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Local Government Finance Departments: Are Your Account Reconciliations REALLY Reconciliations?

LSLCPAs

Preparing reconciliations is an essential function of an accounting department in local government finance departments. Reconciliations not only ensure the account balance in the general ledger is complete, but if done properly, they should also tell you if the account balance is correct.

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5 Considerations to Recession Proof Your Finance Technology Stack Using Sage Intacct

Cherry Bekaert

With so many variables contributing to an organization’s financial wellness, navigating and thriving amidst changing market conditions will heavily rely on the stability of an organization’s finance technology stack. Many organizations seek the expertise of external software consultants specializing in the platform or area of discipline.

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Tipalti Adds Expense Management to Finance Automation Platform

CPA Practice

At its third annual Illuminate conference , Tipalti , the leading global finance automation platform, today announced the general availability of Tipalti Expenses , a comprehensive solution for automating and managing employee spending and reimbursements globally.

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Reconciliation in Accounting: Difficulties in Reconciling the Accounts

Snyder

However, these indicators are only good when you reconcile the accounts properly. The account reconciliation process is an integral part of business, which helps to connect accounting with bank statements, records with cash, and protect the business from any discrepancies. . What is account reconciliation?

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Propel Your Organization’s Financials Using the Power of Cherry Bekaert and Sage Intacct

Cherry Bekaert

For finance leadership and teams, this requires constantly analyzing, reforecasting, rethinking new data, and determining new approaches to drive business. As a long-standing strategic partner of Sage Intacct, Cherry Bekaert has the accounting and technical knowledge necessary to implement and optimize the platform.

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Cash flow vs Trial Balance. Which one to trust?

Simple Accounts

The cashflow report also consists of operating, Financing, and investing activities. Trial balance is a report that shows the balances of each general ledger account in the company. The accounts shown on a trial balance include: . A trial balance is different from a general ledger. Trial Balance .

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Steps to Clean Up Accounting Records: A Checklist

xendoo

Taking steps to clean up accounting records can be a big undertaking for small business owners. You may diligently record your accounting transactions or have hired someone to take care of accounting for you. There are many reasons to have clean accounting books each month. When and Why You Need to Clean Up Your Books.

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