Learn How to Create Account Group Name in SwilERP ERP

Create Account Group

How to Create Account Group Name in SwilERP (RetailGraph)


In accounting, an account group is defined as the supporting report or document which includes detailed information of financial reports. For example, you can create current liabilities for groups of accounts and then include all liabilities data in this group. In SwilERP, you can view the account details group-wise after creating the Group. In this, you have to add the details of the Master group, Group name, Group alias, or Nature of business. These groups help to categorize the details of transactions.

First, login in SwilERP dashboard to initiate the process:

  1. Go to the Master Data> Accounts> Account Group.
  2. After that, a new window Account Group will appear in next slide.
Reference image:
SwilERP Dashboard Window

Process to Create Group Name

A new window for creating a group name will appear in the next slide. Here you'll see all the created groups by system default. To create a new account group name, go to the New tab and follow the steps for further process.
  1. Select the Master Group name from the drop-down list in which master you want to add your group. (For example, you entered current liabilities as master group)
  2. The Group Type column will automatically be filled after selecting the master group name.
  3. Enter Group name which you want to create, suppose you entered "Advance Received from Customer" in column.
  4. Add group Alias name, if required.
  5. Select Nature of Group as Assets, Liabilities, Income, Expenses.
  6. Tick mark on the options:
    1. Show Details in Report
    2. Net Cr/Dr Balance for reports
  1. And, click on the Save button.
Reference image:
create group nameAccount Group Window



      • Related Articles

      • Create Account (Ledger A/c) from Master Data

        How to Create Account (Ledger A/c) in SwilERP In SwilERP Software, the purpose of the creation of accounts (ledger) is to maintain records of any type of transactions concerning sales/ purchase/ debtors/ creditors, etc. Users have to create an ...
      • Create Ledger Account in Master

        Process of Ledger Creation, Modification, and Deletion in SwilERP (RetailGraph) Overview of Ledger Account? A ledger is a book of accounts in which account transactions are recorded. The basic purpose of the creation of Ledgers in SwilERP is to ...
      • Create Credit Card Type

        How to Create Credit Card Type in SwilERP Software Uses of Credit Card in SwilERP A credit card type defines the name of your payment mode. Users can select the credit card method while doing payments and receipt entries via SwilERP software. In ...
      • Create and View Master Group

        How to Create and View Master Group in SwilERP  Definition of Master Group In SwilERP, there is an option of master group in which you can define product's marketing company. A marketing company classify product segment wise. This is a classification ...
      • Create Group Name by Master Data

        How to Create Group Name in SwilERP Meaning of Group Name?  The Group defines the products manufacturing company name. For Example, in the pharmacy sector, "Cipla" is product's group name that we enter while creating the product.       In the Master ...