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How do I prepare consolidated financial statements using Tally?

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Follow the below steps Create your sub entities as cost center and allocate your incomes expenses assets and liabilities to such cost centers Create separate companies for each sub entity and group them using group company option. Both this options have their own set of positives and negatives, and...
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Follow the below steps Create your sub entities as cost center and allocate your incomes expenses assets and liabilities to such cost centers Create separate companies for each sub entity and group them using group company option. Both this options have their own set of positives and negatives, and to understand which would be most suitable for an organization, we've to do a dipper analysis, and then only a best possible solution can be suggested. Hope this helps. read less
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Related Questions

How can Tally software help in Business?
For Business using Tally owner can cut his cost by employing less or few employess. It helps in recording the Vouchers and extracting any Reports needed by the Organization. I also handles all statutory...
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which will be the next version in Tally ERP?
Next Versions Tally.ERP9 Series B is under development. Please don't confuse with With Version and Release. Version is some thing Big enhancement in Tally where as Release is minor enhancement in the product....
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What is the difference between SAP and Tally Software?
In simple we can say SAP can't afford by Small and Medium Scale Business. So Tally is called power man's SAP
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How to create a company with password (in tally)?
In company creation form , set the security option to 'yes'.
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7
Can you please send me a fees structure for tally courses?
Rs.2000 for Online and Rs.3000 + Petrol Charges for Home tution. Basic Accounts, Accounting, Taxes (TDS, CST, VAT, Service Tax, Excise Duty, Income Tax), Payroll, Inventory, Reports, Annexures & Forms, Online Return Filing.
Sunil

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