Creating a company in Tally Prime is a simple process. Here’s how you can do it:
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Open Tally Prime: Start Tally Prime on your computer.
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Go to the Gateway of Tally: When you open Tally Prime, you’ll land on the “Gateway of Tally” screen.
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Select "Create Company":
- In the "Gateway of Tally" screen, press Alt + F3 or click on "Create Company" from the menu.
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Enter Company Details: A new screen will appear where you need to enter the details for the company. Here’s what you need to fill:
- Name of the Company: Enter the company name.
- Address: Enter the address of your company.
- Country: Choose the country where the company is located.
- State: Select the state.
- PIN Code: Enter the postal code of your company.
- Financial Year: Set the financial year for your company. Tally will assume this year for the company’s financials.
- Books Beginning From: Set the start date for your books of accounts.
- Currency Symbol: Select the currency used by your company.
- Nature of Business: Choose the type of business (you can leave it as "Not Applicable" if unsure).
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Set Tally Features: Tally will ask you to enable features like:
- Inventory Features (if you deal with inventory management)
- Voucher Types (if required)
- Taxation Features (GST, VAT, etc.)
Enable the features you need and press Enter.
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Create the Company: After entering the details, press Ctrl + A to save and create the company.
Once the company is created, you can start recording your financial transactions and use various features of Tally Prime.
Let me know if you need further help!
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