Overview of Group of Accounts feature in Marg Software

Process to enable Group of Accounts feature in Marg Software

Process to implement Group of Accounts in Marg Software

OVERVIEW OF GROUP OF ACCOUNTS FEATURE IN MARG SOFTWARE

• Group of Accounts is the process of Grouping subheads under Head Account. All entries of Sub-Head A/C will be reflect under Head A/C.

• Let's take an example for Sub-Head A/C ( Mr. Shyam Kumar) and for Head A/C (Mr. Ram Kumar).

• They both are Family Members & requiring an option where Mr. Shyam Kumar (Sub-Head) entries will reflect under the Mr. Ram Kumar (Head A/C).

• Therefore, Marg Software is having that feature of Family Group of Accounts. With the help of which it can be easily done.

PROCESS TO ENABLE GROUP OF ACCOUNTS FEATURE IN MARG SOFTWARE

• Firstly, Go to Masters > Marg Setups > Control Room.

• A 'Control Room' window will appear.

• The user will select ‘Search in all’.

• A 'Controls' window will appear in which the user will Search 'Group of Account'.

• Now click on ‘Accept’.

• A 'Group of Account' window will appear.

• In 'Group of Accounts (Inventory voucher automatically save in other voucher)' option, the user will select 'Y'.

• The user will now press 'ESC' key twice.

• Now click on ‘Yes’ to save the changes.

PROCESS TO IMPLEMENT GROUP OF ACCOUNTS IN MARG SOFTWARE

•  Now, Go to Masters > Ledger Masters > Modify Ledger.

• The user will press 'F3' key on the Ledger which will be Sub Head for Group Of Account.

• Suppose select 'Mr. Shyam Kumar'.

• A 'Modify Ledger' Window will appear.

• Click on 'Modify'.

• In the 'Group Of Accounts' option, the user will select 'No'.

• A 'Group Of Account' window will appear.

• The user will press 'Enter' key on the Ledger under which subgroup entries needs to be reflect. 

• Suppose Select 'Mr. Ram Kumar'.

• Press 'Ctrl+W' key to save the changes.

Now, the user needs to create the Sale Bill for Group of Account implementation:

• Go to Transactions > Sale > Bill.

• A 'Sale Entry' window will appear.

• Then select the Sub Head ledger and load the items as per the requirements.

• Suppose select 'Mr. Shyam Kumar'.

• Press 'Ctrl+W' key and select 'Save Bill'.

 After creating the Sale Bill, now the user can view the effect of Group of Account:

• Go to Books > All Ledgers.

• Now, the user can view the Sub Head Ledger (Mr. Shyam Kumar)Transaction is transfer under the Head Account ( Mr. Ram Kumar) as showing in the below Fig.

After Following the above steps the user will be able to implement Group Of Account in Marg Software.