Equility

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    One-click financial accuracy verification for QuickBooks Online (+ automate your bank recs!)

    Verify your financial statement accuracy with one click.

    Transform small-business financial compliance through real-time analysis of cloud-based financial statement accuracy.

    Introducing Equility.

    TL;DR

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    Ensure financial compliance with a single click through Equility
    Get real-time analysis of cloud-based financial statement accuracy

    At-a-glance

    Overview

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    All you need to do is click once and you'll immediately gain peace of mind.

    How ready are you for a financial audit?

    Regulatory Risks

    Whether through ignorance or a lack of resources, being in non-compliance can lead to hefty penalties and interest assessments by the IRS.

    Source Data Input Risks

    Properly allocated financial transactions is difficult and requires detailed analysis of the source data to verify financial accuracy and data fidelity.

    Documentation Risks

    Audit costs skyrocket when documents and work papers are not stored properly and easily accessible to auditors.

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    Regulatory, source data input, and documentation risks are addressed head-on through Equility.

    How it works with QuickBooks (Compliance Check)

    Once Equility is connected to your QuickBooks Online account, we review your financial statements for a wide range of potential issues, including but not limited to:

    • Bank & Credit Card Reconciliation Status
    • Depreciation & Amortization Entries
    • Uncategorized Asset Listings
    • Undeposited Funds Balance
    • Entity-based Equity Allocations
    • S-Corp Payroll Regulations
    • Clearing Accounts / Uncategorized Transactions


    Our platform then provides you with a financial review summary, which can be reviewed in-house or downloaded as a PDF to share with clients or financial professionals.

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    Automate the financial review process to make your life easier with Equility.

    How it works with QuickBooks (Account Reconciliation Wizard)

    We use our proprietary algorithm to compare your bank register transactions in QuickBooks Online to those on your bank statement.

    We then compare the transactions in QuickBooks Online against those on your bank statement.

    Before you know it, Equility will return your results, provide suggested matches, and allow you to add any missing transactions directly into QuickBooks Online.

    Check out the demo video here for further insights.

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    Check out our product roadmap in action.

    Who can use Equility to help ensure their financial compliance?

    Bookkeepers

    Minimize the time spent on your account reconciliations.

    Accounting Firms

    Streamline your monthly close tasks with our compliance check.

    Auditing Firms

    Save time gathering audit-related work papers and documents.

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    No matter your use case, Equility is here for you.

    Get access to Equility now!

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