Accountant Review Checklist

Date

Initials

Task

Client: Create Accountants’ Review file for Accountant by choosing File > Accountant’s Review > Create Accountants’ Copy.  Determine where the file should be saved (for example to the desktop if it is to be e-mailed, to a diskette is that is the preferred method of transfer, etc.).

Client: Forward file to the Accountant along with any other necessary information, supporting documents, explanations, etc.

Accountant: Begin Using Accountants’ Review Copy to create a data file to use for analysis and processing by choosing File > Accountant’s Review > Start Using Accountant’s Copy. 

Accountant: Keep manual listing of additional changes client will need to make (i.e. changes to preferences, changes to procedures for future coding, other items to be discussed with the client, etc.).  It is possible to use the “To Do Notes” feature in QuickBooks for this function as well.  Choose Company > To Do List.

Accountant: Choose File > Accountants’ Review > Continue Using Accountants’ Review Copy until work is complete. 

Accountant: Choose File > Accountants’ Review > Export Changes for Client.  Determine where the file should be saved (for example to the desktop if it is to be e-mailed, to a diskette is that is the preferred method of transfer, etc.). 

Accountant (optional): Export any report templates for memorized reports that have been created so that the client can import them for future use by choosing Reports > Memorized Report List > Memorized Report > Export Template.

Accountant: Forward the file(s) to the Client along with any instructions, notes, reports to double check once the file has been imported, etc.

Accountant: Based on firm procedures, print reports or create a back up of the data file to save as documentation of the work performed.

Client: Choose File > Accountants’ Review > Import Changes

Client (if applicable): Import report templates for memorized reports created by the accountant by choosing Reports > Memorized Report List > Memorized Report > Import Template.

Client: Perform additional tasks per list (or to do notes) from Accountant. 

Client: Confirm account balances agree with Accountant.

Client: Confirm that the closing date has been entered by choosing Edit > Preferences > Accounting > Company Preferences.