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📘 Keeper Accruals Overview

Automate your accruals with intelligent presets, source-linked schedules, and audit-ready documentation.

Updated today

🔍 What Is Keeper Accruals?

Keeper Accruals transforms one of the most tedious and error-prone parts of the month-end close—managing accruals—into a fast, automated, and auditable process.

With Keeper, you can replace disconnected spreadsheets and manual calculations with a centralized, rules-based system that handles:

  • Prepaid Expenses

  • Fixed Assets

  • Accrued Expenses (coming soon)

  • Revenue Recognition (coming soon)

  • Payroll (coming soon)


🚦 Eligibility Requirements

Keeper Accruals is currently available only to QuickBooks Online (QBO) customers and is limited to those based in the United States.


If you are using a different accounting platform or are located outside the US, you will not be able to access the feature at this time.


❌ The Problem with Manual Accruals

Most accounting firms still rely on spreadsheets to track and recognize accruals, which leads to:

  • 🔄 Manual entries and errors: Formulas break, schedules go out of sync.

  • 🔍 No audit trail: Difficult to trace back entries or prove accuracy.

  • 🧩 Disconnected source data: Supporting documents live in separate folders or apps.

  • 📆 Missed or inconsistent posting: Schedules may be forgotten, reversed twice, or applied inconsistently across team members.


✅ What Keeper Accruals Solves

Before Keeper

With Keeper Accruals

Spreadsheets for each client

One centralized system

Manual monthly entries

Automated journal entries

Ad-hoc tracking

Defined presets & rules

Weak audit trails

Source-linked audit documentation

Missed reversals

Schedule-based posting


🛠️ How It Works

1. Setup

  • Create Close tasks for accrual types (e.g., Prepaid, Fixed Assets).

  • Pull in assets directly from your general ledger.

  • Ingest your existing schedules via CSV.

  • Set up presets to define:

    • Recognition periods

    • Source and destination accounts

    • Amortization logic

2. Automate

  • Apply amortization methods:

  • Define custom recognition schedules.

  • Keeper calculates and posts journal entries each month based on your defined rules.

3. Post & Review

  • Every journal entry includes:

    • Recognition logic

    • Source documentation

    • Audit history (who created it, when it posted, etc.)

  • View accruals in your Close workflow with full traceability.

  • Edit schedules, reverse entries, or cancel future postings—all with proper controls.


🌟 Key Benefits

  • 📉 No more spreadsheets
    Manage all accruals in Keeper with version control, audit history, and shared team access.

  • 🧾 Audit-ready by default
    Each entry includes backup, source transaction links, and full amortization history.

  • 🧠 Intelligent presets
    Set up once and apply rules consistently across clients and team members.

  • 🔄 Seamless integration
    Accruals live inside your Close workflow—no extra tools or file uploads needed.

  • ⚡ Close faster
    Automate recurring entries and remove the risk of missed or late postings.


📦 Supported Asset Types

Category

Examples

Fixed Assets

Computers, vehicles, machinery, buildings

Prepaid Expenses

Insurance, software, rent, training


👋 Need Help?

Questions? Reach out to us at help@keeper.app.

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