The path of computer where data of Tally is stored generally is
c:\Tally \Data. However, if you want to change it, you can do so by providing the new path.
Type the name of the company. If you have many companies then each company should be given a unique name.
Company mailing name
Mailing name is generally the same as company name, however this can be changed as per your requirement.
Tally is used outside India as well.
Generally used to generate the appropriate VAT returns.
Provide email address to be used to email reports from Tally.
Symbol to use for monetary values. Automatically for Indian companies, Tally uses Rs.
Please mention whether the company wants to use the inventory functions of Tally or Accounts only function also.
Financial year is the period, which starts from 1st April of every year.
The date whenever company starts its business, it can be any date.
It is an special password in encrypted form known as Tally Vault, it is an enhanced security feature of Tally. This extra security is over and above than a normal user password. Data becomes irrecoverable in case user loses the password.
Tally has many security features, which has been explained in appropriate chapters.