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    Company&Master

    Uploaded by

    G Subramaniam
    The document provides instructions for creating companies, ledgers, and stock items in Tally. It describes how to: 1. Select an existing company or create a new one when starting Tally. 2. Create ledgers by entering a name, selecting an under group, and specifying options like maintaining balance bill by bill. 3. Create stock item names by first defining units of measure, then creating the stock items under inventory info.

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    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd

    Company&Master

    Uploaded by

    G Subramaniam
    17K views5 pages
    The document provides instructions for creating companies, ledgers, and stock items in Tally. It describes how to: 1. Select an existing company or create a new one when starting Tally. 2. Create ledgers by entering a name, selecting an under group, and specifying options like maintaining balance bill by bill. 3. Create stock item names by first defining units of measure, then creating the stock items under inventory info.

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    The document provides instructions for creating companies, ledgers, and stock items in Tally. It describes how to: 1. Select an existing company or create a new one when starting Tally. 2. Create ledgers by entering a name, selecting an under group, and specifying options like maintaining balance bill by bill. 3. Create stock item names by first defining units of measure, then creating the stock items under inventory info.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    17K views5 pages

    Company&Master

    Uploaded by

    G Subramaniam
    The document provides instructions for creating companies, ledgers, and stock items in Tally. It describes how to: 1. Select an existing company or create a new one when starting Tally. 2. Create ledgers by entering a name, selecting an under group, and specifying options like maintaining balance bill by bill. 3. Create stock item names by first defining units of measure, then creating the stock items under inventory info.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 5

    1.

    Select company : Click here and select the company already exist in tally to enter daily transactions

    2.Create Company : Use this to create new company. This is to use those who are using the first time 3. Backup : You can select this option to take a backup or you can copy the folder 10000 which is lying under tally folder 4. Restore : Its better to leave this option, if you are not familiar in tally . 5. Quit : Exit from tally

    Visit Next page for Master / ledger creation

    Ledger Creation

    Gateway of tally>accounts info>ledger>create (click/enter on accounts info, then click/ enter on ledger, then click/enter on create ) the follow these steps

    1. Name : Here enter the name of ledger .( Ex : Supplier name, Customer Name

    Sales account, purchase account, rent a/c,salary a/c asstes like car a/c,furniture a/c, building a/c freight charges a/c ) You can create all the ledger name here . 2. Under : This field is very important . Here you need to select the group name. Ex : Supplier Name comes under Sundry Creditors Customer name comes under group Sundry Debtor Expense ledger like rent a/c office exp, tea & coffee salary ... etc Will comes under group indirect expense.Sales a/c comes under Group sales and purchase a/c comes under group Purchase a/c 3. Maintain balance bill by bill : select yes for supplier a/c and customers a/c

    4. Inventory values are affected : select Yes for purchase and sales a/c 5. Cost centres are applicable : select this yes for cost accounting. Other wise select No 6. Name : address , You can type the address of the customer or the supplier 7. Set / alter vat details : Just select yes and feed the TIN of your customer / supplier

    Stock item name creation

    To create stock item name click the above inventory info on the main menu called gateway of tally

    After click on the above inventory info click on unit of measure to create Qty units like , kgs, nos, litres etc Ex : the unit Food grains is kgs ; the unit of oil is Litrs. Just create like this

    The next step is create the stock item name by click on stock items

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