Schedule-VI Balance Sheet provides the representation of company’s financial position at any point in time in the Schedule VI format of Company’s Act. As per Schedule VI format the Balance Sheet displays the balances between the Sources of Funds and Application of Funds.
- Sources of Funds: comprises of Liability and Equity
- Application of Funds: comprises of Current and non Current Assets
In Auditors’ Edition of Tally.ERP 9, all the default Tally Groups are mapped to the Schedule VI Groups to display the Schedule-VI Balance Sheet on click of a button. The option has been provided to reclassify the above default classification as per the Auditor’s requirement without effecting the  Client’s data.
To generate the Schedule-VI Balance Sheet,
Go to Gateway of Tally > Audit & Compliance > Financial Statements > Balance Sheet
The above report displays the Balance Sheet as per the Schedule VI format with the balances against each Schedule VI Group.
3 comments on “Schedule-VI Balance Sheet”
i want it, whats that prices ?
Dear Vimlesh
Schedule VI Balance Sheet comes in Tally Auditor Edition
You can get the Auditors’ Edition of Tally.ERP 9 only if your are a CA.