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Friday 8 July 2011

Company Creation

                To create a company select "Create"  "Option From"  "Company info
menu"  that brings company  creation screen or for  creating a company user
can use a short cut method from "Gate way of Tally" hold down the "Alt" button 
and Press "F3" Function key.  A screen will be displayed there we have to select 
"Create Company" option or simply Press "C" button.  A company creation screen
will appear


1 Name:
                
                Enter Name for the company here.  The Name we enter here would 
       appear in the list of companies this is compulsory column to be filled.  

2. Mailing Name:
                
               By default the name entered in the name of  is carried as in most cases 
      the Mailing Name would be the same as company name.

3 Address:
                
                Enter the Address of Company for correspondence.

4 E - Mail Address:

               This is new filed in Tally 6.3, 7.2, 9.0, 10.2 enter.

5 Income Tax No.:
                
                Here This is optional entry for the Company.  It is Compulsory to enter 
      Income Tax No. (Pan)

6 Local Sales Tax No.:

               Enter "APGST" no. of the Company.

7 Enter States Sales Tax No.:
                
              Enter Central Sales Tax No. of the Company.

8 Currency Symbol:

              Enter the Currency Symbol in which  books of accounts for the company 
       is to be maintained in Country.

9 Maintain:

              Tally provides 3 types of accounts to be maintained in 5.4, but 7.2 in Tally
        Maintain 2 only. 

10. Financial Year From:

              Enter beginning date of the financial year our company follows "APril to
        March" as the financial year. 

01 - 04 - 2011
To
31 - 03 - 2012.

 11. Books Begging From:

              Enter the date from which Yours Books actually started generally financial 
          year from and books beginning from would be same.

12. Tally Password:

             This feature  has been added in Tally version 6.3 password is protection to
         the company information.

13. Use Tally Audit Features:

             Select "Yes" in this field to maintain audit reports of other wise select "No".

14. Base Currency Symbol:

             The Currency Symbol entered in the top Section is displayed here for in-
         formation which is tarted has a base currency by Tally.

15. Formal Name:

             Enter the complete name for the Currency Symbol.

Eg:
                                                                    Rs.     Ruppes


16. No. of Decimal Places:
           
             Enter the name of decimal places for the currency.

17. Amounts in Millions:
             To get large amount formatted in millions respond "Yes" respond "No" will
         formal in lakhs.

18. Is Symbol Suffixed to Amounts:

             In many currency's first symbol appears than amount.

19. Put A Space between Amount & Symbol:

            Select "Yes" in this field to give a space between currency symbol and amount.

            Alter completion of entering information Press "Enter" then conformation 
       message box will be displayed i.e.

Yes/No

            Press "Yes" button to save the company information.

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