Process to Create Ledger in Pharma Distribution

• Go to Dashboard > Master > Accounts Master > Ledger.

• Click "Create" or Press "F2" to create a new ledger.

• The 'Ledger Creation' window will open. Enter the 'Party Name' and press 'Enter'.

Note : Fields Marked with (*) are mandatory fields, and the User must fill in these fields to proceed further

• In the Account Group field, press the 'Spacebar' to select the required account group. 

• Select the appropriate group such as Debtor, Creditor, Direct Expenses/Income, Indirect Expenses/Income, Bank/Cash Account, etc.
• Here we Select 'Sundry Debtor'.

• Enter the required details such as Country, State, Pincode, and other applicable information. Press "Enter" to move through the fields.

• In the Balancing Method field, press the "Spacebar" key to select the required balancing method. 
• Bill by Bill :- Select Bill by Bill to maintain individual bill-wise records, making it easier to track outstanding invoices and payments separately.
• On Account :- Select On Account to record payments without linking them to specific bills. This option is suitable when bill-wise tracking is not required.
• For e.g Select 'Bill by Bill' here.

• In the 'Opening Balance' field, enter any previous outstanding balance with the party, if applicable.

• Opening Balance Window will open, mention additional details such as Date, Bill No., Days, Bill Value, Balance Amount and Remarks, If Required.

• Enter the party's Mobile Number and other contact details.

• Under GST/Tax Details, select the applicable registration type such as Registered, Unregistered, Composition, or SEZ.

• Undr the License Info Tab enter the party's Drug Licence Number and Expiry Date, if applicable.

• Under Bank Details, enter the party's bank information.

• In the 'Others' tab, maintain additional details such as Special Rates, Discounts, Billing Rate, Credit Limit, Copy Dealings, Birthday & Anniversary, Other Details, Geolocation, Bill Export, and TCS Applicability as per business requirements.

• After entering all the required details, click "Save" or Press "F10".

• A "Record Saved Successfully" message will appear. 

• The User can view the created ledger in the "Ledger List".

After Following the above mentioned steps, the user can create and view a ledger in the Pharma Distribution setup in Margbooks.