About ledger
Hi Lokesh
Account name is called ledger
Example
Suppose we have to pass the entry
Telephone Expense Dr 2000
To Airtel 2000
In this case,we have to create 2 ledgers
1.Telphone Expense
2, Airtel
Learn more
http://www.teachoo.com/724/228/How-to-Create-Ledgers/category/Ledger-Creation-and-Alteration/