Bramasol

AUGUST 31, 2023

These include: Real-Time Reporting - One source document triggers the creation of two separate journal entries directly in the general ledger. How EBRR is a Game Changer There are a number of innovations and benefits that derive from using EBRR in the SAP Public Cloud. This provides the basis for real-time matching of revenue and cost.

SAP 86

SAP Accounting Reconciliations General Ledger 86

https://trustedcfosolutions.com/feed/

JANUARY 19, 2021

To get specific, we’ll cover the following topics: A History of the General Ledger. General Ledger’s History. Dimensions are available in general ledger transactions and operational transactions. Define Sage Intacct (SI) Dimensions and how to recognize real ones.

Accounting 67

Accounting General Ledger CFO Numbers 67

CFO Simplified

OCTOBER 24, 2022

If you pull an inventory value report, does the amount of the inventory that’s on that report match what you’ve got in your general ledger?” All of these accounts must be reconciled regularly. “If asks Larry. “If His advice? Don’t just sit idle and let your accounts sit idle as well.”.

Accounting 98

Accounting CFO Accounts Payable General Ledger 98

PYMNTS

JANUARY 22, 2019

Crowe is addressing this friction with the rollout of its Crowe Automated Reconciliation for Healthcare tool, providing hospitals a three-way match solution between their general ledgers, patient accounting systems and banking providers.

Cash Management 73

Cash Management Reconciliations General Ledger Healthcare 73

https://trustedcfosolutions.com/feed/

JUNE 2, 2022

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

Finance 104

Finance IFRS Accounts Payable General Ledger 104

https://trustedcfosolutions.com/feed/

NOVEMBER 30, 2022

From sales (Salesforce/Hubspot), to A/P (Bill.com/Routable) to A/R (Harvest), this ecosystem provides for the continuous flow of data to the general ledger. Quantitative and qualitative data should be able to flow seamlessly into the accounting system through a robust ecosystem of vendors. The Right Software is Smart Software.

General Ledger 108

General Ledger Finance Accounting Forecasting 108

https://trustedcfosolutions.com/feed/

APRIL 14, 2022

With a multi-dimensional general ledger, Sage Intacct enables restaurants to streamline their chart of accounts and get richer, deeper detailed information faster than ever before – all at the push of a button.

Accounting 117

Accounting Accounts Payable General Ledger CFO 117

VCFO

AUGUST 9, 2023

Once there, a mechanism to translate Direct Labor Hours into Direct Labor Dollars and get that information into the general ledger is needed. Because most people view filling out timesheets with the same disdain as submitting expense reports, it can require a big cultural shift to get employees to complete this task consistently.

General Ledger 89

General Ledger Leverage Benchmarking Accounting 89

https://trustedcfosolutions.com/feed/

MAY 27, 2022

Sage Intacct provides a sophisticated multi-dimensional general ledger. Each location, franchise, or entity can use its own chart of accounts, taxation rules, and financial reporting requirements while also providing the organization with a view of everything.

Accounting 108

Accounting Accounts Payable General Ledger Cash Management 108

CFO Share

JULY 14, 2022

Too many general ledger (GL) accounts. Too many general ledger accounts. That can lead to “GL diarrhea”: too many ledgers, multi-page P&Ls, and unusable financial statements. Unusable financial statements come from one or many distinct sources. Incorrect costing or no costing.

General Ledger (GL) 52

General Ledger (GL) General Ledger Profit and Loss Invoicing 52

Future CFO

AUGUST 1, 2023

Financial and accounting processes include managing the general ledger, accounts receivable & payable, billing and invoicing, reporting & analytics, bank reconciliation, budgeting & forecasting, etc.

Invoicing 98

Invoicing Reconciliations Accounts Payable General Ledger 98

The Charity CFO

APRIL 29, 2022

Examine the general ledger for expenses that should have been capitalized, income that should have been recorded as liabilities, or other unusual transactions. Every number agrees to the relevant account balance or general ledger transaction. Reconcile net assets (with and without donor restriction).

Auditing 105

Auditing Nonprofit General Ledger CFO 105

https://trustedcfosolutions.com/feed/

MARCH 26, 2023

This involves matching the balances in your general ledger to the balances in your bank statements and other financial records. Make sure everything is accurate and there are no discrepancies. Reconcile accounts: Once you’ve reviewed all transactions, you’ll need to reconcile and account for all transactions.

General Ledger 62

General Ledger Accounting Invoicing Financial Reporting 62

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.

General Ledger (GL) 92

General Ledger (GL) Profit and Loss CFO General Ledger 92

CFO Talks

JUNE 23, 2022

An effective financial team should be able to build frameworks to create “data lakes” for general ledger information, inventory, HR information, sales data and external information. To do this, they must surround themselves with a versatile, innovative and adaptable finance team. Here’s how you can build one.

Finance 52

Finance CFO General Ledger Accounting 52

PYMNTS

SEPTEMBER 22, 2020

Companies will have easy access to real-time reporting, expense capture, policy management and approvals, general ledger sync and analytics, improving on old ways that could be more cumbersome, according to the release.

Banking 70

Banking General Ledger Budgeting B2B 70

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.

General Ledger (GL) 69

General Ledger (GL) Accounts Payable Construction Invoicing 69

E78 Partners

SEPTEMBER 21, 2023

Implement Robust Documentation Procedures Maintaining organized records is paramount for any organization, necessitating a systematic approach to filing and ensuring easy access to crucial documents like financial statements, general ledgers, bank statements, and invoices.

Auditing 52

Auditing Reconciliations General Ledger Accounting Standards 52

https://trustedcfosolutions.com/feed/

APRIL 5, 2023

Uses one set of financials and multi-dimensional reporting with an integrated General Ledger and real-time views of current and historical data. Streamlines invoicing and payment processes help you get paid faster and reduce the time it takes to close out the month.

Reconciliations 62

Reconciliations General Ledger Accounting Accounting Standards 62

Centage

JULY 25, 2023

Consolidating your financial data across several general ledgers quickly becomes complicated when you use spreadsheets. Connectivity: Planning Maestro automatically integrates with your general ledger, providing a clearer picture of your finances.

Financial Planning and Analysis (FP&A) 92

Financial Planning and Analysis (FP&A) Budgeting General Ledger Finance 92

PYMNTS

JANUARY 26, 2018

The core of the close process remains the same: corroborate the numbers in the general ledger,” explained Feinstein. But it would be a lot more efficient if close management apps were able to connect directly to the bank and reconcile transactions with the data in the GL [general ledger] system,” he continued.

General Ledger 47

General Ledger Reconciliations Banking Accounts Payable 47

Centage

JANUARY 3, 2023

Connectivity: Our software can automatically integrate with your general ledger for budget analysis, offering a clearer picture of your company’s financials. Automation: Planning Maestro automates tedious tasks using financial intelligence and built-in logic, reducing manual data input while improving workflow efficiencies.

Financial Planning and Analysis (FP&A) 79

Financial Planning and Analysis (FP&A) General Ledger Budgeting Forecasting 79

https://trustedcfosolutions.com/feed/

JULY 28, 2022

It features a role-based dashboard, a multi-dimensional general ledger that enables restaurants to streamline their chart of accounts and get richer information faster, giving you visibility across and into multiple entities, locations, and brands at the touch of a button.

Accounting 113

Accounting General Ledger Sales CFO 113

Centage

SEPTEMBER 14, 2021

Accounting has evolved quite a bit since the early days of double-entry systems and general ledgers. Cloud-based business budgeting and financial planning tools integrate with popular general ledger, CRM, ERP, and other business systems to create a single source of truth without manual data transfer errors.

Budgeting 66

Budgeting General Ledger Financial Data Forecasting 66

Future CFO

SEPTEMBER 26, 2022

Finance has also invested heavily in technology to reduce time to close, with three technologies deployed by more than half of functions already: general ledger technology, a financial close solution, or workflow automation, Gartner said. 86% said they wanted a faster, real time close. 68% mentioned they want a cheaper close.

Finance 52

Finance General Ledger Reconciliations CFO 52

CFO Simplified

NOVEMBER 21, 2022

Take those expenses and summarize them by the GL (general ledger) account that’s being used for those expenses. So at the end of the month, what you want to do is replenish and reconcile that account just like you do any other account in your company”. . You then want to, .

CFO 98

CFO Reconciliations General Ledger Accounting 98

CFO Simplified

DECEMBER 26, 2021

They review bank and credit card monthly reconciliations to assure accuracy and they review general ledger postings for the month—identifying any anomalies that might have crept in and writing up adjusting journal entries for bookkeepers to enter.

Finance 52

Finance CFO General Ledger Invoicing 52

PYMNTS

APRIL 7, 2020

The program can be used for everything from intercompany transactions, accounts payable and receivable, travel and entertainment (T&E) reporting, bank clearing and lockbox to general ledger cash accounts. The Transaction Matching software goes hand-in-hand with OneStream’s existing Account Reconciliation.

Reconciliations 56

Reconciliations Accounting Accounts Payable General Ledger 56

The CFO College

AUGUST 31, 2021

As an accounting professional, you need to set up many processes for efficient data tracking, including: Month-end tie-out system to close out balance sheets, reconcile general ledger accounts, with full tick marks. Perpetual data room that gives all applicable parties access to reports, transactions, and tax information at any time.

Startups 81

Startups Accounting General Ledger CFO 81

CFO Thought Leader

SEPTEMBER 17, 2023

We now have a full platform, with a general ledger, that we’ve built ourselves. More recently, this has translated into us now being a provider of fund administration services, which can be thought of as management of the back office for venture funds.

CFO 52

CFO Finance General Ledger Compliance 52

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.

Accounts Payable 53

Accounts Payable General Ledger (GL) Accounting General Ledger 53

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 Finance Accounting General Ledger (GL) 52

Future CFO

AUGUST 2, 2021

Compiling disparate operational data and relating them to the general ledger is key to unlocking the value of xP&A. Multinationals have the highest overall xP&A score, while organisations based in APAC and North America (US and Canada) tied.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) General Ledger Corporate Finance Forecasting 40

PYMNTS

NOVEMBER 2, 2018

An expansion of its existing integration will introduce enhanced General Ledger Interface mapping via Accountant Connect, allowing accountants to seamlessly link into and interface with QuickBooks and other accounting platforms to manage their small business (SMB) clients’ finances.

Accounts Payable 62

Accounts Payable General Ledger Benchmarking Accounting 62

VCFO

MAY 19, 2023

This includes documentation of the R&D activities involved as well as information from one’s general ledger expenses, R&D results, payroll reports, and other relevant project documents.

General Ledger 76

General Ledger CFO Startups Finance 76

Michigan CFO

JUNE 14, 2022

Some of their general responsibilities are highlighted below. By keeping accurate records of financial transactions with a general ledger, comptrollers and controllers can monitor cash flow and manage finances effectively. They both manage the accounting operations of public and private organizations, respectively.

CFO 40

CFO General Ledger Accounts Payable Currencies 40

PYMNTS

DECEMBER 18, 2018

17), Paychex said its General Ledger Service (GLS) now integrates into QuickBooks Online for faster access to key data for both small businesses and their accountants. Human resources and payroll management solution provider Paychex is integrating its data into QuickBooks Online to synchronize data for joint customers in real time.

General Ledger 62

General Ledger Accounting Finance Investments 62