How to Record Vehicle Toll, Insurance & FC Expenses in Tally for Transport Companies?

vehicle-expenses-scaled

Step 1: Create Expense Ledgers

Go to:
Gateway of Tally > Accounts Info > Ledgers > Create

Create these 3 ledgers one by one:

NameUnder Group
Toll ChargesIndirect Expenses
Insurance ChargesIndirect Expenses
FC ChargesIndirect Expenses

Step 2: Enable Vehicle Tracking (Cost Centre)

Press F11 (Features) > Accounting Features
Maintain cost centres: Yes

Step 3: Create Vehicle Names as Cost Centres

Go to:
Gateway of Tally > Accounts Info > Cost Centres > Create

👉 Create all your 20 vehicles like this:

  • TN01AB1234
  • TN01AB5678
  • TN01XY7890
    (…up to 20)

Step 4: Record Toll, Insurance, FC (Monthly)

Use Payment Voucher (F5)
👉 Example:

For Toll:

ParticularsAmountCost Centre (Vehicle)
Toll Charges₹3000TN01AB1234
Cash / Bank₹3000

Step 5: To See Report Vehicle-wise

Go to:
Gateway of Tally > Display > Cost Centre Reports > Cost Centre Breakup

👉 Select any vehicle number.
You will see Toll, Insurance, FC expenses month-wise.


✅ Summary

TaskIn Tally
Create LedgersIndirect Expenses group
Enable Vehicle TrackingF11 > Accounting Features
Create Vehicle ListAs Cost Centres
Record PaymentsUse F5 Voucher & Select Vehicle
View ReportDisplay > Cost Centre Reports

  • by
    BIT
  • August 7, 2025

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