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MicaelaPalacios
Level 2

Manual adjusting entries

Hi everyone,

I’m a student researcher from Suffolk University working on a project about automation in accounting workflows, particularly during month-end closing.

I’m collecting feedback from accounting professionals and bookkeepers who work with QuickBooks Online, Xero, or Excel on what types of manual adjusting entries (accruals, prepaids, deferrals, unrealized FX, payroll accruals, etc.) take the most time or cause the most errors.

The goal is to understand where automation could make a real difference in efficiency and accuracy.

If you have 2 minutes, I’d really appreciate your insight here:
https://forms.gle/yZF8uJMCZmWQ4Y9t5

1 Comment 1
FishingForAnswers
Level 10

Manual adjusting entries

@MicaelaPalacios  I suspect that any adjusting entry that poses a significant challenge or annoyance to a competent accountant would be unable to be automated.

 

Likewise, any accountant not competent to easily handle their own adjusting entries would also be incapable of telling if the automation is doing its job properly.

 

If it were otherwise, there would be little purpose in the field of accounting.

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