set the Opening balance user can set. Rs. And also set the multi currency for Ledger.Ledger Explanation Now user has to follow the same process or procedure. FAMS (Foison Accounting Management System) Page 8 .

Now user has to enter the cheque book numbers and after that user have to press “Save ” Button or “ALT+S” for save this Ledger.Ledger Explanation After selecting user can set Yes or No for Cost Centre and after that user has to set Cheque Book Numbe rs. FAMS (Foison Accounting Management System) Page 9 .

After selecting Bank Accounts when user presses enter than two more new option comes in front of user: Set Cheque Books and Is TDS Applicable.Ledger Explanation 3. Branches / Division After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user. User has to select Branches / Division ledger from them. FAMS (Foison Accounting Management System) Page 10 .

Now user can click on “Is Service Provider/Receivers” When user click on Yes it is asking for Service Tax Registration Number. FAMS (Foison Accounting Management System) Page 11 .Ledger Explanation Now user can enter Opening Balance and set Multi Currency for Ledge r and set Cost Centre Yes/No.

After Enter these entire details user have to close(x) this window.Ledger Explanation After enter the Service Registration Number user has to select the Is Associate enterprise or Select Type of Classification. And now user can select next option IS TDS Applicable. FAMS (Foison Accounting Management System) Page 12 .

Ledger Explanation When user click on Yes for Is TDS Applicable then: It asking for two new things: Treat as TDS Expenses and Deductee Type When user click on Treat as TDS Applicable then a ne w grid is open on the screen and user has to select from them. FAMS (Foison Accounting Management System) Page 13 .

FAMS (Foison Accounting Management System) Page 14 .Ledger Explanation Let’s assume that select any other income and “Save” all this information.

User has to select Capital Account ledger from them. Capital Account After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user. FAMS (Foison Accounting Management System) Page 15 .Ledger Explanation 4.

Ledger Explanation After select Account Group name. if user wants user can set Multi Currency for Ledge r. FAMS (Foison Accounting Management System) Page 16 . user has to enter Opening Amount Balance. In next step.

Ledger Explanation Now user click on “Save” or press “ALT+S” from keyboard. FAMS (Foison Accounting Management System) Page 17 .

Ledger Explanation 5. FAMS (Foison Accounting Management System) Page 18 . User has to select Cash-in-hand ledger from them. After selecting Account Group Name user have to enter Opening Balance it will automatically select Cr (Credit) and Dr (Direct). Cash-in-hand After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user.

Now if user wants to select Multi Currency for Ledger than user has to click on yes. then a new grid is open and user has to select the currency. (Direct) automatically fills when user press enter after opening balance.Ledger Explanation Now user can see that Dr. FAMS (Foison Accounting Management System) Page 19 .

FAMS (Foison Accounting Management System) Page 20 .Ledger Explanation After Multi Currency for Ledger user can see that a symbol of currency comes on screen with Multi currency. Now just has to press “Save” or “ALT+S” to save ledger.

Type of Duty/Tax and Is TDS Applicable.e. FAMS (Foison Accounting Management System) Page 21 . Current Assets After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user.Ledger Explanation 6. User has to select Current Asset ledger from them. After selecting the Account Group user has to press enter than user can see that some new option comes on the screen i.

Duty Heads.e. FAMS (Foison Accounting Management System) Page 22 . When user selects Service Tax then one more option i.Ledger Explanation Now if user click on the Type of Duty/Tax then it will open a new grid and user have to select that given option if user want and user have to press close (x) button.

user can click on the IS TDS Applicable option.Ledger Explanation If user click on Yes than one more grid opens in front of user screen and user also has to select any option from them. Now if user wants. FAMS (Foison Accounting Management System) Page 23 . Lets User selects Service tax option.

a new grid opens in front of users screen: User has to select one option from them according to their need there are so many options present in this list. And user can press “Save ” button or ALT+S for saving all these details in Ledger.Ledger Explanation If user also want than user can click on Treat as TDS Expenses. FAMS (Foison Accounting Management System) Page 24 . After selecting Treat as TDS Expenses.

FAMS (Foison Accounting Management System) Page 25 . User has to select Current Liabilities ledger from them.Ledger Explanation 7. Current Liabilities After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user. After selecting Curre nt Liabilities. when user presses enter than some new options comes on user screen. then some more new options come on user screen. If user selects “Is Service tax Applicable ”.

than a new grid is open on the screen and user have to enter Registration Numbe r and select Type of Classification from the list. FAMS (Foison Accounting Management System) Page 26 .Ledger Explanation When user click on Treat as Service provide r/Receiver. And when user selects TDS Applicable. some more new option comes on the screen.

Ledger Explanation And if user selects “Treat as TDS Expenses” a new grid comes on the screen: FAMS (Foison Accounting Management System) Page 27 .

Now user can press “Save” button and ALT+S for saving all the details. FAMS (Foison Accounting Management System) Page 28 .Ledger Explanation Now user has to select any option from list.

FAMS (Foison Accounting Management System) Page 29 . User has to select Deposits (Asset) ledger from them. Now user has to follow the same procedure and similarly user has to fill details. And after that user have to click on “Save ” button for saving all the information about ledger.Ledger Explanation 8. Deposits (Asset) After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user.

FAMS (Foison Accounting Management System) Page 30 .Ledger Explanation 9. Direct Expenses After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user. After that when user presses enter then some new options come on the screen. And if user want user can enter Opening Balance and Multi Curre ncy for Ledger. If user need than user can use these option. User has to select Direct Expenses ledger from them.

FAMS (Foison Accounting Management System) Page 31 . After that when user selects Default Service Category then a new grid is open and user has to select one option from them.Ledger Explanation Let’s assume that user needs these options. And user selects “Is Service tax Applicable ”.

After that if user selects “Is TDS Applicable ”.Ledger Explanation Let’s assume that user selects Accounting Se rvice (619). it also shows the name of option which user choose. FAMS (Foison Accounting Management System) Page 32 .

When user selects Any Other Income option. FAMS (Foison Accounting Management System) Page 33 .Ledger Explanation User can see that when user chooses Is TDS Applicable then a new option comes on the screen that is Treat as TDS Expenses. then it shows that option with check box. When user selects on Treat as TDS Expenses than a new grid is open in the screen and Let’s assume that says that user selects Any Other Income option.

Ledger Explanation Now the last option is “Used in VAT Returns”. If user selects this option than a new grid is open in front of user. FAMS (Foison Accounting Management System) Page 34 .

Ledger Explanation These are the option which are provides in the grid. User has to select one option from them according to requirement. FAMS (Foison Accounting Management System) Page 35 . User can easily see that which option user’s select. User has to select any option from the grid. And now user has to press “Save” button for saving all details or user can use “ALT+S” for saving all details.

Direct Incomes After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user. If user need than user can use these option.Ledger Explanation 10. User has to select Direct Expenses ledger from them. After that when user presses enter then some new options come on the screen. And if user want user can enter Opening Balance and Multi Curre ncy for Ledger. FAMS (Foison Accounting Management System) Page 36 .

User has to follow the same step in Direct Incomes as user follow in Direct Expenses. FAMS (Foison Accounting Management System) Page 37 .Ledger Explanation Now if user can easily see that Direct Incomes is similarly with Direct Expenses.

e. FAMS (Foison Accounting Management System) Page 38 . User has to select Duties & taxes ledger from them.Ledger Explanation 11. Type of Duty/Tax and Is TDS Applicable. When user selects Duties & taxes option form the list then some new option comes on screen i. Duties & taxes After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user.

If user selects Type of Duty/Tax then a new grid is open and user has to select one option from list.Ledger Explanation If user want or user thinks that user needs to set Opening Balance and select Multi Currency than user can select or user these options. FAMS (Foison Accounting Management System) Page 39 . It shows the name of Type of Duty/Tax which user’s select.

Ledger Explanation Now if user selects Tax Head then one more new grid is open and user has to select one option from list. FAMS (Foison Accounting Management System) Page 40 . And when user selects any option than it also show which option user select.

FAMS (Foison Accounting Management System) Page 41 . And at the end user has to save all these information by pressing “Save” button.Ledger Explanation Now if user selects Is TDS Applicable then two more option comes on the screen: If user selects Treat as TDS Expenses than one new grid is open in front of user and user has to select one option from the list.

If user need than user can use these option. And if user want user can enter Opening Balance and Multi Curre ncy for Ledger. After that when user presses enter then some new options come on the screen. FAMS (Foison Accounting Management System) Page 42 . User has to select Indirect Expenses ledger from them. Indirect Expenses After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user.Ledger Explanation 12.

Ledger Explanation

Let’s assume that user needs these options. And user selects “Is Service tax Applicable ”.

After that when user selects Default Service Category then a new grid is open and user has to
select one option from them.

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Ledger Explanation

Let’s assume that user selects Accounting Se rvice (619), it also shows the name of option which
user choose.

After that if user selects “Is TDS Applicable”.

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Ledger Explanation

User can see that when user chooses Is TDS Applicable then a new option comes on the screen
i.e. Treat as TDS Expenses.
When user selects Treat as TDS Expenses than a new grid is open in the screen and Let’s
assume that user selects Any Other Income option.

When user selects Any Other Income option, then it s hows that option with check box.

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If user selects this option than a new grid is open in front of user. These are the option which are provides in the grid.Ledger Explanation Now the last option is “Used in VAT Returns”. User has to select any option from the grid. User has to select one option from them according to requirement. FAMS (Foison Accounting Management System) Page 46 .

Ledger Explanation User can easily see that which option user’s select. And now user has to press “Save” button for saving all details or user can use “ALT+S” for saving all details. FAMS (Foison Accounting Management System) Page 47 .

Ledger Explanation 13. Is TDS Applicable. Indirect Incomes After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user. Options are “Is Service Tax Applicable. FAMS (Foison Accounting Management System) Page 48 . After selection of the Ledger name and press enter. User sees that some new options come on the screen. Used in Vat Return”. User has to select Indirect Expenses ledger from them.

User can easily see that which option user’s select. Treat as TDS Expe nses. And when user selects this a new grid is open and user has to select one option from them.e. Default Service Category and when user select Default Service Category than a new grid is open and user has to select one option from them. Now last option is Used in Vat returns when user select this option then one more new grid is open in front of user and user have to select one option from them. And now user has to press “Save” button or “ALT+S” for saving all details.e.Ledger Explanation Now user has to follow same step like other ledger. Now if user select Is TDS Applicable than one more new option come on screen i. FAMS (Foison Accounting Management System) Page 49 . And which option user select it shows on screen with Default Service Category. If user select Is Service tax Applicable than a new option come on screen i.

user has to press Enter and user can see that some new options come on the screen. Investments After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user. User has to select Indirect Expenses ledger from them. FAMS (Foison Accounting Management System) Page 50 .Ledger Explanation 14. After selecting the Ledger name.

Let’s assume that think that user select Treat as TDS Expenses one more open in front of user and user has to select one option from them. FAMS (Foison Accounting Management System) Page 51 .Ledger Explanation Now if user wants than user can use Opening Balance. Treat as TDS Expenses and Deductee Type. Cost Centre and Multi Currency. If user select the Is TDS Applicable then two more new options comes on the screen i.e.

Now user has to save all information by pressing “Save ” or “ALT+S”. FAMS (Foison Accounting Management System) Page 52 .Ledger Explanation When user select any option form the list. that option will shows on the screen.

Loan & Advances (Assets) After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user. After that when user presses enter then some new options come on the screen. If user need than user can use these option.Ledger Explanation 15. And if user want user can enter Opening Balance and Multi Currency for Ledger. User has to select Loan & Advances (Assets) ledger from them. FAMS (Foison Accounting Management System) Page 53 .

FAMS (Foison Accounting Management System) Page 54 . After that when user selects Default Service Category then a new grid is open and user has to select one option from them. And user selects Is Service tax Applicable.Ledger Explanation Let’s assume that user needs these options.

it also shows the name of option which user choose. FAMS (Foison Accounting Management System) Page 55 .Ledger Explanation Let’s assume that user selects Accounting Service (619). After that if user selects “Is TDS Applicable”.

Ledger Explanation User can see that when user chooses Is TDS Applicable then a new option comes on the screen i. Treat as TDS Expenses. FAMS (Foison Accounting Management System) Page 56 .e. Now a new grid is open in front of user and user has to select any option from them. Let’s assume that user select Deductee Type.

Ledger Explanation User can easily see that which option user’s select. And now user has to press “Save” button for saving all details or user can use “ALT+S” for saving all details. FAMS (Foison Accounting Management System) Page 57 .

After that when user presses enter then some new options come on the screen. Loan (Liability) After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user. And if user want user can enter Opening Balance and Multi Curre ncy for Ledger. FAMS (Foison Accounting Management System) Page 58 . User has to select Loan (Liability) ledger from them. If user need than user can use these option.Ledger Explanation 16.

Ledger Explanation Let’s assume that user needs these options. FAMS (Foison Accounting Management System) Page 59 . User can see that when user chooses Is TDS Applicable then a new option comes on the screen that is Treat as TDS Expenses. And user selects Is TDS Applicable. When user selects on Treat as TDS Expenses than a new grid is open in the screen and Let’s assume that says that user selects Any Other Income option.

FAMS (Foison Accounting Management System) Page 60 . And now user has to press “Save” button for saving all details or user can use “ALT+S” for saving all details. then it shows that option with check box.Ledger Explanation When user selects Any Other Income option. User can easily see that which option user’s select.

After that when user presses enter then some new options come on the screen. FAMS (Foison Accounting Management System) Page 61 . User has to select Misc Expenses (Asset) ledger from them.Ledger Explanation 17. And if user want user can enter Opening Balance and Multi Curre ncy for Ledger. Misc Expenses (Asset) After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user. If user need than user can use these option.

Ledger Explanation Let’s assume that user needs these options. One more option come on screen i. After that when user selects Default Service Category then a new grid is open and user has to select one option from them. Default Service Category. And user selects Is Service tax Applicable.e. FAMS (Foison Accounting Management System) Page 62 .

After that if user selects “Is TDS Applicable”. it also shows the name of option which user choose. When user selects Treat as TDS Expenses than a new grid is open in the screen and let’s assumes that says that user selects Any Othe r Income option. User can see that when user chooses Is TDS Applicable then a new option comes on the screen i.Ledger Explanation Let’s assume that user selects Accounting Se rvice (619).e. Treat as TDS Expenses. FAMS (Foison Accounting Management System) Page 63 .

FAMS (Foison Accounting Management System) Page 64 . And now user has to press “Save” button for saving all details or user can use “ALT+S” for saving all details.Ledger Explanation When user selects Any Other Income option. User can easily see that which option user’s select. then it shows that option with check box.

If user need than user can use these option. Party After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user. User has to select Party ledger from them. And if user want user can enter Opening Balance and Multi Curre ncy for Ledger. FAMS (Foison Accounting Management System) Page 65 .Ledger Explanation 18. After that when user presses enter then some new options come on the screen.

e. FAMS (Foison Accounting Management System) Page 66 . Registration Number and select Type of Classification.Ledger Explanation Let’s assume that user needs these options. And user selects Is Service Provider/Receivers. When user selects Is Service Provider/Receivers then a new POP up comes on screen in which user have to enter Service Tax Details i.

Deductee Type. When user selects Is TDS Applicable then a new option comes on the screen i.e. Is TDS Applicable.Ledger Explanation Next option is. When user selects Deductee Type then a new list is open on the screen and user has to select one option from the list. FAMS (Foison Accounting Management System) Page 67 .

FAMS (Foison Accounting Management System) Page 68 . And now user has to press “Save” button for saving all details or user can use “ALT+S” for saving all details. User can easily see that which option user’s select.Ledger Explanation User selects Artificial Juridical Person and it’s clearly shown in the screen. Next option is “Is TCS Applicable” if user need this option then select and else not.

User has to select Provision ledger from them. Provision After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user. And if user want user can enter Opening Balance and Multi Curre ncy for Ledger. After that when user presses enter then some new options come on the screen. If user need than user can use these option.Ledger Explanation 19. FAMS (Foison Accounting Management System) Page 69 .

Ledger Explanation Let’s assume that user needs these options. User can see that some new options come on screen. After that when user selects Treat as Service provider/Receiver then a new pop up is open and user has to enter Services Tax Details Registration Numbe r and Type of Classification select one option from them. And user selects “Is Service tax Applicable”. FAMS (Foison Accounting Management System) Page 70 .

user has to select Is TDS Applicable. Some new options come on the screen i. a new list is open on the screen and user has to select one option from them. Treat as TDS Expenses and Deductee Type.Ledger Explanation After filling all these details user has to press close (x) button of pop-up.e. When user selects Deductee Type. After that. FAMS (Foison Accounting Management System) Page 71 .

And now user has to press “Save” button for saving all details or user can use “ALT+S” for saving all details.Ledger Explanation When user selects any option from the list it shows on the screen. FAMS (Foison Accounting Management System) Page 72 . User can easily see that which option user’s select.

If user need than user can use these option. Purchase Accounts After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user.Ledger Explanation 20. User has to select Purchase Accounts ledger from them. After that when user presses enter then some new options come on the screen. FAMS (Foison Accounting Management System) Page 73 . And if user want user can enter Opening Balance and Multi Curre ncy for Ledger.

Default Service Category. And user selects “Is Service tax Applicable ”.Ledger Explanation Let’s user needs these options. After that if user selects Default Service Category than a new list is open in front of user.e. FAMS (Foison Accounting Management System) Page 74 . Now one more options come on the screen i.

And click on select. FAMS (Foison Accounting Management System) Page 75 .e.Ledger Explanation User has to select useful option from the list. After that the option select by the user comes on the screen. After that if user select “Is TDS Applicable” then some new option comes on the screen i. If user selects Treat as TDS Expenses then a new list comes on the screen and user has to select one more option from list. “Treat as TDS Expenses” and “Deductee Type”.

FAMS (Foison Accounting Management System) Page 76 . Now last option is Used in VAT Returns if user selects this option than a new list Is open in front of user and user has to select any option from them.Ledger Explanation Now user can see that which option user select.

Ledger Explanation These are the option which are provides in the grid. And now user has to press “Save” button for saving all details or user can use “ALT+S” for saving all details. FAMS (Foison Accounting Management System) Page 77 . User has to select any option from the grid. User has to select one option from them according to requirement. User can easily see that which option user’s select.

Ledger Explanation 21. FAMS (Foison Accounting Management System) Page 78 . If user need than user can use these option. Reserves & Surplus After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user. User has to select Reserves & Surplus ledger from them. After that when user presses enter then some new options come on the screen. And if user want user can enter Opening Balance and Multi Curre ncy for Ledger.

User can see that when user chooses Is TDS Applicable then a new option comes on the screen that is Treat as TDS Expenses. When user selects on Treat as TDS Expenses than a new grid is open in the screen and let’s says that user selects Any Other Income option. And user selects “Is TDS Applicable”.Ledger Explanation Let’s user needs these options. FAMS (Foison Accounting Management System) Page 79 .

And now user has to press “Save” button for saving all details or user can use “ALT+S” for saving all details. User can easily see that which option user’s select. FAMS (Foison Accounting Management System) Page 80 . then it shows that option with check box.Ledger Explanation When user selects Any Other Income option.

FAMS (Foison Accounting Management System) Page 81 .Ledger Explanation 22. Sales Accounts After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user. User has to select Sales Accounts ledger from them.

Ledger Explanation After that when user presses enter then some new options come on the screen. Default Service Category. If user need than user can use these option. (Debit). And if user want user can enter Opening Balance and Multi Curre ncy for Ledger.e. If user enters Opening Balance then user just need to press enter it automatically takes value its Cr. After that when user select “Is Service tax Applicable” than one more option come on the screen i. FAMS (Foison Accounting Management System) Page 82 . (Credit) or Dr.

Let’s user selects Accounting Service (619). FAMS (Foison Accounting Management System) Page 83 .Ledger Explanation When user selects “Default Service Category” than one list is open in front of screen and user has to select one option from them. it also shows the name of option which user choose on screen.

Ledger Explanation Now the last option is “Used in VAT Returns”. FAMS (Foison Accounting Management System) Page 84 . User has to select one option from them according to requirement. If user selects this option than a new grid is open in front of user. User has to select any option from the grid. These are the option which are provides in the grid.

FAMS (Foison Accounting Management System) Page 85 .Ledger Explanation User can easily see that which option user’s select. And now user has to press “Save” button for saving all details or user can use “ALT+S” for saving all details.

After that when user presses enter then some new options come on the screen. Secured Loans After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user. And if user want user can enter Opening Balance and Multi Currency for Ledger. Let’s user needs these options. And user selects “Is TDS Applicable ”. If user need than user can use these option. User has to select Secured Loans ledger from them.Ledger Explanation 23. FAMS (Foison Accounting Management System) Page 86 .

Ledger Explanation After that when user selects Is TDS Applicable. FAMS (Foison Accounting Management System) Page 87 .

User can easily see that which option user’s select.Ledger Explanation User can see that when user chooses Is TDS Applicable then a new option comes on the screen that is Treat as TDS Expenses. When user selects Any Other Income option. then it shows that option with check box. When user selects on Treat as TDS Expenses than a new grid is open in the screen and let’s says that user selects Any Other Income option. FAMS (Foison Accounting Management System) Page 88 . And now user has to press “Save” button for saving all details or user can use “ALT+S” for saving all details.

FAMS (Foison Accounting Management System) Page 89 .Ledger Explanation 24. Stock-in-hand After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user. User has to select Stock-in-hand ledger from them. If user want user can enter Opening Balance and Multi Currency for Ledger.

FAMS (Foison Accounting Management System) Page 90 .Ledger Explanation Now user has to press “Save” button for saving all details or user can use “ALT+S” for saving all details.

If user want user can enter Opening Balance and Multi Currency for Ledger. FAMS (Foison Accounting Management System) Page 91 .Ledger Explanation 25. User has to select Sundry Assets ledger from them. Sundry Assets After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user.

Ledger Explanation Now user has to press “Save” button for saving all details or user can use “ALT+S” for saving all details. FAMS (Foison Accounting Management System) Page 92 .

And if user want user can enter Opening Balance and Multi Curre ncy for Ledger. After that when user presses enter then some new options come on the screen. FAMS (Foison Accounting Management System) Page 93 . Sundry Creditors After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user.Ledger Explanation 26. If user need than user can use these option. User has to select Sundry Cre ditors ledger from them.

Ledger Explanation

Let’s user needs these options. And user selects “Is Service Provide r/Receiver”.

After that when user selects Is Service Provider/Receiver then some new option comes on
screen.

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Ledger Explanation

When user selects Deductee Type then a new grid or list is open and user has to select one
option from them.

When user selects Body of Individuals, then it shows that option with check box.

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Ledger Explanation

Last option is “Is TCS Applicable” according to need user can use this option.

Now user has to press “Save” button for saving all details or user can use “ALT+S” for saving
all details.

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Sundry Debtors After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user. After that when user presses enter then some new options come on the screen.Ledger Explanation 27. If user need than user can use these option. User has to select Direct Expenses ledger from them. And if user want user can enter Opening Balance and Multi Curre ncy for Ledger. FAMS (Foison Accounting Management System) Page 97 .

e. When user selects Is TDS Applicable then a new option comes on the screen i. Is TDS Applicable. FAMS (Foison Accounting Management System) Page 98 . Next option is.e. Registration Number and select Type of Classification.Ledger Explanation When user selects Is Service Provider/Receivers then a new POP up comes on screen in which user have to enter Service Tax Details i. Deductee Type.

User selects Artificial Juridical Person and it’s clearly shown in the screen. Next option is “Is TCS Applicable” if user need this option then select and else not.Ledger Explanation When user selects Deductee Type then a new list is open on the screen and user has to select one option from the list. FAMS (Foison Accounting Management System) Page 99 .

And now user has to press “Save” button for saving all details or user can use “ALT+S” for saving all details.Ledger Explanation User can easily see that which option user’s select. FAMS (Foison Accounting Management System) Page 100 .

FAMS (Foison Accounting Management System) Page 101 . And if user want user can enter Opening Balance and Multi Curre ncy for Ledger. After that when user presses enter then one new option comes on the screen. User has to select Suspense A/c ledger from them.Ledger Explanation 28. Suspense A/c After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user. If user need than user can use these option.

FAMS (Foison Accounting Management System) Page 102 .Ledger Explanation If user selects “Is TDS Applicable”.e. If user select Deductee type than a new grid or list comes on the screen and user has to select one option from the list. User can see that when user chooses Is TDS Applicable then some new option comes on the screen i. Treat as TDS Expenses and Deductee Type.

then it shows that option with check box.Ledger Explanation When user selects Artificial juridical Person. User can easily see that which option user’s select. And now user has to press “Save” button for saving all details or user can use “ALT+S” for saving all details. FAMS (Foison Accounting Management System) Page 103 .

And if user want user can enter Opening Balance and Multi Curre ncy for Ledger. User has to select Unsecured Loans ledger from them. FAMS (Foison Accounting Management System) Page 104 . After that when user presses enter then some new options come on the screen.Ledger Explanation 29. If user need than user can use these option. Unsecured Loans After enter the name of the Ledger (Raj & Sons) user has to press Enter than a list of ledger is open in front of user.

e.Ledger Explanation If user selects “Is TDS Applicable”. FAMS (Foison Accounting Management System) Page 105 . Treat as TDS Expenses and Deductee Type. User can see that when user chooses Is TDS Applicable then some new option comes on the screen i. If user select Treat as TDS Expenses than a new grid or list comes on the screen and user has to select one option from the list.

Now user has to press “Save” button for saving all details or user can use “ALT+S” for saving all details. When user selects Any Other Income option. FAMS (Foison Accounting Management System) Page 106 . then it shows that option with check box.Ledger Explanation When user selects on Treat as TDS Expenses than a new grid is open in the screen and let’s says that user selects Any Other Income option.