MCA Taxonomy Configuration

Generating reports in MCA-XBRL format from Tally.ERP 9 is a 3 step process

• Ensure the values are entered for Mandatory Fields

• Map Tally.ERP 9’s Default Groups to MCA Taxonomy Elements. User has to tag the respective applicable Taxonomy child elements to the Group/Sub group.

• Generate the MCA Reports in prescribed MCA-XBRL format

To configure the complete financial as well as non-financial information for the generation of the valid MCA Reports in XBRL format for the purpose of submitting to MCA, Specify Additional Details, Configure List of Accounts,  generate Cash Flow and disclose Profit and Loss Adjustments & Appropriations.

Go to Gateway of Tally > Display > Statutory Reports > MCA Reports (2012)

To generate MCA reports in XBRL format follow the given Steps:

1. List of Accounts : Tag the chart of accounts, groups or ledgers, to the respective child elements of each of the applicable Parent elements of the Taxonomy. In addition to this, provide the details regarding the Cash Flow Statement and Profit and Loss appropriations and adjustments.

2. Additional Details : Enter the operational and general information containing with respect to the compliance of various statues and accounting principles and policies information of company to capture the values.