Exercise to Create another Company For a group of companies, you can maintain the details of each company separately. You can select the company to work with and close the company when it is not required. However, you can also open many companies at the same time and switch between companies without closing the application.
Before looking at how to view and amend company details, let us create another company to experiment with. Name your company as Indus Enterprises, Financial Year as 1 April 2009 & Book beginning from 1 April 2009 and you may enter the company details as you like, To create Indus Enterprises follow this procedure: 1. From the buttons bar select Alt + F3: Create Cmp or simply press Alt + F3 to bring up the Company Info. Menu. 2. Select Create Company from the menu to bring up the Company Creation screen. 3. Enter Indus Enterprises in the Name field and experiment with entering other data of your choice (for example, the address details). 4. When you have finished, Press Y or Enter to accept the screenFundamentals of Tally.ERP 9 26 The Gateway of Tally screen will now appear as shown below: Figure 2.5 Gateway of Tally with the New Company — Indus Enterprises Notice that Indus Enterprises is highlighted. This indicates that it is the currently selected company from the list of open companies. You can now practice selecting, closing and altering company information.
Practice Exercise
1. Select a Company 2. Shut a Company 3. Alter a CompanyWhile working with Tally.ERP 9, you can press Esc to exit from any screen before the changes you have made take effect.Fundamentals of Tally.ERP 9 27 To Select a Company 1. Go to the Gateway of Tally > Alt + F3 > Company Info. > Select Company OR Press F1. Tally.ERP 9 displays the List of Companies screen. All the companies created are displayed in an alphabetical order. Select the company name from the list given. 2. In case two or more companies are loaded (like National Traders and Indus Enterprises), click on the company which you need to work on so that the selected company will be highlighted and will appear on top of the list.