The LynasAuditing module is included with the Lynas Server license. LynasAuditing allows users to rapidly develop auditing algorithms to provide tolerance controls and automation of data discrepancy identification.
This function is particularly useful in systems integration and data warehousing projects. LynasAuditing is a key tool used to deliver cost reductions through Tax Optimization initiatives and projects that streamline reconciliation and auditing processes.
Use LynasAuditing to significantly lower the risk of discrepancies or errors in raw data before that data is submitted to regulatory authorities. Reduce indirect compliance costs by identifying and correcting issues prior to data submission. The LynasSPED module includes 200 standard auditing rules that are known to be tested by SPED authorities.
Specific functions for SPED compliance:
I. Basic Auditing
Ensures that information submitted is consistent with the expectations of the SPED regulator. Most validations performed by Government programs (PVA, SINCO, SINTEGRA, etc.) are included.
II. Field Validation
Field Validation enables the review and correction of known errors caused by ERP processes, particularly when disparate systems are integrated. Field validation is parameter-driven, providing flexibility to address validation challenges unique to your business.
III. Advanced Auditing
Incorporate policy settings maintained in Lynas or elsewhere. Provide control for both consistency in data and the accuracy of data values. Common examples include identifying and correcting taxes applied in the transactional system when material use varies from default assumptions.
Advanced Auditing is also used to ensure consistency between the separate SPED Fiscal and SPED Contabil files to be submitted.