How to Alter Company Name in Tally Prime
Changing the company name in Tally Prime is a straightforward process that can be done in a few simple steps. Whether you have recently acquired a new company or simply want to update the name for branding purposes, Tally Prime makes it easy to make this change. In this article, we will guide you through the process of altering the company name in Tally Prime, ensuring that your company information is up-to-date and accurate.
Step 1: Open Tally Prime
First, launch Tally Prime on your computer. If you haven’t already installed the software, you can download it from the official Tally website and follow the installation instructions.
Step 2: Access Company Master
Once Tally Prime is open, navigate to the “Gateway of Tally” by clicking on the “F1: Configure” option. From there, select “Company Master” from the list of options displayed.
Step 3: Select the Company to be Altered
In the Company Master list, locate the company whose name you want to change. Click on the company name to select it.
Step 4: Modify the Company Name
After selecting the company, you will see a window with the company’s details. Scroll down to the “Company Name” field and click on it to edit the name. Enter the new company name and press “Enter” to save the change.
Step 5: Update Company Address and Other Details (Optional)
While you are in the company details window, you can also update other information such as the company address, contact details, and other relevant data. Make any necessary changes and save the updated information.
Step 6: Verify the Changes
After saving the changes, it’s essential to verify that the company name has been updated correctly. Return to the Company Master list and search for the company by name to ensure that the new name is displayed.
Step 7: Exit and Restart Tally Prime
Once you have confirmed that the company name has been successfully altered, exit Tally Prime and restart the software. This step ensures that the changes take effect and that all related reports and documents reflect the updated company name.
Conclusion
Altering the company name in Tally Prime is a simple and efficient process that can be completed in just a few steps. By following the guidelines outlined in this article, you can easily update your company’s name and ensure that all your business records are accurate and up-to-date. Remember to save your changes and verify them before exiting the software to ensure a smooth transition.
