Steps to creating a Company in Tally.

1. GOOD
MORNING

2. POWER OF SIMPLICITY

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5. i. DIRECTORY : Give the data path
were you want the company to get
create.
ii. Name : Give the name of company
whose book are being opened.
iii. Mailing name & Address : ( it’s not
compulsory ) The mailing name
could be different from Company
name. It is use the mailing name
and address is picked up for
inclusion of any report which needs
the Company name and address at
the top Ex : Balance sheet and
Statement of affairs.
iv. State : For the registration number
allotted by state or provincial sales
Tax/vat Authorities.
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6. V. E – MAIL ADDRESS : Give the
e-mail address that will be used
to e-mail documents, reports and
data from tally.
VI. CURRENCY SYMBOL : Give the
symbol of the base currency.
Tally uses this symbol in reports,
Where necessary.
VII. MAINTAIN:
I ACCOUNTS ONLY : Select
this only if you do not have any
inventory transaction.
ii ACCOUNTS WITH
INVENTORY : This obviously
allows you to maintain both
financial accounts and inventory.
VIII. FINANCIAL YEAR : To specify the
financial year for this company.
IX. BOOKS BEGINNING FROM : Tally
presumes that you wish to
maintain books from the
beginning of the financial year.
X. VAULT PASSWORD : Give a
password here if you want the
company data to be maintained
in an encrypted form. This is
known as Tally Vault , it is a
enhanced security feature.
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7. USE vault password

9. “ COMPANY CREATION “