Frequently asked questions

No. LedgerProof is a preparation aid, not an audit, a review, a compilation, an assurance engagement, or a GAAP-conformity opinion, and it is not a substitute for a licensed CPA or independent auditor. It runs heuristic, GAAP-oriented review procedures to help you find and support likely adjustments before fieldwork. Every finding requires your professional judgment, and the audit opinion itself remains the work of your independent auditor.

No, not on its own. The QuickBooks connection is read-only by default and suggested adjusting entries are export-only. Posting an accepted entry back to QuickBooks is an explicit, per-entry, opt-in action that you confirm, and every such write-back is recorded in the audit log. If you never opt in, LedgerProof never modifies your ledger.

LedgerProof connects to QuickBooks Online via Intuit's official OAuth flow. It reads your chart of accounts, trial balance, general ledger, and transaction detail. You can also upload off-book support such as loan agreements, lease schedules, fixed-asset registers, and prior-year workpapers to strengthen the review.

The connection is read-only by default, and your QuickBooks access and refresh tokens are encrypted at rest. LedgerProof requests only the access it needs to run the review and generate workpapers, and you can disconnect QuickBooks at any time, which revokes the connection.

The review procedures are heuristic. They may flag items that are actually correct (false positives) and may miss items that need adjustment (false negatives). Dollar impacts, materiality classifications, and proposed entries are estimates derived from the data available to the tool and any schedules you upload. Treat findings as a prioritized worklist to review with professional judgment, not as conclusions.

Yes. LedgerProof produces an indexed, cross-referenced workpaper package — a locked trial balance, lead schedules by caption, reconciliations, roll-forwards, supporting schedules, and an adjusting-entries summary — in the format auditors expect. It is designed to make their fieldwork faster, not to replace it.

There's no perpetual free plan. Every plan starts with a 14-day free trial — no credit card required — and there's a public live demo you can explore anytime with no signup. Starter is $49 per month and unlocks LedgerProof, fully featured, for one company: the complete GAAP check library, materiality scoping, all schedules and the full workpaper package, uploads and parsing, AJE drafting, clean (un-watermarked) exports, optional gated write-back, and the audit log. Suite is $199 per month and adds all 11 TechForCFO tools and up to 3 connected companies. Bookkeeping starts at $549 per month and adds a dedicated bookkeeper on top of the Suite.

Your data is retained for as long as your account and its engagements are active so you can revisit and re-export workpapers. You can delete an engagement or your account at any time, and disconnecting QuickBooks revokes ongoing access. Contact us if you need a specific retention arrangement.

Yes. Paid plans are month-to-month (or annual if you choose) and you can cancel anytime; you keep access through the end of the current billing period. After that, your account becomes read-only — dashboards and prior workpapers still render, but writes, exports, and syncs are paused until you resubscribe. There are no long-term contracts.

No, but you do need accounting knowledge to interpret the findings. LedgerProof is built for finance professionals — controllers, fractional CFOs, and finance leads — preparing for an audit or a financial review. Because findings are heuristic and require professional judgment, you should involve a qualified accountant or CPA where appropriate.

Write-back lets you post an accepted adjusting entry back to QuickBooks. It is optional and off by default — you opt in per engagement. Each posting is a separate, explicit action that you confirm entry by entry, and every write-back is recorded in the audit log so there is a complete trail of what was posted and when.