NextProcess

MAY 13, 2023

Coming from one of the most widely used and trusted software suppliers on the planet, Microsoft Dynamics 365 Business Central can be a huge help in managing your essential business processes. With their recent performance improvements, companies of all sizes are able to leverage this all-in-one enterprise resource planning (ERP) solution as a cloud or on-premise solution.

AP 52

AP Purchase Order Invoicing Accounts Payable 52

Accounting Tools

MAY 13, 2023

Related Courses Accounting Information Systems What is the Customer Master File? The customer master file is used to maintain information in the accounting database that is unique to each customer. Examples of the information contained within the file are as follows: Customer name Customer identification number Customer address Contact name and phone number Sales representative name Customer tax identification number Customer credit limit Customer credit score Customer payment terms Customer shi

Tax 40

Tax Accounting Accounting 40

Accounting Tools

MAY 13, 2023

Related Courses Bookkeeping Guidebook Corporate Cash Management How to Audit Cash What are Uncollected Funds? Uncollected funds are checks deposited with the payee 's bank that have not yet been paid by the bank on which the checks were drawn. The payee’s bank must ensure that the funds have been received before it can release them to the payee. In the meantime, the cash is unavailable for use until the funds have been collected by the payee's bank.

Deposits 40

Deposits Collections Bookkeeping Auditing 40

Accounting Tools

MAY 13, 2023

An unrealized loss is a decline in the value of an asset that has not yet been sold. One might continue to hold such an asset in the expectation that it will gain in value, perhaps offsetting the amount of the current unrealized loss. When an asset is sold, it becomes a realized loss. Only a realized loss can be used to offset a taxable gain for the purpose of reducing one's income tax liability.

Tax 40

Tax 40

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

Accounting

Accounting Tools

MAY 13, 2023

What is Unissued Stock? Unissued stock is shares in a company that have been authorized for use, but which have never been issued. These shares cannot be used to cast votes in shareholder elections, nor are they entitled to receive dividends. The number of unissued shares is generally irrelevant to current shareholders, but could be a concern in the following two situations: A large number of unissued shares indicates that the board of directors could potentially sell or otherwise issue a large

40

40

Accounting Tools

MAY 13, 2023

Related Courses Bookkeeping Guidebook How to Audit Receivables New Controller Guidebook Uncollectible accounts expense is the charge made to the books when a customer defaults on a payment. This expense can be recognized when it is certain that a customer will not pay. A more conservative approach is to charge an estimated amount to expense when a sale is made; doing so matches the expense to the related sale within the same reporting period , even though the precise nature of the default is not

Accounting 40

Accounting Accounting Bookkeeping Auditing 40

Accounting Tools

MAY 13, 2023

Related Courses Activity-Based Costing Cost Accounting Fundamentals What is a Unit-Level Activity? A unit-level activity is an action that occurs whenever a unit is manufactured. This activity is a volume-based cost driver , since the amount that occurs will vary in direct proportion to the number of units produced. Direct materials and direct labor are associated with unit-level activities.

Cost Accounting 40

Cost Accounting Accounting Accounting 40

Accounting Tools

MAY 13, 2023

Related Courses Corporate Cash Management Corporate Finance Treasurer's Guidebook What is an Unsecured Bond? An unsecured bond is an obligation of an organization or government that is not backed by any assets. An unsecured bond is also not backed by the stream of cash flows from any revenue -generating operations. Instead, investors are relying upon the general creditworthiness of the issuer in deciding whether to purchase such a bond.

Corporate Finance 40

Corporate Finance Tax 40

Accounting Tools

MAY 13, 2023

Related Courses Contract Management How to Audit Procurement Purchasing Guidebook What is a Blanket Purchase Order? A blanket purchase order is a contractual arrangement between a buyer and a supplier , for the supplier to deliver goods or services to the buyer, at a pre-set price, for a period of time. They are used by buyers to consolidate a number of smaller purchase orders into one large purchase.

Purchase Order 40

Purchase Order Auditing 40

Accounting Tools

MAY 13, 2023

Related Courses Accounting for Inventory Cost Accounting Fundamentals What is Unit Cost? Unit cost is the outlay incurred to produce a single unit of a product or service. Since this outlay is typically comprised of both variable cost and fixed cost elements, the cost for a single unit is derived by compiling the cost of production and dividing by the number of units produced.

Cost Accounting 40

Cost Accounting Accounting Accounting 40

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.