News and Publications
Record to Report: What is, Examples & Easy Formula
Record to Report: What is it, Examples & Easy Formula In business financial management, accuracy and efficiency are essential. One part of this process is record to report, known as R2R. This process ranges from financial data collection to reporting, and plays a...
Invoice Matching: What is that, Process & Benefits 2024
Invoice Matching: What is that, Process & Benefits 2024The invoice reconciliation process is essential for any company that wants to maintain healthy financial management and avoid costly mistakes. In this article we will explain in detail what the invoice...
Pretty Cash Reconciliation: What it is, How to do it & Form 2024
Pretty Cash Reconciliation: What it is, How to do it & Form 2024Cash reconciliation is a fundamental process for any company, but especially for large ones. Lack of reconciliation always leads to errors in financial records and ultimately to incorrect business...
Prepaid expenses appear in the section of the balance sheet
Prepaid expenses appear in the section of the balance sheetBusinesses often make payments in advance for goods and services that will be used in the future. These payments are known as prepaid expenses and are an important part of any business's accounting. In the...
Prepaid expenses appear in the section of the balance sheet
Prepaid expenses appear in the section of the balance sheetBusinesses often make payments in advance for goods and services that will be used in the future. These payments are known as prepaid expenses and are an important part of any business's accounting. In the...
Prepaid expenses appear in the section of the balance sheet
Prepaid expenses appear in the section of the balance sheetBusinesses often make payments in advance for goods and services that will be used in the future. These payments are known as prepaid expenses and are an important part of any business's accounting. In the...
Account reconciliations: What is it, Types, Stages & Examples
Account reconciliations: What is it, Types, Stages & ExamplesAccount reconciliations represent a fundamental pillar in financial management, since they safeguard the integrity of any organization's financial records. In an increasingly complex business context, a...
Month-End Close: What is it, Process & Tips 2024
Month-End Close: What is it, Process & Best Tips 2024Month closing is an essential procedure in the financial management of any company, to ensure that the records are in order, the financial statements accurately reflect your financial situation and you are ready...
Open Item: What is open items and examples 2024
Open Item: What is open items and examples 2024In the complex world of business operations, a persistent challenge looms beneath the surface – open items. These placeholders for unresolved matters and unfinished tasks often hold the key to organizational efficiency...