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Company Creation in
Tally ERP 9
Dr.C.Saffina
Assistant Professor in Commerce
Bon Secours College for Women
Thanjavur
Tally ERP 9
•It’s the most widely used financial software
•Helps to increase efficiency, reduce cost and organise business operations
•Comprehensive solution for the accounting and inventory need of a business
Gateway of Tally
(It represents the main screen of Tally ERP 9)
Components of Gateway of Tally
•Top horizontal button bar
•Close button
•Right pane
•Vertical button bar
•Menu name
•Information panel
Creation of a Company in Tally ERP 9
•A Company in Tally is a central repository where we can maintain all the
financial records of a business through which we can extract the required
financial reports and statements
•Gateway of tally screen will appear with the company's name displayed on
the left pane
Procedure to Create a Company
Goto Gateway of Tally > Company Info > Create Company
•Directory
•Name
•Primary mailing details
•Contact details
•Books and financial year details
•Financial year from
•Books beginning from
Procedure to create a Company(cont…)
Security Control
•Tally Vault Password
•Repeat Password
•Use security control
Base Currency Information
•Base Currency symbol
•Formal Name
•Is Symbol suffixed to amounts
•Add space between amount and symbols
•Show amounts in millions
•Number of decimal places
•Word use to print decimal portion of amount
•Decimal places for printing amounts in words
How to Select or Shut a Company in Tally ERP 9
Select a company(opening a company)
•Gateway of tally > F3 Company
Info/( Alt +F3 )
•Press ‘S’ in Key board or click
select company
•Tally ERP 9 displays the selected
company screen
Shut a Company(Closing a company)
•Gateway of tally > F3 Company Info/
(Alt +F3 )
•Click Shut company or ‘H’ in Keyboard
•Tally ERP 9 closes the selected
company
Alter Company details
•Gateway of tally > F3 Company Info/( Alt +F3 )
•Click Alter or Press A
•Tally ERP 9 displays the select item screen with a list of companies
that are available in the location specified
•Select the company which we need to alter and press enter to view the
alteration screen
•As to the requirement Alter the company details and accept the screen.
Tally ERP 9 Features & Configurations
Features (F11)
•Accounting features
•Inventory features
•Statutory & Taxation
•Audit features
•TSS (Tally Software
services)features
•Add on features
Configurations (F12)
•General
•Numeric symbols
•Accts/ Inventory info
•Voucher entry
•Invoice /order entry
•Printing
•Connectivity
•Licensing
•Shop
•quit