Using Auditors’ Edition of Tally.ERP 9 the following Financial Statements can be prepared as per the Schedule VI requirements as specified in Companies Act:
• Balance Sheet as per Schedule VI
• Profit & Loss A/c as per Schedule VI
Some of the salient features of Schedule VI Balance Sheet are:
• Can be generated with a single click
• Tally Default Groups (Business Groups) are mapped to Schedule VI groupings by default.
• Can be further regrouped as required (User defined)
• Flexible Schedule numbering
• Generation of Schedules
• Export to Excel for further formatting if required.
Some of the salient features of Schedule VI Profit & Loss A/c are:
• 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.
For more details please click here