CORAA
ಲೈವ್ ಡೆಮೋ ಬುಕ್ ಮಾಡಿಉಚಿತ ಪ್ರಯೋಗವನ್ನು ಪ್ರಾರಂಭಿಸಿ
AI Modules/Engagement Setup/ಲೆಡ್ಜರ್ ವರ್ಗೀಕರಣ
4-Dimensional Classification· सेटअप

ಲೆಡ್ಜರ್ ವರ್ಗೀಕರಣ

Classify ಲೆಡ್ಜರ್‌ಗಳು under ICAI ಮಾರ್ಗದರ್ಶಿlines once. Year 2 opens with zero ಲೆಡ್ಜರ್‌ಗಳು to reclassify.

CORAA ಲೆಡ್ಜರ್ ವರ್ಗೀಕರಣ across four statutory dimensions

Every ವೌಚರ್ in the books has four statutory consequences: which TDS section applies (192 to 206), which TCS section (206C variants), which GST nature (ಇಲ್ಲrmal, RCM, Composition, Exempt, Nil-rated), and which Schedule III ಸಾಲು code (A1 Equity Capital through P9 Other Expenses). CORAA captures all four classifications in one ಲೆಡ್ಜರ್ ವರ್ಗೀಕರಣ exercise. AI auto-classifies roughly 80 percent on first ingest; the ಆಡಿಟರ್ confirms the residual. Mappings persist year-on-year.

  • Four statutory dimensions in one exercise: TDS, TCS, GST, Schedule III
  • AI auto-classifies ~80% of ಲೆಡ್ಜರ್‌ಗಳು on first ingest
  • ಆಡಿಟರ್ confirms or overrides the residual 20%
  • One-click acceptance for AI suggestions with ≥90% confidence
  • Mappings persist across financial years
  • ಪ್ರತಿ ಗ್ರಾಹಕನಿಗೆ ನಿಯಮ ತೂಕಗಳು ಹೊಂದಿಕೊಳ್ಳುತ್ತವೆ ಎಂಗೇಜ್‌ಮೆಂಟ್
Two paths, one ledger

The old way, and ours.

Two paths to the same audit conclusion. One leaves traces; the other doesn't.

Traditional

The old way

  • -ಆಡಿಟರ್ classifies ಲೆಡ್ಜರ್‌ಗಳು from scratch every financial year
  • -TDS section, GST nature, Schedule III ಸಾಲು maintained in separate Excel sheets
  • -Inconsistencies between sheets create ಸಮನ್ವಯ effort downstream
  • -Senior partner re-explains classification logic to article assistants annually
First ಆಡಿಟ್ classification: 4-6 hours of partner time. Repeats every year.
CORAA

On the Ledger

  • Single ಲೆಡ್ಜರ್ ವರ್ಗೀಕರಣ screen captures all four dimensions
  • AI pre-classifies ಲೆಡ್ಜರ್ names against ICAI Standards on ಲೆಕ್ಕಪರಿಶೋಧನೆ guidance
  • Year 1: 30-45 minute review of AI suggestions
  • Year 2: typically zero ಲೆಡ್ಜರ್‌ಗಳು requiring reclassification
  • ಆಡಿಟ್ log preserves who classified what and when, per SA 230
Year 1 classification: under 45 minutes. Year 2 onwards: typically under 5 minutes.
How it works

Three steps. Every trace logged.

Step 01

AI pre-classifies on ingest

After the ERP data ingests, the AI reads every ಲೆಡ್ಜರ್ name and narration pattern, then proposes classifications across TDS section, TCS section, GST nature, and Schedule III ಸಾಲು. Each suggestion shows a confidence score.

Step 02

ಆಡಿಟರ್ reviews and confirms

The ಲೆಡ್ಜರ್ ವರ್ಗೀಕರಣ screen lists ಲೆಡ್ಜರ್‌ಗಳು grouped by confidence band. Above 90 percent confidence: one-click accept all. Between 70 and 90 percent: review individually. Below 70 percent: requires explicit ಆಡಿಟರ್ classification.

Step 03

Mappings persist year-on-year

Classifications are stored against the ಎಂಗೇಜ್‌ಮೆಂಟ್, not the year. ಮುಂದೆ year's ಆಡಿಟ್ opens with the same ಲೆಡ್ಜರ್ names already classified. The ಆಡಿಟರ್ reviews only what changed: new ಲೆಡ್ಜರ್‌ಗಳು, renamed ಲೆಡ್ಜರ್‌ಗಳು, or ಲೆಡ್ಜರ್‌ಗಳು where Schedule III mapping shifted.

Inside the module

What you actually get.

TDS Section dimension

Maps every applicable ಲೆಡ್ಜರ್ to its TDS section under the ಆದಾಯ ತೆರಿಗೆ ಕಾಯ್ದೆ: Sec 192 Salary, 194A Interest non-bank, 194C Contractor, 194I Rent, 194JB Professional, 194Q Goods Purchase, 194R Perquisites, 206AB ಇಲ್ಲn-filer higher rate. Drives Form 3CD Clause 34(a).

  • ›Threshold checks per section
  • ›Rate verification (10% Bldg, 2% P&M for 194I, etc.)
  • ›Lower-deduction certificate (Sec 197) handling
  • ›Sec 206AB non-filer flagging

TCS Section dimension

Maps sale ಲೆಡ್ಜರ್‌ಗಳು to TCS sections under Sec 206C: 206C(1) Scrap, 206C(1F) Motor Vehicle over ₹10L, 206C(1G) Overseas remittance, 206C(1H) Sale of Goods over ₹50L buyer-wise.

  • ›Buyer-wise cumulative threshold tracking for 206C(1H)
  • ›Per-invoice threshold for 206C(1F)
  • ›Form 27C zero-rate declaration handling
  • ›Sec 206CCA non-filer higher rate

GST Nature dimension

Classifies each ಲೆಡ್ಜರ್ by GST nature: ಇಲ್ಲrmal (ITC eligible), RCM (reverse charge), Composition (no ITC), Exempt, Nil-rated, Zero-rated (exports), Blocked (Sec 17(5)), ಇಲ್ಲn-GST.

  • ›Section 17(5) blocked credit detection
  • ›RCM applicability per Sec 9(3) / 9(4)
  • ›Rule 36(4) ITC limit ಶುಲ್ಕds from this classification
  • ›Used by Form 3CD Clause 44 GST-wise break-up

Schedule III Line dimension

Maps every ಲೆಡ್ಜರ್ to its Schedule III ಸಾಲು code per ಕಂಪನಿಗಳ ಕಾಯ್ದೆ 2013 Schedule III. Division I (Indian GAAP / AS) for most entities; Division II (Ind AS) for listed and large unlisted. Drives Balance Sheet, P&L, ಕ್ಯಾಶ್ ಫ್ಲೋ, ಖಾತೆಗಳಿಗೆ ಟಿಪ್ಪಣಿಗಳು, ಮತ್ತು ratios.

  • ›~90 line codes from A1 Equity through P9 Other Expenses
  • ›ಚೌಕಟ್ಟು selector toggles between Division I and Division II
  • ›Current vs non-current split for amendment 2021 ageing
  • ›Mapping tab on Schedule III WP is read-only from this classification
Frequently asked

Answers, up front.

CORAA reads ಲೆಡ್ಜರ್ names, group hierarchy from the Chart of Accounts, and narration patterns from sample ವೌಚರ್‌ಗಳು. It matches against a dictionary of ICAI-aligned classifications built from prior ಎಂಗೇಜ್‌ಮೆಂಟ್‌ಗಳು ಮತ್ತು Standards on ಲೆಕ್ಕಪರಿಶೋಧನೆ guidance. Each proposal carries a confidence score from 0 to 100. Above 90 is high-confidence; the ಆಡಿಟರ್ can accept all such suggestions in one click.
Mixed-purpose ಲೆಡ್ಜರ್‌ಗಳು need split classification. CORAA flags these as 'optional GST classification' and lets the ಆಡಿಟರ್ either subdivide the ಲೆಡ್ಜರ್ ಅಥವಾ apply GST at the ವೌಚರ್ level rather than the ಲೆಡ್ಜರ್ level. For Schedule III mapping, ಲೆಡ್ಜರ್‌ಗಳು can split between two lines with a percentage allocation.
If the GL Code is the same and only the name changed, the classification persists by code. If a new GL Code appears, it shows up as 'unclassified' and the ಆಡಿಟರ್ classifies it once. The ಆಡಿಟ್ log captures the rename event.
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Ledger Classification AI | TDS, TCS, GST, Schedule III in One Setup | CORAA | CORAA