TutorialKart.comCompany Features in TallyPrime and Tally.ERP 9
F11 Company Features control the accounting, inventory, taxation, payroll, online access, and related capabilities available to the currently selected company. In Tally ERP 9, these settings are divided across feature categories. TallyPrime presents the commonly used company-level settings on a consolidated F11 screen.
Changes made through F11 apply only to the active company. If more than one company is loaded, confirm the selected company before enabling or disabling a feature.
How to Open F11 Company Features
- Open TallyPrime or Tally.ERP 9 and load the company whose settings must be changed.
- Press F11 to open Company Features.
- In TallyPrime, set Show more features or Show all features to Yes if the required option is not visible.
- Set the required company feature to Yes or No and enter any additional details that appear.
- Press Ctrl+A to accept and save the Company Features screen.
The feature screens and labels vary between Tally.ERP 9 and TallyPrime. The screenshots below show the category-based interface used in Tally.ERP 9.
F11 Feature Categories in Tally.ERP 9
The Company Features menu in Tally.ERP 9 is divided into the following categories:
- Accounting Features
- Inventory Features
- Statutory and Taxation Features
- Tally.NET Features
- Add-on Features
TallyPrime reorganises many of these options. Some remain on the F11 screen, some are enabled by default, and others are configured from the relevant master, voucher type, or company menu.
Accounting Features in Tally F11
Accounting Features determine how the company records and analyses financial transactions. Depending on the product version, these settings include bill-wise tracking, cost centres, interest calculation, payroll, invoicing, budgeting, banking, and related accounting controls.
Common Accounting Options in TallyPrime F11
| Accounting option | When to enable it |
|---|---|
| Maintain Accounts | Keep this enabled when the company records ledgers, vouchers, and financial reports. |
| Enable Bill-wise Entry | Use it to track outstanding invoices, receipts, and payments against individual references. |
| Enable Cost Centres | Use it to allocate income or expenses to departments, branches, projects, employees, or other reporting units. |
| Enable Interest Calculation | Use it when interest must be calculated according to rates and conditions defined for applicable ledgers. |
| Maintain Payroll | Use it to maintain employees, pay heads, attendance, salary details, and payroll reports. |
Some options appear only after Show more features is enabled. A feature should be activated because it supports an actual transaction or reporting requirement, not merely because it is available.
Using Cost Centres for Department or Project Tracking
Set Enable Cost Centres to Yes when expenses or income must be analysed separately by department, branch, project, employee, or another responsibility unit. After enabling the feature, create the required cost centres and allocate amounts while recording applicable vouchers. Cost-centre reports can then show how amounts are distributed.
Inventory Features in Tally F11
Inventory features control stock maintenance and inventory-related transaction behaviour. They are relevant when a company creates stock items, records stock quantities, manages batches, uses price levels, or integrates inventory values with its accounts.
Common Inventory Options in TallyPrime F11
| Inventory option | Purpose |
|---|---|
| Maintain Inventory | Enables stock items, stock groups, units, quantities, and inventory reports. |
| Integrate Accounts with Inventory | Includes inventory values in financial statements instead of maintaining accounts and inventory independently. |
| Enable Multiple Price Levels | Supports different price lists for customer types or other pricing arrangements. |
| Enable Batches | Tracks stock by lot or batch during purchases, sales, and stock movements. |
| Maintain Expiry Date for Batches | Adds expiry-date tracking to batch-enabled stock. |
| Enable Job Order Processing | Supports material movement and records associated with job work. |
| Use Discount Column in Invoices | Adds an item-level discount field to applicable invoices. |
| Use Separate Actual and Billed Quantity Columns | Records different physical and invoiced quantities where the business process requires them. |
Enabling inventory integration affects how stock values appear in financial reports. Review the company’s valuation and reporting process before changing this option in an existing data set.
Statutory and Taxation Features in Tally
Statutory and Taxation Features provide company-level settings for applicable taxes such as GST, TDS, TCS, VAT, Excise, and Service Tax. The options shown depend on the company’s country, product version, and enabled feature visibility.
For an Indian business registered under GST, set Enable Goods and Services Tax (GST) to Yes and enter the registration and applicability details requested by Tally. The procedure in how to activate GST in tally explains the basic configuration flow.
Enable only the tax features applicable to the company. Activating a feature exposes related fields and transaction behaviour, but it does not by itself confirm that the entered registration, rate, classification, or return information is correct. Tax configuration should be checked against the company’s current statutory requirements.
Tally.NET and Online Access Features
Tally.ERP 9 provides a separate Tally.NET Features category. In TallyPrime, the equivalent company-level options are reorganised under online access and related settings. Depending on the available licence and services, these can include browser access to supported reports, remote access, and synchronisation.
Remote or browser access should be enabled only for the intended company and authorised users. Review user permissions and company access settings before making business data available through connected services.
Payroll and Other Company Features in TallyPrime
TallyPrime includes payroll and other company-level settings on the F11 screen. Set Maintain Payroll to Yes when the company needs employee, pay-head, attendance, salary, and payroll reporting functions. If payroll-related statutory records are also required, enable the applicable payroll statutory option after payroll is activated.
Other F11 settings can include multiple company addresses and tracking of modified vouchers. Multiple addresses are useful when a company needs different branch or location addresses on invoices and reports. The modified-voucher setting supports review of vouchers changed after their original creation.
Add-on Features in Tally.ERP 9 and TallyPrime
Add-ons extend Tally with capabilities developed for particular business requirements. The Add-on Features screen in Tally.ERP 9 displays the add-ons associated with the environment and company.
The following legacy Tally.ERP 9 screen shows add-ons presented through TallyShop. Current availability, compatibility, licensing, and installation procedures depend on the product release and the add-on provider. Back up company data and confirm compatibility before installing or enabling an add-on.
F11 Features in Tally.ERP 9 Compared with TallyPrime
| Feature area | Tally.ERP 9 | TallyPrime |
|---|---|---|
| Accounting | Opened through the Accounting Features category. | Common company settings remain under F11; some other settings are available in the relevant master or voucher screen. |
| Inventory | Opened through the Inventory Features category. | Major inventory controls remain under F11, while several masters and voucher types are available when first used. |
| Taxation | Opened through Statutory & Taxation Features. | Applicable tax features and their details are available from the consolidated F11 screen. |
| Online services | Presented under Tally.NET Features. | Presented through online access, browser reports, remote access, and synchronisation settings. |
| Feature visibility | Options are arranged on category-specific screens. | Show more features and Show all features reveal additional options. |
| Other capabilities | Many functions must first be enabled in F11. | Some masters, voucher types, and capabilities are available by default or activated from their working screen. |
If an option documented for Tally.ERP 9 is not visible in TallyPrime F11, search for it in the related master, voucher type, or Go To menu. The feature may have been moved or made available by default rather than removed.
Checks Before Changing Tally Company Features
- Confirm that the correct company is selected before pressing F11.
- Take a current backup before changing features in a company that already contains transactions.
- Identify the accounting, stock, payroll, or statutory requirement that the feature must support.
- Use Show more features or Show all features before concluding that a TallyPrime option is unavailable.
- Check whether the setting affects existing masters, voucher entry fields, stock valuation, or financial reports.
- Verify GST, TDS, TCS, payroll statutory, and other compliance details against the company’s applicable requirements.
- Record a test transaction and inspect the relevant report after enabling a major feature.
- Confirm product-release compatibility before enabling an add-on.
Frequently Asked Questions About F11 Company Features
What are F11 Company Features in TallyPrime?
F11 Company Features are settings that control the accounting, inventory, taxation, payroll, online access, and other functions used by the selected company. The available options can change according to the company configuration and feature-visibility settings.
How do I enable Cost Centres in TallyPrime?
Open the required company, press F11, set Show more features to Yes, and set Enable Cost Centres to Yes. Press Ctrl+A to save. You can then create cost centres and allocate amounts in applicable vouchers.
Why is an F11 option from Tally.ERP 9 missing in TallyPrime?
TallyPrime reorganised the Tally.ERP 9 feature screens. First enable Show more features or Show all features. If the option still does not appear, check the related master, voucher type, Company menu, or Go To menu because some capabilities are now configured where they are used or are available by default.
Do F11 changes apply to every company in Tally?
No. Company Features are company-specific. A setting changed in one selected company does not automatically change the corresponding setting in another company.
Can an F11 feature be disabled after transactions are recorded?
The effect depends on the feature and the data already recorded. A feature may be required by existing masters or vouchers, and disabling it can change available entry fields or reporting behaviour. Back up the company, review dependent data, and test the effect before changing an established configuration.