Which option is selected from Company Info Menu to divide company data into two financial years

A. Change Tally Vault

B. Alter

C. Split Company Data

D. New Company

Answer: Option C

Solution(By Examveda Team)

At the Gateway of Tally, press ALT+F3 or click F3:Cmp Info > Select the option Split Company Data > Select the option Select Company > Select the Company whose data is to be split.

Tally recommends the split-off date based on the data existing. It is recommended that the Split Point is set as the beginning of the latest financial year though Tally permits any date as the split point.