Qvinci is a financial management and reporting dashboard. There are two components to Qvinci:
The Qvinci Dashboard
- A dashboard which allows for thousands of QuickBooks and other accounting files to be sync'd into a centralized repository.
- Allows for consolidation, benchmarking/comparisons, side-by-side comparisons, vertical analysis, etc., reports to be run on one, many, or all files.
The Qvinci Sync Application
- A small download which is installed on the same machine where the accounting software is installed.
- Syncs non-fraud sensitive data into the dashboard for reporting purposes.
QuickBooks Desktop users will download the Qvinci Sync Application to the machine where their financial software is installed. QuickBooks Online and Xero users will make direct connections to data files from inside their Qvinci account.
Once the user goes through a "Linking and Syncing" process, copies of the data will transmit into the dashboard. Future sync processes can happen automatically, depending upon the financial data software and the user's operating system. Reports are available immediately after syncing. Syncs may happen at set times, automatically, or multiple times a day, depending upon the user's preference.
Disparate charts of accounts can be automatically mapped into a Standard Chart of Accounts, for normalized reporting. Reports can be viewed in the organic chart of accounts, or in the Standard Chart of Accounts, by toggling between them.
Users are granted visibility to Qvinci by the Qvinci Administrator or Qvinci Business Manager(s). Users may be given access to only one, some, or all locations. This prevents Users from seeing other User's financial data, when needed.
Qvinci does offer multi-currency conversions. Qvinci utilizes XE for currency conversion rates. However, currency conversions only take place for QuickBooks Desktop syncing locations. QuickBooks Online, Xero, AccountRight and Excel locations will not have currency conversions take place.
Have additional questions? Contact a Qvinci Support Specialist via LiveChat