Accounting Working Papers: Tools and Templates to Help Streamline Your Validation Processes

You can’t produce special purpose financial reports and income tax returns without using various reconciliation techniques to validate the data-sets.

By checking that the balance that was in the bank account on a particular day can be matched either directly or by understanding any difference such as an outstanding deposit or payment.

Digital Electronic Working Papers are designed to do your heavy lifting when it comes to providing validation and checking of various report end-points.

After importing & classifying your client-side accounting reports, let LodgeiT help you do your reconciliations.

Collaborate with your team and assign multiple reviewers if necessary.

Create working papers by Month , Quarter or Year

See at a glance, what parts of the working papers are yet to be reconciled or checked.

Pending Reconciliation
See at a glance, what parts of the working papers are yet to be reconciled or checked.
Accounts Navigation
Navigate easily through hundreds of client-side accounts if necessary.

Navigate easily through hundreds of client-side accounts if necessary.

Range of financial statement balances.

For computing appropriate report end-point values, LodgeiT is in a class of its own. Integrated directly into the LodgeiT computational architecture are a multitude of useful calculators capable of providing facts that can be used to validate a range of financial statement balances.

Navigate easily through hundreds of client-side accounts if necessary.

Accounts classification

Relationships between client-side account line items are easily and seamlessly established through accounts classification and relationships management.

For financial statement facts that reconcile against some document, simply attach the document for rapid review.

NOTE: Client & team communication directly from the Working Paper Module is coming soon!

Data imports from QuickBooks, MYOB & XERO

On all data imports from Xero & QuickBooks Online get the detailed general ledger detail at the same time. (This feature will be extended to MYOB Accountright Live & MYOB Essentials in due course.)

At LodgeiT, we are committed to automating your compliance work.

We are constantly innovating & improving our electronic Accounting Working Papers Module so be sure to sign-up and try out the tools or check back again soon to see our new features.