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https://help.tallysolutions.com/docs/te9rel63/Maintaining_Company_Data/Maintaining_Group_Company/Creating_and_Altering_Group_Company.htm

Maintaining Group Company

The accounts of individual companies that belong to the same management can be consolidated to present a single financial report of the group of companies. You can view the performance of the group as a whole when required.

Creating Group Company

A Group Company can be created only for those companies that have been loaded in Tally.ERP 9.

To create a group company

1. Click F1: Select Cmp to select the required companies to be loaded. Tally.ERP 9 displays the loaded companies in Gateway of Tally screen.

2. Click F3 : Cmp Info to view the Company Info menu, and click Create Group Company . The Group Company Creation screen appears as shown below:

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.

3. Select the member companies from the List of Companies menu to create the group company.

Note:

Entering a transaction is possible only in the member companies, and not group company.

A group company can also be a constituent of another group company.

A group company can also be a constituent of another group company.

Altering Group Company

You can add, remove, or edit details of the member companies by altering the group company.

To alter a group company

1. Go to Gateway of Tally > click F3 : Cmp Info > click Alter .

2. Select the group company in the Group Company Alteration screen as shown below:

Reload the company to see the changes done to the group company.

See also

Creating a Company on Tally.Server 9