COMPANY INFO (Company Creation, Alteration, Deletion) In Tally Prime and Tally erp9

 COMPANY CREATION

Create company: To create the company, just enter the company name, address and other details, such as financial year, security, and base currency information. Once you have created your company, based on your business preferences, you can use the accounting, inventory, payroll, and taxation features. You can also specify the tax registration details as applicable, such as GST, VAT, Excise, TCS, or TDS, which can be accounted for your transactions.

Security: All the business transactions that you maintain in the company remain safe. You can enable additional security options for your company to prevent unauthorized access to your transaction records.

If you have more than one user accessing your company, you can set up security for each user based on their roles.

You can create an account in Tally Prime for each user. Based on the user’s roles, you can access to the tasks the user can perform.

Multiple companies: Do you have more than one business? If yes, you can create multiple companies in Tally Prime, maintain transactions separately for each business, and also manage the returns for each company accordingly.

Group company: If you are maintaining multiple companies, you can get a consolidated view of such business reports by using the Group Company feature. Viewing the financial reports separately for each business and consolidating the accounts manually can be a tedious task.

Once you have set up your company in Tally Prime based on your business requirements, you can record and manage your day-to-day transactions, and track them – even remotely.