LedgerVision

Get Tally Ledger Scrutiny done in Minutes!

  • Increase Scrutiny Coverage with more than 200+ In-Built Rules
  • Significantly Reduce Scrutiny Time
  • Reduce Manual Process of Scrutiny leading to Manual Errors
  • Get Reports for Preparation of GSTR 9 & 9C
  • GSTR2A, GSTR2B, GSTR1 Reconciliation
  • Clause 44 Reporting
  • GST & Tax Audit

Reports

GST

  • GST Scrutiny per Voucher
  • Party wise and Rate wise GST Report
  • Expenditure and Rate wise GST Report
  • Stock item wise GST report
  • Monthly RCM liability GST Report
  • 1% GST on Flat holder Receipts
  • Data Segregation for GSTR 9 and 9C

TDS

  • Identification of Short TDS, Excess TDS, Pending TDS
  • TDS Category and Party wise Report
  • 34A TDS Category, Party & Expenses wise Report
  • Data bifurcation for TDS Returns

Tax Audit

  • Tax Audit Tables
  • Sec 269SS and 269T Report
  • Cash Related reports u/s 43A(3), 269SS/T/ST
  • 5% Cash Analysis as per Sec 44 AB
  • Section 43B Statutory Dues
  • Probable Unsecured Loan hidden under Debtors / Creditors
  • Negative Cash/Bank Report

Accounts Writing

  • Wrong Accounting Entries As per basic accounting principles
  • Data Checks like Duplicate Vouchers etc.
  • Analytical Reports
  • Ageing Analysis
  • Asset Addition/ Deletion Report
  • Update Ledger Opening Balances In Tally
  • Find Spelling Mistakes in Ledger and Group Names

Compliance

  • GSTR2A Reconciliation
  • List of Pending Finalization entries like Provision
  • List of Pending Depreciation entries Prepaid
  • Related Party Transactions

Reports Screenshot

Latest Releases

Version V39
1.GSTR 2B report updated as per new formats of JSON files
2.New Functionality added for 26AS Reconciliation
3.Improved working of GSTR2B Reconciliation of single and group company
4.Smaller improvements and bug fixex in GSTR2B, GSTR2A, GSTR1
5.Auto ubdate of tally ledger masters is improved
6.GST scrutiny reports updated for data bifurcation
7.Improved working of TDS Expense wise report and disallowance

Version V38
1. Improved GSTR 2A/2B and GSTR1 Accuracy and Bifurcated GST Amount Tally in CGST, SGST, IGST
2. Added Changed GSTR2B JSON format from October 24
3. New Report added in Analytics Reports- Sales through cash
4. New Report added in Analytics Reports- Purchases with cash
5. Improved cash report and renamed as “Cash Deposits and Withdrawals”
6. New Report “Section 44AB” is added in Tax audit result
7. TDS rate 194H is changed from 5% to 2% from 1-october-2024 on-words
8. Improved working of 43BH report
9. New report is added Related Party Summary

Version V37
New Report added for Identifying Total Cash Receipts from Debtors
New Report Added for Identifying Total Cash Payments to Creditors
Added TCS u/s 206 C 1F – TCS on Sale of Motor Vehicle
Improved GSTR 2A/2B and GSTR1 Accuracy and Speed of Reconciliation

Blogs

Difference Between Manual and Automatic Ledger Scrutiny

Ledger Scrutiny Leave a comment

  Sr. No. Manual Ledger Scrutiny Automatic Ledger Scrutiny 1 Time-consuming process Very fast 2 Requires detailed knowledge and experience Requires operational knowledge of the subject and audit tool 3 100% checking is not always possible Always 100% checking is done 4 Data processing at ledger master level is not possible Scrutiny takes care of...Continue reading→

Update Ledger Opening Balance in Tally

Ledger Scrutiny Leave a comment

Generally, after finalization of accounts, closing entries [e.g. depreciation entries] are not passed by the client at their end. This results in difference in current year opening balance & previous year closing balance. LedgerVision software helps you in reconciling current year opening balance with previous year closing balance. LedgerVision has a complimentary ‘Reconcile Ob’ feature,...Continue reading→

Need of Software for Automatic Ledger Scrutiny

Ledger Scrutiny Leave a comment

AUTOMATIC LEDGER SCRUTINY GUIDE Practical difficulties dealing with Ledger Scrutiny / Audit: Huge tally data with Thousands of Cost Centres, Ledgers and vouchers Due to increased tax audit turnover limit, tally data with thousands of Cost centres, Ledgers and vouchers are received from client. Manually scrutinizing such data is time consuming and error prone No...Continue reading→