Payments Review
Test supplier payments where fraud and error leave money: unknown payees, unknown accounts, repeats.
- Ledger + supplier payment listing
How the result is read
Invoices can be clean and the payment still wrong. The payment listing is matched to the vendor master on the vendor and on the bank account actually paid, because a diverted payment keeps the right vendor name and changes only the account. One account paid under several vendors, the same amount paid twice to the same vendor within two weeks, and payments released on a non-working day complete the list. Without a vendor master the master-file tests are not run, rather than reported as failing on every line.
In the application
Payments Review is filed under Purchases & payables, index letter D. "Run all analyses" runs it with every other analysis the ledger and the documents loaded can answer. The worksheet states the population it tested on its face — or "Not applicable" with the reason when a column it depends on is empty — and the Excel workbook the engagement exports files it under D, beside an index of the source files with their SHA-256 fingerprints.
Read it with
Run your next audit file test without the Excel crash.
One free engagement to evaluate, valid 60 days. The ledger never leaves the machine.
- 20 minutes
- Runs on a fictional engagement
- No client data required