Would you allow your Bookkeeper to sync their Quickbooks with Your Bank Account?
 

Would you allow your Bookkeeper to sync their Quickbooks account with Your Bank Account?

What are the risks of allowing this sort of access?

I would think that MOST people are not comfortable with that sort of access.

How say you?

You can get your own license of QuickBooks and then grant access for your license to any accountant or bookkeeper.

At the end of the day, they need the data to do their job correctly. If you are uncomfortable with them using their own license, it's very easy and fairly cheap to get your own.

#1. Bookkeepers never have "remote" access.

#2. No third party software is allowed to plug into the bank account.

true, even spouse are not meant to use cards & the amount of times on phone calls for our joint account, we cannot speak for each other until they have been granted confirmation by either of us, the rightful account holder :2 cents:

When you say "No third party software is allowed to plug into the bank account"

Can you please elaborate on how this process works?

Is it 100% Safe? Pros vs Cons ?

Thanks for the Feedback, I appreciate it.

There is two things what book keeper can do - bookkeeping and account management.
First one does not require bank account access while second it does, but i think it's not needed unless you have thousand of bills which you need to pay each month.

Aside from these paranoid fucks on here, yes, in the real mainstream world, that is very common to reconcile the books to the penny, saves the bookkeeper time.

I am not sure of your question. Simply put, there are basic security (precautionary) measures put in place.

Only the Directors signing on the accounts, know the passwords, pins, and physically possess the associated mobile phone (for receiving SMS pin codes) and the electronic security devices that generate the one time use security code. Only they are permitted to log into the accounts, and it must be from a specific dedicated computer in the office.

Bookkeepers conduct their work physically in our offices, using digital files we generate for them, which are read from dedicated computers located in our offices.

Hope that helps.