R.D.SIVAKUMAR,M.Sc.,M.Phil.,M.Tech.,
Assistant Professor of ComputerScience &
Assistant Professor and Head, Department of M.Com.(CA),
AyyaNadar Janaki Ammal College,
Sivakasi – 626124.
Mobile: 099440-42243
e-mail : sivamsccsit@gmail.com
website: www.rdsivakumar.blogspot.in
CLASSIFICATION OF GROUPS AND LEDGERS

 In accounting parlance, a group is a collection of ledgers of the same nature.
Account Groups provide us the ability to classify the accounts to get all the reports
instantly and properly classified. Accounting heads are classified into four types.
•Income
•Expenditure
•Assets
•Liabilities
 Groups have a hierarchical organization. At the top of the hierarchy are
Primary Groups. These are the main asset, liability, income or expenditure groups of
accounts that determine the entire accounting and their presentation.
GROUPS
SUB-GROUP

Thank You..!!