Audit Trail

It should be your objective to keep accurate and verifiable accounts.

For the most part you achieve this by reconciling all Bank and Charge accounts against statements received. This has been described in Bank Accounts under Beginner.

Since you have the ability to make transfers directly between accounts, you need a list of all transfers that do not involve a Bank or Charge account. These are in effect Journal Entries, and if you are subject to external audit you will have to produce back-up justifiaction for each one.

A final requirement is to be able to prove that your accounts are in balance and all entries are posted.

MoneyBox provides all these facilities. Please select the Browse >> button to continue.