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

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

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

Planful

OCTOBER 20, 2015

When you begin the process of closing, you start by exporting trial balance data out of the general ledgers or ERP software and collect the data into spreadsheets that have to be reviewed and processed manually. However, as the number of people who work with these spreadsheets grows, more and more errors are introduced into the data.

General Ledger 40

General Ledger Accounting Standards Auditing Currencies 40

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. All of this is then saved securely on the cloud. There is an automatic link to XE.com , so multi-currency transactions are converted automatically to your reporting currency.

Accounting 52

Accounting Finance Cash Flow Forecasting General Ledger 52

Onplan

NOVEMBER 30, 2022

It also offers convenient multi-currency management. Despite its extensive number of integrations, Adaptive has seen users complain that ERP integrations tend to break and require a long time and multiple support interventions to repair. Size constraints that can impact usability and even security. Customer success.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Forecasting Planning 52