In this post i will explain you how to create a company in tally prime in a simple way, Please follow below instructions and you will learn how to create a company
Launch Tally Prime Software
Start tally prime software on your computer or laptops
Create Company
Press ALT + K to create a company, this option is available in upper left corner
If you don’t have any company and you are launching your tally software for the first time then you will see create company option directly
Fill Details of Company
Company Name – Enter the full legal name of your company as per GST Certificate, or if you are not a registered company then mention the name you have decided for your trade business or whatever business name you have decided
Mailing Name : Enter mailing name if its applicable
Address : Provide full detailed address of your company here
State : Enter the state name where your company is located or registered
Country : Select India for Example
Pincode : Type your pin code here
Contact Details : Enter your company email id, phone numbers and website address if you have
Specify Financial Year
Select the proper financial year of your company, mostly select the year from which you want to start maintaining your accounts in your tally prime software
Set Base Currency Name
Mention your main currency here, in india we select INR always
Which stands for indian rupees
You can mention your base currency symbol also here
Maintain Accounts and Inventory
F11 is the shortcut key for Features
When your finish creating your company name and contact details
You will see a new screen, where you will see few important options
Like Maintain Accounts, Maintain Inventory and Integrate accounts with inventory
If you want to just maintain accounts only then select yes and if you want to maintain accounts with inventory, then select yes there also
Enable Goods and Services Tax (GST)
If you have a GST certificate and if you are registered, then provide all details here
Also Read : How to Create a Ledger in Tally Prime : 4 Simple Steps
Accept and Save
Press accept to save the company details or Press Ctrl + A to accept
So this way you can create a company very easily