Provide other necessary details and accept the screen.Note that forgetting this password will result in permanently losing access to your company data. Confirm TallyVault Password: Reenter the same password to confirm.TallyVault Password: Enter a password to encrypt your data.Set TallyVault Password to encrypt Company Data: Yes.Set the TallyVault password under Security.Refer to the TallyVault topic for details on managing TallyVault. This password cannot be retrieved, if lost.

You can access this company only if you know this password. This encrypts your company and therefore ensures privacy of the company data. If you do not the company name to be displayed in TallyPrime while selecting the company, you can specify a TallyVault password for your company. Set TallyVault While Creating Your Company

Next time you open your company, you will need to first enter this password to view the company name and other details. Providing a TallyVault password encrypts your company and all the transaction details, including the company name. Based on your business environment, if you want to maintain privacy of the company that you have created in TallyPrime, use TallyVault. TallyVault is an enhanced security system that allows encryption of your company data.