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How to Split one Company's data into two new Companies in tally 9

How to split one company's data into two companies in tally 9 ?

Before understand this procedure you must know following question

Q :- What is split ?

Answer : Split means divide any large data into its sub part .

Q:- What is split of tally data or SPlit of Company data ?

Ans : In tally software , we can keep and maintain many years data . There is no concept of closing of accounts in tally software . But due to every businessmen want some privacy in previous year data . Of course , they are interested , data previous year data should not be showed in current year balance sheet and current year profit and loss account . For this purpose , tally 9 software has very best tool of split tally data . It means now ,you can convert 2 or more years data keep it in your two new companies .

I want to explain it with an example

Suppose A company is created at 1-4-2007 , he continues feeding data of transactions in tally voucher upto 31-3-2009 . So tally show balance sheet and profit and loss account on two year data base but , if you want to divide your company into

A company from 1-4-2007 to 31-3-2008

A company from 1-4-2008 to 31-3-2009

, after this you see your current period data with the help of splitting , your original company also retain in tally 9 . Now you have understood what is split of tally data .

Q:- What are prerequisites before splitting a company:

Ans : There are following prerequisites before splitting a company

  • You must have posted all entries pertaining to last financial year like closing balances, adjustment entries, depreciation entries etc. Else Wait!

  • You must have adjusted all Forex Gaines/Losses. you can verify that no unadjusted forex gain/ loss is shown in balance sheet.

  • There must be no purchase bill or sales bill pending . Go to profit & Loss statement or go to inventory statements to see any purchase bill pending or sales bill pending. The path is :
    Gateway of Tally → Display → StatemEnts of Inventory

Now I start the procedure or step for doing above into action

Ist step

Open tally 9 and click company info. , if you have more than one company , then select that company whose data you want to split .

2nd step

After this again go to company Info. and click split

and after enter the data from when start split and then save .

Supose in above example you have to enter the split date 1-Apr-2008

and accept the form of split and after this you see in selected company there will two new company becomes automatically by tally

Comments

: 4
  1. while splitting the company in above format splitting stop at 15% and i get this error "5c00000 Memory Access Voilation Contact Tally"


    Can some one help me out in solving this issue?

    ReplyDelete
  2. After split company data from one FY to another, is it possible to work with previous year data?

    Please help on this????

    ReplyDelete
  3. while splitting company data error shows "Company currently locked by administrator"
    both company created but there are not any data.
    data size os parent company is 10GB approx..
    Thanks in advance

    ReplyDelete
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Accounting Education: How to Split one Company's data into two new Companies in tally 9
How to Split one Company's data into two new Companies in tally 9
Accounting Education
https://www.svtuition.org/2009/01/how-to-split-one-companys-data-into-two.html
https://www.svtuition.org/
https://www.svtuition.org/
https://www.svtuition.org/2009/01/how-to-split-one-companys-data-into-two.html
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