The Finance Weekly

DECEMBER 1, 2024

Let’s talk about something every business owner and accountant deals with— account reconciliation. If you’ve ever wondered what account reconciliation is all about or how to do it effectively, this guide has got you covered. What Is Account Reconciliation? Bank Reconciliation This is the most common type.

Reconciliations

Future CFO

AUGUST 1, 2023

Supriya Deka: The general features of financial applications include accounting, reporting & analytics, bank reconciliation, billing & invoicing, asset management, budgeting & forecasting, financial risk management, expense tracking, and payroll management.

Invoicing

The Charity CFO

OCTOBER 9, 2024

Instead, accounting software prioritizes accuracy, standardization, and regulatory compliance. Soft credits also need manual reconciliation to ensure that they are accurately reflected in donor records without affecting accounting entries. Create a monthly reconciliation process between both databases.

Accounting

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. Check the last reconciliation date for all cash and credit card accounts. Work with your accountant to prioritize the cleanup of findings from steps 2-4. Ignoring the system setup.

Profit and Loss