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Create New Company in Tally.ERP9
Creating
a New Company - From The Company Info. Menu
Select the Option Create Company
by Pressing “C” Key or double Clicking at
Create Company Option
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Enter
Create Company Filling the Form Following Step by Step
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Name
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Enter the name of
the company
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Mailing
Name
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It displays the Company Name by default. You may change it as required,
if the mailing name is different from the Company Name.
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Address
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Enter the Company Address
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Statutory
compliance for
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Selecting India from the List of Countries.
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State
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You can select from the list.
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PIN
Code
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Specify the PIN Code (Postal Index Number) of the specified address.
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Telephone
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Enter the Telephone
Number and Mobile No.
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E-mail
Address
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Enter the E-mail address that will be used to e-mail documents, reports
and data from Tally.
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Currency
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Currency symbol is
the symbol of the base currency,
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Maintain
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Tally displays a drop down for the Type of Company with two options
Accounts only and
Accounts with Inventory.
Select Accounts only - if you do
not have any inventory transactions
Accounts-with-Inventory - To maintain both financial accounts and inventory.
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Financial
Year From
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Specify the date of
beginning of financial year for this company. If you specify 01/04/2016 as
the date, your financial year will be April to March
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Books
Beginning From
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Specify here the
date from which you actually want tally to maintain your accounts. By Default
the same date for beginning for
financial year is taken, but you may give any other date which is late to the
date of beginning of financial year.
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Tally
Vault Password
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Tally Vault is an
enhanced security system, which allows for encryption of the company data.
Encryption involves converting normally accessible Tally information into
unrecognisable information, which can only be reconverted by authorised
persons.
Give a password
here and repeat the same in the Repeat field. This basically results in the
creation of an encrypted mpany whose information is not accessible to users
other than the password holder.
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Use
Security Control?
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This to Yes, if you want to initiate a password-protected to Tally
data.
If you have Enter the “Yes” Option
Name of Administrator - “User Name”
Password – “Enter the Regular Password”
Repeat Password
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Use
Tally Audit Features
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Type No
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Base Currency Information
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Base
Currency Symbol
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Press Enter
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Formal
Name
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Press Enter
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Number
of decimal places
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Press Enter
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Is
Symbol SUFFIXED to Amounts
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Press Enter
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Symbol
for Decimal Portion
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Press Enter
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Show
Amount in Millions ?
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Press Enter
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Put
a SPACE Between Amount and Symbol
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Press Enter
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Decimal
Places for Printing Amounts in Words
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Press Enter
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Accepts
Yes Or No.
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Press Enter
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