Accountants Access: Connecting Your CPA and Your Financial Accounts

As part of the client accounting services we provide, Senter CPA requests access to certain bank information to help ensure timely and accurate reports. As such, obtaining what we call accountants access helps us save time performing services and thus saving our clients money. With accountants “view-only” access we can retrieve statements and view checks payable, as well as the added capability to record, organize and analyze business transactions. With client accounting services, you are able to make better and timelier decisions, perform tax planning and feel confident in your numbers.

Rest assured, we don’t want full-access to your accounts, nor should you trust other outsourced advisors with such access. This is why it’s in the best interest of our clients and our team to obtain accountants access or view-only access to bank accounts, credit cards, loans or other various accounting related accounts. 

Why Do We Need Access?

As accountants, we need on demand access to ensure we provide excellent service, while allowing you to focus on what you do best and grow your business.

Is It Secure?

It’s very secure. We do not want the ability to transfer funds, pay bills or move money, except in cases where we are engaged to do so. To ensure excellent service, we only want read-only or view-only access to provide the extra layer or transparency and security.

Benefits of Accountants Access:

• Ensure bank and balance sheet reconciliations are a breeze
• Saves both client and accountant time
• Saves client money with efficient service
• Allows accountants to provide more timely and efficient service
• Aides in timely reports and on demand client reports
• Aides in best tax planning practices
• Aides in timely compliance and filing of tax returns

Not all institutions are created equal when it comes to providing access to third parties. Surprisingly enough, there are still large banks who do not offer the capability to add users to an existing account. There are also times when our firm has to work with a banks IT department to establish connection, but thankfully most banking institutions have the view only access capability waiting for the correct authorization from the account holder and can be set-up in minutes.