has the market share in the small to mid-sized business market…this means there are a lot of people using it outside the ProAdvisor realm, end-user if you will. Rhe majority of the time, it is not the business owner – this leaves us as business owners subject to the honesty of the bookkeepers or office managers that are taking care of our bottom line, we hope.
I recently read this post in The Sleeter Group yahoo group (members only group) regarding a thread regarding fraud and QuickBooks. I’m going to stop here for just a second and say I know that I have mentioned The Sleeter Group multiple times in multiple posts but in my (and many other people’s) opinion they are the cream of the crop…look here first if you want training and/or consulting – if you contact them also let them know that I sent you (I don’t get anything out of this btw)..the posts coming through are very very interesting and very ingenious really…I’m going to post one with the permission of the author:
I had a client last
year that the office manager was paying herself an extra
paycheck a month. They were using direct deposit and the owner had decided
that it was too expensive to have me come in and oversee the bookkeeping.
The accountant and he determined this when they printed the W-2’s out.
At that point he hired me again, and I then found more money she had taken.
She had him sign a handful of blank checks before he went on vacation and
then used them once a month to write herself a check. All in all we found a
little over a hundred thousand dollars and she is being prosecuted. Hope this
$100,000 (One hundred thousand dollars) – now, I don’t know about you, but $100,000 is not chump change to me. It took a competent QB ProAdvisor to find this. This thread on the Sleeter Group also delves into and splits into another thread regarding ProAdviors Certification which is something that anyone looking at hiring a ProAdvisor needs to know about.
Within the Intuit’s ProAdvisor group you have a few options:
- Pay your $400+ fee and get the ProAdvisor benefits, this is all it take to become a ProAdvisor
- Pay your $400+ fee and get the ProAdvisor benefits and go through the online training provided, hone your QB skills and become a Certified QuickBooks Proadvisor
Pay your $400+fee and get your Certified ProAdvisor title and continue on to get your Advanced Certified ProAdvisor Certification – To get the advanced certification you have to be certified for the last three years and pass the QuickBooks Advanced Certification Exam..that being said I do know that Intuit has or is revamping this certification process making a very rigorous exam to qualify for this certification that tests not only QB knowledge but accounting subject material as well – this is different than the initial advanced certification qualification.
This is just one of the examples of fraud within the use of QuickBooks that I have seen in the thread…there are so many of them, it’s really pretty incredible.
The purpose behind this particular blog post? Pay attention to your QuickBooks data file if you are the business owner, if you can’t do it, by all means get a competent bookkeeper/accountant to help you but, keep them honest, bring in a Certified or Advanced Certified ProAdvisor to check your data file occasionally to point out discrepancies.
If you are one of those dishonest bookkeeper/accounting people that ProAdvisors are writing in about,…it’s not if you get caught, but when.
Till next time, happy accounting.
P.S. I also want to thank Sharon Vetsch from Oak Lawn, IL for allowing me to repost this story. Sharon can be reached at www.thequickbooksqueen.com or by e-mail at
Thank you Sharon.