Powered by TallyPrime’s simplicity and smart Excel-based template.
TallyPrime provides an Add-on to help you generate financial statements for Corporate Entities (Schedule III Division I) and Non-Corporate Entities (NCE) in accordance with Schedule III of the Companies Act and the latest ICAI guidelines. Using a smart Excel-based template, the Add-on simplifies financial statement preparation, ensures accuracy, and reduces effort.
You can export data required for preparing financial statements from TallyPrime to Excel, where data is automatically populated in the required formats. Most Trial Balance ledgers are pre-mapped to the appropriate classifications. You only need to complete the remaining mapping and disclosures to generate compliance-ready financial statements. This reduces manual data entry and reconciliation, making the process faster and easier.
Enter your TallyPrime serial number
Click on Check Eligibility
Enter the OTP received on your registered e-mail ID
The Add-on is enabled for your TallyPrime license
Press Alt+E (Export) from Balance Sheet, Profit & Loss A/c, or Trial Balance
Under Reports > select Financial Statements
Press ‘C’ Select Financial Statement for NCE or Schedule III for Division I, as required
Press C (Configure) to set options such as data type, period, folder path, and file name, for creating the file containing TallyPrime data
Once you export the data, TallyPrime accesses the Excel template, populates it with the data, creates a copy of the template with the exported content, and saves it to the configured path
Press Ctrl+A to accept the settings and Press E (Export) to export the data
Yes, a valid TSS is required to use the Financial Statements Add-on. The Add-on is compatible with TallyPrime Release 7.1 or later (with active TSS) and Microsoft Excel 2016 or later.
