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Note: Use the enter key or Tab key or Arrow key or Mouse to navigation between the fields in Tally. Step 3: On company creation screen, update the following details. Directory: It is a path where the company date will be stored on system.By default, the tally directory will updated as C:\Users\Public\Tally.ERP9\Data and you can change the path as per your requirements.

The statutory & taxation company features consists configuration and functions related to statutory compliance for company in Tally ERP 9. The statutory features are related to country specific and depends upon country during the company creation in Tally.ERP 9.. The following are the features that are available for statutory and taxation

Tally ERP 9 follows the single ledger concept of accounting and this leads to direct contrast to subsidiary ledger accounting. So all financial entries are performed using ledgers or account heads. You can group all ledgers and financial statements can be drawn according to requirements of company.

Complete details of Tally Screen Components. Title Bar: It displays the Tally software that you are using. Horizontal Button Bar: It helps to choose Language, Keyboard settings, Control centre, support centre and Help. Close Button: By click on this button or ctrl+m, tally window closes Task Bar: Displays the task of Tally ERP 9; Gateway of Tally: It displays menu, screen, reports