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






access account accountant Accounting accounting definitions accounting ebook Accounting education accounting procedure accounting process outsourcing Accounting Software advance advertising africa Amalgamation amendments announcements Annuity assets audit auditing Australia B.Com. balance sheet bank Bank reconciliation banking basic accounting BBA benefits best bill black money blog bloggers book keeping bookkeeping Branch Accounting - full tutorial budget Budget variance business businessman CA calculator canada capital capital budgeting career cash cash book cash flow statement Chiense children china class coaching coins college commerce commerce students company computer computer accounting conference Contact vinod kumar Control Your Spending corporate accounting cost cost accounting cost center cost centre CPA credit credit card cs currency data Debit and credit debit cards debt debtor degree depletion depreciation Diwali Messages documents dollar domain Downloads Dubai e-accounting earning education Education Loans email employee EPF ERP euromoney examination excel excise duty expenses facebook factor of loan fans feature fifo FII fiji finacle finance Financial financial accounting fire insurance flickr flow forensic forex formula france fraud free fun function fund GAAP GDP gdr germany gold goodwill goodwill accounting google google apps Google Adsense google apps google base google buzz google calendar Google docs google finance google fusion tables google talk govt. GST guide health Hindi Hindi Language history holding company How to treat FBT in Tally 9 HRA ICAI ICAWI ICICI Bank IFRS income income statement Income Tax India indian railway Indonesia inflation inflation accounting infographics information inspiration insurance insurance accounting Intangible interest international Internet Introduction of Tally 9 inventory investment investment in Shares invoice IT Japan Job costing journal entries Journal Entries eBook Help Kalculate keyboard kindle kuwait laptop law LBT learning lease lecture ledger leducation Leverage Analysis liabilities lifo linkedin loan logical point loss loss of profit M.Com. m.phil malaysia management accounting manual accounting manufacturing account market marketing mastercard material MBA MCA media migration mobile money ms word ms. excel multi currency in tally 9 Multicurrency Accounting mutual fund national security new and sacrifice ratio new york times new zealand news NGO nonprofit-accounting North Georgia Mountains NPV NSE odbc office oman online application online accounting Online Accounting Course otcei pakistan parents Partnership pay pal pdf Personal Finance pie chart pie chart of income pnb podcast ppf presentation price privacy policy prize money prof. vinod kumar profit profit and loss account project management provision purchase puzzles quickbooks Quote quotes quotes of svtuition rating agency ratio analysis RBI readers real estate rectification of errors remote control reports reserves responsibility accounting retirement revenue Revenue reserves review risk rupees salary sale saudi arabia saving sbi scholarship school SEBI security service tax share share trading Shares shri lanka singapore sms social accounting society solution South Africa stock stock exchange structure student students study subsidiary company svtuition swiss bank tally tally 9 Tally 7.2 Tally 9 Tally.ERP 9 tanzania tax Tax Accounting TDS teacher teaching technology test testimonial testimonials thailand tips trading trading on equity transaction trend trial balance truthfulness tuition twitter UAE UGC - NET Commerce UK United Arab Emirates university usa valuation VAT Video Voucher and vouching Wealth wikipedia working capital youtube
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
Not found any lecture VIEW ALL Continue reading Reply Cancel reply Delete By Home PAGES Lectures View All RECOMMENDED FOR YOU Category ARCHIVE SEARCH ALL Lectures Not found any lecture match with your request, please help to write it and send it to our email at for making this website free accounting and finance encyclopedia. Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock