A Group Company can be created only for those companies that have been loaded in Tally.ERP 9.
Click F1: Select Cmp to select the required companies to be loaded
Tally.ERP 9 displays the loaded companies in Gateway of Tally screen
Click F3: Cmp Info to view the Company Info. menu, and click Create Group Company
Note:
• Create Group Company option is available only when two or more companies are loaded
• A constituent company can be a member of more than one group
• A group company can also be a constituent of another group company
The Group Company Creation screen is displayed as shown below:
Select the member companies from the List of Companies menu to create the Group Company
Note: If Tally.Server 9 is used to maintain data, follow the steps given for Creating a Company on Tally.Server 9.
To close a member company click F1: Shut Cmp
Note:
1. Entering a transaction is possible only in the member companies, and not group company
2. The group company will give the summary level (report) consolidation and not transaction level (voucher) consolidation
3. The member companies of a group company should have the same Base Currency Symbol and Formal Name.
You can add, remove, or edit details of the member companies by altering the group company.
To alter a group company,
Go to Gateway of Tally > Click F3: Cmp Info > Click Alter
Select the Group Company, the Group Company Alteration screen is displayed as shown below:
Any modifications done to the group company will be reflected on reloading the company.
'Maintaining Group Company' has been shared with
