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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

What is tally accounting?
Tally accounting refers to the use of Tally software for managing financial transactions and records of a business. Tally is an accounting software widely used by businesses to automate and streamline...
Rawinder
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5
I am 28 years old. I have done MBA & wanted to improve my skills in the fields of finance & accounts from basics within a short span. I also wanted to be master in Tally with GST, Busy, taxation, E-filing of TDS. Kindly suggest me some reputed institutes in Delhi NCR with 100% assured Placements.
Hi Nikhil, You already done MBA, but you did'nt metioned in which subject MBA done. If you done in finance & account, not required to again training. Please you take a Tally training at computer centres...
Nikhil
1 0
5
Why does balance sheet always tally?
Coz whatever investment in the form of liability gas to used in any asset or will be there in the form of cash
Muskan
0 0
6
How can I learn Tally online?
Any student who wants to learn tally software online should have a computer or laptop with an internet connection. Nowadays it has become very easy to learn any software or anything from home. There are...
Kishore
0 0
5
How to create a company with password (in tally)?
In company creation form , set the security option to 'yes'.
Eagle Training Academy
0 0
7

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Related Lessons

Tally.ERP9
Hi.....Learn Taxation through Tally is easier way to understand & improve knowledge base.
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Rudra

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Basics of Accounting for Tally ERP 9.0 users
Finance Study of accounts, investments or treasury management. More over finance comes as synonym to Accounts or accounts related field but Finance in itself is a universal terminology that comprises...
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Vaibhav R.

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Error Code 2013
Error Code 2013: Invalid or incorrect Tally.NET ID or password This error occurs when you enter an incorrect or invalid Tally.NET ID, administrator e-mail ID, site administrator e-mail ID, or password. Solution You...

Checklist for Tally.ERP 9 in Educational Mode (Client System)
1. Check the Date and Time of the System. 2. Check the internet connectivity and LAN connectivity. 3. Configure your Tally.ERP 9 client license using the Gateway Server 3.1. Start Tally.ERP 9. 3.2....

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