CFO Simplified
NOVEMBER 28, 2022
If you’re a manufacturer or a wholesale distributor, you should be comparing the value in that inventory value report to one line on your general ledger, and that’s the value of inventory. . It is important to reconcile this report with your general ledger to make sure that the numbers are correct.
The Finance Weekly
FEBRUARY 22, 2025
Manufacturing Aligns production plans with supply chain forecasts. Workday Adaptive Planning Subscription ERP and General Ledger (GL) connectivity. Forecasts financial impact of healthcare policy changes. Business Services Enables project-based resource and financial planning. Helps businesses adapt to demand fluctuations.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
CFO Simplified
APRIL 17, 2022
Manufacturing variances were caused by a variety of factors, but the summary general ledger (GL) postings didn’t provide an answer. . Understanding the cause was the first step to returning to profitability. The Solution.
Focus CFO
JUNE 16, 2023
Scott has more than 20 years of diverse Finance and Accounting leadership experience spanning companies of all sizes and across multiple industries that include manufacturing, distribution, and professional services.
CFO Simplified
APRIL 15, 2022
Business – Manufacturer of industrial models. One made stock models that were sold from a catalog, and the other produced structural prototypes of critical manufacturing components for major corporations. The general ledger layout is generic in nature. Location – Northern Illinois. Sales – $11,750,000.
CFO Simplified
APRIL 15, 2022
For manufacturers, retailers, or wholesale distributors, inventory is likely the largest item on their balance sheet. Business – Dress Manufacturer. The company also started a sportswear line, but that didn’t sell due to a significant manufacturing error in incorrectly sizing the items. Bringing Value Through CFO Insights.
CFO Simplified
DECEMBER 26, 2021
I [Larry Chester] once met a business owner who told me he had a small manufacturing plant outside Cincinnati. Bookkeepers will receive invoices from suppliers and after getting proper approval, will enter those invoices—properly coding them to make sure that the charges are correctly applied to the correct general ledger account.
Expert insights. Personalized for you.
98 
Let's personalize your content