Hi, everyone, what’s the most common accounting error you see clients make?
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All of the above and lately I see more of just hitting post to the AI suggestion in QBO. In an audit I just did all the credit card sales income were categorized as owner’s contribution. The bookkeeper said it was AI’s recommendation and she accepted all recommendations without questioning it.
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Ouch! I have seen AI make to many mistakes to ever just trust what it says. You have to use your brain as well!