How to Create a Company in Tally.ERP9 Tutorial

First Go to Gateway of Tally (GOT) > Company Info. (Alt+F3)  > Create Company

After that the Company Creation Screen appears as shown below:

Company Creation Screen

A Detailed Explanation on Each field is Given Below:

1.Directory: The Data Path Where you Want to Created the Company.

2.Name: Enter the Company Name.

3.Mailing Name and Address:  In this field displays the Company Name by default but you can change it as required, if the Mailing Name is different from the Company Name.

Note: It is very important field in Tally.ERP9 because in all Reports, Tally.ERP9 Print the Mailing Name and Address.

4. Statutory compliance for: Select the Country Name from the List of Countries.

5. State: Select the State Name from the List of States.

6. PIN Code: Enter the PIN Code (Postal Index Number) of the Specified Address.

7. Telephone: Enter the Telephone Number of the Company.

8. Mobile No: Enter the Mobile Number of the Company.

9. E-mail Address: Enter the E-mail address of the Company  that will be used to e-mail Documents, Reports and Data from Tally.ERP9.

10. Enable Auto Backup: If you want to Automatic Backup of  Tally.ERP9 Data of your Company then Set this to “Yes” otherwise Set this to “No”

11. Currency  Symbol: Currency Symbol will Automatically appear with respect to the Country selected.

12. Maintain: In this field Tally.ERP9 Show Type of Company with two options Accounts only and Accounts with Inventory.

Note:

a) If you Select Accounts only then you do not have any Inventory Transactions.

b) If you Select Accounts-with-Inventory, then you maintain both financial accounts and inventory.

13. Financial Year From: Enter the Financial Year of Your Company.

14. Books Beginning From: Enter the  Books Beginning Year of Your Company.