Vendor ledger

In the ledger module, you can add your Vendor (Sundry creditors) ledger to Munim.
After doing this you are able to manage all transactions regarding this ledger.

Create Customer(Sundry Debtors) Ledger:

  • Go to the Ledger module in the left sidebar.
  • Click on the Create ledger button or press Alt+N key
  • Select Sundry Creditors ledger on Under group ledger drop down list.

Field Information for Vendor(Sundry Creditors) ledger:

FieldDescriptionNote
Under groupHere select the Sundry Creditors ledger. 
GSTIN/UINHere enter the GSTIN / UIN number of your vendor. If you enter a valid GSTIN number, the data from the field of Registration type, Ledger name, Pan / IT number, and Mailing details (Name, Address, Country, Pincode, State, City) will be automated.If the Registration type is Regular & Composition then this field is compulsory.
Registration typeSelect your vendor GST registration type here.If you have entered the GST number then the data will come automatically in this field.
Party typeHere select your vendor party type. 
Default credit period(days)Here write your vendor credit period. 
Ledger nameHere write your vendor ledger name.If you have entered the GST number then the data will come automatically in this field.
Short nameHere write your vendor short name. 
EmailHere write your vendor email address. 
Mobile noHere write your vendor mobile number. 
PAN/IT noHere write your vendor pan number.If you have entered the GST number then the data will come automatically in this field.
Opening BalanceHere write the opening balance for this vendor. 

Statutory information: If you select Yes then you are able to manage TDS and TCS transactions.

FieldDescriptionNote
Is TDS deductible?If you select Yes then you are able to manage TDS transactions for this ledger. 
 If you select No then you are not able to manage TDS transactions for this ledger. 
Deductee typeHere select the Deductee type for this ledger. 
Deduct TDS in same voucher?If you select Yes then the TDS value is paid with the same voucher. 
 If you select No then the TDS value is not paid with the same voucher. 
Is TCS applicable?If you select Yes then you are able to manage TCS transactions for this ledger. 
Buyer/Lessee typeHere select the Buyer/Lessee type for this ledger. 

Mailing details:

FieldDescriptionNote
NameSame as Ledger’s name.If you have entered the GST number then the data will come automatically in this field.
AddressHere write your vendor address.If you have entered the GST number then the data will come automatically in this field.
CountryHere select your vendor country.If you have entered the GST number then the data will come automatically in this field.
PincodeHere write your vendor Pincode.If you have entered the GST number then the data will come automatically in this field.
StateHere select your vendor state.If you have entered the GST number then the data will come automatically in this field.
CityHere select your vendor city.If you have entered the GST number then the data will come automatically in this field.

Provide bank details: If you select Yes then you are able to add your vendor’s bank details.

FieldDescriptionNote
Account holders nameHere write your ledger account holder’s nameMandatory field
A/C no.Here write your vendor Bank A/C no.Mandatory field
IFSC codeHere write your vendor Bank IFSC code.Mandatory field
Bank nameHere select your vendor Bank name.Mandatory field

Set/alter Excise details: If you select Yes then you are able to manage Excise duty for this ledger.

FieldDescriptionNote
Default nature of purchaseSelect the nature of purchase for this ledger. 
ECC numberHere write the ECC number.Mandatory field
Importer ECC no.Here write the Importer ECC no.Mandatory field
IEC numberHere write the IEC number.Mandatory field
RangeHere write Range. 
DivisonHere write Division. 
CommissionerateHere write Commissionerate 

Set/alter VAT details: If you select Yes then you are able to manage VAT duty for this ledger.

FieldDescriptionNote
Type of dealerSelect the type of dealer for this ledger. 
VAT TIN no.Here write the VAT TIN number.Mandatory field
VAT reg. dateHere write the VAT registration date.Mandatory field
CST no.Here write the CST number.Mandatory field
CST reg. dateHere write the CST registration date.Mandatory field

Shortcut:

NameDescription
Alt+SaveThis shortcut is used to save the ledger details.
Alt+CancelThis shortcut is used to cancel the ledger details.
Alt+DiscardThis shortcut is used to discard the ledger details.