Nanonets

FEBRUARY 28, 2024

Welcome to our latest blog post, where we embark on a deep dive into the intricacies of the General Ledger (GL) — the bedrock of any business's financial system. We will start with the basics: What exactly is a General Ledger, and why is it paramount to your business's financial health?

General Ledger 52

General Ledger Data Entry Invoicing Accounts Payable 52

Nanonets

FEBRUARY 14, 2024

In the world of business, keeping track of money matters is crucial, and that's where General Ledger Codes, or GL Codes, come into play. General Ledger Codes, or GL Codes, are unique alphanumeric strings that classify and record financial transactions within a company’s general ledger.

General Ledger 52

General Ledger Accounts Payable Accounts Payable Accounting Software 52

Nanonets

MAY 7, 2023

Billion in 2020 only for North American regions. The process of credit card reconciliation may be integrated into the software you use for accounting, as it is in QuickBooks; however, it is also possible that you will need an additional tool like accounting automation software to assist you with this process.

Bank Reconciliation 52

Bank Reconciliation General Ledger Reconciling Account Receivables 52

MineralTree

APRIL 6, 2023

They are commonly used within the finance department, including accounts payable , accounts receivable, and purchasing. They are especially critical for accounting teams; so much so that 89% of companies view them as a necessity for the department.

AP 64

AP QuickBooks Invoicing Accounts Payable 64

IMA's Count Me

DECEMBER 12, 2021

Wes: (02:51) So, I'm proud to be working me and my colleagues in a company that's privately owned and celebrate a hundred years, December, 2020. So it's kind of like a startup in our hundred years old company and looking into the future, especially after what happens in 2020 with the pandemic.

General Ledger 40

General Ledger Accounting Accounting Invoicing 40

Future Firm

APRIL 10, 2022

If you want proof, you can read Scalefactor CEO’s message about why their $100M venture-backed accounting service operation shut its doors in 2020: It’s easy to get wrapped into just focusing on technology and automation, but the future of accounting is very much still people-driven. Bill.com or Plooto for bill pay.

Accounting 111

Accounting Accounting Bookkeeping XERO 111

Cloud Accounting Podcast

SEPTEMBER 1, 2020

This means that e-commerce sellers are dealing with massive amounts of transactions that need to appear in the general ledger correctly so that you can easily reconcile these transactions with a bank statement. Ever wish that you could just create a formula in Excel, and have it get the data from the accounting system automatically?

Payroll 40

Payroll Tax QuickBooks CPA 40