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Jun 11, 2024

how to create a company in tally?, easy way to create a company?

How To Create a Company?

You can create a Company by using the following procedure :

1. Gateway of Tallyè Company InfoèCreate Company ( Alt+F3èCompany Info)

2. Gateway of TallyèCreate Company (from opening screen)

Creating Company Options

*Field Name*	*Values*
Directory	Specify the path where the Company data will be stored. The Default data directory of Tally9.0 is C:\Tally9.0\Data.
Name	Enter Name of the Company
Mailing Name	Company Name will come automatically.
Address	Address of the Company.
Statutory Compliance for	Select the Country Name
State	Select the State Name from the Pop-Up-List.
Pin Code	Enter your city Pin Code.
Telephone No.	Enter the Mobile No.
E-mail Address	Enter the E-mail Address of the Company.
Currency Symbol	Currency symbol will be displayed in which the account books of the company are to be maintained. By default it shows Rs. As currency symbol.
Maintain	Depending on the activity of the company you can maintain the records in Two ways. 1. Accounts only 2. Accounts with Inventory.
Financial Year From	Enter the Starting date of the Financial Year for which you are maintaining Company Accounts. The Start date should be 01-04-2021.
Books Beginning From	Enter a Date within the Financial Period, on which books have been started.
Tally Vault Password	If you want to secure your company from other users, even from selection, provide a Password here. A copy of the company will generate with encrypted format in name.
Use Security Control	This Option enables you to restrict user-wise data access. Say “Yes” to create “administrator” who has all rights. If you don’t wish to maintain security control select “No”.
Base Currency Symbol	The currency symbol appearing against currency field will be displayed here.
Formal Name	Full name of the currency is displayed here. For example, For currency symbol Rs. The currency name is displayed as “Indian rupees”.
Number of Decimal Places	Decimal place of currency is shown here because it will not allow you to lose part of an amount due to change of currency value.
Show Amount in Million Symbol	This option maintains visual clarity of large amounts. If you want to show the amount in millions, say “Yes”. To show in lakhs, say “No”.
Is Symbol Suffixed to Amount ?	To put currency Symbol before amounts say, “No”. to put after the amount , say “Yes”.

After entering all the options Accept your Company Creation Screen.

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