Schedule III
Why Your Business Needs Schedule III Solutions
As compliance requirements become more detailed, manual financial reporting becomes difficult to manage efficiently. Schedule III solutions help businesses generate structured, accurate, and compliant financial statements while reducing manual effort and reporting errors.
- Faster preparation of financial statements
- Accurate Schedule III formatting and grouping
- Improved compliance and audit readiness
- Reduced manual reporting errors
Customized Reporting Structure
We configure reports and workflows according to your business structure, accounting processes, and compliance requirements.
Tested Before Deployment
All formats, calculations, and reports are thoroughly tested to ensure reporting accuracy and compliance.
Easy Integration With Existing Systems
Integrates with accounting software, ERP systems, and financial applications for seamless reporting workflows.
Training & Support Included
We help your finance team understand the reporting process and use the solution effectively in daily operations.
Not Just Buying Software. You're Getting a Team
When you get this product through Growth Partners, you don’t just get software. You get same-day setup, training in your language, and a support team available 6 days a week. We handle everything — so you can focus on your business
Frequently Asked Questions
What is the Schedule 3 Automation Tool?
Schedule 3 Automation Tool is an excel based tool created to prepare financial statement of Corporate Entities (Non Ind AS category) with the objective to reduce manual effort and save time.
Can we prepare Ind AS Financial Statement in the Schedule 3 Automation Tool?
No, Schedule 3 Automation Tool is specifically designed for Non-Ind AS entities.
Can we prepare Ageing of Debtors and Creditors using this tool?
Yes, there is an add on tool, Ageing Automation Tool to prepare Ageing of Debtors and Creditors as per the requirements of Schedule III. This prepares ageing on FIFO basis, hence even if in Tally accounting entries are not done on Bill to Bill basis, this tool prepares ageing for those cases as well.
Can consolidation be done in Black Horse Tool?
Yes, we can prepare Consolidated Financial Statement with Black Horse Tool. This feature enables us to prepare Consolidated Financial as well as Entity wise columnar Financial can also be prepared. Further, the tool generates Elimination Report for interbranch or intercompany transactions elimination.
Can we calculate Deferred Tax in this tool?
Yes, Schedule 3 Automation Tool has feature to calculate deferred tax using Direct and Indirect Approaches i.e. P&L and Balance Sheet approach respectively.
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