Transaction Intelligence — Complete Walkthrough
A 14-step guide to tracing financial results to their source — from selecting your review purpose through transaction risk review, drill-down, pattern analysis, and the final Transaction Intelligence report.
Step 1 of 14 — Welcome to Transaction Intelligence
Transaction Intelligence teaches you to determine exactly which transactions, customers, vendors, journal entries, or activity created a financial result. This module is designed for deep-dive reviews: M&A due diligence, quality of earnings, anomaly detection, and operational investigation.
Step 2 of 14 — Select Review Purpose
Choose the purpose of your review: General Transaction Review, Revenue Analysis, Expense Analysis, M&A / Due Diligence, Quality of Earnings Support, Anomaly Review, Customer Concentration, or Vendor Concentration.
Step 3 of 14 — Select Reporting Period
Choose your review period: a specific month, quarter, full year, trailing 12 months, 24 months, or 36 months. For M&A and quality of earnings work, 24–36 months is recommended.
Step 4 of 14 — Confirm Transaction-Level Data
A strong transaction analysis requires: date, account, amount, debit/credit indicator, vendor, customer, invoice number, journal entry reference, memo, department, entity, and the user who posted the entry.
Step 5 of 14 — Set Materiality
Materiality thresholds help focus the review on transactions that are large enough to matter.
Step 6 of 14 — Run Transaction Intelligence
The engine scans for: unusual journal entries, large transactions, duplicates, round-dollar entries, period-end postings, weekend postings, new vendors, new customers, revenue spikes, expense spikes, customer concentration, vendor concentration, margin anomalies, and manual entries.
Step 7 of 14 — Review the Transaction Risk Dashboard
Exceptions are ranked by risk level: High Risk, Medium Risk, and Review Suggested. Start with the highest-risk items.
Step 8 of 14 — Open an Exception
Click any exception to open the transaction detail view. Review: transaction date, account, vendor or customer, invoice number, journal entry reference, amount, and any available supporting detail.
Step 9 of 14 — Trace the Transaction
Follow the drill-down path: Financial Statement → Account → Subledger → Transaction → Journal Entry → Supporting Evidence.
Step 10 of 14 — Review Customer and Vendor Patterns
Identify concentration, unusual growth, new relationships, high transaction volume, and recurring exceptions.
Step 11 of 14 — Analyze Trends
Review monthly and quarterly activity, historical averages, the largest transactions in each period, and any unusual periods.
Step 12 of 14 — Classify Findings
Assign a status to each exception: Confirmed Issue, Explanation Received, Normal Business Activity, Needs Further Review, or Resolved.
Step 13 of 14 — Attach Supporting Evidence
Associate documents with each exception: invoices, contracts, purchase orders, bank support, approvals, or other evidence.
Step 14 of 14 — Generate Transaction Intelligence Report
The final report summarizes: material exceptions, transaction anomalies, customer concentration, vendor concentration, revenue observations, expense observations, journal-entry observations, and evidence.