1)MCA audit trail requirement in accounting software:
To give some context, the Ministry of Companies(MCA)has released an announcement that aims to include the audit tracking rule in accounting software. The task of maintaining a change login the accounting software was originally scheduled for April 2022, but has been postponed. Now, from April1,2023,companies will be required to maintain an audit trail for all transactions in accordance with the guidelines issued by the MCA.
Applicability of the Audit Trail(change log)rule-Companies must follow the rule
Audit tracking rules (version log) in accounting software from April1,2023
2)Fresa application audit trail(log edit)feature:
Reviewing the MCA audit trail requirements, Fresa Application is enhanced with an edit log feature that keep suscompliant from the very beginning. The first day. We can leverage this feature for better internal control and be ready when the rule becomes mandatory.
Below wise list of audit tracking(log editing)features in the Fresa Application.
Who we areFresa Technologies Inc is an independent, neutral and professional software company that provides IT and IT enabled services with focus on providing solutions to Freight forwarding and shipping industries.
Fresa Technologies also focus on developing cost effective and efficient Freight Forwarding Software Applications with a user friendly interface and back office solutions. It also focuses on infrastructure and hardware support such as developing & maintaining websites and Mail Services.
Our team comprises of highly skilled individuals, who are experienced architects in designing & developing Freight forwarding & logistics software for over 20 years. They are domain experts and specialize in providing customized, user friendly and cost effective solutions. They focus on enhancing user experience and satisfaction for a sustainable relationship.