Gateway of Tally → Press Alt+F3 → Alter

How to delete company

Gateway of Tally → Alt+F3 → Alter → Alt+D

How to Shut Company in Tally

In Tally, closing a firm simply indicates that it is no longer active. Choose the "Quit" button to end your time with the company after working with it, or press Alt+F1 if you selected more than one.

What are Groups in Tally ERP 9

The group consists of a collection of like-minded leaders. 28 groups are automatically created by the Tally software and utilized in the account chart. There are 28 specified groups in all, including 15 primary groups and 13 subgroups. Following are the various categories of groups:

Primary Group

Sub Group

Primary Groups

The major group is this one. The hierarchy's top level is made up of primary groups. Six of the 15 groupings are items for the profit and loss account, and nine are items for the balance sheet.

List of Primary Group in Tally

1. Branch/Division	6. Current Assets	11. Indirect Income
2. Capital Accounts	7. Fixed Assets	12. Misc. Expenses
3. Loans	8. Investments	13. Purchase Accounts
4. Suspense Account	9. Sales Accounts	14. Direct Income
5. Current Liabilities	10. Indirect Expenses	15. Direct Expense

Sub Groups

The primary group includes this group. 13 groups may be made from it.

List of Sub Group in Tally

1. Sundry Creditors	6. Secured Loans	11. Bank Accounts
2. Stock in Hand	7. Deposits	12. Cash in Hand
3. Duties & Taxes	8. Banks OD Accounts	13. Loan & Advances (Assets)
4. Unsecured Loans	9. Provisions
5. Reserves & Surplus	10. Sundry Debtors

The single leader accounting method used by Tally stands in stark contrast to subsidiary leader accounting. The ledgers or account heads can be used to perform all financial entries. We can group all ledgers and financial statements based on the needs of the business.