Identifying Related Parties (Audit and Compliance)

 

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,

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

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 on 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.