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https://help.tallysolutions.com/docs/te9rel51/Auditor_Edition/India/Statutory_Audit/Identifying_Related_Parties.htm

Identifying Related Parties

Those Ledgers which are marked by the Auditor as Related Party will only appear in the Related Party Transactions report.

To identify/mark a Ledger as Related Party,

  1. Go to Gateway of Tally > Audit & Compliance > Audit & Analysis > Related Party Transactions.

  2. Click on Ctrl+F9: Master Config or press Ctrl+F9.

  3. Select Related Party and press Enter.

  4. Select the required Ledger(s) using Spacebar in the Related Party Configuration screen.

  • Click F5: Update or press F5 to view Related Party Details screen to mark the selected Ledger as Related Parties.

  • In Related Party Details screen:

  • In Is Related Party field select Yes.

  • In Relation Type field specify the Relation Type.

  • Press Enter to save the Related Party Configurations.

Note: Follow the same steps to unmark a Party which is wrongly identified as Related Party.

Ctrl+W: Audit Wkg Paper

To view the Audit Working Paper during Auditing, click Ctrl+W: Audit Wkg Paper or press Ctrl+W keys. The details displayed in Audit Working Paper will be relevant to report from where it is triggered. This report displays the details of Configuration of Periodic Ledgers.

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