Accounting
Audit Trail
Definition
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4 Related Terms
What is Audit Trail?
Audit Trail is a chronological record of all changes made to accounting data, including who made the change, when, and what was modified. It provides transparency, accountability, and helps detect fraud or errors. Audit trails are crucial for regulatory compliance and financial audits. In Tally, audit trail feature (mandatory in India) tracks all alterations to vouchers, masters, and configurations, with detailed reports available for review.
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