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Petty Cash The Right Way

CFO Simplified

At the end of each month, you can reconcile the account by categorizing all the expenses and then making a journal entry to debit the relevant expense account and credit petty cash. President of CFO Simplified, Larry Chester , explained in detail how to do petty cash the right way. What is Petty Cash? You then want to, .

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Advice for Startups from your Financial Partner

BlueLight

myStartUpCFO I recently spoke with finance leaders from a couple dozen startups. These businesses ranged from seed stage companies where the CEO was the finance leader to growth stage companies with an in-house CFO. More and more, I found myself playing the role of an outsourced CFO?—?especially

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Six Key Factors for Building an Expert Professional Services Company

Bramasol

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.)

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10 Best FP&A Software Tools: A Comprehensive Buyer’s Guide [2023]

Onplan

Finance professionals and teams today have numerous solutions available to help them plan, budget, forecast, and analyze financial information. Because OnPlan was designed by financial professionals, it has given the company unique insight into the data modeling requirements of a modern finance department. Batch change capabilities.