Chart of accounts
Growing companies usually have growing charts of accounts. These charts can become so complex to the point of no longer making sense to the business, to the accountant, or to a standard AI-powered accounting system. Kaunt offers a state-of-the-art automated analysis of account charts, showing you how to simplify them – making it more useful and valuable for everyone.
With Kaunt you can reduce the risk of inefficient use of your accounts and get a complete overview of all accounts, how they are used now and how they have been used historically. A simplified chart of accounts will help organizations understand where to improve the account setup.”
Mads Ellersgaard Kalør, CTO
– Kaunt
A simpler chart of accounts supports correct accounting
You will have a clearer overview
It’s easier to make cost analyses
Identifies potential accounting errors
Fewer accounts makes it easier for Kaunt to detect patterns for learning
You can delete dead and inactive accounts
The Kaunt account analysis looks at your total chart of accounts and suggests where accounts can be merged or skipped altogether. The aim is to identify and create stronger historic data. One account with 50 posts is a better source for predictive information than 10 accounts with five posts each.
Kaunt scans the chart of accounts to locate accounts seldomly never or used.
Kaunt is able to locate identical invoices that have been posted on different accounts.
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