CFO

In progressapp.erp.io/cfo/tax

Tax and audit

Views that help you prepare. Nothing here files anything, computes a statutory liability, or replaces an adviser.

Filing
None
Computation
Not statutory
Audit
Preparation views
Adviser
Still required

What is here

  • Provision views — the ledger arranged so a tax provision can be prepared from it.
  • Audit preparation — the schedules an auditor asks for first, assembled from posted data.
  • Data governance — where figures come from and which are provisional.
  • Documents — a place to keep the supporting material together.
app.erp.io/cfo/audit
Audit preparation

Year to 31 March 2026

Trial balance and lead schedules
From the ledgerReady
Bank reconciliations
12 of 12 monthsReady
Debtor and creditor listings
From the ageingReady
Fixed asset register and depreciation
From the registerReady
Accrual and prepayment support
3 entries lack a descriptionOutstanding
Signed board minutes
Not held in the systemYou
Audit preparation. The schedules assembled from posted data, with what is still outstanding.

What is not here

This does not compute or file your tax

There is no tax engine. Nothing computes a statutory liability under any jurisdiction's rules, applies allowances or reliefs, or submits a return to any authority. What the module provides is your own posted data arranged so that the person who does compute your tax has less work to do. Treat any figure here as management information, not as a tax computation.

This page is marked In progress because the preparation views are useful and incomplete — they cover the schedules most commonly asked for and not the full set an auditor may want.

Making an audit easier

  1. Reconcile monthly, not annually. Twelve reconciled months is the single biggest determinant of how long an audit takes.
  2. Write real descriptions on journal entries. "Adjustment" costs an hour each when somebody has to ask.
  3. Lock periods. An auditor who can see that a period was closed and not reopened asks fewer questions about it.
  4. Keep support with the entry. An attachment on the journal entry is found; a file in a folder is asked for.
  5. Do not reopen a closed period without a reason you can state. See Close.

What this does not do

No tax computation

No jurisdiction rules, allowances or reliefs.

No filing

Nothing is submitted anywhere.

No VAT or sales tax returns

Tax is recorded in the ledger; returns are prepared elsewhere.

Incomplete audit schedules

The common ones, not the full set.

No auditor access role

An auditor is a member with module access, or works from exports.

Questions

Can our auditor have access?

Invite them and remove every module except what they need. See Module access.

Does it handle VAT?

The ledger records it. The return is prepared outside.

Is the provision view reliable?

It is your own posted data, arranged. The provision itself is your adviser's work.