Auditors’ Edition of Tally will strengthen the Chartered Accountants’ service portfolio by facilitating them in providing IT assisted services. The primary goal of this Edition is to,
(a) Help decrease the operational cost and increase efficiency for Tax and Statutory Audit
(b) Create specific service capabilities for the Chartered Accountant which can be availed by their clients at affordable costs

The Auditors’ Edition of Tallywill help in simplifying and facilitating:

• Tax Audit under Section 44AB* 
• Statutory Audit
• Compliance Services for Direct and Indirect Taxes (TDS, TCS, FBT, Excise Duty, Service Tax, VAT, CST, PF, ESI)

Features  

• View relevant data for Tax Audit based on clause requirement*  
• Track any alteration / modification to vouchers after the Audit*
• Generate Tax Audit related reports & annexures to assist in auditing* 
• Post data corrections and reviews remotely
• Allows column sorting & multi-selection of vouchers during Auditing*
• Instant statistics on Audit Listings (Audited Vouchers, Unaudited Vouchers & Pending      Vouchers)*
• Provides facility to record audit remarks using Audit Note*
• Provision to mark vouchers for clarification / Verification from Clients*
• Identify and report errors in data*
• Remote Access Services 

Benefits
 
Increase audit efficiency : 

• Remotely access the reports/data using Tally.NET
• Access special audit capabilities and reports

Therefore, the Chartered Accountants or the article clerks can visit the client's office and log in with their user ID. By doing this, they will be able to access their Auditors’ Edition of Tally at the client’s office! *

• Generate most of the annexures for Tax Audit (under Sec.44AB) 
• Remote Audit (i.e. doing it at own office) allows continuous access to Senior Partners      for on-the-spot query resolution leading to faster closures and better quality of audit
• Increase scope of services
• Lower cost and time to deliver services (imagine you can audit your client's factory in Gujarat from your office in Mumbai or even from your home, wonderful isnt it?)

This is just the brief information about Tally's Auditor's edition, if you want to know more information this, feel free to drop me an email (payal@aiyerji.com)

For AiyerJi

Payal

BAP - Business Advisory Program

The Business Advisory Program is an ICAI (Institute of Chartered Accountants of India) initiative to help their members to explore new avenues of enhancing the scope of their services, thereby increasing the revenue opportunities. Considering Tally's expertise in the domain, ICAI has chosen Tally as the technology service provider to facilitate the Chartered Accountants (CA) in offering IT assisted services to their clients. This program aims to boost the CAs’ service portfolio with Compliance and Advisory services.

ICAI's objective is to demonstrate that the traditional services Chartered Accountants provide to their clients, with this program, can add more value to the clients’ business and hence their own profession. The program, as ICAI believes, will open the flood gates to immense revenue potential for their members and also the potential to a larger client base.

The cornerstone of this program is to bring technology into the hands of Chartered Accountants - enabling them to boost their incomes dramatically. The principles being applied are to demonstrate how technology,

  - Can reduce operational cost, and increase efficiency of the Chartered Accountant’s practice
  - Help the Chartered Accountant offer novel services at affordable costs

This program will aim at increasing the Chartered Accountants' efficiency in the traditional & advanced repertoire of services together with personalized access to the Tally network. The Chartered Accountants can grow, support and sustain their clients' business by using Tally's technology platform. The Chartered Accountants can register for the Program and strengthen their services with the Auditors’ Edition of Tally. With the Tally.NET as the service enabler, there will be a revolutionary change in the way the Chartered Accountants have been servicing their clients.

The Chartered Accountants registered to BAP will be facilitated to enhance their competencies in the IT space in general with products specially developed by Tally for Chartered Accountants under this program. Chartered Accountants would be able to provide related IT services to clients considering the Chartered Accountants domain knowledge and expertise. ICAI believes that the Chartered Accountants will have the opportunity to build and grow additional service offerings to their clients through Tally technology.

By participating in this program, the Chartered Accountants will witness the high potential for revenue generation through enhanced services offered to their clients. Chartered Accountants will be able to cater to their clients' business needs much faster, there by saving the Chartered Accountants' valuable time, which will prove to be beneficial in terms of new client addressal and satisfying existing clients.

The CAs will be regularly informed about the range of expertise and services available to be offered to their clients, and Tally will provide the CAs with products, tools and processes to facilitate the delivery of such expertise and services.

For AiyerJi

Payal

PS : If you are a CA interested to know more about the program , feel free to drop me a line , my email is payal@aiyerji.com