Excel based tool Developed by Chartered Accountants for Chartered Accountants.
Schedule 3 Automation tool is for preparing Financial Statements for the Private Limited Companies or Limited Companies as per the Schedule 3 of the Companies Act, 2013 (Division I – Non-Ind AS Format). This tool has been developed with the objective to automate financial statement preparation activity and to minimize effort on repetitive formatting and editing.
Key Features –
- Import Trial Balance from Tally ERP, Tally Prime – Tool is integrated to Tally ERP/Tally Prime.
- Import Excel Trial Balance – from any Accounting Software
- 50%-70% Auto Grouping
- Auto Rounding off in ’00, ‘000, lacs, crores (Auto Casting difference adjustment)
- All disclosures of Schedule 3 Amendments notified by MCA on 24th March,2021
- Comprehensive Qualitative and Regulatory Disclosures
- Analytical Graphs
- Integrated ITR 6 financials with CompuTax, Winman, Spectrum, Saral IT, SmartTax & ClearTax
- Depreciation as per the companies act with Fixed Assets Register
- Prepare Notes with single click
- Annexure preparation with single click of button
- Auto Page Setup, Header Setup (No headache of manual setting again and again)
- Check Sheet as a part of Preventive Controls
- Prepare Cash Flow Statement
- Import multiple tally companies into single excel file – where Books of Branches are maintained in different tally file.
- Consolidation of Accounts (25 Branches/Companies)
- Columnar Balance Sheet, P&L, Elimination Report
- Output of entire set of financial statement in Excel, PDF
- 8 Colour Themes of Financials (32 Presentation Layouts)
7 days Trial Version is available on Request Click here
Benefits
- Standard Uniform format for all companies, no different excel files
- Single File for Financials, Depreciation, Fixed Asset Register, Cash Flow, Annexures
- To be Honest Huge time saving from 2nd Year onwards – Biggest Benefit
- Least effort on page setup, formatting and editing so that time can spent on analysis or other important tasks.
- Sign on Theme based Financial (Look alike listed companies financials)
- Integrated with Tally ERP/Tally Prime
- Multiple Trial Balance of different branches can be imported
- Ready Annexures for department presentation during scrutiny
Quick Comparison with available alternatives
USP of Schedule 3 Automation Tool
- Integration with Tally ERP, Tally Prime, Excel TB
- Comprehensive Qualitative and Regulatory Disclosures
- AI based Rounding off
- Perpetual Depreciation Calculator
- WDV Depreciation Method 100% Accurate
- Consolidation upto 25 Branches/Companies
- Elimination Report
- 32 Presentation Layouts
- Auto Page Set-up
- Level of Automation
- Price
CA Firms from 80+ cities from 15 states all over India are using our tools.