Remove balance-sheet-reconciliation-software
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How to nail end of financial year: A guide for Australia’s self-employed

Xero

Up-to-date reconciliations are the secret to smooth sailing at EOFY. However, scrolling through a year’s worth of balance sheets just days before 30 June isn’t ideal. Instead, Natalie Furlong of Quick Smart Bookkeeping recommends getting into the habit of doing monthly reconciliations. Reconcile, and reconcile again .

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Why we can’t keep old reports (and other burning questions)

Xero

All software has a lifecycle, like a car. Next, we’ll be working on adding the ability to translate Profit & Loss, Balance Sheet and Budget Variance reports into foreign currency. The post Why we can’t keep old reports (and other burning questions) appeared first on Xero Blog.

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Top 10 Bookkeeping Mistakes Small Businesses Make and How to Avoid Them

Less Accounting

In this blog post, we share the top 10 bookkeeping mistakes small businesses commonly make and provide actionable tips on how to avoid them: Neglecting to Separate Personal and Business Finances: One of the most common mistakes small business owners make is failing to separate personal and business finances.

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Optimizing Invoice Management for Law Firms with Advanced Billing Software

Invoicera

Fortunately, modern billing software has emerged as a beacon of relief in the often chaotic world of law firms. Most law firms adopting advanced billing software have witnessed a remarkable 40% increase in invoice processing efficiency. Explore how advanced billing software can transform your law firm’s invoicing processes.

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How to convert PDF invoices to Excel in seconds?

Nanonets

This blog will show two ways of converting PDF invoices to Excel spreadsheets in seconds. And last but not least, the majority of accounting automation software requires input files to be in Excel format. Automatically update financial records in the balance sheet, general ledger, PnL, and more. So stay tuned!

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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. This system ensures that for every transaction, a corresponding and opposite entry is made to another account, maintaining the accounting equation's balance.

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6 Cash Flow Performance KPIs Every CFO Needs to Track

Gaviti

In this blog, you’ll learn about the most important cash flow metrics and cash application KPIs for CFO performance and their relationship to your overall financial planning. These are listed as assets on your balance sheet (just as current accounts payable lists your liabilities) and reports are generally run in the same manner/periods.