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Sage Intacct Accounting Dimensions: What is It and How Can It Improve My Business?

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To get specific, we’ll cover the following topics: A History of the General Ledger. General Ledger’s History. As companies grew and economic activity became mostly project-based, business leaders needed additional classes. Define Sage Intacct (SI) Dimensions and how to recognize real ones.

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The Key Differences Between a Controller and a CFO in Small Businesses

CFO Share

They analyze market trends and economic data to predict future financial performance and guide strategic decision-making. Financial Record-Keeping Controllers maintain the company’s financial records, ensuring the accurate recording of every transaction, including general ledgers, accounts payable/receivable, and payroll.

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Deferred Revenue in SaaS

CFO Plans

Unit economics. SaaS businesses rely heavily upon unit economics. There are multiple software plugins available for general ledger systems (and most ERP systems have it embedded) to handle deferred revenue properly. Companies plan their overheads to match the revenue.

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The Difference between a Bookkeeper, an Accountant, and a CFO

The Charity CFO

Common nonprofit bookkeeping tasks include: Recording donations Entering accounts payable and receivable Organizing and reviewing bank statements Maintaining the general ledger These everyday financial duties help bookkeepers provide a clear and up-to-date picture of the nonprofit’s financial status.

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Why Businesses Are Choosing Other Options Over Excel Spreadsheets for Financial Forecasting

Centage

We know businesses are facing more and more financial struggles in the wake of current events and economic downturn, such as inflation, supply chain shortages, and difficulties securing capital.

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Technology in accounting – during and beyond COVID-19

Future CFO

Think for a moment about how beneficial it would be to work off a single general ledger from anywhere, at any time and in real-time. Technology empowers accountants, and in turn, accountants wield technology as the powerful, meaningful weapon that it really is. It frees up time in the day to work with clients in a more effectively.

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Advice for Startups from your Financial Partner

BlueLight

Finance and accounting consist of many niches: accounts receivable management, invoice collection, bill approval, general ledger data entry, bank reconciliation, expense reports, payroll taxes, income tax, compliance, and so on. What can they do to stay resilient in the face of economic uncertainty?