Why Keeping Transaction History Intact Matters
Have you ever wished to see a chronological list of all your QuickBooks activity? With the QuickBooks audit log report, you can keep track of added, deleted, and modified transactions, as well as user entries. The audit log feature allows you (and any other viewer with access rights) to see history of changes made to individual transactions or a range of multiple transactions. Tracked changes also include: changes to the chart of accounts or products and
Upgrading Your Auditing & Accounting Prowess
Amid increasing attention on how internal auditors can evolve in their positions, a newly published survey of stakeholders offers some valuable insights on best practices. Not surprisingly, a focus on strategic planning and risk management within auditors’ organizations is key. The survey report by the Institute of Internal Auditors Research Foundation and global consultancy Protiviti is based on responses from 1,124 participants in 23 countries. About a third
IRS Lien Notices Known to Get to the Wrong Addresses
The IRS sent tax lien notices to the wrong addresses for taxpayers even though the agency had the correct addresses in its system, according to a July report by the U.S. Treasury Inspector General for Tax Administration (TIGTA). Though the agency re-sent the notices, the incorrect mailings were potentially illegal because the IRS is required by statute to notify taxpayers at their last known address within five days of filing Form 668(Y)(c), Notice of Federal Tax Lien. IRS…
