Tally Software Lessons
How to create groups in payroll in a category other than primary cost category
Narasimha Murthy S | 09/06/2016
we have to enable certain options in payroll before create groups. Then you will able to see extra tabs in Gateway of Tally
The existing company has ledgers with opening balances. Can I make the opening balance of the ledger to Zero ?
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Usharani | 10/06/2016
Closing balance of the previous financial year will be the opening balance of the present year.
Mahesh | 28/09/2016
all expense ledger should be zero and last is closing balance will be carry forward as opening balance. if you donot want carry forward go to each ledger and chang the opening balance as zero
How to Split the Financial Years of a Company Data in Tally.ERP 9 ?
Kannan Rangaswami | 10/06/2016
Pre-split activities Before you split the data ensure that: All the adjustment forex gains/losses have been fully adjusted by Journal entries. Verify the item 'Unadjusted Forex Gains/Loss' does not appear in the balance sheet. There are no purchase bills/sales bills to come. Check the profit and loss account and inventory statements for purchase/sales bills pending. You may either account them to the respective party accounts or to the respective 'bills pending' account. Ensure that a backup of the data exists. Procedure to Split the Financial Years At the Gateway of Tally, press ALT+F3 or click F3:Cmp Info Select the option Split Company Data. Select the option Select Company Select the Company whose data is to be split. Tally recommends the split-off date based on the data existing. It is recommended that the Split Point is set as the beginning of the latest financial year though Tally permits any date as the split point. Splits occur in sets of two periods. Start with the latest. For example assuming that three years data – from 1-1-2005 to 31-12-2008 for a company is required to be split into three separate 'companies' each with a financial year. First, select the beginning of the latest financial year (1-1-2007, that is what Tally would prompt you to do). On confirming the activity, two new companies will be created – one with data from 1-1-2005 to 31-12-2006, i.e., two years, and the other with data from 1-1-2007 to 31-12-2008. Typically, this is all you need to do. Your historical data, whether of one or more financial years, will be preserved as one company, and your current financial year, as another. There is, normally, no reason or benefit to split the prior years again into separate years. However, if you wish to do so, repeat the above steps for the prior period company (1-1-2005 to 31-12-2006). All the companies are full companies in their own right. Data can be entered, displayed and altered. Please display or print the key financial reports (Trial Balance, Balance Sheet, Profit & Loss, Stock Summary etc.) from each of the companies for the relevant periods and compare them for accuracy. Once you are satisfied that you have a successful split, it is advisable to take a backup of the original company onto diskettes and permanently delete its data from your hard-disk. This will ensure that you do not accidentally use it to enter fresh data. To delete a company, press Alt+F3 at the Gateway of Tally, select it to make alterations to modify the Company Information, press Alt+D.
Mahesh | 28/09/2016
press alf+F3 go to spli option select the compamy do you want to split data put the range from to TO enter. the data will split. before doing this take backup of company any think goes wrong you can restore the backup
I have an existing company in Tally.ERP 9 which I would like to carry forward to the forthcoming financial year. Can I change the respective dates in Financial Year From and Books Beginning From fields in the Company Alteration screen ?
Narasimha Murthy S | 29/05/2016
Sure you can change the date and carry forward the entire date for the next year.
Mahesh | 28/09/2016
no you cannot, you have open a co with same name with diff fincial year then export your last years data and import to new co
While splitting the data using Tally.ERP 9, I am getting the error message Incorrect due date for bill No/ledger ?
Subodh Kumar Suman | 28/05/2016
possible reason , you are not using tally.erp 9 license version.
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