The Audit Journals enable an Auditor to pass transactions for Finalisation, Appropriation, Provisional, etc. for below the line items. In Tally.ERP 9 - Auditors' Edition, Journals can be passed for:  • Appropriation of Profit & Loss towards Provisions (Interim/Final Dividend)  • Taxes (Divided Tax, Income Tax)  • Reserves (General Reserve, Debenture Redemption)  • Capital (Redemption of Shares)  • Deferred Tax Liability  • Prior Period & Extraordinary items Benefits :  • Close books of accounts by passing Audit Journal entries  • Ease accounting and tracking of year-end transactions Import & Export of Audit Journal entries : Auditors have the means to export audit journal entries in XML format from Tally.ERP 9 – Auditors’ Edition. This file can be later imported by clients to their Tally.ERP 9. This ensures a quick transfer of observational changes done by an Auditor for the client. Benefits :  • Speeds up transfer of finalisation entries from Auditor to Client  • Reduces manual and repetitive data entry  • Eliminates data entry errors  • Updates Books of Accounts with finalisation entries