Is "TYPE: QUICKBOOKS CO: INTUIT PAYROLL S" fraud?

Written by Julian Sanchez

June 18th, 2024

Medium Risk

What is "TYPE: QUICKBOOKS CO: INTUIT PAYROLL S"?

Intuit, founded in 1983, is a company that provides financial and business management solutions, including QuickBooks, its well-known accounting software. QuickBooks has been available since 1992 and offers various products designed to assist small and medium-sized businesses with their accounting needs. These products include QuickBooks Online, QuickBooks Desktop, QuickBooks Payroll, QuickBooks Payments, and QuickBooks Self-Employed. Each product serves different aspects of business operations, such as bookkeeping, payroll management, invoicing, and expense tracking. QuickBooks also integrates with numerous third-party applications, allowing for expanded functionality and customization based on specific business needs.

**TYPE: ** Transaction type category

**QUICKBOOKS: ** Software used for the transaction

**CO: ** Company identifier

**INTUIT: ** Name of the company processing the transaction

**PAYROLL: ** Type of service or purpose of the transaction

**S: ** Status or subtype indicator

Verify if this transaction is fraud in 30 seconds

Verify With Receipt

The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for.

Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn't match.

STEP 1

Connect your Email

Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.

STEP 2

Connect Your Bank

Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.

STEP 3

Reconcile

Reconcile the charges reported by your financial institution against what you've recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.

Click for help from our team

fightfraud@simplywise.com

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