CS Lucas and Accounting System Integration
CS Lucas
APRIL 28, 2023
This file can be configured to be sent at a specified frequency, with the recommended best practice being once a day.
CS Lucas
APRIL 28, 2023
This file can be configured to be sent at a specified frequency, with the recommended best practice being once a day.
The Finance Weekly
MAY 20, 2024
During bank reconciliation, companies compare their bank statements with the cash accounts in their general ledger , identifying discrepancies and making necessary adjustments for unrecorded transactions, like outstanding deposits or new bank fees. Accurate cash visibility ensures informed and confident business decisions.
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https://trustedcfosolutions.com/feed/
NOVEMBER 30, 2022
It’s during this stage that you consider additional investments to help you prepare for rapid growth while building on your current SaaS offerings. 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.
CFO Share
MAY 22, 2024
Take the time to examine your item masters, product codes, general ledger mappings, and the structure of your chart of accounts. This must be set up in your accounting system correctly and requires manual mapping of balance sheet GLs to operating, investing, and financing uses of cash. Ignoring the system setup.
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. Invest in robust processes. Unusable financial statements come from one or many distinct sources.
Centage
SEPTEMBER 14, 2021
Accounting has evolved quite a bit since the early days of double-entry systems and general ledgers. An investment bank analysis of Tesla ’s purchase of Solar City undervalued the company by $400 million after double-counting its debt in a spreadsheet.
Bramasol
JANUARY 18, 2024
Keys to Success with Implementing OTC-to-Compliance in the Cloud Although the overall goal is to create a seamless unified frontend and backend system in the cloud, depending on your specific situation and legacy investments, the implementation of OTC-to-Compliance may require different approaches.
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