Remove accounting standards Remove fund accounting Remove general ledger Remove payroll
article thumbnail

NetSuite for Government Helps State and Local Agencies Move to the Cloud for Better Efficiency

CPA Practice

NetSuite for Gover nment provides a single, integrated suite for streamlined accounting, grants management, payroll, planning and budgeting, human resource management, and more. Human Resource Management: Simplifies complex government workforce management processes by providing asingle suite to manage HR, payroll, and financials.

article thumbnail

Accounts payable vs. accounts receivable: What are the differences?

ThomsonReuters

Accounts payable (AP) , is the list of all amounts a company owes to its vendors. Generally, when an invoice is received, it’s recorded as a journal entry and posted to the general ledger. They were developed by the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB).