Remove AR Remove Financial Reporting Remove General Ledger
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General Ledger (GL): Definition, Significance, Implementation

Nanonets

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?

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Create Your Vendor Onboarding Policy – A Must Have for Vendor Maintenance

AP Association

Even AP itself at a higher level may be focused on invoice submission/approvals, adherence to the Purchase Order policy, processing payments, accurate general ledger coding, etc. Each can quite different from a focus on onboarding vendors for the purpose of payment for goods and services.

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Top Remote Audit, Tax and Accounting Candidates | April 24, 2025

accountingfly

TAX & ACCOUNTING CANDIDATES FTE Tax and Accounting Senior | Candidate ID #24143645 Certifications: EA Education: BA Accounting Experience (years): 9+ years accounting and tax experience Work experience (detail): All in public accounting Currently a tax senior 200+ SMB and HNWI returns per season Review of 40%, prepares more complex returns Tax (..)

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Best 7 Invoicing Software For Financial Services

Invoicera

Financial Reporting and Analytics Generating invoices is the primary job, but insights into cash flow trends , aging receivables, and revenue forecasts are equally essential. A robust invoicing tool will come with built-in analytics to help you track financial health and spot trends.

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Top Remote Accountants for Hire | April 18, 2024

accountingfly

Extensive supervisory experience Client niches: professional services, manufacturing, hospitality, retail, etc.

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Understanding Accounts Payable vs Receivable: A Simple Guide

Nanonets

On the other hand,  accounts receivable  (AR) represents the money owed to a company by its customers for products or services that have been invoiced. It is considered an asset and is recorded in the company's ledger until payment is received. What is Accounts Payable? What is Accounts Receivable?

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11 Key Items for a Month-End Close Checklist (Free Template)

Jetpack Workflow

Discrepancies in your financial reports could lead to inaccurate data for future decisions, a mistake that could quickly spell disaster for any business. If you incurred an expense, but the supplier has yet to send their invoice for payment, you can accrue the transaction and still be current in your financial reporting.