How to create Ledger Master in Accounts?

 

Creating a Ledger Master with AntMyERP

AntMyERP makes it easy to organize your financial data with the Ledger Master feature — a crucial part of your accounting structure.

To begin, go to the Finance module from the left-hand side of your dashboard. Once inside, click on Master then select Ledger Master. Here you’ll see a list of all existing ledgers along with key details like their associated group, opening balance, balance type and whether they belong to a creditor or debtor.

To create a new ledger, click the plus icon on the top right. This will open the Ledger Form. Start by selecting the group that this ledger should be connected to for example, ABC Testing. Then, enter the ledger name and add a remark if needed.

If there’s an opening balance, input the amount and specify whether it’s a creditor or debtor balance. You can also attach an invoice by clicking the plus icon and entering the invoice number, date and any other necessary details. Once everything is filled out click on Save and your new ledger master will be successfully created.

After saving, you can view your entry in the index view, which displays the ledger name, connected group, opening balance, and type (creditor or debtor). This organized view helps in easy tracking and management of all financial records.

With AntMyERP, creating and managing ledgers is fast, structured, and error-free — keeping your accounting system clean and transparent.

Start building accurate and efficient financial records today with AntMyERP – your complete business management solution.