Audit trail: definition, example, and why it matters
Required for tax audits and dispute resolution. Includes who created/edited/voided each invoice and when. Glo Invoice preserves the full audit trail automatically.
Short definition. A complete chronological record of every change made to a financial document.
Category. Audit trail is a accounting term used by service businesses when billing customers.
How Glo Invoice handles it. Glo Invoice builds audit trail into the invoice itself, so you don't track it on paper or in a spreadsheet.
Frequently asked questions
What does audit trail mean?
Required for tax audits and dispute resolution. Includes who created/edited/voided each invoice and when. Glo Invoice preserves the full audit trail automatically.
Related terms
Void invoice — An invoice cancelled by zeroing its total while keeping its record.
Invoice — A document a business sends a customer requesting payment for goods or services.
