How to creat company account in tally prime 2026
How to Create Company Account in Tally (Step-by-Step Guide for Beginners – 2026)
How to create company account in Tally Prime is one of the first steps every beginner should learn before starting accounting. In this step by step guide, we will explain the complete company creation process clearly.
If you are starting a business or learning accounting, Tally company account creation is the first and most important step.
In this complete guide, I will show you how to create a company in Tally Prime step-by-step, with easy explanations and image prompts.
Why Creating a Company in Tally is Important?
Before entering sales, purchase, GST, or expenses, you must first create your company profile in Tally.
✔ Store business details
✔ Maintain accounts properly
✔ Enable GST & tax features
✔ Generate reports easily
Step 1: Open Tally Prime Software
After installing Tally Prime:
Double-click on Tally Prime icon
Gateway of Tally screen will open
Press Alt + K (Company)
Step 2: Select “Create Company”
Now:
Click on Create Company
Company Creation screen will appear
Step 3: Enter Company Details
Fill all required details carefully:
Basic Details
Company Name
Mailing Name
Address
State
Country
Pincode
Contact Number
Email ID
Financial Year Details
Financial Year Beginning (Example: 01-04-2025)
Books Beginning From
💡 Tip: In India, Financial Year starts from 1st April.
Step 4: Enable GST (If Applicable)
If your business is registered under GST:
Set “Enable Goods and Services Tax (GST)” → Yes
Enter:
GST Number
State
Registration Type
If not registered → Keep it “No”
Step 5: Set Security & Save
Optional but Recommended:
Enable Security Control → Yes
Create Username
Create Password
Finally:
Press Ctrl + A to Save
Your company is now successfully created!
Company Created Successfully!
Now you can:
✔ Create Ledgers
✔ Enter Sales & Purchase
✔ Manage GST
✔ Generate Profit & Loss Report
✔ View Balance Sheet
⚠️ Common Mistakes to Avoid
❌ Wrong Financial Year
❌ Incorrect GST Number
❌ Not enabling security
❌ Wrong state selection
Always double-check before saving.
FAQs About Tally Company Creation
Can I create multiple companies in Tally?
Yes, Tally allows multiple company accounts.
Can I edit company details later?
Yes, go to:
Alt + K → Alter Company
Is GST mandatory?
No. Only if your business is GST registered.
Conclusion
Share:
You May Also Like
-
Mar 9, 2026
THE COMPLETE STORY: Building Your First Website Welcome, Future Web Developers! Teacher: “Imagine you’re about to build something amazing – your...
-
Mar 6, 2026
🏛️ PART 1: WHY A WEBSITE MATTERS IN 2026 – The “Digital Storefront” Your Shop on Commercial Street “Imagine you...
