MCA issued a notification that seeks to bring the audit trail rule into accounting software. Let’s check MAC’s audit trail requirement & Audit trail feature of TallyPrime in detail.
The latest release of 'TallyPrime Edit Log Release', is enhanced with the edit log feature that caters to the amendment released by the Ministry of Corporate Affairs (MCA). Following are the features of TallyPrime edit log release: Track the edits formastersandevery transaction ...
Control : @@locEditLog : $$IsGlobalEditLogOn $$IsEditLogOn This function validates whether the current loaded company has enabled the edit log. If an edit log is enabled for thecurrent loadedcompany, it will return’ Yes’. Syntax $$IsEditLogOn Example [Line : EI Consignee] Option : ...
Home Glossary Release Information
Home Glossary Release Information
The new audit trail rule ensures that all accounting software must record edit logs of every transaction. Let’s check the business impact of audit trail (edit log) rule.