Importing Opening Balance in Tally

Export Opening Balance from Previous Year

1. Go to Gateway of Tally > Display > List of Accounts.

2. Click E Export to open the Export Report.

3. Press Backspace to configure the export options.

4. Select the Language.

5. Select the Format.

6. Enter the Export Location.

7. Enter the Output File Name.

8. Type of Masters: All Masters

9. Set the option Include dependent masters: To Yes.

10. Export Closing Balances as Opening: Yes

11. to Date: Set the Date as per your Requirement

The Export Report screen appears as shown below:

12. Press Enter to export.

The exported file is saved in the location specified.

Importing Opening Balance

You can import masters previously exported from Tally.ERP 9 in XML format into the data of a company. Before importing, ensure that all the same features are enabled and disabled in the Company Features as the company from which the data is being imported.

For example, if you want to import masters created in ABC Company to a new company - XYZ Company. The options maintain stock categories and Maintain batch-wise details must be enabled in ABC Company before exported the masters. To import masters into XYZ Company, you need to ensure that both the options maintain stock categories and Maintain batch-wise details are enabled in XYZ Company before importing.

To import Tally Opening Balance

1. Go to Gateway of Tally > Import Data > Masters.

2. Enter the name of the .xml file to be imported.

3. Select the Behavior to define the method by which the existing entries in the company will be treated.

The Import Masters screen appears as shown below: