![]() You have the ability to remove authorized signers and grant individuals online “View Only” access to one or multiple accounts.Select “Account Access Management.” You will see an overview of employees who have been added to your account.When you visit the Wells Fargo page, navigate to the small business section.With Wells Fargo, you have the power to give an accountant or bookkeeper View Only bank account access through Wells Fargo’s Account Access Manager. “View only access”: choose your bankįollow these steps, depending on which banking institutions you bank with. Whether you’re a current Fusion CPA client or simply interested in optimizing your financial relationships, this guide to granting “View Only” bank access can help you safely share important information with your CPA. In case of audits or financial inquiries, having our CPAs already familiar with your records can simplify the process, and save you time. Your assigned CPA can monitor your financial activity for anomalies. It allows for easier financial monitoring: Granting view-only access facilitates better collaboration with us as your financial partners.This will ultimately help you make more informed financial decisions. This includes, timely tax planning, customized insights, and the ability to spot opportunities or issues as they arise. It allows your CPA to offer you proactive guidance : With continuous access to your financial data, we can offer proactive advice and strategies to optimize your financial situation.Real-time access ensures accurate and up-to-date financial records, making tax preparation, financial planning, and decision-making more efficient and precise. It allows for greater efficiency and accuracy : Providing your accountant with direct access to your bank accounts streamlines financial management and reduces the risk of errors.Here’s why it’s beneficial to share view-only bank account access with your CPA partner. That’s why we’re excited to delve into the importance of granting your CPA View-Only Access to your bank statements and offer comprehensive guidance on how to do so safely. We understand the significance of ensuring that your financial data is not only accurate but also easily accessible to those who need to know more. Our CPAs have years of credibility in the field and take their oath to honor data privacy, to heart. Your accountant can create business plans, prepare your taxes, and create financial reports with this information. Looking at your bank statement is the best way to gather accurate information regarding expenses, income, and cash flow for bookkeepers. As your trusted financial partner, Fusion CPA needs a holistic view of your business to ensure that we target the biggest areas of concern first, and fast. Like any long-lasting relationship, trust and transparency are the cornerstones of success. This will allow your accountant to see statements and check images but they will NOT be able to make transactions or transfers, pay bills, or move YOUR money. You must personally decide how much information and access you give to your accountant, but the most common practice is to grant them “View Only” access. However, it can become tricky when dealing with bank accounts. When it comes to your business finances, you need to be able to trust your accountant.
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