Preparing main lead schedules before starting audit field work is always tedious and time-consuming for auditors. It usually takes up quite an amount of times in job assignment.
Import with TB Plug-in
Our system can significantly improve productivity and efficiency of this job area, by cutting down times spent by use of built-in import TB tool i.e. Excel and UBS TB plug-in and easy-to-use grouping mechanism, instead of using the manual method to key in each of client's trial balance items into the system.
Grouping Mechanism
After importing TB into the system, built-in grouping mechanism allows each of the trial balance items to be easily selected, modified and grouped to main lead schedules, statement of financial position, income statement and management accounts with just a few clicks.
The grouped items will then be memorised and saved, re-used in next financial year where new trial balance is imported again. The grouping mechanism, therefore, increases productivity and efficiency of next year's jobs enormously as you are not required to re-do grouping process again.
End Result
Upon completion, the users will have all ready-to-use main lead schedules together with the statement of financial position, statement of profit or loss and management accounts in audited financial statements.
With built-in audit adjustment tool, any audit adjustment made by auditors to trial balances will auto modify and update relevant main lead schedule, statement of financial position, statement of profit or loss and management accounts.
UBS TB Plug-in
Plug-in for UBS accounting package allows Trial Balance to be imported quickly and accurately with only a few clicks, together with 12 months general ledger data for auditor's monthly analysis.
Excel TB Plug-in
Plug-in for Microsoft Excel allows Trial Balance to be imported quickly and accurately with only a few clicks. Just export Trial Balance from any of accounting software and save as Microsoft Excel file and upload to the system.