As the year ends, CA teams move fast. However, a clear plan keeps the close calm and clean. This short playbook shows how to finish on time with Tally Auditors’ Edition. In addition, it includes a practical audit checklist tally you can follow from kickoff to sign-off.
Why this edition helps at year-end
Tally’s auditor features make review simple. First, dashboards reveal unusual entries. Next, drill-downs lead you to the source. Moreover, saved views let seniors jump straight to open items. As a result, your team spends less time searching and more time testing.
The 7-step year-end flow
Follow this path to keep the work steady.
- Lock the period. First, restrict back-dated entries and set user roles.
- Sync versions. Next, update release versions and confirm company data.
- Load the checklist. Then share the audit checklist tally with owners and due dates.
- Scan exceptions. After that, review negative stocks, round-off ledgers, and odd hours.
- Test documents. Meanwhile, use vouchers verification tally to check purchases, sales, journals, and bank entries.
- Review the log. In addition, read the audit trail tally to see who changed what and when.
- Close with reports. Finally, export trial balance, ageing, and notes for the file.
What to check (copy and use today)
This mini list covers the most common issues. Therefore, run it for each client.
- Controls: Confirm maker–checker, strong passwords, and cut-off dates.
- Bank and cash: Reconcile statements; flag items older than 90 days.
- Sales and purchase: Match order → dispatch/GRN → invoice; verify tax and HSN/SAC.
- Journals: Trace manual adjustments; review large or unusual entries.
- Inventory: Check negative stock, unit conversions, and valuation method.
- Statutory: Compare GSTR-1/3B/2B with books; verify TDS/TCS rates and challans.
- Fixed assets: Confirm additions, disposals, and depreciation runs.
- Provisions: Create ageing-based provisions for AR/AP; document policy notes.
Make the most of the audit trail
The log tells a story. For example, you can spot spikes in edits near the cut-off date. Similarly, you can find users who both create and approve entries. Consequently, you can train the right people and tighten controls. In addition, keep screenshots of key logs in your work-papers to speed peer review.
Faster voucher testing in practice
Here is a simple loop you can reuse all week. First, pick a voucher type and date range. Next, apply filters by user and amount band. Then test samples against source documents and mark notes inside Tally. After that, assign exceptions to owners and set reminders. Finally, re-test and close the batch. Because the steps repeat, your throughput stays high.
Reporting pack clients love
Before sign-off, assemble one clean folder: trial balance, schedules, inventory valuation, AR/AP ageing, and a short management letter. Moreover, add a one-page summary of exceptions and fixes. Therefore, partners and clients finish the meeting faster.
Why CA firms choose BrilliantTechnologies
Tools matter, yet support matters more. BrilliantTechnologies helps firms configure Tally Auditors’ Edition, adapt this audit checklist tally, and train teams before crunch time. In addition, our experts create saved views, sampling rules, and request templates so your next close is even smoother.
Ready for a calmer close? Contact BrilliantTechnologies to tailor this playbook to your firm and finish the year with confidence.
