Innovate Net

Innovate Net

Posting Accuracy Check

Targeted verification that approved invoices hit the correct GL accounts, cost centers, and tax codes before they lock into the ledger.

Who it is for

Teams that closed AP quickly and want assurance postings match the chart of accounts

What you receive

Exception list of misposted entries with suggested correcting journals

Included

  • Comparison of approved invoice coding to posted entries
  • Review of tax code and withholding treatment for sampled vendors
  • Cost-center allocation spot checks for shared services invoices

Not included

  • Rewriting your chart of accounts
  • Bank reconciliation

How the work runs

  1. Agree sample window and materiality threshold
  2. Pull posting reports and source invoices
  3. Trace exceptions and draft correcting notes
  4. Deliver exception workbook to your accountant