Name: CFO
Item: Equility
Rating: 5
Author: imohboy

Group

Software

Finance

Sub category

Accounting

Product tag

Best for

Consultants

SaaS

Task Automation

Integrations

Quickbooks

Operating system

Browser-based

You must redeem your code(s) within 60 days of purchase

Welcome to Equility!

How ready are you for a financial audit?Regulatory RisksWhether 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 RisksProperly allocated financial transactions is difficult and requires detailed analysis of the source data to verify financial accuracy and data fidelity. Documentation RisksAudit costs skyrocket when documents and work papers are not stored properly and easily accessible to auditors.

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

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

Regulatory, source data input, and documentation risks are addressed head-on through 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 <a href="https://www.youtube.com/watch?v=EMB-lgmWvBk&t" rel="noopener noreferrer" target="_blank">here</a> for further insights.

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

Who can use Equility to help ensure their financial compliance?BookkeepersMinimize the time spent on your account reconciliations.Accounting FirmsStreamline your monthly close tasks with our compliance check.Auditing FirmsSave time gathering audit-related work papers and documents.

Get access to Equility now!

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

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

Equility

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