Overview - What this does (and doesn’t) do
The Accountant’s Reviewä XE "Accountant’s Reviewä"
meets a need reported by users of
earlier versions of QuickBooks. This
feature, added with QuickBooks 5, allows your
accountant to review your data and make
accounting entries while you continue to
enter daily business transactions.
The review is accomplished
by generating a specially labelled backup
copy to be taken to the accountant’s
office. This file must be processed
with another copy of QuickBooks 5 to make the
necessary entries. An updating file is
returned to the client’s office, and the
journal entries are merged into the active
company file.
This system has
limitations. The accountant can do
little more than make general journal
entries. While the review copy is out, a
few restrictions are placed on the main copy
of your company file. These are removed
when the system is updated with the return of
the updated copy.
As this book goes to press
in the fall of 1997, QuickBooks remains a
single-user program, and the Accountant’s
Review does not provide a work-around. It is, however, an improvement on the former method of having the accountant take a regular backup copy, effectively eliminating any entry to QuickBooks until this could be reviewed, changed, and restored.
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