What is the QuickBooks Audit Trail and Why Should You Care?
The QuickBooks Audit Trail is a built-in feature that records all changes made to transactions within a QuickBooks company file. It's an invaluable tool for accountants, bookkeepers, and business owners who need to track the history of transactions, identify who made changes, and see what specific adjustments were made. This ensures accountability and transparency in financial management. How the QuickBooks Audit Trail Works QuickBooks automatically logs every modification to your transactions, including changes to: Transaction amounts Dates Customer or vendor details Payment methods Any other significant financial details For every transaction in your QuickBooks file, the audit trail records the following details: User : Who made the changes Date : When the change occurred Original and New Values : What was changed This comprehensive log helps auditors, accountants, and business owners maintain accurate records and track any suspicious or incorrect activity in the company file....