Tally.ERP 9 - Auditors' Edition

A growing economy, widening tax base and increasing compliance requirements impact Chartered Accountants. Their time is at a premium, their travel costs grow, and they find it hard to find staff. The powerful audit tool designed just for CAs can be your solution.

Presenting Tally.ERP 9 - Auditors' Edition:

Syncing with Tally.ERP 9 installed at your clients' offices, this unique product can improve your practice and streamline your clients' businesses. Increase your audit effectiveness with its advanced features like remote access, and boost opportunity by adding new services –like Continuous Compliance –to your portfolio.

 A White Paper on "Where do we go from here?"

 Stat Audit Reference Manual

 Tax Audit Reference Manual

Business Advisory Practitioner Programme

An initiative of the Institute of Chartered Accountants of India (ICAI) – the BAP endeavors to expand the service portfolios and increase earnings of CAs.

Benefits at a glance

1. Increase audit efficiency

•  Access to the client's data and reports remotely, via Tally.NET
•  Special capabilities to assist in regular Statutory Compliance
•  Audit Dashboard and generation of annexure and reports for Tax Audit, such as:
  Form 3CD Annexure Clause16, Clause 17(h), Clause 21, Clause 24(a), Clause 24 (b),
  Annexure II, and Clause 27
•  100% manual verification and validation of vouchers can be avoided
•   Filter reports on the Audit Dashboard based on the audit requirement
•  Clarifications required can be posted by the CA and responded to within Tally.ERP 9

2. Increase scope of additional revenue through special services

•  With considerable time saved, CAs can provide new Business Advisory services to clients
•  Tally Integrator partners are available to jointly work with CAs to deliver technology solutions
  around Tally.ERP 9 for areas identified by the CA
•   Tally Service Partners are available to jointly work with CAs to ensure that their clients can
  get affordable system management and services around Tally.ERP 9

By participating in this programme, we are confident that CAs will improve their revenues, reduce costs and be able to offer enhanced services to their clients.

Tally is committed to supporting this with the necessary products, tools, processes, as well as a robust sales & support ecosystem.

Tally.ERP 9 - Auditors' Edition Key Features

An Audit involves intense planning followed by a hectic schedule. We at Tally continue to do our bit to ease the process by enriching Tally.ERP 9 – Auditors’ Edition with features that:

•  Ease verification and collation of data
•  Simplify the audit process with 3-dimensional micro-analysis
•   Reflect accurate results with Professional Standards

Unlock the potential of this MUST HAVE CAAT Tool for a practicing Chartered Accountant, and take auditing to a higher level.

Key features in Tally.ERP 9 - Auditors' Edition

•  Audit Programme
•  Audit Working Papers
•  Analytical Procedures
•  Multiple Sampling Methods including Benford Analysis
•  Schedule VI Financial Statements
•  Verification of Opening Balances, General Ledger Analysis/Scrutiny
•  Repeated Transactions
•   Periodic Payments & Receipts
•  Relative Size Factor (RSF)
•  Audit Journals
•  Checklist of Accounting Standard (AS) and Audit & Assurance Standard (AAS) compliance
•   Tax Audit – Form 3CD with Annexure, Form 3CA & Form 3CB

Introducing a power wizard to simplify
your tax configurations on Tally.ERP 9

You are starting a new business or a new taxation policy has been introduced in the state. Your business has to comply. Imagine the situation now to set up your software tools to address the complicated tax computation. Then you need to train your staff to understand the new tax laws to mark changes in all new transactions. All this while continuing to run the business smoothly. Presenting the Tally.ERP 9 wizard. Now, configure the tax modules without any difficulty and without having to worry about mistakes.

Quick configure, quick benefit:

Quick set up is a powerful single-window wizard. It will guide you in configuring statutory masters required for the effective use of a particular statutory module. This one time, step-by-step configuration will ensure that tax rates/percentages for various items and services, tax assessment number, name and designation of person in charge of business etc. are set up for your business accurately. It only takes few minutes to configure and if there is a change in the taxation policy in future, you will have to reconfigure the values.

Quick setup allows you to make required basic configurations to the masters to account statutory transactions. It also allows making advance configurations, wherever applicable. With quick setup you will be able to select the tax module of your choice in one step without having to go through the entire menu.

Quickly configure different taxation modules:

Quick setup has different configuration screens for specific statutory modules. For example if you select the quick setup for Tax Deducted at Source (TDS) module, it guides you step-by-step in configuring only those masters which are applicable for TDS. Similarly, to configure masters for other taxation modules, you have to select the appropriate quick setup screens.

Currently quick setup is available for the following taxation modules:

• Excise for Dealers
• Excise for Manufacturers
• Tax Collected at Source (TCS)
• Tax Deducted at Source (TDS)
• Value Added Tax (VAT)

What’s more, Tally.ERP 9 has very powerful statutory capabilities. These are state-specific and continuously updated to ensure your statutory compliance is up-to-date. Call or visit your nearest Tally Partner today to know how Tally.ERP 9 can make a difference to your business.

Quick Setup for Tally.NET:

The Quick Setup for Tally.NET is designed to ease the configuration process without having to move from one screen to another. While retaining the previous Tally.NET configuration, the Quick Setup for Tally.NET allows the user to set the required configurations such as enable security, connect Company, configure users, configure security levels and configure connection, from a single screen.