Abstract: In a system and method for auditing transactions where a set of image based transactions are received over a communications network, and stored in a central data store, the set of image based transactions are associated with a unique identifier associated with a user. A transaction format is identified from the set of image based transactions, utilizing a processor to apply a preprocessing to the set of image based transaction based on the identifying. The preprocessed image based transactions are processed into a series of text based transactions, wherein each image based transaction has a related text based transactions and each text based transaction has a plurality of data representing the transaction. The plurality of data for each text based transaction is stored and a quality identifier is associated with each text based transaction. An identifier is applied to a text based transaction based on the quality identifier.