TF
ThynkFile

Use Case

Streamline Statutory Audits with ThynkFile

From receiving the client's Trial Balance to delivering a complete ROC filing package — reduce the per-client statutory audit workflow from 8–15 hours to under 60 minutes.

The Audit Workflow with ThynkFile

Six steps from Trial Balance to filing-ready package. Every step trackable, every output auditable.

1

Upload Client Trial Balance

2 minutes

Receive TB from the client via Tally export, Zoho, QuickBooks, or Excel. Drag-drop into ThynkFile. The parser handles group headers, sub-totals, and formatting automatically.

2

Review AI Mapping

5–10 minutes

The 3-layer engine maps 85%+ of GL lines to Schedule III taxonomy nodes. Review the flagged items, apply corrections. Your firm memory learns from every correction.

3

Generate Draft Statements

30 seconds

One click generates Balance Sheet, P&L, Cash Flow, Notes to Accounts, and CARO annexure. All formatted per Schedule III Division I or Division II.

4

Review & Adjust

15–30 minutes

Drill down from any line item to the underlying GL entries. Make adjustments, add supplementary data (fixed assets, ageing, related party), and regenerate instantly.

5

Export for Client Approval

1 minute

Export financial statements as PDF or DOCX. Share with client for review and sign-off. Track versions and maintain audit trail.

6

Generate Filing Package

2 minutes

Once approved, generate the complete filing package: XBRL instance document, Board’s Report, AOC-4 form data, and download as ZIP.

Time Savings Calculation

8–15 hrs

Manual workflow per client

< 60 min

With ThynkFile per client

90%

Time saved per engagement

For a firm with 60 clients: Manual workflow takes 480–900 hours per filing season. With ThynkFile, the same work takes roughly 60 hours — freeing 400+ hours for advisory work, new clients, or simply avoiding the September burnout.

Complete Audit Output

Balance Sheet (Schedule III Div I & II)

Statement of Profit & Loss

Cash Flow Statement (Indirect Method)

Notes to Accounts (30+ disclosures)

CARO 2020 Annexure

XBRL Instance Document

Board's Report (55-65% auto-fill)

AOC-4 Form Data (~90% auto-fill)

Filing-Ready ZIP Package

All FeaturesFiling Season Use CasePricing

Start your next statutory audit with ThynkFile

Free for the first 3 companies. No credit card required.

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