How to create company in Tally Prime
Create a company in Tally Prime is a
very easy process that enables you to start managing your business finances
efficiently. Tally Prime is a popular accounting software widely used by
businesses for its user-friendly interface and powerful features. This article
will guide you through the steps to create a company in Tally Prime.
Step 1: Launch Tally Prime
Begin by opening the Tally Prime application on your computer. You will be greeted with the home screen, which offers various options.
.png "how-to-create-a-company-in-tally-prime")
Step 2: Select “Create Company”
From the home screen, navigate to the "Gateway of Tally." Here, you will find the option to manage your companies. Click on the "Create Company" option, which allows you to set up a new company in Tally Prime.
.png "how-to-create-a-company-in-tally-prime")
Step 3: Enter Company Details
After clicking “Create Company,” you
will need to fill in essential details about your company. Here are the fields
you need to complete:
- Name: Enter the
name of your company.
- Mailing Name:
Provide the display name (optional).
- Address: Input
your business address.
- Country: Select
your country from the drop-down menu.
- State: Choose
your state, if applicable.
- Pin Code: Enter
your pin code or ZIP code.
- Phone: Add your
contact number.
- Email: Provide an
email address for communications.
- Currency: Choose
your company’s currency, often in INR, USD, or others.
- Financial Year:
Set the starting date of your financial year.
· Books Beginning From: Enter the date from which you want to start your accounting records.
.png "how-to-create-a-company-in-tally-prime")
Once you have filled in all the
necessary details, press the Ctrl + A keys to accept and create the company.
Step 4: Company Configuration
After creating your company, Tally will prompt you to configure some additional settings. You can set up your company logo, specify the number of decimal places (if needed), and set any additional preferences.
.png "how-to-create-a-company-in-tally-prime")
Step 5: Save and Access the Company
Once all configurations are complete,
ensure you save your changes. Your new company will now appear in the list of
companies in the home interface of Tally Prime. Select your company to start
managing your financial data.
Step 6: Begin Using Tally Prime
With your company successfully created, you can now use functions of Tally Prime, such as ledger creation, voucher entry, and reports generation. The intuitive interface of Tally Prime allows you to navigate easily through these features.
.png&description=How to create a company in Tally Prime){kind=link}