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TallyPrime 5.0 automates TDS calculation under Section 194Q, ensuring compliance with Finance Bill 2021. Easily calculate TDS on transactions, manage threshold limit and exemptions, and file returns seamlessly.
https://help.tallysolutions.com/docs/te9rel66/Maintaining_Company_Data/Intro_Company_Data.htm

Company in Tally.ERP 9

Tally.ERP 9 provides you with capabilities that will simplify the way you manage all aspects of your business, such as accounting, sales and purchase, inventory, manufacturing, taxation, payroll, MIS reporting, and much more. To get started, you will first need to create a company in Tally.ERP 9 and then record your day-to-day business transactions. To create the company, fill in the company name, contact details, financial year - and you are all set!

Maintain day-to-day transactions: Once you create your company in Tally.ERP 9, you can enable the required options that suit your business preferences and start recording your transactions. As and when you save your transactions, the corresponding business reports are generated and updated in real time. As your business grows, you can enable other options, as per your needs. All the company information and business transactions that you maintain in Tally.ERP 9 remain safe. If you want to allow only a few individuals to access your company information, you can set up additional security to access records of your business transactions.

Stay connected from anywhere: When you are travelling or meeting your clients at a location away from your office, access your business transactions through the company in Tally.ERP 9. That means, you can connect to your company and access the data without being physically present in your office. You can view existing transactions, pass new transactions, and view all your reports by using the Remote Access feature in Tally.ERP 9.

Multiple companies and group company: Do you have more than one business? If so, you can create more than one company and manage your transactions as you want. To assess the performance of all your companies, you can also create a group company in Tally.ERP 9 and get a consolidated view of their financial position. Thus, it becomes easy to measure the health of your business across companies. The consolidated data from a group company is useful especially at the end of a financial year, where you can get a summarised view of the total income, profit, and so on.

Company

Set Up Your Company

Group Company

Remote connectivity

Use Tally.ERP 9 Remotely

F11: Company Features

Set Business Preferences | Company Features

F12: Configuration

Printing

General

Numeric Symbols

Accounts and Inventory Info

Voucher Entry

Invoice or Orders Entry

Banking Configuration

Data Configuration

Advanced Configuration

Product & Features

Licensing