What it does

01

Automated Error Detection

Instantly identify inconsistent transactions and exceptions, reducing manual review time and ensuring accuracy.

02

Division 7A Loan Detection & Guidance

Detect potential Div7A loans, highlight compliance risks, and provide step-by-step guidance on preparing required schedules.

03

Tax Deductibility Insights

Clarify the deductibility of expenses, such as distinguishing between capital and revenue legal costs, ensuring correct tax treatment.

04

Prior Year Comparison & Variance Alerts

Flag discrepancies between current and prior-year figures to help prevent errors and identify potential tax risks.

05

Automated Client Query List

Generate a targeted client query list based on trial balance and general ledger analysis, minimising unnecessary WIP and streamlining review processes.

06

Guided Compliance Checklists

Generates guided checklists that are specifically tailored to the accounts and issues identified within each client file, ensuring a precise and efficient review process.

How it works

Upload Financial Data

Easily upload trial balance and general ledger into LedgerOptic for automated processing.

Automated Issue Detection & Queries

The virtual assistant scans the data, flags potential issues, and generates intelligent client queries.

Receive Actionable Insights

Receive clear guidance on resolving flagged items, client data requests, and relevant ATO references.

Get Early Access

Sign up now to be the first to try LedgerOptic and transform your accounting process.

Made by accountants for accountants