The utility of Tally Vault Password is -"It will not show the Company Name in the Company Select List."
Tally vault is one of the security features that is built-in Tally. It is very much essential to maintain the confidentialityof the company's data. Tally vault password is totally based on a complex algorithm and no one can easily decrypt that password.
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Malcolm Carneal
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The tally vault password is a great device to ensure the security of the company. It ensures confidentiality and is a useful means of protecting company data from the outsiders. The password is based on a complex algorithm that is difficult to decrypt adding to the security of the vault. This is because it has a complex password system unlike the other conventional vaults.
The tally vault password will not show the company on the company select list. Unless you are familiar with the password you won’t be able to select the right area to unlock the system which adds to the security.