how to create company in tally

Company Creation Process in Tally 9.0 Program

1.  Select the “Create Company “option from Company info menu or press ‘C ‘key.

2. Now the company creation format display with the following options.(Properly fill up these all options to create a new company)

Directory: C:\Tally9\data

Name : Enter your company Name here. For Example :-  Raj Industries Pvt. Ltd.

Mailing Name : It auto display the same name as entered above. It means the postal name of company which we can use to send officials letters and documents.

Address : Enter the address of the company. For Example : -  Adarshnagar -10, Birgunj (Nepal)

Statutory compliance    :    Select “None” in case of Nepal

Pin Code :  After selecting none option pin code telephone no. etc will inactive

Email Address:   

Use Indian vat :  

Local Sales Tax Number:

Inter-state Sales Tax Number:

Currency Symbol : Country Currency Name Example, Rupees

Maintain : Accounts only (In Case of Service Sector) or Accounts with Inventory (In Case of Manufacturing Sector purchased & Sale is involved it is used Accounts with Inventory other wise vice-verse)

Financial Year From: Like 01/04/2014

Books beginning from: Your Beginning date of entry posting

Tally Vault Password:

(Warning: forgetting your tally vault password will render your data unusable)

Use security control: - yes

Name of the administrator:                Password:                              Repeat:

Use Tally audit features - yes

Base Currency information

Base currency information: RS.

Formal Name: Nepalese Rupees

Number of Decimal Places: 2

Is symbol suffixed to the amounts?  NO                    Show amounts in millions?  No

Symbol for decimal portion: Paisa        Put a SPACE between amounts and symbol? Yes