PYMNTS

AUGUST 12, 2020

In addition, project managers don’t need to find certain projects by general ledger (GL) account code numbers; instead, they can locate them by name. And its technology automatically imports the vendor register, currencies, and vendor accounts. Administrators can also provide some access to the search system to auditors.

Construction 69

Construction General Ledger (GL) Accounts Payable General Ledger 69

The Finance Weekly

NOVEMBER 3, 2021

Account reconciliation is the matching and validating of balances in the general ledger (GL) to internal and external sources or other independent calculations to accurately close month-ends and year-ends. For both internal and external sources, each balance has to match the corresponding account in the general ledger.

Reconciliations 52

Reconciliations General Ledger (GL) Accounting Finance 52

Creative CFP

OCTOBER 2, 2020

There is drill-down functionality available from the general ledger, and you can click right through to the supplier invoice. There is an automatic link to XE.com , so multi-currency transactions are converted automatically to your reporting currency. It makes any query and audit way easier than before.

Accounting 52

Accounting Finance Cash Flow Forecasting General Ledger 52

Centage

JULY 25, 2023

Consolidating your financial data across several general ledgers quickly becomes complicated when you use spreadsheets. Our solution can also streamline the consolidation of entities with intercompany transactions, multiple currencies, journal entry adjustments, and complex allocation schemes.

Budgeting 98

Budgeting Financial Planning and Analysis (FP&A) General Ledger Forecasting 98

Planful

FEBRUARY 16, 2017

At medium to large companies, you could be looking at many different spreadsheets with data sourced from various financial applications, and you have no idea how accurate those numbers are or whether you’ve got the latest version. Year-end close shouldn’t strike fear into your heart, though.

Numbers 40

Numbers General Ledger (GL) General Ledger Financial Reporting 40

Planful

JUNE 22, 2017

Assets, Liabilities, Equity, Revenue, and Expense accounts) from multiple general ledger systems, and mapping it to a centralized chart of accounts. Financial Consolidation is More Than Just Adding Up Numbers. This includes the following: Foreign currency translation. Elimination of intercompany transactions and balances.

Accounting 40

Accounting General Ledger IFRS GAAP 40

PYMNTS

JUNE 29, 2018

“Obviously, with the globalization of the world and the fact that so many countries are involved, companies have to deal with different regulations, languages and currencies,” Kilby said. Physical currency can be problematic for a variety of reasons, though, including that employees might not get the best foreign exchange rates.

Reconciliations 43

Reconciliations General Ledger Foreign Exchange Currencies 43