From Tally to signed statements

Once per computer

Fetch straight from Tally

With the Tally Suite installed, FYNEST reads the trial balance directly. There is nothing to install into Tally and nothing to export — the report definition travels inside each request and Tally forgets it afterwards.

1. 1

   Install the Tally Suite once, on the PC that runs Tally

   Download it from your firm, run it, and leave every box ticked. It also switches Tally's own connector on for you, so you never open Tally's settings.

2. 2

   Open Tally with the company loaded

   The suite reads whatever is open. It never writes to your books.

3. 3

   Open FYNEST and look for "Fetch straight from Tally"

   It appears above the file box when the connector is running. Pick the company and the period, then press Fetch trial balance. That is the whole job — no file and no export.

Working from a trial balance a client emailed you instead? Drop it on the file box on the upload screen. It needs the same eight columns as the sample trial balance, and FYNEST names any that are missing before you upload.

Each statement

Generate the statements

1. 1

   Drop the exported file onto the upload box

   On a .csv FYNEST reads it in your browser straight away and tells you the ledger count, whether the trial balance balances, and whether any Tally group is unrecognised — before anything is uploaded.

2. 2

   Choose the prior year option

   A blank column to fill in yourself, or upload last year's trial balance to carry the comparatives across automatically.

3. 3

   Choose proprietorship or partnership

   This picks the ICAI format. Partnership uses partners' capital accounts and adds partner remuneration.

4. 4

   Generate

   The workbook downloads. It has the balance sheet, P&L, all twenty-three notes, and a Check tab.

Before you sign

Read the Check tab

It is the first tab, and it is the point of the whole tool. Ten things are checked and every one of them used to fail silently:

1. 1Does the Balance Sheet balance? — Assets minus liabilities, worked out by FYNEST before you open the file — not left to a recalculation you might never trigger.
2. 2Does the Trial Balance balance? — Total closing debits against total closing credits.
3. 3Ledgers that reach no statement line — Money sitting in a category no note and no face sheet reads, plus any ledger left off for closing at nil.
4. 4Ledgers merged from duplicate rows — Two ledgers with the same name, added together.
5. 5Rows that could not be read — Any figure FYNEST did not understand, and the column it was in.
6. 6Entity details still to fill in — The auditor, F.R.N., membership number, UDIN, date and place. FYNEST never invents these, so they arrive as [prompts] you replace.
7. 7Balances on the unexpected side — An asset in credit or a liability in debit. The trial balance foots either way, so nothing else catches it.
8. 8Depreciation — Fixed assets falling with nothing classified as depreciation — which prints the fall as a disposal and leaves the P&L reading zero.
9. 9The capital account — Whether the note ties to the Balance Sheet, and for a partnership, what is still yours to do.
10. 10Ledgers placed by name — Tally files salaries, bank interest and depreciation together, and both the GST you owe and the GST owed to you. Schedule III wants them apart, so FYNEST reads the ledger names — and lists every one it moved.

If the verdict at the bottom reads No issues found, every ledger in your file reached a statement line and the workbook balances. If it says NEEDS ATTENTION, fix that before signing — the figures above it are wrong, not merely untidy.

Set once, kept

Teach FYNEST your own Tally groups

FYNEST knows the standard Tally groups. If your practice uses its own — a custom group for digital assets, say — it will say so on the upload screen and offer a dropdown. Pick the right FS category once and it is applied to every statement from then on, for every client.

Rules are stored in your browser and never uploaded, so they are never linked to a client. Use Back up rules on the upload screen before clearing your browser or moving to a new computer.

Troubleshooting

When something goes wrong

Still stuck? Call Himanshu on +91 99998 80092 or send us the details.