How to Create, Alter, and Shut Down a Company in Tally.ERP 9 - TONTUF Money

Introduction: Tally.ERP 9 is a comprehensive business management software widely used for accounting, inventory management, tax management, payroll, and more. In this guide, we will walk you through the steps to create, alter, and shut down a company in Tally.ERP 9.

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Step 1: Creating a Company

1. Open Tally.ERP 9:

   • Launch the Tally.ERP 9 software on your computer.

2. Go to Company Creation:

   • From the Gateway of Tally, select Create Company by pressing Alt + F3 or navigating to the Create option.

3. Enter Company Details:

   • Company Name: Enter the name of your company.
   • Primary Mailing Details:
     • Address
     • Country
     • State
     • PIN Code
   • Contact Details:
     • Telephone Number
     • Mobile Number
     • E-mail Address
   • Books and Financial Year Details:
     • Financial Year Beginning From
     • Books Beginning From

4. Enable Features:

   • Configure the features you need for your company (e.g., accounts, inventory).

5. Save the Company:

   • After entering all the required details, press Enter to save the company.

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Step 2: Altering a Company

1. Open Tally.ERP 9:

   • Launch Tally.ERP 9 on your computer.

2. Go to Alter Company:

   • From the Gateway of Tally, select Alt + F3 to open the Company Info menu.
   • Select Alter.

3. Select the Company:

   • Choose the company you wish to alter from the list.

4. Make Necessary Changes:

   • Update the required fields such as address, contact details, financial year details, etc.

5. Save the Changes:

   • After making the necessary changes, press Enter to save the alterations.

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Step 3: Shutting Down a Company

1. Open Tally.ERP 9:

   • Launch Tally.ERP 9 on your computer.

2. Go to Shut Company:

   • From the Gateway of Tally, press Alt + F3 to open the Company Info menu.
   • Select Shut Company.

3. Select the Company:

   • Choose the company you wish to shut down from the list.

4. Confirm Shutdown:

   • Confirm the action by selecting Yes.

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Conclusion: Managing a company in Tally.ERP 9 is straightforward with these steps for creating, altering, and shutting down a company. Regularly updating your company details ensures smooth operations and accurate financial reporting.