Insights

Accounting processes - Part 3

There are no rules when designing a company infrastructure. Management should always consider when to invest in systems vs staff.

Accounting process - part 2

Period end close confirms that the accounts are stated correctly and explains the reasons why the accounts have changed.

Accounting process - part 1

he Record to Report (R2R) process explains how the business operates and support FP&A, statutory reporting, and tax.

Did we pay?

Expenditure reconciliations can support financial reporting, improving operations, and find trends in purchasing to influence negotiations.

Your accounts don't reconcile

Ask three people what the definition of income is, and they will give three different answers.

What's the difference between bookkeeping and processing?

Just as the business can share bookkeeping services, a business can share business operations. How?