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. As a result, administrators and approvers have a faster way to take care of problems. Administrators can also provide some access to the search system to auditors.
CFO Simplified
APRIL 17, 2022
Manufacturing variances were caused by a variety of factors, but the summary general ledger (GL) postings didn’t provide an answer. . To identify where the losses were occurring, job estimates were first compared to the final production costs.
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PYMNTS
MARCH 31, 2020
The technology works in the background to provide correct approval routing and general ledger (GL) coding at the bill as well as bill line level. .” Tipalti Pi is created to help during the payable process such as by optimizing payables workflow. It learns to register bill fields for line-level charges.
CFO Share
JULY 14, 2022
Too many general ledger (GL) accounts. Unsophisticated GL structures. Unusable financial statements come from one or many distinct sources. The leading causes include: Poor monthly bookkeeping processes, including invoicing, billing, coding, and accruals. Performing cash basis accounting instead of accrual basis.
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.
Planful
FEBRUARY 16, 2017
These systems are designed to automatically load data from multiple general ledgers (GL) and other sources – both on-premises and in the cloud. Instead of using spreadsheets , many organization are switching to cloud-based EPM software with robust consolidation and reporting capabilities.
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