By the first week of September, most CA firms handling Section 44AB audits are carrying the same problem. The books are done, the client has signed off, and someone still has to reconcile turnover against bank credits before the audit report can be finalised. That reconciliation step, the one Precisa’s bank statement and ITR tools […]
A working capital loan file lands on a VP Credit’s desk at a mid-sized NBFC: three PDF bank statements, a screenshot of a GST portal filing, and a scanned ITR acknowledgment. None of it arrived through an API. This guide sets out what a financial statement analysis API India lenders can trust actually needs to […]
A credit team clearing dozens of applications a week doesn’t need a definition of bank statement analysis. It needs to know what happens inside the system between the moment a PDF gets uploaded and the moment a score lands on the underwriter’s screen. That’s the part vendors tend to skip over in demos. It’s also […]
Lenders and NBFCs that built compliance frameworks on RBI’s 2022 Digital Lending Guidelines are now referencing a formally repealed set of rules. The RBI (Digital Lending) Directions, 2025, issued on 8 May 2025, replaced those guidelines along with two other circulars, added new structural requirements for borrower protection, and tightened data obligations with measurable deadlines. […]
Every few months, someone in a CA firm’s team chat asks the same question: is there something better than Tally out there. The honest answer depends on what’s actually broken. It could be a licence renewal that stings, a client asking for cloud access, or, more often than either, the hours lost re-entering bank data […]
A wealth manager who relies only on a client’s declared net worth statement is working from a document the client wrote, not one the client’s bank wrote. For advisors managing high-net-worth relationships in India, that distinction is the difference between a portfolio built on the client’s story and one built on the client’s actual cash […]
Two identical credits of ₹48,000, dated the same day, sitting one row apart in a bank statement. At Precisa, this comes up often enough in lending and audit files that it deserves a proper answer: a payment gateway retry that reversed itself within a day, or a row someone added to make a thin account […]
Yes, Tally has a cloud version, though it isn’t the browser-native product most people picture when they search for it. Tally Solutions sells its own hosted offering called TallyPrime Cloud Access, and it sits alongside a much larger market of third-party “Tally on Cloud” providers who host TallyPrime on a rented Windows server instead. If […]
Most reconciliation headaches in Tally have nothing to do with the bank statement itself. They start with how it gets entered. A wrong ledger picked in a hurry, a missing instrument number, a payment gateway settlement lumped into one line instead of broken out. None of these look like errors on the day you make […]
In short, a 12 bank account forensic investigation becomes solvable only when accounts are analysed together rather than one at a time. A government fraud investigation team in Hyderabad ran into exactly this problem while reviewing a borrower network suspected of manupulating declared turnover. Precisa’s automated multi-account bank statement analysis compressed a review that would […]
