1. © Tally Solutions Pvt. Ltd. All Rights Reserved The New Statutory Audit Feature in Tally.ERP 9 - Auditors’ Edition

2. © Tally Solutions Pvt. Ltd. All Rights Reserved 2 Statutory Audit – Scope Covered  Data Analysis  Auditing  Financial Statements As Per Schedule VI

3. © Tally Solutions Pvt. Ltd. All Rights Reserved 3 Data Analysis – Tools available  Verification of Chart of Accounts  Verification of Balances  Verification of Stock items  Analytical Procedures  Pending Documents  Statutory Payments Mark the Status as Verification Complete after Analysing the data

4. © Tally Solutions Pvt. Ltd. All Rights Reserved 4 Verification of Chart of Accounts All the Ledgers are Listed Under the Different Exception Types Exception Types with Ledger Details

5. © Tally Solutions Pvt. Ltd. All Rights Reserved 5 Verification of Stock Items Verification of Stock Items Report Similar to Chart of Accounts

6. © Tally Solutions Pvt. Ltd. All Rights Reserved 6 Verification of Balances Groups with Opening Balance differences are shown in red color Displays the Transaction details, Groups with Balance against the default Group behavior shown in red

7. © Tally Solutions Pvt. Ltd. All Rights Reserved 7 Analytical Procedures

8. © Tally Solutions Pvt. Ltd. All Rights Reserved 8 Verification of Pending Documents

9. © Tally Solutions Pvt. Ltd. All Rights Reserved 9 Verification of Statutory Payments

10. © Tally Solutions Pvt. Ltd. All Rights Reserved 10  Verification of Vouchers  Related Party Transactions  Forex Transactions  Outstanding of MSMEs  Salary/Wages Payments (including ‘Head Count’) Auditing/Vouching The Auditing procedure is similar to the Tax Audit and the Vouchers with respective Audit Status will be displayed in the respective columns

11. © Tally Solutions Pvt. Ltd. All Rights Reserved 11  Audit only sampled transaction or all transactions Auditing – Verification of Vouchers Option to Audit only Sampled or all transactions has been provided

12. © Tally Solutions Pvt. Ltd. All Rights Reserved 12 Auditing – Related Party Transactions Auditor can identify the Related Parties with the help of Client Once the Related Parties are identified, all the Related Party transactions will be available for Scrutiny

13. © Tally Solutions Pvt. Ltd. All Rights Reserved 13 Auditing – Forex Transactions All the transactions involving Forex will be listed for scrutiny. The auditor can drill down to check the Rate of Exchange used by the Client for each

14. © Tally Solutions Pvt. Ltd. All Rights Reserved 14 Auditing – Outstanding Bills from MSME The MSME’s can be identified by Auditor with the help of the Client and all the Outstanding Bills from MSME’s will be available for Scrutiny

15. © Tally Solutions Pvt. Ltd. All Rights Reserved 15 Auditing – Salary & Wages Payments Salary/Wages report provides the details of the actual Head Count details Along with the Salary details for each month and each Employee

16. © Tally Solutions Pvt. Ltd. All Rights Reserved 16 Financial Reports – Provided  Balance Sheet as per Schedule VI  Profit & Loss A/c as per Schedule VI

17. © Tally Solutions Pvt. Ltd. All Rights Reserved 17 Schedule VI Balance Sheet – Features  Can be generated with just a single click  Tally Default Groups (Business Groups) are mapped to Schedule VI groupings by default too.  Can be further regrouped as required (User defined)  Flexible Schedule numbering  Generation of Schedules  Export to Excel for further formatting if required.

18. © Tally Solutions Pvt. Ltd. All Rights Reserved 18 Schedule VI Balance Sheet The Group/Subgroup/Ledger Balances can be Moved From one Schedule VI titles to another as required or within default Tally Groups. Movement is possible using Ctrl+X Move button or Ctrl+Enter Configuration screen Select the Group which needs to be moved Click on this button or press Ctrl+X to CUT/Move Move the cursor to the required line Click this button or press Ctrl+V to PASTE The selected Group is moved along with the Balance without affecting the actual data To undo last change click on the button or press Ctrl+U To undo all changes click on button or press F10

19. © Tally Solutions Pvt. Ltd. All Rights Reserved 19 Schedule VI Balance Sheet Final Schedule VI Balance Sheet With Schedules nos.

20. © Tally Solutions Pvt. Ltd. All Rights Reserved 20 Schedule VI Profit & Loss A/c – Features  Sales & Income Groups are mapped to INCOME by default  Expenses & Purchase Groups are mapped to EXPENDITURE  Option to rename INCOME & EXPENDITURE is provided to support all industries  Flexibility to regroup within INCOME & EXPENDITURE  Flexible Schedule numbering  Generation of Schedules  Export to Excel for further formatting if required.

21. © Tally Solutions Pvt. Ltd. All Rights Reserved 21 Schedule VI Profit & Loss A/c

22. © Tally Solutions Pvt. Ltd. All Rights Reserved THANK YOU