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Workpapers for audit, tax and deal advisory

Tie out the statements. Flag what's off.

Tallyfold reads a client's trial balance, bank statements and contracts, links each figure to the page and line it came from, and sends exceptions to a reviewer.

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Watch a tie-outA 180-page annual report in six minutes
Page intake A reading machine takes each page off a stack onto a bed, where a head sweeps it and frames every figure. Each figure prints into a ledger beside its source value with a tick; one does not match, its row turns red, and a review card runs down into the review tray before the page moves on to the read stack.

Reads the files an engagement runs on

  • Trial balances
  • Bank statements
  • Sales contracts
  • Invoices
  • Tax returns
  • Payroll reports
  • Board minutes
  • Loan agreements

01 / Product

One file for the whole engagement.

Every figure links back to its source. Change one, and every schedule and memo built on it changes too.

Client sources

Search a client's ledgers, contracts and bank feeds in one place

Client sources Six sources stand in a ring around an index of stacked plates: ledgers, contracts, bank feeds, data rooms, models and mailboxes. Each sends its records into the index along its line; then a query comes down onto the index, three entries light, and the answer runs back out to the sources they came from.
LedgersContractsBank feedsData roomsModelsMailboxes
How search works
Test library

Slot a ready-made test into the procedure your firm already uses

Agent rack A rack of ready agents, each a cartridge on a shelf. A selector runs along a shelf and stops on one; it slides out and travels to an assembly bay, where it seats between two steps built by the team, and a run passes through all three. Then it goes back to its slot.
See the tests
One set of numbers

Edit a figure once and the slide, schedule and memo all follow

Same figures A figures sheet is wired to three outputs made from it: a deck slide with a bar chart, a table and a memo. A figure on the sheet is edited, and the change runs out to all three: the bar grows, the table cell and the memo's figure take the new value. Then it is edited back and they follow.
See an example file
Integrations

Link your practice software by API or an open protocol

Records move in both directions. Pull a link and nothing on your side is lost; plug it back in and it syncs from where it stopped.

See integrations
Patch panel A patch panel with two rows of jacks, one for standard protocol links and one for plain APIs, and cables patched in. Records travel both ways along a protocol cable to a system and along an API cable to another. The API cable is unplugged, its light goes off; it is plugged back in, the light comes on and records flow again.

02 / Practices

Set up for three kinds of engagement.

Practice 1 of 3

Audit

Tie the statements to the ledger and the ledger to the bank, line by line.

Tests

  • Revenue testing
  • Bank reconciliations
  • Lease schedules
  • Going concern
More on audit
11,800Figures tied out on one mid-size audit, with 14 sent to a reviewer
Our seniors used to tick and bump for a week. Now they read the fourteen items that didn't tie.
Ada Lindqvist, Audit Partner, Fernhill & Roe

Practice 2 of 3

Tax

Pull figures from returns, payroll and invoices, and check them against last year's file.

Tests

  • Return prep
  • Sales tax
  • R&D claims
  • Provisions
More on tax
3×Returns prepared per manager in busy season
The return and the workpaper agree because they come from the same numbers. Review notes fell by half.
Omar Feld, Tax Director, Pemberly Stone

Practice 3 of 3

Deal Advisory

Rebuild a target's earnings from its data room and show the buyer where each adjustment came from.

Tests

  • Quality of earnings
  • Working capital
  • Debt-like items
  • Data room review
More on deal advisory
48 hrsFrom data room access to a first earnings bridge
Buyers always ask where a number came from. We click it and show them the page.
Lucia Varga, Transaction Services, Hollin Marsh
Audit log A person holds a badge to a reader, which checks their role before the button works. The event runs sealed down a locked wire to a printer, which prints it as a new line on a paper tape: who, what and when. The tape moves on and winds onto a locked spool, so no line can be changed.

03 / Security

Client files stay private.

Client data runs your engagements and nothing else. Tallyfold never trains models on it, and every change is signed and kept.

  • Never used for training
  • Encrypted at rest and in transit
  • Tested by outside firms yearly
  • Access set per engagement
  • Staff security team
  • A record of who changed what
Read the trust page

04 / Results

Hours back in busy season.

Sample numbers from made-up firms in their first year.

Time per task, old way and new
TaskBeforeWith TallyfoldResult
Bank reconciliationPer account40 minPer account5 minEvery account, every month
Revenue cut-off testPer sample3 hoursWhole year25 minAll invoices, not a sample
Lease schedule buildPer leaseAbout 1 hourPer leaseAbout 6 min10x quicker
Return tie-outPer returnHalf a dayPer return45 minHalf the review notes
Earnings bridgePer deal2 weeksPer deal3 daysBid in before the deadline
Bank confirmationsPer clientChased by emailPer clientOne tracked list$140 to $20 a client
64%Fewer review notes per file
I sign off sooner because I can click any number and land on the page it came from.
Jonas BrandtEngagement Partner, Ashgrove Kemp
2.7×Engagements per manager
Busy season used to mean working weekends. This year the team took them off, and the files came out cleaner.
Wren AbernathyHead of Assurance, Tolland Gray

05 / FAQ

What firms ask us first.

Short answers for audit, tax and deal teams.

How soon can we run a real client file?

Most firms run a live engagement within a week. We start from a test in the library and shape it to your method.

Is client data used to train models?

No. Files run your engagements and are deleted when you say so. Access is set per engagement, and each change is recorded with a name and a time.

And if a figure doesn't tie?

Tallyfold marks the row, shows both values side by side and sends it to the reviewer you pick. It never chooses one value on its own.

Can we export the workpapers?

Yes. Schedules, memos and slides export as ordinary spreadsheet, document and slide files, with each source link kept.

Does it work with our practice software?

It links to most ledger and practice tools by API or an open protocol. If yours isn't covered, we build the link with you.

Send one client file. We'll tie it out on the call.

We sent our messiest client. Tallyfold tied out 96% of it before the call ended.
Ada LindqvistAudit Partner, Fernhill & Roe