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Bank Account Changes Report Showing Contact's Name - Downloadable as a PDF

Would like a report showing a list of bank account number changes. This would show original bank account number, new bank account number, contact's name, date the bank account number was amended and who amended the bank account number and to be able to print this as a pdf. This would be of great benefit because of fraud and also our Auditor has asked if we can produce a list of bank account number changes for a selected period.

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Maree Foster shared this idea  ·   ·  Report…  ·  Admin →
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  • Justine Driver commented  ·   ·  Report

    Also, can there be an online authoriser to approve that the new bank account number or contact details have been changed correctly - so not just a print out and signed copy - but released and authorised by another xero user the changes are correct.

  • Kate Derrick commented  ·   ·  Report

    Can this please be prioritised by Xero as it is a requirement for many organisations to assist with the management of fraud.

  • Ruth Grealy commented  ·   ·  Report

    I've had auditors with me this week requesting that I supply a report from Xero outlining any/all changes to bank account details of suppliers and contacts. Being unable to comply isn't the best feeling. I am hoping that Xero will develop the capability to provide an audit report in the near future.

  • Reece Jory commented  ·   ·  Report

    Note you can achieve this somewhat using the History and Notes Report (under Advanced menu in accounting). Filter on Contact as the item and then search Bank Account. While it doesn’t show the contact name it does have a hyperlink to the contact that was changed. A reasonable solution until such information is available in a proper report format.

  • Carla Strachan commented  ·   ·  Report

    This is part of good business and reduces risk of fraud. It would be amazing to have such a report.

    Thanks

  • Peter van Hout commented  ·   ·  Report

    It is essential that a business owner checks and approves changes to bank account numbers when these are made for any existing or new contacts to avoid fraud being completed by someone.

  • Anna Rutherfurd commented  ·   ·  Report

    This would be very helpful report to help protect fraud risks for clients, and very much supported by auditors to have available.

  • Maxine Bird commented  ·   ·  Report

    For schools that are audited this is critical to ensuring that the bank account changing is transparent and clearly able to be audited.

  • Coy's Constructions commented  ·   ·  Report

    Yes! Absolutely critical. It's one of the most common aspects of fraud - changing bank details. We need to be able to track this.

  • Kelly Prevost commented  ·   ·  Report

    It is critical internal control to have this information available. It is great to have the notification emails when employee bank details are changed. Why at least can't we have the same for Suppliers? It would be so easy for an accounts administrator to change the bank details of a supplier to their own account. My clients are crying out for this notification. If we could produce an audit report with all bank account changes detailing who made the changes this would be fantastic.

  • Pip Palmer commented  ·   ·  Report

    Would be great for internal controls and for the auditors to be able to test some of the changes

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