So in our previous clip, a box like this was open in front
of you, where I left you and went, I came back to hold your
hand again.
Now in tele, the first thing to do after downloading is to
create a company.
You have to create a company, you have to create a company.
What does create a company mean?
There will be a very long discussion on this, friends.
So listen to me very carefully and go.
And I will write to you and explain on the pad what I want
to say to you in full detail.
Otherwise, this confusion will always remain.
This company word will always bother you.
Come, let me take you on the pad.
Come on, come on, come on, we are here on the writing pad.
Take this, friends, come on.
Look, friends, can any of you tell me?
How many types of businesses are there?
How many types of businesses are there? 1, 2, 3, 4, 5.
How many types of businesses are there?
The answer is coming.
There are three types of businesses.
Are you sure?
Yes, sir.
Computer, lock it.
Yes, sir, lock it.
Computer, lock on three types of businesses.
Your answer is absolutely correct and you win 100,000
rupees.
Come on April 1 to take the cheque.
I will give you the cheque.
Not the first day of the year.
April Fool's Day.
There are three types of businesses.
So tell me quickly, which ones?
The name of those three types of businesses and get started.
Like what does he say in Kapil Sharma?
Spelling.
As soon as he says an English word, he says spelling.
So if you have answered, there are three types of
businesses.
So tell me.
Tell me those three types, which are those three types?
Sir, sir.
Sir, the first type is
Manufacturing.
I said, well done, you got it right.
Sir, the second type is
Trading.
I said, you got it right this time too.
And the third type is
Service Sector Business.
That's a different thing.
I am holding it and answering it.
You are busy in the discussion, what is it and what is not.
Anyway, it works, no problem.
The first classes are going on.
Manufacturing means making something and selling it.
You make your own stuff and then sell it.
You are the manufacturer.
Trading means
Retailing.
Retailing is also called trading.
It means buying from somewhere else.
We didn't make our own stuff.
I bought it from somewhere else for ten rupees.
I added my margin in it and sold it for twelve rupees.
This is called trading.
And service like me.
I am not selling any goods.
I am not selling anything to you.
I am sharing some knowledge.
I am providing you some services.
Is it okay?
Yes, sir, this is very much okay.
Give me an example, sir.
Take the example of manufacturing.
Take Apple.
They manufacture Apple phones.
After that, the agencies
Purchase from Apple and sell it later.
They will come in trading.
And I gave you my example in service.
This is the type of business.
My next question comes to you.
What are the forms of business?
I want the concept in your mind to be so clear that even if
the sun rises in the morning, it should go beyond that
concept in your mind.
It should be clear.
It should shine like a mirror.
That's why we are going so deep.
It is the beginning of the telly.
You need to know everything from zero to the end.
Only then will that thing remain retained for a long time.
Only then will you be able to speak among four people that
you know something.
You can learn to press the button anywhere.
Then what is the use of connecting with us?
Tell me.
Forms of business.
Sir, there are only three forms of business.
I said computer, lock it up too.
The computer is saying that this answer is also absolutely
correct.
You win two lakh rupees.
I will increase the amount in the same cheque.
Don't worry about April 1.
Tell me the forms of business.
What are the three forms of business?
Now tell me this.
What are the three forms of business?
Sir, one is the sole proprietor.
Although the three answers you have given
can be further.
But basically we only know three.
I will tell you now.
One is the sole proprietor.
In which only one person is the shopkeeper.
He runs it.
It is his investment.
He invests the capital.
He keeps the profit in his pocket.
And if there is a loss, then liability falls on the head of
the poor person.
He has to bear everything.
Happiness is also his.
Sorrow is also his.
Sun is also his.
Rain is also his.
Shadow is also his.
Night is also his.
Everything is his.
Shadow means natural shadow.
Not the shadow that used to fall with you in the sixth
class.
There is another form of business which is different from
the sole proprietor.
Its name is partnership form of business.
When two or more than two people do business together.
For example, there are two.
Although it can be three or four.
There are two examples.
Both will invest capital.
Both will do business together.
If there is a profit, they will share it.
If there is a loss, they will bear it.
According to the ratio in which they have agreed.
Okay.
And there is one more form of business which you wanted to
tell.
Tell me.
What will you say?
Company.
I got it right.
I thought it right.
I knew you would say company.
Because maybe you have learned that too.
And maybe you have been taught that the name of the third
form of business is company.
Although friends, to tell the truth, this is not true.
This is not the truth.
The name of the third form of business is corporate.
Corporate.
When you hear about private limited or limited companies,
they are not really called a company.
What is it called?
It is called corporate.
Company is a local word.
Like if you talk about toothpaste, your mouth will never
come out of the toothpaste.
Colgate will come out.
Am I saying it right or wrong?
Yes, sir, you are right.
It is exactly the same thing.
The word company.
Do you know the meaning of the word company?
Today I will teach you the meaning of the word company.
To do a business together and move it forward.
And work together.
Company.
You must have heard it sometime.
Come with me.
I will have a little company.
Have you heard these words?
Oh.
Don't go there.
Come with me.
I will have a little company.
Or do one thing.
Don't go to the room today.
I will have a little company.
Do you understand?
Like you live together in a hostel.
He says I want to go home.
I will be alone.
I will have a little company.
Or you are going to a wedding or a function.
Come with us.
I will have a little company.
I will be alone.
So the meaning of the word company is to work together.
The sole proprietor is an individual and has some employees.
They run the business together.
Partners and their employees come together in a company.
Company means they do business together.
In the same way, some people come together in a corporate
and do business.
So any type of business, any form of business can be called
a company.
Because the meaning of the word company is that some people
are working together.
They are connected.
With anything.
So be it a sole proprietor, be it a partnership, be it a
corporate.
We can call anyone a company.
And what you have been calling a company, stop calling it a
company from today.
Use the right word for it.
Whose name is corporate.
So now what is written there in Telly, create a company.
So you must have had a doubt in your mind.
If it hadn't come, it should have come.
What does this mean?
In Telly, we can only do company accounting.
I mean, if there is a partnership firm, can't you do its
accounting?
Can't you do the accounting of the sole proprietor?
Because Telly is giving only one option.
Create a company.
Write the name and address of your company.
So I will do the accounting of the company.
So here Telly is telling you not only to do the accounting
of the company.
The company word written in Telly means any type of your
business.
Come and start its accounting.
Okay.
Telly uses the company word.
Because Telly knows technically company word can be used
for any form of business.
Now the company you used to call a company, stop saying it.
Start calling it a corporate.
Okay.
And friends, there are other forms of business than these
three.
Like association of person, like body of individual,
Hindu undivided family.
You can do any accounting.
You can do it in Telly.
It doesn't say no.
Okay.
So now the create a company written there means you are a
sole proprietor.
Create a sole proprietor business there.
Create a partnership firm.
And be a corporate.
Create a corporate.
There is no problem with Telly.
Don't worry about the company word.
I told you the type of business because it confuses
students.
What is the type of business?
And what is the form of business?
They make the type a form and form a type.
So this thing should also be crystal clear in your mind.
That type of business is manufacturing, trading, service
and form of business is this.
Now let's go to Telly and see that create a company.
Why does Telly want us to create a company?
What is the meaning of create a company?
I explained the word company.
Any type of business.
Now why is Telly creating it?
I will tell you the reason.
Let's go.
Here we are back.
here on telly see an option is coming up create a company
see here create a company friends have you ever done
accounting on pen and paper have you ever done accounting
on pen and paper yes sir, we have been doing since 11th
class we were taught to do accounting on pen and paper tell
me what is the first thing you do as soon as you start
doing general entry what is the first thing you do tell me
go to questions in 11th class questions used to come
Mohan started business with cash so much money, he used to
say you do general entry as soon as you started doing
general entry your madam used to stop you she used to say
what are you doing, it is wrong first of all above write
your name, in whose books you are going to do general entry
what is the name of the business first of all write above
in the books of Mohan so telly is also saying the same
thing telly is saying name, address, address tell me all
those things after that I will open the
to do general entry and after that I will give you my
features first create company means you will give basic
fundamental information of your business to telly what is
the name, address, country what is the mobile number all
those things you will tell telly press enter after that
this kind of screen will open after pressing enter my dear
friends so telly telly has some questions telly telly tell
me what is your first question telly is saying my first
question tell me the name of your company
the name of the company is corporate or you can write the
name of any partnership or any business our doubt is
cleared now what should we name our business tell me what
will be the right name funsookvangdu three idiots ghost has
not come down yet many years have passed we will not keep
funsookvangdu we will keep a very good name and that name is
ABC traders see ABC
PQR XYZ they are our partners they cross the line of our
accounts we will keep calling them
ABC traders it is an individual business suppose it is an
individual business with the name of ABC traders ok sir, if
it is an individual business it would have been better to
keep the name of the owner is that so so let's do one thing
let's keep the name here what will be the right name, you
tell
Hemant, Deepak what name should we keep
I think Deepak is the right name
I will keep Deepak traders next is mailing name next is
mailing name can you tell the meaning of mailing name the
one who will tell the meaning of mailing name will get a
toffee from me mailing name tell me who wants chintu candy
what will be the meaning of mailing name
sir how did you write Deepak trader in mailing name
I didn't write
I pressed enter and it came automatically mailing name
means letter has come letter has come if your organization
gets a letter by mail from your supplier creator, debtor,
government department then from which name letter will be
sent to your organization letter should come from the name
of the organization even teleco knows this that's why it
took it automatically if someone will mail a letter to
Deepak trader in any regard then he will post it in the
name of Deepak trader yes sir, you are
so Deepak traders will come in mailing name let me give you
my example my firm
CFM many times letter comes from the institute some
membership fees so I have told in the institute my mailing
name is the same as my business name mail me from this name
send letter from this name so mailing name means your
business name will come here and address email address
don't write this 95 this at the rate gmail yahoo outlet.com
don't write all that outlook.com address means address of
your business where letter will be sent to you email
address is different mail address is different
means electronic mail means letter in old days when email
was not working sir, it is used in today's time it is a
minor use that's why teleoption is given it still works a
little ok sir address so we start writing the address of
our business let's start
now see here we can write any address
I will not write any genuine address here so we can write
any address you can see any address of your business you
have to write genuinely if you want to maintain data we are
writing here to teach
next is state state means you are not a science student
state means state in which state is your business so ours
is in ariana so we will take ariana in any other state your
business in country india will come automatically now write
pin code pin code
I wrote sir telephone telephone means landline landline
number is to be written here if there is any landline
connection in your office then that number is to be written
here and if not then you can leave this option and go ahead
if there will be then I will write next is mobile now see
it is said that the business is different and its owner is
different but my dear friends no one can run a mobile its
owner will run the mobile if it is an individual then sole
proprietor will run if it is a
firm then partner will run company director will run if its
an individual then if its a partnership firm then and if
its a company then in case of individual there will be only
one owner there you can put your mobile number
I will put mine facts if there is then you can put it here
otherwise you can leave it empty now the email has come now
the email has come my dear friends put your email id here
whose email id will come sir you have the same confusion in
your mind if its an individual then it can have its own
email it can be made like this deepaktraders.gmail.com put
any partner in the partnership firm if its made in the name
of partnership firm then put that if its made in the name
of company then put corporate
its made in the name of corporate then put corporate if you
put any director then also there is no problem there is no
problem ok sir from here what work will be done on the mail
this is just for general information website put your
business website here www.deepaktraders.com
www.deepaktraders.com if you have any other website then
put its name accordingly and go ok sir next option is base
currency symbol in which automatically rupee is coming as
soon as India came in the country you took
in the state
India came in the country so telly also knows which
currency runs in India so it will automatically take rupee
and formal name is
INR Indian National Rupee
Indian National Rupee ok sir sir if we take something else
here then something else will come if you take US then
dollar and cent will come don't worry about that next is
financial year beginning from next is financial year
beginning from very important point financial year
beginning from telly is saying that your business Deepak
Traders which year they want to follow in the accounts 1st
January to 31st December or 1st April to 31st March friends
listen very carefully listen very carefully
I will tell you very important thing although you must have
read 1st April to 31st March runs in the accounts 1st April
to 31st March runs but there is no such mandation there is
no compulsion there is no problem if you follow 1st January
to 1st December only and only in Bharat Varsha the
corporates for them Indian Companies Act 2013 is written
that 1st April to 31st March following is mandatory if any
partnership firm wants then it can follow 1st January to
31st December to do its accounting
any individual wants then it can follow 1st January to 31st
December there is no compulsion if any client comes to you
and you have habit of doing corporates accounting 1st April
to 31st March then you will advise him to follow 1st April
to 31st March big businesses follow the same 1st April to
31st March so you also follow the same so financial year
starts from 1st April and ends on 31st March by the way can
anyone present here tell me when we have such a beautiful
calendar present 1st January
31st December and 1st April to 31st March
because from UK in UK if we do year end in December
Christmas, Halloween and New Year parties, celebrations and
festivals
That's why closing work is very heavy and festivals should
not get that work that's why we follow it from 1st April to
31st March
So as soon as you close in 3 months in December, you will
close in 3 months in January and the car will reach by 1st
April
Can you tell me how far do they follow in the US
financially?
They are very busy in Europe and America in both the
continents
They are so busy with so many things that one is freight
and the other is carriage
Both mean the same thing
One says Z to Z and one says Z to Z
Have you seen GTV?
It is written Z
When I was a kid, I used to read Z TV
But whenever there was an ad, they used to say GTV, GTV
Just like G-Cinema
It is written Z-Cinema
It is written E
Now it has started coming
Because Z is pronounced as Z
Z is pronounced as Z
Z Yes, Z
Now you tell me
What will you advise your client in the beginning of the
financial year?
We have one more year left
In America
Which year is followed?
Financial year 1st October to 30th September 1st October to
30th September 1st October to 30th September 1st October to
30th September
Remember this
Ok sir, we will remember this
It is a very good thing for knowledge
You should know
Financial year
Beginning from 1st April
Same date
Now you have to save this screen
And your company
Your business
Your basic details
Will be fed in Telly
Ok friends
Now how many ways to save it?
Here it is my dear friends
I will tell you now
One way
Press enter here
Press enter
Press enter 4 times
The screen will be accepted
Next way
Press enter
Press enter 2 options here
Accept yes or no
If you press yes
The screen will be accepted
If you press no
It will go back to the beginning
I will tell you another way
Here Press A with CTRL
Press A with CTRL
The screen will be accepted
Now I would like to give you an advice
We will provide you notes
No problem
But still
Take a pen copy
And some common commands in Telly
Which will be used everywhere
Start noting those common commands
The first command is
If you want to say yes in Telly
You can press Y
If you want to say no
You can press N
Quickly pick up the pen and register
And start writing
Write above
Common commands in Telly
If you want to write at the end of any register
Write at the end
If you want to write from the beginning
Write at the beginning
And from the end you remember all the commands
You remember all the commands
Write After that
Press Y for yes
Press N for no
And if you want to accept
Press A with CTRL
Like in Microsoft
Press A with CTRL
If you press S with CTRL
In Tally, you will see
A with CTRL
As soon as you press A with CTRL
You will see
Company Created Successfully
After that
There are many options
Show More Features, Maintain Accounts, Enable Billwise Entry
Maintain Inventory, Integrate Account with Inventory
Enable GST, Enable TDS
Now if in one day
Everything is done
Then it will take one week
To learn the whole universe
How will everything happen?
Step by Step
This is life
If you want to learn
Then learn
For now
Save this screen
We will learn everything
Tally is very wide
There are many things
Company Creation
We taught you Company Creation
After Company Creation
Press A with CTRL
Ignore other options
This is your
Tally Interface
This is your
Tally Prime
You have to do everything here
This is your Tally Desktop
You can call it
Tally Desktop
Like Laptops
Company Creation
In this way
You can create any business
In Tally
Next clip