To create a company in Tally Prime software for accounting, follow these steps:
1. Launch Tally Prime:
Open the Tally Prime software on your computer.
2. Gateway of Tally:
After launching Tally Prime, you will see the "Gateway of Tally" screen.
3. Select "Create Company":
From the Gateway of Tally screen, select "Create Company" by pressing the corresponding key or by clicking on it using the mouse.
4. Company Creation screen:
You will now be taken to the "Company Creation" screen.
5. Fill in Company Details:
- Enter the name of your company in the "Name" field.- Select the appropriate country and specify the address details in the respective fields.
- Choose the appropriate "Financial Year" and "Books Beginning From" dates.
6. Enable Features (Optional):
- If you want to enable any specific features or functionalities, such as inventory management or payroll, you can do so by selecting the Yes/No next to those features.
7. Save the Company:
- Once you have filled in all the necessary details, press Enter or click on "Accept" to save the company.
8. Set Security Controls (Optional):
- If you want to set up security controls, such as a password to restrict access to the company data, you can do so by following the on-screen prompts.
9. Start Using the Company:
- After saving the company, you will be taken back to the Gateway of Tally screen. From there, you can select the newly created company to start using it for your accounting transactions.
10. Follow the give link to watch the practical video on Youtube.com
https://youtu.be/cRB2MX5SU0o
Congratulations! You have successfully created a company in Tally Prime. You can now start entering and managing your accounting data within the software. Remember to explore the various features and functionalities offered by Tally Prime to make the most of the software for your accounting needs.