According to the notification issued on 24th March, 2021, all the businesses who are using accounting software for maintaining books of accounts should have audit trail feature comprising of the following:
- Recording audit trail of every transactions
- Creating and audit log of each change made in the books of account,
- Capture the date details when such changes (edits) were made,
- Software to ensure that the audit trail cannot be disabled.
Source: tallysolutions.com
