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Year-End Close and Reporting: What’s Behind the Numbers?

Planful

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. You and your staff don’t have to worry about which information is correct and/or up-to-date anymore.

Numbers 40
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Avoid these bookkeeping mistakes as a small business owner

CFO Share

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. Impact: Complex GL’s lead to confusion and inefficiency, obscuring vital financial insights.