Remove General Ledger Remove Invoicing Remove Numbers Remove Profit and Loss
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How do I clean up my financial statements?

CFO Share

Do your profits and cash flows make no sense? Is your balance sheet littered with negative numbers and old, incorrect figures? The leading causes include: Poor monthly bookkeeping processes, including invoicing, billing, coding, and accruals. Too many general ledger (GL) accounts. Too many general ledger accounts.

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How cloud accounting made me enjoy the finance industry again

Creative CFP

There is drill-down functionality available from the general ledger, and you can click right through to the supplier invoice. When you pay the foreign supplier or receive money from a foreign client, Xero calculates the foreign exchange profit and loss and posts the journals automatically.