Tally Accounting Software Group List 2025 - Summary
Knowing the Tally accounting software group list is really important if you use this popular accounting software in India. This list keeps your accounts organised by grouping transactions correctly. Whether it’s money coming in, going out, things you own, or money you owe, the Tally groups help you sort everything easily. This guide explains the different groups and how they work in Tally.
Understanding the Tally Accounting Software Group List in 2025
TallyPrime, the latest version of Tally ERP 9, is used by many small and medium businesses across India. It’s like an all-in-one business assistant that handles accounting, keeps track of your inventory, manages salaries, deals with warehouses, and tracks costs. It also helps with GST and can be customised to fit your needs.
Detailed Tally Accounting Software Group List 2025 Reference
Here’s a useful list of common accounts and the groups they belong to in Tally, part of your Tally accounting software group list:
Accounts Name | Groups |
---|---|
Accrued Income | Current Assets |
Accrued Rent/ Accrued Income | Current Assets |
Advertisement Expenses | Indirect Expenses |
Advertisement Payable | Current Liabilities |
Air Conditioner | Fixed Assets |
Apprentice Premium | Direct Incomes |
Audit Fees | Indirect Expenses |
Bad Debts | Indirect Expenses |
Bad Debts Received | Indirect Incomes |
Bad Debts Reserve (last year balance) | Indirect Incomes |
Bank | Bank Account |
Bank Balance | Bank Account |
Bank Charges | Indirect Expenses |
Bank Commission | Indirect Expenses |
Bank Loan | Loans & Liabilities |
Bank Overdraft | Bank OD |
Bills Payable | Current Liabilities |
Bills Receivable | Current Assets |
Bombay Branch | Branch & Division |
Bonds | Current Assets |
Building | Fixed Assets |
Capital | Capital Account |
Car | Fixed Assets |
Car Expenses | Indirect Expenses |
Car Repair | Indirect Expenses |
Carriage | Direct Expenses |
Carriage on Sales | Indirect Expenses |
Cash | Cash in Hand |
Cash at Bank | Bank Account |
Closing Stock | Stock in Hand |
Coal & Fuel | Direct Expenses |
Coal, Gas & Water of Factory | Direct Expenses |
Coffee Expenses | Indirect Expenses |
Coke Expenses | Indirect Expenses |
Commission (Cr.) / Commission Received | Indirect Incomes |
Commission (Dr.) | Indirect Expenses |
Computer | Fixed Assets |
Consignment Stock | Current Assets |
Consumed Material | Direct Expenses |
Coolage | Direct Expenses |
Creditors | Sundry Creditors |
Debtors | Sundry Debtors |
Deferred Expenses | Current Assets |
Deferred Income | Current Liabilities |
Delhi Branch | Branch & Division |
Depreciation | Indirect Expenses |
Depreciation Reserve | Current Liabilities |
Difference in Trial Balance (Dr or Cr) | Suspense Account |
Discount (Cr.) / Discount Received | Indirect Incomes |
Discount (Dr) / Discount Allowed | Indirect Expenses |
Donation | Indirect Expenses |
Drawing | Capital Account |
Electricity Expenses | Indirect Expenses |
Expenses on Purchases | Direct Expenses |
Expenses on Sales | Indirect Expenses |
Export Duty | Indirect Expenses |
Factory | Fixed Assets |
Factory Expenses (Lighting, Power etc.) | Direct Expenses |
Factory Incomes | Direct Incomes |
Farm House | Fixed Assets |
FDR | Current Assets |
Fire Insurance | Indirect Expenses |
Fitting Charges Received | Indirect Income |
Forex Gain Loss | Indirect Expenses |
Freight | Direct Expenses |
Freight Inward | Direct Expenses |
Freight on Purchase (Freight Inward) | Direct Expenses |
Freight on Sale (Freight Outward) | Indirect Expenses |
Freight Outward | Indirect Expenses |
Fuel & Power of Factory | Direct Expenses |
Furniture & Fitting | Fixed Assets |
Furniture & Fixture | Fixed Assets |
Gas and Water | Direct Expenses |
General Expenses | Indirect Expenses |
General Reserve | Current Liabilities |
Godown Rent | Indirect Expenses |
Goods Sent on Consignment | Sales Account |
Goodwill | Fixed Assets |
Horse & Carts | Fixed Assets |
House Rent | Capital Account |
Hundi (Assets) | Current Assets |
Hundi (Liability) | Current Liabilities |
Import Duty | Direct Expenses |
Income From Repair | Indirect Incomes |
Income on Assets | Indirect Incomes |
Income on Investments | Indirect Incomes |
Income Tax | Capital Account |
IGST | Duties & Taxes |
Insurance | Indirect Expenses |
Insurance Claim | Indirect Incomes |
Insurance Company | Sundry Debtors |
Interest (Dr.) | Indirect Expenses |
Interest on Capital | Indirect Expenses |
Interest on Drawing | Indirect Incomes |
Interest on Loan | Indirect Expenses |
Interest Received (Cr.) | Indirect Incomes |
Invest in Govt. Bond | Investment |
Investment | Investment |
Labour Charges | Indirect Expenses |
Land & Building | Fixed Assets |
Lease Hold Building | Fixed Assets |
Legal Expenses | Indirect Expenses |
LIC Premium (Dr) | Capital Account |
LIC Refund (Cr) | Capital Account |
Life Insurance | Capital Account |
Loan on Mortgage, Loans | Loans & Liabilities |
Loose Tools | Fixed Assets |
Loss By Damage | Indirect Expenses |
Loss by Fire | Indirect Expenses |
Loss in Transit | Indirect Expenses |
Loss on Assets | Indirect Expenses |
Loss on Joint Venture | Indirect Expenses |
Machine & Tools | Fixed Assets |
Machine Repair | Indirect Expenses |
Manager27s Commission | Indirect Expenses |
Manufacturing Expenses | Direct Expenses |
Master Plus | Investment |
Miscellaneous Expenses | Indirect Expenses |
Miscellaneous Income | Indirect Incomes |
Motor Cycle | Fixed Assets |
Motor Cycle Repair | Indirect Expenses |
Mutual Fund | Investment |
Octroi | Direct Expenses |
Office Expenses | Indirect Expenses |
Oil | Direct Expenses |
Opening Stock | Stock in Hand |
CGST | Duties & Taxes |
Outstanding Expenses | Current Liabilities |
Packing Exp. | Indirect Expenses |
Pan and Tea Expenses | Indirect Expenses |
Personal Expenses | Capital Account |
Petrol Expenses | Indirect Expenses |
Plant & Machine | Fixed Assets |
Postage & Telegram | Indirect Expenses |
Power & Fuel | Direct Expenses |
Prepaid Expenses | Current Assets |
Printing & Advertisement | Indirect Expenses |
Printing & Stationery | Indirect Expenses |
Printing, Papers & Advertisement | Indirect Expenses |
Production Wages | Direct Expenses |
Profit on Consignment | Indirect Incomes |
Profit on Jointventure | Indirect Incomes |
Provision for Bad Debts | Indirect Expenses |
Provision for Discount on Creditors | Indirect Incomes |
Provision for Discount on Debtors | Indirect Expenses |
Provision for Office Expenses | Current Liabilities |
Purchase | Purchase Account |
Purchase of New Land | Fixed Assets |
Purchase of Raw Material | Purchase Account |
Purchase Return | Purchase Account |
Purchase UP/ Ex-UP | Purchase Account |
Railway Authority | Sundry Debtors |
Rates & Taxes | Indirect Expenses |
Refreshment Expenses | Indirect Expenses |
Refrigerator | Fixed Assets |
Rent | Indirect Expenses |
Rent & Tax | Indirect Expenses |
Rent on Purchase | Direct Expenses |
Rent Payable | Current Liabilities |
Rent Received | Indirect Incomes |
Repair & Renovation | Indirect Expenses |
Repairing Charges Received | Indirect Incomes |
Return Inward | Sales Account |
Return Outward | Purchase Account |
Salary | Indirect Expenses |
Salary & Wages | Indirect Expenses |
Salary Payable | Current Liabilities |
Sales | Sales Account |
Sales Return | Sales Account |
Sales UP/ Sales Ex-UP | Sales Account |
Scooter | Fixed Assets |
Shares / Bonds | Investments |
Shop | Fixed Assets |
Shop Expenses | Indirect Expenses |
Shop Rent | Indirect Expenses |
Showroom / Shop | Fixed Assets |
Showroom Repair | Indirect Expenses |
Stable Expenses | Indirect Expenses |
Stamp & Postage | Indirect Expenses |
Stationery | Indirect Expenses |
Stock (1st April and 31st March) | Stock in Hand |
Stock of Material | Current Assets |
Sundry Creditors | Sundry Creditors |
Sundry Debtors | Sundry Debtors |
Tea Exp. Payable | Current Liabilities |
Tea or Coffee Expenses | Indirect Expenses |
Telephone Expenses | Indirect Expenses |
Telephone Securities | Indirect Expenses |
Trade Expenses | Indirect Expenses |
Train Freight & Rent | Direct Expenses |
Travelling Expenses | Indirect Expenses |
Typewriter | Fixed Assets |
Unearned Income | Current Liabilities |
UPTT | Duties & Taxes |
VAT Payable | Current Liabilities |
Vehicle Repair | Indirect Expenses |
Wages | Direct Expenses |
Wages on Production | Direct Expenses |
Download the Tally Accounting Software Group List 2025 PDF
To make things easier, you can download the full Tally accounting software group list 2025 PDF. This handy PDF will give you a quick reference for all the account groups and their categories whenever you need it while working with Tally.