Create Company In Tally Prime

Create Company In Tally Prime

Sure, I can guide you through the steps to create a company in Tally Prime:

1. Open Tally Prime software and click on "Create Company" option on the startup screen.
2. Enter the company name and other details like address, email, phone number, currency, financial year, etc.
3. Set the base currency and the country where your company is located.
4. Choose the appropriate option for your company's statutory compliance needs.
5. Set the option for the type of accounts you will maintain - whether you are maintaining accounts on a cash or accrual basis.
6. Set the option for the type of inventory you will maintain - whether you are maintaining inventory or not.
7. Set the option for the type of taxation you will maintain - whether you will be using GST, VAT or any other tax system.
8. Review the information you have entered and click "Create Company" to save the details.

Your new company will be created and you can start using Tally Prime to manage your business accounts.