https://trustedcfosolutions.com/feed/

MARCH 26, 2023

If you’re ready to conquer the end-of-month chaos, follow along in this blog series as we dive into the ins and outs of the month-end close. Reconcile accounts: Once you’ve reviewed all transactions, you’ll need to reconcile and account for all transactions. Make sure everything is accurate and there are no discrepancies.

General Ledger 62

General Ledger Accounting Invoicing Financial Data 62

Creative CFP

NOVEMBER 2, 2020

The cash flow statement in context The profit and loss statement, discussed in an earlier blog, provides information on the revenue and expenses over a certain period of time. This is used alongside the balance sheet, which gives a snapshot of the financial health of a business. In essence, profits do not always equal cash.

Profit and Loss 52

Profit and Loss Cash Flow Forecasting Invoicing CFO 52

The Charity CFO

FEBRUARY 4, 2022

Prepare the data accountants used to create income statement, balance sheet, and cash flow statement. And beyond invoices and bills, the nonprofit bookkeeper must record bank deposits, manage donor acknowledgment letters, make adjusting bank entries, review the accuracy of their data, and reconcile bank and credit card statements. .

Nonprofit 98

Nonprofit Invoicing General Ledger GAAP 98

CFO News Room

NOVEMBER 5, 2022

Advisors will want to review the impact of the SECURE Act on the various classes of beneficiaries, including eligible designated beneficiaries (who can still qualify for ‘stretch’ status) and non-eligible designated beneficiaries (who are required to withdraw the entire account balance by the end of the 10 th year after death).

Mergers and Acquisitions (M&A) 130

Mergers and Acquisitions (M&A) Profit and Loss Investments Valuation 130