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What is Account Reconciliation?

The Finance Weekly

The idea is to compare two sets of records—your internal records (like your company’s general ledger) and external ones (like bank statements or vendor invoices). Fixed Asset Reconciliation This type helps you ensure your company’s fixed asset register aligns with your general ledger. Seek professional help if needed.

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PodChats for FutureCFO: The continuing transformation of finance reporting

Future CFO

These allow us to be able to provide the types of financial reporting services ranging from general ledger, accounting, reporting, audit and compliances. We also do support asset accounting and tax reporting," he added. Hybrid/remote work is said to continue in 2023.

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Capitalising on the Fintech apps in APAC

Future CFO

Specific to the automation of finance and accounting processes, can you identify the top three areas mid-size enterprises are prioritizing to automate? Payroll accounting : Automating payroll processes can help save time and resources, maintain compliance with legal regulations, reduce manual errors and track business expenses.

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The Dual Purposes of Accounting and Fundraising Software

The Charity CFO

Instead, accounting software prioritizes accuracy, standardization, and regulatory compliance. This misalignment can make it challenging to add fundraising data into accounting systems without risking compliance or accuracy issues. Let’s consider an example.