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What is Account Reconciliation?

Insight Software

With regular bank account reconciliation, businesses can identify and rectify errors promptly, reducing the risk of financial misstatements and fraud. Check out our webinar on self-service subledger reconciliations for a quick primer on when and how to best use self-service subledger reconciliations for your organization.

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Introductory Guide to Business Cash Flow Planning

Insight Software

The overall goal of business cash flow planning is to be able to predict how much money your company will have at some point in the future, so you can cover expenses and debts like payroll, purchase orders, rent/lease payments, and utilities. At the beginning of the month, you record in your bank account that you have $175,000 cash on hand.

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The Financial Close Process

Insight Software

Bank account information. Bank statements including loan and credit card statements. Income and expense account information. Expense receipts and supplier invoices. These include revenue and expense accounts. Cross-check invoices and bank statements for accuracy. Record the Month’s Expenses.

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150+ Top Global Cloud Thought Leaders and Next Generation Leaders of 2021

Whizlabs

Rick is a well experienced CTO who can offer cloud computing strategies and services to reduce IT operational costs and thus improve the efficiency. He guest blogs at Oracle, IBM, HP, SAP, SAGE, Huawei, Commvault, Equinix, Cloudtech. Gordon Davey – Cloud Services Global Business Owner at SoftwareONE.

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SOX Compliance Guide

Insight Software

While it has been effective in improving corporate governance and transparency, the Sarbanes-Oxley Act has also led to increased compliance costs for companies. This is an internal audit conducted by an independent auditor who must be an impartial third party.

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4 Reasons Broker Flexibility is a Must For Equity Management

Insight Software

Learn Why Certent Equity Management is the Right Choice as Your Equity Management Broker Platform Many of the biggest equity management platforms are broker-owned and will often restrict users to the brokerage services of the platform owner. You’ll benefit from flexible service models and easy integration with other applications.

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Step-by-Step Guide to Month-End Close + Free Checklist

Insight Software

For example, it can be helpful to set parameters pertaining to employee reimbursements, wherein employees must submit expense reports by the last day of the month. As a result of such reminders, you can recognize these expenses in the proper accounting period, without the need for accruals or adjustments after the fact.