Quickbooks internal control feature

Written by Reed Tinsley | April 28, 2008

In quickbooks, make sure the "audit trail" button is turned on so you can see changes made to original transactions (you can find this under company preferences). Quickbooks does not automatically have this checkmarked and you have to do it manually. The exception is if you use the online version of quickbooks, which does automatically turn on and use the audit feature.

This is a basic internal control for any medical practice using quickbooks. It allows you to see for example a check written to a person and then changed to a name of a common vendor to conceal the theft.

About the Author

Reed Tinsley CPA

This article is written by Reed Tinsley, a Houston, TX-based CPA with over 30 years of experience advising physicians and medical practices across Texas and the United States. Reed holds certifications as a Certified Valuation Analyst (CVA), Certified Healthcare Business Consultant (CHBC), and Certified Financial Planner (CFP), specializing exclusively in the healthcare sector. He is a published author, nationally recognized speaker, and trusted advisor to physicians on accounting & tax, practice management, and financial planning. Schedule a Free Consultation.

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