Tally ERP 9 Tutorial: Creating a New Company and Managing Default Settings

Welcome to our comprehensive Tally ERP 9 tutorial series! In this lesson, we'll walk you through the essential steps of creating a new company in Tally ERP 9, a widely used accounting application. Additionally, we'll delve into the crucial topic of managing default company settings to streamline your Tally ERP 9 experience.
Highlights
Starting with Tally ERP 9: If you're new to Tally ERP 9, this is a perfect place to begin. We'll guide you through the process of creating a new company, which is the first step to using Tally effectively.
In-Depth Company Creation: Learn about the various pieces of information you need to provide during the company creation process. We'll explain each option in detail, ensuring you have a thorough understanding.
Configuring Default Company: Discover how to configure the Default Company option by adjusting the Tally.INI Configuration Settings file. This setting impacts your Tally ERP 9 startup screen. Failure to configure it results in Tally automatically selecting the first created company, usually labeled with the number 10000. Understand the significance of this company number and learn how to set the Default Company option to "NO" or select your desired default company.
Keyboard Shortcuts: Save time and navigate efficiently by using keyboard shortcuts. We'll show you how to move through menus and select options seamlessly using keyboard commands.
Data Management: Get insights into managing critical company data, including the financial year you intend to begin with. Setting the right financial year is crucial, as it cannot be changed later. Incorrect dates can lead to manual adjustments for every voucher entry.
Customization: Tailor your company's details, including its name, mailing name, address, contact information, and more. Tally ERP 9 allows flexibility in how you present your company's information.
Currency and Decimal Settings: Understand how to configure currency symbols, format, and decimal places based on your country's norms. Tally ERP 9 accommodates various currency formats, so choose what suits your needs.
Data Entry Restrictions: Learn about setting data entry restrictions based on the starting date. This feature ensures data accuracy and compliance with financial regulations.
Password Protection: Discover how to apply password protection to your company data for enhanced security.
Amount Representation: Explore options for displaying amounts in millions or lakhs, with or without space between currency symbols and amounts. Customize how amounts appear in your financial records.
Amount in Words: Decide whether you want amounts to be displayed in words alongside numerical values in your financial documents.
Managing Default Company: Understand how to change your default company in Tally ERP 9. We'll guide you through the process of selecting a different company for your default, making it easier to start where you left off.
Configuring Default Company Settings:
Data Backup:
Keyboard Shortcuts for Efficiency:
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👧 Narrated By: Emma (TTS)
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Introduction to Voucher Entries and Ledger Creation in Tally ERP 9 Tutorial - Lesson 3
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🌻 A Tally ERP 9 Tutorial By The Teacher

[@TheTeacher]

If you find this tutorial useful then don't forget to Like, Share and Comment !!!

[@Sanofthesoil]

Good

[@sidikiekonneh6248]

your explanation was excellent, thanks

[@sheebajohn5701]

Wonderful explanation sir

[@TheTeacher]

Keep watching

[@52aharshal68]

Thxx i am commerce student I want this tally and about there use ...thxxx for this video

[@simrankhanum6101]

Osm teaching

[@harshplays358]

very helpfull bruhhhh

[@yogeshthadavathi6073]

The video was useful...

[@TheTeacher]

Glad you think so!

[@lordenze]

I was stuck with UK error showing...

[@anushkanarvekar508]

Can we use this fir business? Like for accounting records and tally immediately

[@TheTeacher]

Yes for sure. But you need to buy it.

[@gudivadaprabhakar6197]

How to add naration after item PL clarify

[@TheTeacher]

You can Configure Narration for Each Entry in F12 Configure, I think during voucher entry.

[@komalmapara009]

PLS SEND ME THE THE LINK OF TALLY ERP 9...ACTUALLY I WANT IT...I AM NOT ABLE TO FIND LINK..PLS SEND ME THE LINK OF TALLY ERP 9

[@masud.md272]

What reason this tally use for?

[@TheTeacher]

Accounting and Inventory