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Financial audit is the objective examination and evaluation of an organization's financial statements to ensure that the transactions of the financial records are fair and accurate as claimed. There are 5 maintenance functions related to financial auditing in Workcube.

Path: Control Panel > System > Maintenance > Financial Audit

Almost all companies are subject to an annual audit of their financial statements, such as the income statement, balance sheet, and statement of cash flows.

The auditor performs various tests to verify that financial records are complete and fairly represent the financial results and condition of an organization. will do. These tests may include tests of controls, transaction tests, analytical procedures, and balance tests. Financial audits are generally performed for a company's financial statements, but may also target more specific areas such as tax records.

There are 5 maintenance functions associated with the Financial Audit module in Workcube. Let's examine them one by one.

Accounting Vouchers That Do Not Hold Debits and Receivables

Some of the issued accounting vouchers may be missing depending on the debit-credit situation. When fewer or more receipts are issued than necessary, this creates a debit-credit mismatch. The "Accounting Vouchers Not Holding Debit Receivables" page is used to detect accounting vouchers in this situation.

The period is selected and problematic vouchers can be detected by clicking on the run button.

Note: How to perform operations on the accounting vouchers pages is explained in the article titled "Accounting Vouchers".

Accounting Vouchers with No Transactions

With this page, it is possible to identify and delete accounting vouchers that do not have any transactions in the system. It generally occurs when documents that carry out accounting transactions are deleted. It is recommended to check ledger submissions before fiscal year transitions.

Account Control Report

"Account Control Report" is used to check the status of the accounts. First, an account number must be entered. The records in the report resulting from the search need to be checked.

Note: Detailed information about charts of accounts can be obtained by reading the article titled "Accounting Chart of Accounts".

Current Transactions Without Transactions

Current Transactions without any transactions can be determined from this page. Current transactions can be arranged by using the There may be some accounts. In fact, these are transactions that are left exposed when the account is somehow deleted after seeing activity. It is possible to obtain these results according to the company and accounting period.

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About Workcube Objects

Accounts with Transactions but not Listed in the Account Plan

It lists the accounts that see activity even though they are not included in any chart of accounts.

Type: Maint Version: Catalyst v7 Licence: Standard Author: Workcube Core