The Charity CFO

FEBRUARY 4, 2022

Do a Google search on nonprofit bookkeeping, and you’ll find page after page of articles on nonprofit accounting. Because while nonprofit bookkeeping and accounting are related, they’re not the same thing. A bookkeeper records and organizes financial data; an accountant interprets and presents that data. . And that’s a problem.

Nonprofit 98

Nonprofit Invoicing General Ledger GAAP 98

PYMNTS

NOVEMBER 2, 2018

An expansion of its existing integration will introduce enhanced General Ledger Interface mapping via Accountant Connect, allowing accountants to seamlessly link into and interface with QuickBooks and other accounting platforms to manage their small business (SMB) clients’ finances.

General Ledger 62

General Ledger Accounts Payable Benchmarking Compliance 62

PYMNTS

MARCH 4, 2020

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. Efforts to modernize procurement and accounts payable are also opportunities for data integration with the ERP.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

Future CFO

SEPTEMBER 26, 2022

Finance has also invested heavily in technology to reduce time to close, with three technologies deployed by more than half of functions already: general ledger technology, a financial close solution, or workflow automation, Gartner said. 86% said they wanted a faster, real time close. 68% mentioned they want a cheaper close.

Finance 52

Finance General Ledger Reconciliations Auditing 52

PYMNTS

AUGUST 5, 2016

There is seemingly no end to the discussion of how automated accounting can improve a business’ performance. The market is on the cusp of a groundswell of adoption of these technologies, says Therese Tucker, CEO of accounting solutions firm BlackLine , after a long lull among mid-market firms.

Accounting 42

Accounting Reconciliations General Ledger Auditing 42

Michigan CFO

JUNE 14, 2022

In the United States, a comptroller is a senior-level executive in charge of an organization’s accounting operations in the public sector. They all play vital roles in the financial industry, overseeing revenue estimation, accounting, tax collection, treasury, etc. Some of their general responsibilities are highlighted below.

General Ledger 40

General Ledger CFO Budgeting Accounts Payable 40

CFO Thought Leader

SEPTEMBER 17, 2023

How do you make all of the compliance requirements a lot easier to manage for legal and finance teams?” We now have a full platform, with a general ledger, that we’ve built ourselves. Read More This, of course, translates into, “Well, how do you help employees to exercise their options?

CFO 52

CFO General Ledger Finance Communication 52

Bramasol

JANUARY 18, 2024

This new post provides a deeper dive into the key issues involved with optimizing end-to-end Order-to-Cash (OTC) and revenue recognition compliance for SaaS offerings. Bramasol takes a unique approach to combining specific SAP BRIM applications with revenue compliance to give companies the exact features they need.

Compliance 74

Compliance SAP General Ledger B2C 74

Bramasol

AUGUST 31, 2023

Over the past eight years, many episodes in this blog series have focused on revenue recognition and how SAP solutions such as Revenue Accounting and Reporting (RAR) have provided a robust foundation for compliance with ASC 606 and IFRS 15. This provides the basis for real-time matching of revenue and cost.

SAP 90

SAP Accounting Reconciliations General Ledger 90

BlueLight

JULY 16, 2020

In these conversations, I observed each finance leader had a different perspective and approach with their financial accounting partner. I caught up with Sandeep Shroff, Co-Founder and CEO of myStartUpCFO , an accounting firm that provides on-demand full-stack CFO services for startups. How do software tools fit into your operation?

Startups 52

Startups CFO Reconciliations General Ledger 52

The Charity CFO

APRIL 25, 2024

For nonprofit organizations, accounting comes with a lot of complexity. Categorizing transactions, reporting income, and meeting compliance requirements can be overwhelming. About The Charity CFO The Charity CFO is an accounting firm specializing in serving nonprofits through outsourced accounting and fractional CFO services.

Nonprofit 52

Nonprofit Accounting CFO Auditing 52

Future CFO

SEPTEMBER 21, 2020

Accounting is the language of business. He acknowledged having taken “a lot of” accounting courses over the years and understanding the language has rewarded him well financially. As he puts it rightly, accountants must elevate their roles to that of strategic partners. Because it is expected of them.

Accounting 52

Accounting Technology Mergers and Acquisitions (M&A) Leadership 52

https://trustedcfosolutions.com/feed/

NOVEMBER 30, 2022

The right accounting software should give you a competitive edge, delivering a range of accounting capabilities unique to your SaaS business. Quantitative and qualitative data should be able to flow seamlessly into the accounting system through a robust ecosystem of vendors.

General Ledger 108

General Ledger Compliance Finance Forecasting 108

Bramasol

NOVEMBER 13, 2023

For example, at Bramasol we made a decision over a decade ago to focus on SAP finance solutions for the office of the CFO, with a specific emphasis on the new revenue recognition compliance requirements in ASC 606 and IFRS 15. For more on alternative approaches, read the next section.)

SAP 77

SAP General Ledger IFRS Compliance 77

Spreadym

JULY 10, 2023

The financial close process, also known as the accounting close process or month-end close, is a series of steps undertaken by an organization to finalize its financial records for a specific accounting period. Deferrals, on the other hand, involve postponing the recognition of revenues or expenses to future accounting periods.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52

CFO Talks

FEBRUARY 20, 2024

Farhaan discusses the critical aspects of his role, emphasising the shift from traditional accounting to strategic and operational involvement across business sectors. Farhan holds a BCom and a number of postgraduate diplomas in accounting from the University of Johannesburg. Farhaan: We speak of CFOs as traditional accountants.

CFO 52

CFO Leadership Accounting Finance 52

Planful

FEBRUARY 16, 2017

That being said, they’re not an appropriate solution for enterprise accounting or financial reporting. These systems are designed to automatically load data from multiple general ledgers (GL) and other sources – both on-premises and in the cloud. Regulatory Compliance: Yes, It Can Be Easy.

Numbers 40

Numbers General Ledger (GL) General Ledger Financial Reporting 40

CFO Share

SEPTEMBER 23, 2023

Overcomplicating the General Ledger and Chart of Accounts. The Perils of Overcomplicating Your General Ledger Mistake: Creating a general ledger (GL) account for nearly every type of expense. GL accounts are easy to create but difficult to get rid of. Contact us for a free consultation.

General Ledger (GL) 52

General Ledger (GL) General Ledger Accounts Payable Communication 52

Onplan

NOVEMBER 30, 2022

Users report that locked versions change as accounts, level structures, or simple formula calculations change, which can be frustrating for less tech-savvy budget owners. Centage Budget Maestro: You can use Centage Planning Maestro in conjunction with Centage Budget Maestro for your general accounting software needs.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Forecasting Planning 52