
- Have you been looking for a way to detect problems that may be lurking inside a clients' QuickBooks data file?
- Has the ownership of your client expressed some concern about the quality of the work being done by their bookkeeper?
- Are there any reasons to believe that some shenanigans (i.e. theft or fraud) may be occurring at a client site?
If your answer is yes to one or more of the above, you owe it to your practice to take a closer look at AuditMyBooks, which is called "add-on software for QuickBooks".
BAD THINGS CAN (AND DO!) HAPPEN TO GOOD BUSINESSES
Don't want to believe that theft, fraud and other embezzlement schemes could happen to your clients? Take a closer look at these true stories of theft, fraud and other schemes have happened at various businesses and organization.
HOW AUDITMYBOOKS CAN HELP
AuditMyBooks was designed to automate and simplify the process of double-checking QuickBooks company files for problems.
It was created by a team of professionals with expertise in: QuickBooks, financial auditing, accounting systems and information security. They saw a need for a cost-effective and easy to use solution that helps small businesses (and of course, their accountants) identify suspect financial transactions and proactively reduce business risk.
HOW DOES AUDITMYBOOKS WORK?
AuditMyBooks is an "app", so it can be securely accessed from any computer with an internet connection.
- You create an account at the Intuit App Center
- Choose the AuditMyBooks app
- Select the QuickBooks data file that you want to review and connect it to AuditMyBooks
- Let the AuditMyBooks software run the scan and then report back to you what it found
There is a free trial of AuditMyBooks available so you can "try before you buy".
WHAT TYPE OF FEEDBACK DOES AUDITMYBOOKS PROVIDE?
Once the scan of the QuickBooks data file is complete, the AP Analyzer then provides a 17 point feedback system, that covers such critical findings within the accounts payable and check-writing areas as:
- Rounded payment amounts
- Duplicate checks
- Duplicate bills
- Above average bill payment amounts and frequency
- Checks written to cash
- Unapplied vendor credits and more
The findings can easily be exported to Excel from the AuditMyBooks report screen.
In addition, each of the "tests" that AuditMyBooks runs can be calibrated to your specific needs and requirements.
NO IT GEEK NEEDED OR ACCOUNTING DEGREE REQUIRED
The AuditMyBooks process is explained in clear terminology so that anyone can understand how it works and how to use it.
Setting it up to connect with a QuickBooks data file is not complicated - you simply browse to the folder where it resides and connect from there.
VERSIONS AND PRICING
AuditMyBooks has been designed to connect very nicely with businesses and accountants by offering two different versions:
- Business Edition: Normally runs $199 per year, but as of this posting is running at a special price of $99 per year. Ideal for the business owner that wants to keep tabs on their accounting department.
- Accountant Edition: The starter pack, which includes 1 demo subscription, 1 client subscription and free training runs $199. Each client file beyond that runs $49.
THE AUDITMYBOOKS TEAM
I have been quite fortunate to work with them as part of their affiliate program. This has allowed me to watch the software grow into a very helpful tool that can be used across many businesses and industries that are using QuickBooks.
The best thing that could happen is that you use AuditMyBooks and find out your books (or those of your clients) are in good shape to put everyones' mind at ease.
Just think of the benefits to everyone of using AuditMyBooks and discovering problems before they burst into something really bad...I think they would call that "priceless"...
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