- Ensure that all the unadjusted gains or losses have been fully adjusted by journal entries.
- There should not be any pending Purchase bills or Sales bills. If found any then you may account them to the "Bills Pending" Account or respective party accounts.
- It is not compulsory but it is better to keep a back up of the data which already exists.
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Jun 1, 2010
Activities to be done before Splitting the financial year
The following activities are to be done before splitting the financial year in Tally:
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Split Financial Year
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Basics about Tally
Copying masters from one company to another
Cost Category and Cost Centre
Download ODBC software
Download PayCheck 2.0 software
Download Tally 7.2
Download Tally 7.2 to Tally 9 Migration Utility
Download Tally 9
Excise Duty
Export and import data from one company to another
Exporting of Data from Tally
Fringe Benefit Tax(FBT)
Group Company
Importing Data to Tally
Interest Calculation
Multi Columnar Reports
Multiple comapny activation
Scenario
Security Levels
Security of data
Service Tax
Split Financial Year
Tax Collected at Source(TCS)
Tax Deducted at Source(TDS)
Value Added Tax(VAT)
Voucher Entries
Web enabled features of Tally
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