All we know very well that Tally ERP is very popular accounting cum inventory software. Tally has lot of benefits due to which it is used in different countries. Today we have to know how to split active company data in Tally ERP.
Tally provide different accounting, inventory features as well as provide different kind of direct and indirect taxes. Most of the experienced users makes entries in multiple financial year in an active company. Sometime you need to separate the different financial year data or you can also able to split active company data in Tally ERP.
This guide helps you to easily split active company data in Tally ERP. During splitting the company data new company created for the given specific splitting period and original company data remains in another company. During this process you have to take complete backup of your active company.
For e.g. If you have double financial year data and now you want to split active company data in Tally ERP then you just take following given easy steps.
Split active company data in Tally ERP
If you have more than one financial year data and now you want to separate the financial year data as per your requirement then you just take following given easy steps:
Step 1. Open an existing company in which you have lot of records or have more than one financial year data.
Step 2. Press Alt+F3 to open the Company Info window. Now, choose “Split company data” option to start split process of active company data in Tally ERP.
Step 3: Choose “Select company” option in Split company data window. Now fill the data from which you want to split the active company data in Split from box. You have to fill 01-04-2015 in split from box to separate both financial year data.
Step 4: Choose Yes to finish the splitting process. Now, after finishing the splitting process you will get two new companies created and original company remain as it is in the Tally ERP software.
I hope after reading this split active company data guide, you will be able to easily create new financial year in active company of Tally ERP and also able to start working in new financial year. If you have any suggestion regarding this article then write us in the comment box. Thanks to all.