Simplify Your Data Import Process
Audit Sight’s Data Conversion Services provide a seamless way to format and import client data into our system. This paid service is designed to save you time and reduce frustration when handling complex data extraction and formatting challenges.
When Should You Use This Service?
This option is ideal when:
✅ You don’t want to spend time formatting data. Let our team handle the tedious work so your team can focus on higher-value tasks.
✅ Your client is struggling to extract data. We can assist with the extraction process and document it for future audits.
✅ You have multiple clients on an industry-specific accounting system. We can automate the data import process for all of them, saving significant time year after year.
How It Works
Step 1: Upload Your Data
Provide the relevant client data, which typically includes:
- General Ledger with all journal entries for the period you want to test.
- Comparative Trial Balance with account balances at the beginning and end of the same period.
- If needed, a general ledger with beginning and ending account balances.
Step 2: Provide Background Information
Include any relevant context in the notes section of the upload. This helps us understand your needs and deliver accurate results.
Step 3: Review With an Account Manager
Within one business day, your assigned Account Manager will reach out to clarify any questions we might have.
Deliverables: What You’ll Receive
Upon completion, you can request a data book workpaper containing:
📌 Monthly Balance Sheet
📌 Income Statement
📌 Comparative Trial Balance
📌 List of Journal Entries
Bonus: System-Specific Extraction Guide
With help from a client contact, we can also create step-by-step instructions on how to extract data from your client’s system, making future audits easier.
Full Automation Option
If this is a recurring need, we can build end-to-end automation for a one-time setup cost.
FAQ: Frequently Asked Questions
⏳ What is the expected turnaround time?
- If the data is already available in CSV or Excel format, the turnaround is typically 2 business days from when all data is received.
- Your Account Manager will provide an estimated completion time once the data set is submitted.
💰 What is the cost for this service?
- Pricing varies by contract. Initial kickoff and scoping calls are free of charge.
- If the data is provided in CSV format with clear identifiers, we estimate completion in under 2 hours.
- Billing is capped at 5-hour increments. If additional work is needed beyond 5 hours, you will have the option to continue or stop the project.
📁 What are best practices for getting data from the client?
- Have the client provide reports in CSV or Excel format.
- Ensure column headers are clearly labeled and unique transaction IDs are included.
🖨 Can you convert PDFs?
- Yes, but manual extraction may be required. These engagement may exceed the 5 hour cap
- We use automation tools where possible, but manual work will be billed at the standard rate.
- Your Account Manager can provide an estimate.
📊 What is the minimum amount of data needed?
-
A General Ledger report that includes:
- Beginning and ending balances for all accounts.
- All account activity for the period (must include transaction dates).
- Alternatively, we can use a Comparative Trial Balance and Journal Entry List if a General Ledger is not available.
🏦 Can you convert banking data?
- Yes! You can either upload PDFs directly under the PDF bank statement page or use our bank transaction template in our Audit Sight File upload template.
- If it’s a quick five-minute task, our data conversion team can assist with copying and pasting the data into the correct format.
- Our data conversion service team does not convert banking data.
- For more information on foreign currency see Mulit Currency Projects
Get Started Today
Ready to simplify your data conversion process? Contact your Audit Sight Account Manager to discuss your needs or submit a request in the platform!
