Key features & Benefit
1. Data Entry & Import
• Tally Import: Import both Opening & Closing balances in one go, even from two separate Tally data files.
• Manual Entry/Updation: Flexibility to enter or update data manually.
• Excel Import: Direct import from Excel sheets.
2. Headings & Format
• One-Click Headings Update: Instantly update headings as per Schedule III format.
3. Exception Handling
• Auto Exception Management:Automatically handles unusual cases like debtors with credit balances or creditors with debit balances.
4. Disclosures
• 67+ Types of Disclosures:Comprehensive disclosure coverage as per statutory requirements.
• Detailed Line-Item Disclosures:Covers every item of the Balance Sheet and Profit & Loss Account.
• Qualitative Disclosures:Includes Accounting Standards (AS) related disclosures.
• Regulatory Disclosures:Detailed compliance-ready formats.
5. Tally Settings
• Auto Connectivity:Automatically connects with Tally when it’s open
• No Manual Port Updates Needed:Saves time and avoids errors.
6. Settings & Customization
• Company Settings:Auto-fetch company details from Tally.
• Signatory Settings:Configure up to 5 signatories with details.
• Currency Options:Supports multi-currency with both code & symbol display
• Figure Display:Multiple figure display options (e.g., Units, Thousands, Lakhs, Millions).
Automated Balance Sheet – Excel Based Tool
| S.No. |
Category |
Feature |
Benefit |
| 1 |
Data Entry |
Tally Import (Opening & Closing) |
Import balances in one go, even from two separate Tally data files. |
| 2 |
Data Entry |
Manual Data Entry / Updation |
Flexibility to update or enter data manually. |
| 3 |
Data Entry |
Excel Import |
Quick data import directly from Excel. |
| 4 |
Headings |
One-Click Headings Update (Schedule III) |
Instantly aligns reports with statutory formats. |
| 5 |
Exception Handling |
Auto Exception Management |
Automatically handles reverse balances (e.g., Debtors with Credit). |
| 6 |
Disclosures |
67+ Types of Disclosures |
Comprehensive coverage for statutory compliance. |
| 7 |
Disclosures |
Detailed Item-wise Disclosures |
Full detail for Balance Sheet &P&L items. |
| 8 |
Disclosures |
Qualitative Disclosures (AS) |
Covers Accounting Standards disclosures. |
| 9 |
Disclosures |
Regulatory Disclosures |
Compliance-ready detailed formats. |
| 10 |
Tally Settings |
Auto Connectivity with Tally |
No manual setup—updates automatically when Tally is open. |
| 11 |
Tally Settings |
No Port Updates Required |
Saves time, avoids manual errors. |
| 12 |
Settings |
Auto Company Settings |
Fetches company details automatically |
| 13 |
Settings |
Signatory Settings (Up to 5) |
Manage multiple signatories with ease. |
| 14 |
Settings |
Multi-Currency Support |
Flexibility to work with global currencies |
| 15 |
Settings |
Currency Code/Symbol Display |
Choose between currency code or symbol as per need. |
| 16 |
Settings |
Multiple Figure Display Options |
Present reports in Units, Thousands, Lakhs, or Millions. |
Balance Sheet Automation Tool Comparison
| S.No. |
Feature |
VA Balance Sheet |
Software |
Manual Excel |
| 1 |
Tally Import (Opening & Closing in one go) |
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| 2 |
Manual Data Entry |
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| 3 |
Excel Import |
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| 4 |
One-Click Headings Update (Schedule III) |
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| 5 |
Auto Exception Handling (Reverse Balances) |
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| 6 |
67+ Types of Disclosures |
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| 7 |
Detailed Item-wise Disclosures (BS &P&L) |
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| 8 |
Qualitative Disclosures (AS) |
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| 9 |
Regulatory Disclosures |
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| 10 |
Auto Connectivity with Tally |
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| 11 |
No Manual Port Updates |
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| 12 |
Auto Company Settings (from Tally) |
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| 13 |
Signatory Settings (up to 5) |
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| 14 |
Multi-Currency Support |
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| 15 |
Currency Code / Symbol Options |
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| 16 |
Multiple Figure Display (Units/Thousands/Lakhs/Millions) |
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| 17 |
Handles Trial Balance up to 5,000 line items |
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