article thumbnail

How Complex Are Your Business Finances?

https://trustedcfosolutions.com/feed/

Use dimension values to capture your business transactions, operational measures, and budgets in General Ledger. GAAP, IFRS, and cash base side by side for better visibility. Seamless scaling without adding headcount. Ability to implement user-access controls. Ability to view performance on U.S. Define your own workflows.

Finance 104
article thumbnail

What is the Financial Consolidation Process in the Accounting World?

Planful

Assets, Liabilities, Equity, Revenue, and Expense accounts) from multiple general ledger systems, and mapping it to a centralized chart of accounts. GAAP or International Financial Reporting Standards (IFRS). Consolidating the data following specific financial accounting rules and guidelines, such as U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

ERP and EPM Systems – Better Together

Planful

General ledger accounting. The data in an ERP system is typically summarized in the general ledger module. These systems provide built-in support for complexities such as currency translation, intercompany eliminations, and reporting under multiple accounting guidelines, such as US GAAP or IFRS.

article thumbnail

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

Onplan

The Centage platform includes features like ad-hoc reporting, asset lifecycle management, a general ledger, centralization, dashboards, access and version controls, cash management capabilities, and KPI tracking. Automated reporting also enforces compliance with GAAP and IFRS standards. Key features.