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

AP Association

JANUARY 21, 2020

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.

General Ledger 130

General Ledger AP AR Purchase Order 130

Billing Platform

SEPTEMBER 25, 2023

Consisting of a series of steps, the accounts receivable process refers to the money owed to a business for the purchase and delivery of goods or services. Accounts receivable (AR) provides the critical link between making the sale and receiving payment. Called a short payment, it adds another layer of complexity for your AR team.

Accounts Receivable 98

Accounts Receivable Account Receivables Accounts Receivable AR 98

Nanonets

APRIL 18, 2024

In today's fast-paced business environment, efficient management of accounts receivable (AR) and accounts payable (AP) is crucial for maintaining a healthy cash flow. Invoices are an essential part of this. Invoice creation and Invoice processing are critical steps in these processes. Coding invoices.  You

Invoicing 52

Invoicing AR AP Accounts Payable 52

Nanonets

APRIL 23, 2024

NetSuite vs QuickBooks: Feature Level Comparison General Ledger Both tools have a General ledger to record, analyze, and report financial transactions. Both are capable of Accounts Payable Automation , but with support from Integrations like Nanonets, advanced AI can take AP automation to the next level.

QuickBooks 52

QuickBooks General Ledger AR Accounts Payable 52

Jetpack Workflow

MAY 19, 2023

In your client folders, make sure you have dedicated sub-folders where you track the following items so you can easily update the general ledger as you go: Chart of accounts Journal entries Trial balance Bank Statements and Reconciliations Each client folder should also have a dedicated section for bank statements.

Bookkeeping 52

Bookkeeping General Ledger Payroll Accounts Receivable 52

Nanonets

OCTOBER 18, 2024

5 BILL AP/AR SMB Easy-to-use AP automation for payments and vendor management 4.4/5 5 *G2 ratings are as of 18th October, 2024 Want the complete guide to transforming your AP function? Without AI-driven tools, these platforms can't automatically apply the correct general ledger codes or detect discrepancies in invoice data. 

AP 52

AP Invoice Processing Accounts Payable Accounts Payable 52