For NCL & NTPC Officers: Streamlining Contractor Audits with Tally

Why Audit Efficiency Matters in PSUs

For officers in Northern Coalfields Ltd (NCL) and NTPC, verifying contractor bills is a monthly challenge. With thousands of line items, manual verification is prone to errors.

The Tally Solution for PSU Audits

Tally Prime Audit Trail (Edit Log) is now mandatory. Here's how officers can use Tally to speed up verification:

1. GST Reconciliation: Ask contractors for their GSTR-2B reconciliation report generated from Tally. This proves they have actually filed taxes on the bills they submitted to you.

2. Labor Payment Proof: Use Tally's Payroll module to verify that EPF and ESIC deductions match the bank statements uploaded by the contractor.

3. Cost Centre Tracking: Tally's Cost Centre feature allows you to see expense breakup by specific Project or Site (e.g., "Jayant Project" vs "Dudhichua Project"), ensuring budget control.

HCS for PSUs

We provide Corporate Training for finance departments of PSUs to master Tally's audit capabilities.