21 Oct AuditMyBooks
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Everyone makes a mistake now and then. Sometimes finding them is like looking for a needle in a haystack. Manual reviews can take hours and are outdated as soon as you record a new transaction.
AuditMyBooks Analyzer offers free check-up scans for more than a dozen possible accounting problems. It’s simple to use and fast enough to run regularly. Get started with AuditMyBooks today!
No one thinks twice about using anti-virus software to protect their computer from hackers.Shouldn’t your money get the same level of protection?
Even a monthly scan of your QuickBooks file with AuditMyBooks Analyzer reduces the chance of accounting errors & fraud.
Fraud & accounting errors are problems that often go unchecked in small businesses. The Association of Certified Fraud Examiners (ACFE) estimates that fraud cost U.S. businesses nearly $2.9 trillion last year, and that more than 30% of the cases investigated occurred at SMB’s with less than 100 employees. Businesses of this size suffer the highest median loss at nearly $150,000 per occurrence and 25% of the cases exceed $1 million in losses. When fraud is committed, it takes an average of 18 months or more to discover.
Even when fraud is impossible, accounting errors can still potentially be a big problem. Accounting experts say 60% of errors result from “simple bookkeeping mistakes or misapplication of easily understood accounting standards”. Are you sure that sales tax entry is correct?
AuditMyBooks Analyzer automatically scans QuickBooks accounting records to detect accounting errors & possible fraud.
Secure & simple enough to use daily, weekly or at month end close… you choose.