Question:

List the necessary information to be filled by a user on company creation screen.

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On the company creation screen the user fills the company name, mailing address, address, income tax number, accounting module and financial year. Then the user confirms to save the profile in the data bank.
Updated On: Oct 26, 2026
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Solution and Explanation

Step 1: Know the aim of the screen:
Before any entry is made, a new company must be created in the accounting software.
The company creation screen collects the basic details of the business.
The user fills these details in order, from the name to the final save.

Step 2: Details 1 to 3: name and addresses:
1. Company name: This is typed in the name field. It shows in all company selection lists and on internal documents.
2. Company mailing address: The address to which post is sent.
3. Company address: The address of the place of business.

Step 3: Details 4 and 5: tax number and module:
4. Income tax number: The number allotted by the income tax department.
5. Accounting module: To keep financial accounts only, the user selects the option accounts only in this field.

Step 4: Details 6 and 7: year and saving:
6. Financial year: In this field, the user enters the beginning date and the closing date of the financial year.
7. Saving the company profile: At the end, the software asks for permission to save the profile. On confirmation, the profile is saved in the data bank.

Step 5: Put the list in a table:
No.Information to fillWhat it means
1Company nameShown in lists and documents
2Company mailing addressAddress for correspondence
3Company addressAddress of the business
4Income tax numberNumber allotted by the income tax department
5Accounting moduleAccounts only, for financial accounts alone
6Financial yearBeginning and closing dates
7Saving the company profileConfirm to store it in the data bank


Final Answer:
The user fills seven items: company name, mailing address, company address, income tax number, accounting module, financial year, and then saves the company profile.
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