How to create party name in bulk using transaction screen
If you are working with a new company, there is no need to create Party Names in Tally. You can directly create and manage Party Names from Suvit using the Auto Ledger feature, ensuring accuracy and saving time.
Transaction Screen
Step 1 - Orange Triangle
- Data in orange appears due to mainly three reasons:
A. Name in Excel Sheet is Different from Name in Tally
B. Ledger Sync is Pending
- If names are the same, Ledger Sync might be pending.
[How to Sync Ledger? Click Here]
C. New Party Name List
Step 2 - Plus Icon
- Click on the Plus Icon to create the party names shown in orange.
Always cross-check the spelling in Tally and the Excel sheet.
Step 3 - Create Auto Ledger
You will get the option to create a Party Name:
A. Create Without Review
- This option is not recommended. It will create a Party Name directly.
B. Review Before Creation
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This option allows you to review and modify details such as Under Type, Bill by Bill (On/Off), and other changes.
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If the Excel sheet contains a GST Number that is mapped, you can create a Party Name using the GST Number with the following options:
C. Trade Name
- A trade name may also be called a "Doing Business As" name.
D. Business Name
- This appears on legal documents and government forms.
Then, click on the Create Button.
Step 4 - Ledger Transactions
- 4: Party Names are ready to be created.
- From here, you can change the Under Type of the Party Name.
- 5: If you create a Party Name using a GST Number, it will fall under Regular Registration Type. If it is created without a GST Number, the Registration Type will be empty (you can change it to Regular, Unregistered, etc., as needed).
Step 5 - Save
- 6: Select all your data.
- 7: Click on Save to save it.
Step 6 - Back to Sales
- 8: Click on Back to Sales.
At least one bill/transaction must be sent from the Sales/Purchase module to Tally to create all Party Names in bulk.
