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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

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The Basics of Nonprofit Bookkeeping

The Charity CFO

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. . Invoicing .

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How Complex Are Your Business Finances?

https://trustedcfosolutions.com/feed/

In that case, you may be looking for more powerful real-time accounting solutions to provide you with a better view of your entire operation and help with things like taxation, HR, multiple currencies, and more. Secure access to your key data from anywhere, at any time, because your accounting solution is cloud-based.

Finance 104
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How to create & use pro forma statements

Cube Software

The answers—based on different sources of data like market research or historical sales information—guide internal decision-making to promote regular, sustainable growth as well as create contingency plans for worst-case or best-case scenarios. While GAAP statements are required for public companies, pro forma financials are not.

GAAP 40
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Bookings vs billings vs revenue: What’s the difference?

Onplan

Looking at bookings will help you understand the trajectory of your business’ revenue growth and financial health, and how well your sales team and product offerings are performing. Billings are what you invoice your customers. According to GAAP standards , revenue can only be recognized once it is ‘earned’.

GAAP 59
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Bookings vs billings vs revenue: What’s the difference?

Onplan

Looking at bookings will help you understand the trajectory of your business’ revenue growth and financial health, and how well your sales team and product offerings are performing. Billings are what you invoice your customers. According to GAAP standards , revenue can only be recognized once it is ‘earned’.

GAAP 52
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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.