Monday, September 26, 2011

QuickBooks: The Audit Trail

As you begin to think about the end of the year clean-up, you may need to become a detective and drill down to locate specifics.... especially deletions and modifications. This can be a cumbersome task, but using a good tool -- THE AUDIT TRAIL -- will make it less so.

The Audit Trail is the tool QuickBooks uses to automatically track all the additions, deletions, and modifications made to transactions in your data file. The audit trail ensures that an accurate record of your data is maintained.

How do I create this report?
1. Go to the Reports menu and click Accountant & Taxes.
2. Click Audit Trail

What happens to audit trail information when you clean up the data file?
During the file clean-up process, QuickBooks removes all audit trail information tracked for transactions deleted during the clean-up process.

The Audit Trail report lists each accounting transaction and any additions, deletions, or modifications that affect that transaction.

3 comments:

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irs tax attorney said...

Thanks for showing us how to track and manage audit trails on quickbooks. I can manage better this time around.

Emilee T. Leeper said...

Managing finances is a cumbersome task. Softwares such as Quickbook help a lot in making life easier in managing finances.