Select Company And Company Information

Select Company Using The Select Company Option: 

In order to load a company using the select company option, disable the default loading of a company in Tally.ini File. Set Default Companies to No OR Place a semi-colon before Load = 0001 ( company number - placing a semicolon means that the words following it in that line would not be executed. Each line is a separate command).

On double - clicking the Tally icon, the screen appears as:

You can use the Select Company options is two ways, from the company info. Menu OR by using the button F1: Select Cmp ( available on the Gateway of Tally screen).

Press Enter on Select Company or use the button F1: Select Cmp. Tally displays this screen

Tally Displays:

1. Company Name: All the companies created are displayed)

2. System-Generated Code for each company displayed.

3. The Financial Year Information relating to the number of years data present in the company.

Select the required company to go to the Gateway of Tally for that company. Gateway of Tally of an Accounts only Company.

The Gateway of Tally screen is separated into four sections:

A) Title Area

B) Main Area (Ctrl+M)

C) Calculator Area (Ctrl+N) 

D) Button Bar

A) Main Area:

The left side of the Main Area gives information on: 

1. Current Period - Which is the currently loaded company's accounting period.

2. Current Date - This is the date of last Voucher Entry for the selected company.

3. List of Selected Companies - This displays the name of the loaded company.

The right side of the Main Area gives information on:

1. Creating of accounts masters and importintg Master information.

2. Creating of Accounting Vouchers and Importing transaction information.

3. Viewing and financial reports using the information given in Masters and Transactions.

B) Button Bar:

The Button Bar displays the following buttons (keys):

1. Help (Alt+H) - To access Tally's online context-sensitive help

2. F1: Select Cmp - To select a company.

3. F1: Shut Cmp - To shut or close the company.

4. F2: Date - To change the current date.

5. F2: Period: To change the period.

6. F3: Company - To select a different company.

7. F3: Cmp Info: To access the company info. Menu.

8. F11: Features - To access the company features for a company.

9. F12: Configure - To access the configuration settings.

You can modify any information at any time that is set while creating a company.

1. Go to Gateway of Tally.

2. Select F3: Cmp Info. (Alt+F3) from the button bar and screen appear as shown.

3. Select Alter and press Enter and the screen appears as show below:

Make the necessary changes in the required fields. To change the password if Use Security Control is set to Yes:

1. Enter the name of Administrator.

2. Enter the new password.

3. Re-enter the password in the Repeat field to confirm.

4. Enter the old Password  and Accept the screen to alter the company.