Schedule-VI Group Master

This master adds and maintains Schedule-VI Groups.

It is a standard financial format in which companies that are registered with the Government of India are supposed to present the Balance Sheet in a particular sequence.

A list of already existing Schedule VI Groups will be displayed as follows -

Search:

Enter any text you want to search in the list below. The search is applicable to all columns of the list. Once the text is entered, press <ENTER> key. As a result, the list will be refreshed with all those records that contain the entered text fully or partially. In order to go back to the original list, remove the text from the box and press <ENTER> key again.

Schedule VI Groups can be added, edited, deleted and viewed provided the Role associated with the currently logged-in user through User Management has the respective rights to do so.

To 'Add' a Schedule VI Group, click on the button and to 'Edit', click on the icon on its corresponding record. Click on the icon to 'Delete' a particular Schedule VI Group. To view details of a particular Schedule VI Group, <DoubleClick> on that record. As a result, following screen will be displayed -

Screen Layout of Schedule-VI Group Master

Please note that once a Schedule-VI Group is created, it can not be 'Deleted' if associated with an Account through Accounts Master Entry.

Field Description of Schedule-VI Group Master

Schedule VI Code:

(Type : Alphanumeric, Length : 2)

Specifies the Code of the Schedule-VI Group.

While 'Adding' a new Schedule-VI Group, enter a unique code for the Group. This is the Code by which a particular Schedule-VI Group will be recognized throughout IMMS.

In case of 'Edit', and 'View' , Schedule VI Code will be displayed automatically for the selected record. It can not be changed.

Schedule VI Name:

(Type : Alphanumeric, Length : 50)

Specifies the Name of the Schedule-VI Group.

While 'Adding' a new Schedule-VI Group, enter the name for the Group. This is the name by which a particular Schedule-VI Group will be recognized throughout IMMS.

In case of 'Edit', and 'View', the Schedule VI Name will be displayed automatically as per the selected Group Code. You can change the name in 'Edit' mode.

Schedule VI Type:

Specifies the Type of the Schedule-VI Group.

While 'Adding' a new Schedule-VI Group, select the Main Account Group under which the Schedule-VI Group will be displayed in the Balance Sheet. Choose either 'Expenses', 'Income', 'Liability' or 'Asset' from the given popup.

In case of 'Edit', and 'View', the Type will be displayed automatically as per the Group Code. You can change it in 'Edit' mode.

Printing Sequence Number:

(Type : Numeric, Length : 3)

Specifies the sequence number in which the Schedule-VI Group should be printed in the Balance Sheet.

While 'Adding' a new Schedule-VI Group, enter its sequence number in which it will be printed in the Balance Sheet.

In case of 'Edit' and 'View', the Printing Sequence will be displayed automatically as per the Group Code.

Once you have entered all the information related to the Schedule VI, click on 'Save' button to finally save the Group or 'Cancel' button to discard. The control will go back to the list.