Facilities with Tally 9.

Creating a New Company in Tally.ERP 9

Company Creation :
You can create a Company profile by using the following procedure : 1. 2. Gateway of Tally Alter ( Alt+F3) Gateway of Tally Create Company (from opening screen)

Lets take an example to understand the process. www.Tally9Book.Com, registered under VAT, is in ORISSA, and provides Accounts Training all over INDIA and also deals in Purchase and Sale of Software and Hardware. The Company wants to maintain the Financial Year Accounts from 01-04-2007 to 31-03-2008. The Company details are given below : Company www.Tally9Book.Com Address Balasore,
State VAT TIN No. PAN ORISSA 12345678900 BLS123456

(Permanent Account No.) Create the Company using any one of the above processes. It Provides the following screen.

Finally, confirm company creation by pressing the ENTER key/ Y key to accept all declaration for the Company. (Now you will be able to work with the Current Company)

To Enter Company Information follow these Steps : Field Name Values Specify the path where the Company data will be stored. The Default data directory of Tally9.0 is C:\Tally9.0\Data. If you want to keep your data in another location you can specify the location, for example: If you want to keep your data in your D drive, specify the path D:\ Enter Name of the Company Address of the Company. Select the State Name from the Pop-Up-List. Enter your city Pin Code. Enter the E-mail Address of the Company. 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. Depending on the activity of the company you can maintain the records in Two ways : 1. Accounts only 2. Accounts with Inventory. Enter the Starting date of the Financial Year for which you are maintaining Company Accounts. However, it will never ask you to enter the Closing date of the Financial period like other software. In Tally, you can maintain multiple Accounting Years in the same company. For example, If you want to set up the Financial Period of a Company fro the Year 2007-2008, the Start date should be 01-042007. Enter a Date within the Financial Period, on which books have been started. For example : In above mentioned period, the actual date of Financial transaction begins at 01-12-2006, so in this field enter the date as 01-12-2006. Remember that this date can be the same as starting date of the financial period or later, only for a new Concern / Company. 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. This Option enables you to restrict user-wise data access. Say Yes to create administrator who has all rights. If you dont wish to maintain security control select No. The currency symbol appearing against currency field will be displayed here. Full name of the currency is displayed here. For example, For currency symbol Rs. The currency name is displayed as Indian rupees.

Directory

Name Mailing Address State Pin Code E-mail Address Currency Symbol

Maintain

Financial Year From

Books Beginning From

Tally Vault Password

Use Security Control

Base Currency Symbol

Formal Name

Number of Decimal Places Show Amount in Million Symbol Is Symbol Suffixed to Amount ?

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. 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. To put currency Symbol before amounts say, No. to put after the amount , say Yes.

Keys Used for Saving Information :

Enter (to save the information) Ctrl + A (save the record information directly from any field position).

Enabling VAT in Tally.ERP 9

Service Tax in Tally 9

Inter-State Sales and Purchase ( CST )

Activating CST in Tally 9.0

Export to Excel in Tally 9.0

Using the Export feature of Tally.ERP 9, you can export Tally.ERP 9 data to Excel. Data exported to Excel can be e-mailed as an attachment, used to generate graphs for better presentation and further analysis. Go to Gateway of Tally > Balance Sheet 1. 2. 3. 4. In the Balance sheet screen press E : Export. Select the required language from the list of Languages. Select a format from the list of Formats available. Press Enter to accept the default Output Filename. In case you want to save the file in another folder then type the desired path. Press Enter to accept the default Output Sheet Name. In case you are generating the same file for a second time, select Yes for the field Update Existing File. In case you want to format the contents of the file, then select Yes for the field Excel (Spreadsheet) formatting. Select Yes for the Field with Colour, if you want the background colour in the exported file.

5. 6. 7.

8.

9. Accept to export the Masters to an excel file. The exported file is saved in the default Tally.ERP 9 folder.

Consolidation of Accounts in Tally 9.0

Password & Security Control in Tally 9.0

Inventory Features in Tally.ERP 9