by In this post I will share you some method to Creating a new company in Tally Prime, I’m going to explain you the process simple step-by-step instructions and examples how you can create company.
Method 1
Step 1: Launch TallyPrime
First things, make sure you’ve installed TallyPrime on your computer. Once it’s setup, then open it, and you’ll be greeted by the Gateway of Tally. If you’re new to Tally Prime, this is where your journey begins.
Step 2: Click on ‘Create’
On the “Gateway of Tally” screen, you’ll see an option that says ‘Create Company.’ Go ahead and click on it. You’re on your way to creating your own digital financial fortress!
Gateway of Tally > Create
Step 3 Click on Change Company
Gateway of Tally > Create > Change Company
Step 4 Click on Create Company
Gateway of Tally > Create > Change Company
Step 5 Fill Company Details
You’ll need to fill in some basic information about your company. Tally Prime will prompt you with fields like Company Name, Address, Statutory Compliance, and more.
Company Successfully Created
Step 6. Here you can setup features of tally prime according your company business and maintain their record in tally prime.
- Maintain Accounts : Yes
- Enable Bill Wise Entry : Yes
- Maintain Inventory : Yes
- Integrate Accounts With Inventory : yes
After it, you can press CTRL + A for quick creation or press enter-enter, now your company will be create successfully in tally prime.
Step 7: Congratulations, You’re Done!
Now you can start entering your financial data, managing your accounts, and keeping track of your coffee bean expenses and latte income.
Remember, Tally Prime is a powerful software, You can add more details about your business, set up ledgers, create vouchers, and much more to keep your finances in top shape.
Step 8: Choose Financial Year and Date
Now, it’s time to select your financial year and entry date.
Assignment No 1
Create an company using following details
- Company Name: Bean Bliss Coffee
- Mailing Name: Bean Bliss (if it’s the same as your company name)
- Address: 123 Caffeine Street, Java Town
- State: California
- Pincode: 12345
- Country: United States
- Email: info@beanblisscoffee.com
- Mobile: +1 123-456-7890
- Currency Symbol: $
- Financial Year: From 1st April to 31st March (or choose your fiscal year)
- Books Beginning From: You can specify the start date of your financial books here.
