Intro of T CAAT Pro 2021Dec01
- 1. INTRO OF KEY FEATURES OF T-CAAT PRO EXPORT MASTERS AND VOUCHERS FROM TALLY TO EXCEL IN A FEW CLICKS TO PROVIDE BETTER ASSURANCE FOR CA & THEIR TEAMS https://www.wincaat.com
- 3. Global Leading Solution Provider in Data Analytics for Empowering Professionals to realise potential by Applying Thought to Technology. Revolutionize Assurance, Compliance and Consulting Services by Providing Powerful Tools & Techniques for Performing Data Analytics, BI and AI.
- 4. With Innovative Software Solutions, We Empower CAs & CXOs to Harness: Power of Technology to Provide Value Addition through IT-Enabled Service offerings. Subject Matter Expertise and Domain Knowledge to Provide Existing and Innovative Services. Professional Potential to Provide Value Addition as Knowledge Workers and be more Effective and Productive.
- 5. Higher use of Technology. Greater Value Addition and Serve your Clients in Shorter Time with Deploying Systems and Solutions for Scaling up Services for Empowering you to:
- 7. HOME
- 8. Supplement Simplicity of Tally with power of Data Analytics of MS Excel in a structured format! Extract Data of Masters, Vouchers, Registers & Reports from Tally to MS Excel Generate various types of reports and summaries useful for Audit/MIS in MS Excel from Tally Data in a few clicks! Perform further analysis as required using MS Excel or DA SW with data exported in structured format. Why use T-CAAT Pro? Export from Tally to MS Excel Simplified!
- 9. T-CAAT PRO: ADD-IN TO MS EXCEL EXPORT FROM TALLY TO MS EXCEL SIMPLIFIED! 1. Highly useful for Audit and Accounting professionals, CXOs, Compliance Managers,…. 2. Supplement Simplicity of Tally with power of Data Analytics of MS Excel 3. Extract Data of Masters & Vouchers from Tally to MS Excel 4. Export Registers/Reports from Tally into MS Excel in a Structured Format 5. Extract specific/all info in a structured format for analysis in MS Excel 6. Dynamically interface with Tally to Export Trial Balance of specified/multiple companies with option to append/consolidate. 7. Perform further analysis as required using MS Excel or Data Analytics Software with the data exported in structured format.
- 11. FEATURES OF T-CAAT ENT & PRO VERSIONS
- 12. FEATURES OF T-CAAT ENT & PRO VERSIONS
- 13. INTRO
- 14. Accounting Software in India Tally is the most popular and widely used Accounting software In India
- 15. TALLY.ERP 9 Popular & Widely Used Simple & Easy to Learn Fast in Processing Data Comprehensive Accounting Software Inbuilt Compliance for most Critical Business Regulations Diverse set of Business Reports in Quick Time. Data is Safe and Secure.
- 16. PROBLEM STATEMENT: HOW CAN WE DYNAMICALLY INTERFACE WITH TALLY TO GET REQUIRED DATA INTO MS EXCEL
- 17. CHALLENGE: HOW TO GET FROM TALLY? INFORMATION OF MASTERS, DATA AND REPORTS INTO MS EXCEL FOR ANALYSIS & REPORTING?
- 18. Getting data from Tally into MS Excel for further analysis is a big challenge due to formatting issues DATA EXPORTED TO MS EXCEL FROM TALLY IS: TIME-CONSUMING AND EVEN AFTER FURTHER FORMATTING MAY NOT BE USABLE FOR FURTHER ANALYSIS
- 19. WHAT
- 20. DYNAMICALLY INTERFACE WITH TALLY TO GET MASTERS, TRANSACTIONS & REPORTS FROM TALLY TO MS EXCEL IN A STRUCTURED FORMAT OUR SOLUTION:
- 21. Why? • Supplement Simplicity of Tally with Power of Data Analytics of MS Excel Who? • Audit and Accounting professionals, CXOs, Compliance Managers,…. How? • Select specific menu/function to import relevant info into MS Excel When? • Extract Specific/All info in a Structured Format for Further Analysis in MS Excel SALIENT FEATURES OF T-CAAT PRO
- 22. Panels What is T-CAAT Pro? Tool Tips/Brief Descriptions Open Tally Open Tally and selected company from default directory or any specified directory. Profile Displays master info from Tally of company, accounting, inventory, cost centres & compliances. Accounting Displays transactions of accounting based on selected criteria, ledger vouchers, cash and bank transactions and master data of accounting from Tally. Inventory Displays inventory transactions and master data from Tally. Cost Centre Displays cost centre transactions and master data including category-wise, ledger-wise and cost centre-wise breakup reports from Tally. Registers Displays information from Registers of Sales, Purchase and Journal.
- 23. WHY
- 24. WHY USE T-CAAT ENT? One Stop Solution • Import Data of Masters, Transactions and Reports from Tally to MS Excel to perform further Analysis. • Available as an Add-in Software to MS Excel which facilitates Data analytics for Tally Data using Excel or any or Data Analytics Software.
- 26. DO MORE IN IN LESS TIME BY USING T-CAAT PRO & MS EXCEL FOR DATA ANALYTICS!
- 27. HOW
- 28. SYSTEMATIC APPROACH FOR USING T-CAAT Review the data in MS Excel Worksheet(s) and analyze as required. Use specific function of T-CAAT to get required data into MS Excel Worksheet(s). Open MS Excel and click on T-CAAT Tab. Identify specific master/trans. data or report required to be imported from Tally. Open Tally and select company and period for which data is to be imported.
- 29. KEY FEATURES
- 31. 1. ADD ON SOFTWARE TO MS EXCEL WITH 35 FUNCTIONS FOR EXTRACTING DATA FROM TALLY. 2. ENABLES USERS TO IMPORT MASTERS AND VOUCHERS FROM TALLY DIRECTLY INTO MS EXCEL IN A FEW CLICKS. 3. PROVIDES ALL THE INFORMATION IN STRUCTURED FORMAT SO THAT FURTHER ANALYSIS CAN BE DONE EASILY IN MS EXCEL.
- 32. 4. PROVIDES REPORTS FOR VARIOUS MODULES OF TALLY SUCH AS: ACCOUNTING, INVENTORY, PAYROLL, COST CENTRE, COMPLIANCES: INCLUDING INCOME TAX, ETC. 5. PROVIDES REGISTERS FOR SALES, PURCHASE AND JOURNAL WITH VOUCHERS, COLUMNAR AND SUMMARY. 6. FASTER EXTRACTION OF INFORMATION FROM TALLY AS REPORTS ARE DIRECTLY EXTRACTED THROUGH QUERY AND XML FOR REQUIRED OR SPECIFIED DATA.
- 33. FUNCTIONS
- 37. USE CASES
- 38. USE CASES OF T-CAAT: USE CASE-1 Need: CA firm providing assurance services wishes to implement standard audit program with detailed procedures for their clients who are using Tally.
- 39. USE CASES OF T-CAAT: USE CASE-1 Process(es): • The CA firm uses T-CAAT to export all masters with configuration and perform profiling at manager level to identify exceptions and specific areas for review. • The audit manager with audit staff reviews all the Masters and Configuration settings for all modules exported from Tally to profile the data and to guide the audit team on specific/detailed audit procedures to be performed. • Benefits: • Saving of time and implementation of standard process ensuring better performance and focus on risk areas. • Standard documentation of audit process for the firm and for peer review. • Better quality of deliverables to the client and value addition by pointing out exceptions and areas of improvement.
- 40. USE CASES OF T-CAAT: USE CASE-2 Need: CA firm wants to improve quality of their assurance services by implementing standard process for review of compliances & conformances for their clients who are using Tally.
- 41. USE CASES OF T-CAAT: USE CASE-2 Process(es): • The CA firm uses T-CAAT to export all/selected transactions for all/selected period by exporting daybook vouchers and ledger vouchers to verify compliance and to identify transactions which are outliers and to verify conformances. • The audit manager with audit staff reviews all these registers/reports to identify specific areas which require detailed review based on exceptions/outliers. The audit team prepares detailed audit program for discussion with management. • A detailed checklist is prepared to audit specific areas as identified. • Benefits: • Saving of time and implementation of standard process based on actual review of data thereby ensuring focussed review of transactions as per identified risk areas. • Standard documentation of audit process for the firm and for peer review. • Better quality of deliverables to the client and value addition by using technology to ensure higher quality of audit based on review of 100% of data rather than ad hoc sampling.
- 42. USE CASES OF T-CAAT: USE CASE-3 Need: A CA firm is Auditing a Multi-National Trading company which uses Tally with Accounting, Inventory, Bill-wise and Cost Centre modules, wants to use the Reports of Masters and Transactions exported from Tally using T-CAAT to update and standardise their audit plan, procedures and to perform audit using digital data and from virtual office.
- 43. USE CASES OF T-CAAT: USE CASE-3 Process(es): • The CA firm exports all the reports using T-CAAT from the panels/menus of Accounting, Inventory and Cost-Centre, in a few clicks. • The audit manager reviews these reports from virtual office to identify specific areas where audit program is to be updated and to guide the team on detailed audit procedures to be performed for specific areas. Benefits: • Saving of time and implementation of standard process based on actual review of data thereby ensuring focussed review of all transactions of all modules as per identified risk areas. • Updation of documentation as per transactions which have occurred during the year considering the high-risk areas. • Performance of audit using digital data from virtual offices by audit manager/staff using digital data and online communication for exchange of information/reports ensuring better quality of deliverables to the client, greater use of technology and better utilisation of staff.
- 44. Supplement Simplicity of Tally with power of Data Analytics of MS Excel in a structured format! Extract Data of Masters, Vouchers, Registers & Reports from Tally to MS Excel Generate various types of reports and summaries useful for Audit/MIS in MS Excel from Tally Data in a few clicks! Perform further analysis as required using MS Excel or DA SW with data exported in structured format. Why use T-CAAT Pro? Export from Tally to MS Excel Simplified!
- 45. Thank you! Email: [email protected] Watch videos of demo of specific functions of T-CAAT Intro to T-CAAT (overview), Intro to T-CAAT (detailed) Click to View Webinar Recordings or use link below https://www.wincaat.com/Training/Webinars.aspx#TCAATWebinars