How to Alter a Ledger in TallyPrime: 3 Steps & 2 Simple Methods

1. Access the Ledger Alteration screen:

• Method 1:
  • Go to Gateway of Tally > Chart of Accounts > Ledgers.
  • Select the ledger you want to alter.
  • Press Alt+H (Multi-Masters) > Alter.
• Method 2:
  • Go to Gateway of Tally > Alter > type or select Ledger > Enter.

2. Modify the desired fields:

• Name: Change the name of the ledger if needed.
• Alias: Enter a different alias if you want to access the ledger using a different name.
• Under: Select a different group category if you want to change the classification of the ledger.
• Opening Balance: Adjust the opening balance if necessary. Note: You cannot change the closing balance under the group “stock-in-hand.”
• Other fields: Modify other fields as needed, such as address, credit days, email ID, etc.

3. Save the changes:

• Press Enter to save the changes.

Additional points while altering ledgers:

Deleting a ledger:

• Go to the Ledger Alteration screen.
• Press Alt+D.
• Note: You can only delete a ledger if no vouchers have been created under it.

Altering multiple ledgers:

• Go to Gateway of Tally > Chart of Accounts > Ledgers.
• Press Alt+H (Multi-Masters) > Multi Alter.
• Select the ledgers you want to alter.
• Make the desired changes in the Multi Ledger Alteration screen.
• Press Enter to save the changes.
• Note: Not all fields are available for alteration in the Multi Ledger Alteration screen.

Important reminders while altering a ledger in TallyPrime

• Accuracy: Double-check the information you enter before saving to ensure accuracy in your accounting records.
• Backup: It’s always a good practice to create a backup of your TallyPrime data before making significant changes.
• Documentation: Refer to the official TallyPrime documentation for detailed instructions and troubleshooting if needed.