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