How to maintain school account in tally

Page no : 2

NITINBHAI PATEL (B.Com) (192 Points)
Replied 23 June 2018

if larger numbers of student....it's too dificult to maintain student wise ledger....it's become lenthier and confusion work....so don't go with seprate ledger.....

Upgrade to CAclubindia Pro. Subscribe Now!

Siddharth Goel (Chartered Accountant) (3031 Points)
Replied 05 July 2018

Originally posted by : Rinku Padhan
	for an education institude should i create separate ledger accounts for each student if yes how? please inform

There is no point creating thousands of ledgers just in the name of students. The fees collected from studens is identical. So a single ledger can be created to maintain the details.

Maybe, create a ledger class wise, or section wise if you want to make it in a wider manner.

1 Like

Garima Agrawal (2 Points)
Replied 26 July 2020

Sir if Total Tuition fees is divided in multiple sub heads and student is not paying full fees at once and if whatever a student is paying that we are allocating according our convinience then how we will get that for which sub ledger fees is due and how much?