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.
Audit trail (edit log) features in TallyPrime Edit Log Release 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 releas...
To activate the Audit Trail feature in Tally Prime, you need to follow these steps: Open Tally Prime and load the company you want to activate the Audit Trail. Navigate to the Gateway of Tally. Press F11. Select Enable Product & Features. ...
Secure Data-Business data is sensitive and tally prime ensures that you will always remain in custody of it. With multiple user access control and feature-based security levels ensure that access to your data is restricted based on your choice. ...
Feature Out of 5 4.7 Ease of use Out of 5 Value for money Out of 5 Customer support Out of 5 Likelihood to recommend Out of 100% TallyPrime Pros and Cons "The software excels in generating detailed reports for income tax, GST, and audit purposes, which is a big plus for businesses....
The Edit Log feature is introduced inTallyPrime Edit LogRelease 2.1 andTallyPrimeRelease 2.1. Audit trail is intended to ensure that all the activities related to your transactions and masters are logged and available for viewing, according to MCA notification for businesses. Considering this aspect...
Is it possible to disable the Edit Log feature in the TallyPrime Edit Log product? Can I continue using TallyPrime Edit Log despite the postponement of its applicability? Now that the Audit Trail applicability has been deferred by one year, do I need to revert back to the previous release?
Audit Trail (Edit Log) in TallyPrime Read More→ Best Accounting Software with Audit Trail Feature in India Read More→ 5 Features to Look in Audit Trail (Edit Log) Accounting Software Read More→ How to Prepare your Business for Audit Trail (Edit Log) Rule?
An audit trail (edit log) is the time-stamped step-by-step record of all actions & activities within an application by a user. Let’s check how an audit trail can lead to increased compliance and transparency.
Audit Trail:TallyPrime includes an audit trail feature, allowing businesses to track changes made to financial data and ensuring accountability and transparency. Multi-User Access:TallyPrime supports multi-user access, allowing different team members to work on financial data simultaneously. Budgeting and...