What is the Use of Tally Software in Accounting?

To delete a company in TallyPrime, you're supposed to follow the simple steps mentioned below:

• Choose the company that you want to delete
• Click on Gateway of Tally> F3: Company Information
• Select Alter
• Click on Enter
• Now click on the company that you want to remove permanently
• Press Alt+Delete 

To change the current period in TallyPrime, click on Gateway of Tally> Click F2, add the period, and enter the desired dates. In this way, vouchers can be easily recorded in similar company data. This, in turn, will help you maintain zero downtime.

To cancel an e-invoice in the TallyPrime accounting solution, follow 3 simple steps mentioned below:

• Go to E-Invoice Reports
• Select the invoice and choose to cancel
• Provide a valid cancellation reason

Once all 3 steps are properly followed, yo,u can cancel ablenvoice in TallyPrime.

To activate the Audit Trail feature in Tally Prime, you need to follow these steps:

• Open Tally Prime and load the company you want to activate the Audit Trail.
• Navigate to the Gateway of Tally.
• Press F11.
• Select Enable Product & Features.
• Scroll to the Enable Security Control option and set it to Yes.
• If prompted, enter the administrator's username and password.
• Enable the Use TallyVault Password option.
• Set the Use Security Control option to Yes.
• For the Administrator, you can set the permissions accordingly.

To split TallyPrime data, open the split data company screen and select gateway of Tally> Alt+Y>Split>Split Data.