In this article, we are going to set up our Client profile which will allow us to later connect to the Client’s accounting systems to Audit Sight and get started with testing.
What is a Client?
A client is the top level organization that is engaging your firm for services, for example an audit or due diligence services.
Under a Client, you can create multiple entities. Entities are the multiple legal entities that are owned by your client. If your client has multiple accounting systems, you will need to create an entity for each accounting system. For example if your client used separate accounting systems for their US and Canada entities, you would set up a QuickBooks USA and QuickBooks Canada entity in order to ingest data from the different accounting systems.
What do I need to get started?
All you need is the legal entity name of your client. To get started follow the directions below.
Step 1: Adding a Client
If this is your Firm’s first time using Audit Sight, you will need to add the first client by navigating to the “Clients” section in the sidebar. From here click the + Client button
Step 2: Add Client Details
Fill in the blanks with your Client’s details. Only the Client name and Industry are required. Address is optional however if you start the address section, you must provide a complete address.
After you have completed the form, click “Save Client” and you will be prompted to add a Client Contact.
Step 3: Adding a legal entity
After creating the overall client, you can create the legal entities within the client by clicking Add new entity. You will be prompted to invite a Client Contact which will be explained in the following steps.
Note: If your client has multiple legal entities under the same accounting system, you should add an entity in Audit Sight for each legal entity inside the accounting system and separately integrate the financials. Refer to our accounting integration guide for more information.
Step 4: Adding a Client Contact
The Client Contact should be an individual at the Client who has the authority to provide access to their accounting records and banking information.
Once saved, you can choose to invite your client, or you can wait until you have configured your engagement. Note: for your clients to connect their accounting systems, they do not need to be invited to Audit Sight. Connections can be done via email.
To edit your Client’s information or send the invitation, click on the Pencil icon. To delete the Client altogether, click on the Trash icon.
Step 5: Monitoring Client Contact Status
You can monitor the status of your Client Contact in the Contacts section of the sidebar. In case the Client Contact did not receive their first invitation, you can resend the invitation.
Client Contacts who have activated their account will show a status of “Active” or “Invited” if otherwise.
Once a Client account has been set-up, you can now begin integrating Audit Sight with the client’s banking and accounting systems. Refer to Knowledge Base Article: Financial Integrations.