Remove Accounting Remove Forecasting Remove GAAP Remove Invoicing
article thumbnail

MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Bramasol

This new post provides a deeper look at how the leasing of medical equipment along with other bundled services or products presents particular challenges for meshing contracts and lessor accounting with DSE management and revenue recognition. According to Allied Market Research, "The global medical equipment rental market was valued at $56.0

article thumbnail

Two CFO-Level Accounting Tools to Add Value to Your Accounting Services

The CFO College

Increase Your Value and Boost Your Services with Two CFO-Level Accounting Tools. Yes, automations can crunch numbers, but there is so much more to providing accounting services than calculations. There are new documents and files that come in on a daily basis (invoices, AP, AR, receipts, etc).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How to create & use pro forma statements

Cube Software

Think of pro forma statements as a monetary crystal ball, a guiding financial forecast. The Securities and Exchange Commission (SEC) requires that discrepancies between pro forma and GAAP-compliant financial reports be explained when released to the public. A pro forma invoice is not a type of pro forma financial statement.

GAAP 40
article thumbnail

Bookings vs billings vs revenue: What’s the difference?

Onplan

Billings are what you invoice your customers. In the case of the example 3-year contract above, your billings are the annual amount you invoiced the customer—$10,000 each year. Of course, you can’t pay salaries with customer invoices either—it’s important to make sure you’re collecting your accounts receivables expeditiously.

GAAP 59
article thumbnail

Bookings vs billings vs revenue: What’s the difference?

Onplan

Billings are what you invoice your customers. In the case of the example 3-year contract above, your billings are the annual amount you invoiced the customer—$10,000 each year. Of course, you can’t pay salaries with customer invoices either—it’s important to make sure you’re collecting your accounts receivables expeditiously.

GAAP 52
article thumbnail

#243 – Becoming a Treasurer Series, Part 24: Languages of Finance: FP&A

Strategic Treasurer

The chapter of discussion “Cash Bootcamp for Treasurers” provides a practical approach to understanding different perspectives of cash, how accounting and treasury can live in harmony and more. What are some of the different ways we look at it in finance, accounting as a view of it? What is it? How does it work?

article thumbnail

Breaking Down the FP&A Function of the CFO Suite

BlueLight

The CEO outsources accounting to a third-party accounting firm and may conduct simple FP&A. The Controller is responsible for accounting and financial reporting. The Controller is responsible for generating the three main financial statements and ensuring these statements comply with GAAP and other regulatory requirements.