The document discusses best practices for entering capital event data in the partnership accounting console to ensure accurate reporting. It explains that capital event transactions are used to calculate ownership percentages and market values, and must be entered at the end of each month. However, there is flexibility in the timing of data entry. The capital event data is then used to generate reports, but some reports may not be available at the individual investor level due to a lack of transaction reconciliation. Differences between the capital event and custodial transaction data can also result in pending adjustments being displayed.
New techno Nidhi company management systemweb softex
Websoftex is a .NET based centralized database online software for Nidhi Company Software with core banking operations such Fixed Deposit, Recurring Deposits, Daily Deposit Schemes, Loan to Customers, Monthly Income Schemes, Dividend declarations etc. Websoftex handles the Members details. Websoftex handles all Saving A/c, Current A/c, FD A/c, RD A/c, DDS A/c. Websoftex handles management of Cheque book, Pass book and Bond. Websoftex handles all kind of Loan operations, Printing Loan Ledger, Automatic Interest Calculations.
The document provides an overview of SAP's Cash Management liquidity management functions and features. It describes the business context for liquidity management and cash planning. Key features covered include developing liquidity plans, reviewing and approving plans from subsidiaries, tracking planning status, and comparing plans to forecasts and actuals. The goal is to help cash managers and CFOs improve liquidity planning and monitoring.
The document provides an overview of the record to report (accounting) business process in SAP. It discusses how all business transactions with financial impact are recorded directly in finance in real time. These include transactions related to fixed assets, accounts receivable, accounts payable, and the general ledger. Finally, it notes that reporting of financial statements and other reports are updated in real time based on the numbers recorded in all business processes.
This document describes a cash basis accounting system for pest control service providers implemented in Tally.ERP9. It allows users to create invoices for services without recording them initially, generate outstanding reports, and automatically post revenue when payment is received. Key features include creating different invoice types and using subforms to include service descriptions. Reports like bank book, cash book, outstanding ledgers, sales/purchase registers, and tax computations are generated. The solution aims to simplify cash basis accounting while maintaining compliance. License costs for the Tally.ERP9 single and multi-user versions including the pest control module are provided.
The document is an operational analysis questionnaire for an accounts payable department. It contains over 60 questions across various topics related to accounts payable processes, including supplier management, invoice processing, payment processing, period processing, and reporting. The questions seek to understand the company's current AP processes and requirements to help evaluate a new AP system.
This document provides an overview of transactional accounting and the procure-to-pay (P2P) process at AHS. It discusses key accounting concepts like transactions, cash-based versus accrual-based accounting. It uses examples to illustrate the accounting transactions for purchasing a widget and software maintenance. It also outlines common pitfalls in AHS's P2P process, such as errors in purchase orders and invoice processing. Finally, it explains how understanding transactions and the P2P process can help with budgeting and identifies issues to improve the system.
Breakin’ Up is Hard to Do: Complexities of Separating Data in an ERP Environmenteprentise
Whether you’re separating data because of an upcoming divestiture, or to comply with legal or statutory requirements, or maybe to split different lines of business, you need to understand the relationships among the data to be separated in your Enterprise Resource Planning (ERP) system. This webinar, with eprentise Vice President of Product Solutions Ihtesham Uddin, will explore the impact of separating part of your organization, work through the complexities of separating data either top-down or bottom-up, and identify how to address in-transit activity. The webinar is important whether you are separating the data based on an organization structure such as a legal entity, or if you need to separate at a lower-level such as a product line.
Learning Objectives: After completion of this program you will be able to:
Objective 1: Understand how data for multiple organizations reside in a single ERP environment.
Objective 2: Understand the complexities involved in separating data for organization(s) in an ERP environment.
Objective 3: Achieve success in separating data for organization(s) to meet business objectives.
New techno Nidhi company management systemweb softex
Websoftex is a .NET based centralized database online software for Nidhi Company Software with core banking operations such Fixed Deposit, Recurring Deposits, Daily Deposit Schemes, Loan to Customers, Monthly Income Schemes, Dividend declarations etc. Websoftex handles the Members details. Websoftex handles all Saving A/c, Current A/c, FD A/c, RD A/c, DDS A/c. Websoftex handles management of Cheque book, Pass book and Bond. Websoftex handles all kind of Loan operations, Printing Loan Ledger, Automatic Interest Calculations.
The document provides an overview of SAP's Cash Management liquidity management functions and features. It describes the business context for liquidity management and cash planning. Key features covered include developing liquidity plans, reviewing and approving plans from subsidiaries, tracking planning status, and comparing plans to forecasts and actuals. The goal is to help cash managers and CFOs improve liquidity planning and monitoring.
The document provides an overview of the record to report (accounting) business process in SAP. It discusses how all business transactions with financial impact are recorded directly in finance in real time. These include transactions related to fixed assets, accounts receivable, accounts payable, and the general ledger. Finally, it notes that reporting of financial statements and other reports are updated in real time based on the numbers recorded in all business processes.
This document describes a cash basis accounting system for pest control service providers implemented in Tally.ERP9. It allows users to create invoices for services without recording them initially, generate outstanding reports, and automatically post revenue when payment is received. Key features include creating different invoice types and using subforms to include service descriptions. Reports like bank book, cash book, outstanding ledgers, sales/purchase registers, and tax computations are generated. The solution aims to simplify cash basis accounting while maintaining compliance. License costs for the Tally.ERP9 single and multi-user versions including the pest control module are provided.
The document is an operational analysis questionnaire for an accounts payable department. It contains over 60 questions across various topics related to accounts payable processes, including supplier management, invoice processing, payment processing, period processing, and reporting. The questions seek to understand the company's current AP processes and requirements to help evaluate a new AP system.
This document provides an overview of transactional accounting and the procure-to-pay (P2P) process at AHS. It discusses key accounting concepts like transactions, cash-based versus accrual-based accounting. It uses examples to illustrate the accounting transactions for purchasing a widget and software maintenance. It also outlines common pitfalls in AHS's P2P process, such as errors in purchase orders and invoice processing. Finally, it explains how understanding transactions and the P2P process can help with budgeting and identifies issues to improve the system.
Breakin’ Up is Hard to Do: Complexities of Separating Data in an ERP Environmenteprentise
Whether you’re separating data because of an upcoming divestiture, or to comply with legal or statutory requirements, or maybe to split different lines of business, you need to understand the relationships among the data to be separated in your Enterprise Resource Planning (ERP) system. This webinar, with eprentise Vice President of Product Solutions Ihtesham Uddin, will explore the impact of separating part of your organization, work through the complexities of separating data either top-down or bottom-up, and identify how to address in-transit activity. The webinar is important whether you are separating the data based on an organization structure such as a legal entity, or if you need to separate at a lower-level such as a product line.
Learning Objectives: After completion of this program you will be able to:
Objective 1: Understand how data for multiple organizations reside in a single ERP environment.
Objective 2: Understand the complexities involved in separating data for organization(s) in an ERP environment.
Objective 3: Achieve success in separating data for organization(s) to meet business objectives.
The document provides instructions for reconciling a bank statement in SAP. It describes entering bank statement details such as opening balance, closing balance, and transaction amounts. These entries are saved and then posted to clear open items in clearing accounts and transfer them to the main bank account. This reconciles the bank balance with the balance in the company's books of accounts.
This document discusses designing a simplified cash flow statement in HFM. It explains that cash flow accounts prefixed with "CF" will be used to calculate cash flow as the change in the associated balance sheet account. Rules will run in entity currency and adjustments to translate cash flows at the average rate and capture reclasses. Beginning and ending cash accounts can be populated dynamically to validate the calculated cash flow matches the change in the cash balance.
The credit card chargeback process involves three main steps:
1. Receiving notification of a chargeback from the credit card company.
2. Recording the chargeback by unapplying the original receipt and applying the chargeback amount.
3. Validating the chargeback by either acknowledging it or proving it invalid, which may involve crediting the invoice or unapplying the chargeback.
Donna Jones has over 20 years of experience in the energy industry. She has held various roles such as a contracts gas settlements analyst at BP, where she generated invoices, ensured timely payments, and resolved issues. Prior to that, she was a contract financial analyst at BP where she monitored expenditures, costs, and well performance. Jones also has experience reconciling inventory and ensuring regulatory compliance at other energy companies. She demonstrates strong skills in accounting, analysis, and using various technical systems like SAP.
QuickASSET is simple, easy and effective (Desktop / Web Based) application which helps you to maintain and manage Unlimited Assets. It helps you to keep track of your assets and overcome the drudgery of maintaining the separate record for the Asset Management. It is generally established that maintaining the data pertaining to assets, its locations, AMC and Depreciation has become very necessary in view of allocation of large amount of investment involved.
The document provides steps for completing the asset closing process in SAP. It includes checking the last closed fiscal year, reconciling asset and accounting data, recalculating depreciation, executing depreciation and periodic postings, reconciling the general and subsidiary ledgers, performing the fiscal year change, and executing the year-end closing program. The asset closing process closes the fiscal year for asset accounting and accounting purposes and prepares the data for the new fiscal year.
This document summarizes the setup and configuration of transaction batch sources in Oracle Receivables. Transaction batch sources control how transactions are imported and define validation rules. They consist of six tabs that configure options like automatic numbering, customer and accounting defaults, error handling and more. Transaction sources can be defined manually or for imported transactions using AutoInvoice. Proper configuration determines how the transactions form behaves and how AutoInvoice validates imported data.
CMA (USA), MBA Finance, M.com and B.com with 8+ years experience in Accountin...AMIT SAXENA
PROFILE
A proficient professional with 8 years + of rich and comprehensive experience in Accounting, a highly accomplished and result oriented management professional with skills in achieving greater organizational efficiency & profitability.
Small Business Accounting and Financial Reporting_StarterCompanyRevisedJayson Bastien
The document provides information and guidance for youth entrepreneurs on topics such as the role of accountants, bookkeeping technologies, financial accounting, cash flow forecasting, cost accounting, pricing, taxes, and more. It also includes an introduction to the author and his experience as an accountant and mentor for youth entrepreneurs. The goal is to help youth starting, expanding, or purchasing a business with relevant financial information and advice.
The document provides an outline for a presentation on completing the accounting cycle. It discusses key accounting concepts like the fundamental accounting equation, double-entry system, chart of accounts, general journal, general ledger, adjusted trial balance, worksheet, closing entries and financial statements. The presentation covers analyzing transactions, journalizing, posting, preparing an unadjusted trial balance, making adjustments, preparing an adjusted trial balance, and closing temporary accounts to complete the accounting cycle.
This document provides summaries of various dashboards and reports available in a financial management software. It describes the purpose and key metrics reported in dashboards for cash flow, asset usage, balance sheet, trial balance, accounts receivable, accounts payable, fixed assets, profit and loss, revenue, and customers. Filters like fiscal year and ledger name are available to customize the time periods and accounts shown. Interactive charts and pivot tables allow comparing data in different views.
This document discusses various logistics scenarios in SAP and how they are handled from an accounting and process flow perspective. It provides an overview of key business processes like procure-to-pay, production planning, and order-to-cash. It then examines specific scenarios like procurement of stock/non-stock items, services, cross-company purchases, and stock transfers. For each scenario, it outlines the relevant process flows and accounting documents. The document is intended to enhance understanding of FICO integrations, accounting, and valuation in different logistics situations.
The document discusses how leading finance teams are supercharging financial reporting by enhancing their finance architectures. It provides examples of common goals and constraints faced by CFOs, such as reducing costs and complexity while improving transparency. It then describes how top performers are addressing these by focusing on timeliness, data centricity, and financial control. The document also outlines six common problems with typical finance systems and provides a case study of how one company addressed these issues to better understand profit drivers through integrated transaction data and standardized reporting processes.
The document discusses how leading finance teams are supercharging financial reporting by enhancing their finance architectures. It provides examples of common goals and constraints faced by CFOs, such as reducing costs and complexity while improving transparency. It then describes how top performers are addressing these by focusing on timeliness, data centricity, and financial control. The document also outlines six common problems with typical finance systems and provides a case study of how one company addressed these issues to provide more insightful reporting and analytics.
The audit found $250,370 in duplicate invoice payments from 2010-2013. 165 cases were identified where the same invoice was paid twice, often due to keying errors, paying the wrong vendor, or lack of invoice review. $463,657 in possible duplicates were determined not to be errors. The audit recommends improving controls over vendor setup, invoice matching, and review of payments to prevent future duplicate payments.
Prepare for your interview with these top 20 SAP FICO interview questions. For more IT Profiles, Sample Resumes, Practice exams, Interview Questions, Live Training and more…visit ITLearnMore – Most Trusted Website for all Learning Needs by Students, Graduates and Working Professionals.
Best IT Online Training Institute. Access video courses anytime, anywhere. High quality, Low Prices, Free Courses, Career Guidance, Tutorials & More in ITLearnMore.com. For more information visit http://www.ITLearnMore.com.
Accounting is a systematic process of recording, analyzing and summarizing transactions of an entity.
The transactions are recorded in the books of original entry
The transactions are then analyzed and posted in the Ledgers
Finally, the transactions are summarized in the Financial Statements
The Objective of Financial Statements is to provide information about the reporting entity’s financial position and financial performance that is useful to a wide range of users in making economic decisions.
An accounting as an information system (AIS) is a system of collecting, storing and processing financial and accounting data that are used by decision makers. An accounting information system is generally a computer-based method for tracking accounting activity in conjunction with information technology resources.
AIS is a structure that a business uses to collect, store, manage, process, retrieve and report its financial data so that it can be used by accountants, consultants, business analysts, managers, chief financial officers (CFOs), auditors, regulators and tax agencies.
The guidelines of Islamic Banking issued by Bangladesh Bank through BRPD Circular # 15 dated 09.11. 2009
The Company Act 1994
The Bank Company Act 1991 (Amendment up to 2018)
The Securities and Exchange Rules ,1987
Bangladesh Financial Reporting Standards (BFRS)
International Accounting Standard (IAS) as adopted by the ICAB
The Financial Reporting Act 2015
Listing Regulation of Dhaka Stock Exchange & Chittagong Stock Exchange, and
Other applicable laws and regulations.
Accounting is a systematic process of recording, analyzing and summarizing transactions of an entity.
* The transactions are recorded in the books of original entry
* The transactions are then analyzed and posted in the Ledgers
Finally, the transactions are summarized in the Financial Statements
Departmental accounting involves keeping separate accounts for each department within a company to track their individual profits and losses. While not common practice, some companies set up strategic business units to require certain departments to track their financial contributions. Departmental accounting allows departments involved in multi-step production processes, like a car factory, to keep their own accounts for inputs, processes, and outputs between departments.
The document provides instructions for reconciling a bank statement in SAP. It describes entering bank statement details such as opening balance, closing balance, and transaction amounts. These entries are saved and then posted to clear open items in clearing accounts and transfer them to the main bank account. This reconciles the bank balance with the balance in the company's books of accounts.
This document discusses designing a simplified cash flow statement in HFM. It explains that cash flow accounts prefixed with "CF" will be used to calculate cash flow as the change in the associated balance sheet account. Rules will run in entity currency and adjustments to translate cash flows at the average rate and capture reclasses. Beginning and ending cash accounts can be populated dynamically to validate the calculated cash flow matches the change in the cash balance.
The credit card chargeback process involves three main steps:
1. Receiving notification of a chargeback from the credit card company.
2. Recording the chargeback by unapplying the original receipt and applying the chargeback amount.
3. Validating the chargeback by either acknowledging it or proving it invalid, which may involve crediting the invoice or unapplying the chargeback.
Donna Jones has over 20 years of experience in the energy industry. She has held various roles such as a contracts gas settlements analyst at BP, where she generated invoices, ensured timely payments, and resolved issues. Prior to that, she was a contract financial analyst at BP where she monitored expenditures, costs, and well performance. Jones also has experience reconciling inventory and ensuring regulatory compliance at other energy companies. She demonstrates strong skills in accounting, analysis, and using various technical systems like SAP.
QuickASSET is simple, easy and effective (Desktop / Web Based) application which helps you to maintain and manage Unlimited Assets. It helps you to keep track of your assets and overcome the drudgery of maintaining the separate record for the Asset Management. It is generally established that maintaining the data pertaining to assets, its locations, AMC and Depreciation has become very necessary in view of allocation of large amount of investment involved.
The document provides steps for completing the asset closing process in SAP. It includes checking the last closed fiscal year, reconciling asset and accounting data, recalculating depreciation, executing depreciation and periodic postings, reconciling the general and subsidiary ledgers, performing the fiscal year change, and executing the year-end closing program. The asset closing process closes the fiscal year for asset accounting and accounting purposes and prepares the data for the new fiscal year.
This document summarizes the setup and configuration of transaction batch sources in Oracle Receivables. Transaction batch sources control how transactions are imported and define validation rules. They consist of six tabs that configure options like automatic numbering, customer and accounting defaults, error handling and more. Transaction sources can be defined manually or for imported transactions using AutoInvoice. Proper configuration determines how the transactions form behaves and how AutoInvoice validates imported data.
CMA (USA), MBA Finance, M.com and B.com with 8+ years experience in Accountin...AMIT SAXENA
PROFILE
A proficient professional with 8 years + of rich and comprehensive experience in Accounting, a highly accomplished and result oriented management professional with skills in achieving greater organizational efficiency & profitability.
Small Business Accounting and Financial Reporting_StarterCompanyRevisedJayson Bastien
The document provides information and guidance for youth entrepreneurs on topics such as the role of accountants, bookkeeping technologies, financial accounting, cash flow forecasting, cost accounting, pricing, taxes, and more. It also includes an introduction to the author and his experience as an accountant and mentor for youth entrepreneurs. The goal is to help youth starting, expanding, or purchasing a business with relevant financial information and advice.
The document provides an outline for a presentation on completing the accounting cycle. It discusses key accounting concepts like the fundamental accounting equation, double-entry system, chart of accounts, general journal, general ledger, adjusted trial balance, worksheet, closing entries and financial statements. The presentation covers analyzing transactions, journalizing, posting, preparing an unadjusted trial balance, making adjustments, preparing an adjusted trial balance, and closing temporary accounts to complete the accounting cycle.
This document provides summaries of various dashboards and reports available in a financial management software. It describes the purpose and key metrics reported in dashboards for cash flow, asset usage, balance sheet, trial balance, accounts receivable, accounts payable, fixed assets, profit and loss, revenue, and customers. Filters like fiscal year and ledger name are available to customize the time periods and accounts shown. Interactive charts and pivot tables allow comparing data in different views.
This document discusses various logistics scenarios in SAP and how they are handled from an accounting and process flow perspective. It provides an overview of key business processes like procure-to-pay, production planning, and order-to-cash. It then examines specific scenarios like procurement of stock/non-stock items, services, cross-company purchases, and stock transfers. For each scenario, it outlines the relevant process flows and accounting documents. The document is intended to enhance understanding of FICO integrations, accounting, and valuation in different logistics situations.
The document discusses how leading finance teams are supercharging financial reporting by enhancing their finance architectures. It provides examples of common goals and constraints faced by CFOs, such as reducing costs and complexity while improving transparency. It then describes how top performers are addressing these by focusing on timeliness, data centricity, and financial control. The document also outlines six common problems with typical finance systems and provides a case study of how one company addressed these issues to better understand profit drivers through integrated transaction data and standardized reporting processes.
The document discusses how leading finance teams are supercharging financial reporting by enhancing their finance architectures. It provides examples of common goals and constraints faced by CFOs, such as reducing costs and complexity while improving transparency. It then describes how top performers are addressing these by focusing on timeliness, data centricity, and financial control. The document also outlines six common problems with typical finance systems and provides a case study of how one company addressed these issues to provide more insightful reporting and analytics.
The audit found $250,370 in duplicate invoice payments from 2010-2013. 165 cases were identified where the same invoice was paid twice, often due to keying errors, paying the wrong vendor, or lack of invoice review. $463,657 in possible duplicates were determined not to be errors. The audit recommends improving controls over vendor setup, invoice matching, and review of payments to prevent future duplicate payments.
Prepare for your interview with these top 20 SAP FICO interview questions. For more IT Profiles, Sample Resumes, Practice exams, Interview Questions, Live Training and more…visit ITLearnMore – Most Trusted Website for all Learning Needs by Students, Graduates and Working Professionals.
Best IT Online Training Institute. Access video courses anytime, anywhere. High quality, Low Prices, Free Courses, Career Guidance, Tutorials & More in ITLearnMore.com. For more information visit http://www.ITLearnMore.com.
Accounting is a systematic process of recording, analyzing and summarizing transactions of an entity.
The transactions are recorded in the books of original entry
The transactions are then analyzed and posted in the Ledgers
Finally, the transactions are summarized in the Financial Statements
The Objective of Financial Statements is to provide information about the reporting entity’s financial position and financial performance that is useful to a wide range of users in making economic decisions.
An accounting as an information system (AIS) is a system of collecting, storing and processing financial and accounting data that are used by decision makers. An accounting information system is generally a computer-based method for tracking accounting activity in conjunction with information technology resources.
AIS is a structure that a business uses to collect, store, manage, process, retrieve and report its financial data so that it can be used by accountants, consultants, business analysts, managers, chief financial officers (CFOs), auditors, regulators and tax agencies.
The guidelines of Islamic Banking issued by Bangladesh Bank through BRPD Circular # 15 dated 09.11. 2009
The Company Act 1994
The Bank Company Act 1991 (Amendment up to 2018)
The Securities and Exchange Rules ,1987
Bangladesh Financial Reporting Standards (BFRS)
International Accounting Standard (IAS) as adopted by the ICAB
The Financial Reporting Act 2015
Listing Regulation of Dhaka Stock Exchange & Chittagong Stock Exchange, and
Other applicable laws and regulations.
Accounting is a systematic process of recording, analyzing and summarizing transactions of an entity.
* The transactions are recorded in the books of original entry
* The transactions are then analyzed and posted in the Ledgers
Finally, the transactions are summarized in the Financial Statements
Departmental accounting involves keeping separate accounts for each department within a company to track their individual profits and losses. While not common practice, some companies set up strategic business units to require certain departments to track their financial contributions. Departmental accounting allows departments involved in multi-step production processes, like a car factory, to keep their own accounts for inputs, processes, and outputs between departments.
COA Design Changes, and the Impact on your Ability to Report and Analyze your...Emtec Inc.
The document discusses designing an effective chart of accounts. It defines key terms like chart of accounts, segmentation, and statistical and parent-child accounts. It provides tips for designing the chart such as aligning it with organizational and financial structures and leaving space for growth. The presentation covers inputs to consider, common segments, and how the chart can support budgeting and performance measurement.
The document provides an agenda for a presentation on ACE Financials including sections on features, architecture/data flow, clients, and modules/features. It then discusses ACE Financials key features such as automatic GL distribution, web-based plugins, POS/PMS integration, multi-country/company capabilities, and unlimited user licensing. Finally, it summarizes some of ACE Financials' modules like receivables, payables, materials, payroll, and their key features.
This document provides information about ratio analysis and financial statement analysis. It discusses various types of ratios used in ratio analysis such as liquidity ratios, turnover ratios, leverage ratios, and profitability ratios. It provides definitions and formulas to calculate key ratios like current ratio, quick ratio, inventory turnover ratio, debtors turnover ratio, creditors turnover ratio, and debt-equity ratio. Sample calculations for these ratios from 2005-06 to 2008-09 are given along with diagrams to show the trends. The document emphasizes the importance of ratio analysis in evaluating the financial performance and position of a business.
The document provides an overview of key concepts in SAP FICO including:
- Clients, company codes, and organizational hierarchy in SAP. Transactions are posted at the company code level.
- Master data such as general ledger, customers, vendors, assets, and how they are created and integrated across different SAP modules.
- Additional concepts like profit centers, cost centers, internal orders, depreciation, currencies and exchange rates, document types, and how financial accounting is integrated with other SAP modules like MM, SD, CO, and AA.
- Configuration of fiscal year variants, posting periods, tolerance groups, and charts of accounts to enable financial accounting functionality.
The Accounts Receivable process begins when goods are shipped to a customer. This triggers SAP to automatically send an invoice by integrating customer and shipment data, posting to the Accounts Receivable subsidiary ledger and reconciliation account. When payment is received, the remittance advice applies the cash to open items on the customer account.
The Accounts Receivable module is organized using clients, company codes, and reconciliation accounts. Master data for customers is maintained at different levels, with general data at the client level and accounting/sales data at the company code level. Reconciliation accounts link subledgers like Accounts Receivable to the general ledger.
Customer master records contain key identification and contact information as well as account settings that control billing,
The document is a curriculum vitae for Navin Salian that outlines his work experience and qualifications. It summarizes that he has over 10 years of experience in accounting roles, including experience with rebates and pricing analysis, financial analysis, and accounting. He has a Bachelor's degree in Commerce from Bombay University and is proficient in SAP and Microsoft Office applications.
Microsoft Dynamics 365 Business Central Capability GuideDynamics Square
Microsoft Dynamics 365 Business Central Capability Guide, Get in Touch for Business Central Pricing, Demo & Implementation: https://www.dynamicssquare.com.au/business-central-implementation/
The document discusses financial accounting concepts like trading accounts, profit and loss accounts, and using accounting information systems. It defines trading accounts and explains their purpose is to calculate gross profit or loss. It also defines profit and loss accounts and how they are used to determine net profit. The document recommends using accounting information systems to automate financial statements for increased accuracy and efficiency over manual methods. It describes the components, benefits, and common types of accounting information systems.
The document discusses various methods for measuring corporate performance, including return on equity, return on assets, economic value added, and accounting rates of return. It provides examples of using these metrics to analyze the performance of Sainsbury, a UK supermarket chain, over several years. Specifically:
1) Return on equity, return on assets, margins, and liquidity ratios like current ratio declined for Sainsbury from 2011 to 2012, indicating weaker performance.
2) Metrics like asset turnover and inventory turnover remained relatively stable, suggesting working capital efficiency did not change significantly.
3) Accounting income only considers operating costs and not capital costs, so economic value added is a better measure as it incorporates the full cost
The document discusses automating cash flow reporting using SAP Business Planning and Consolidation (BPC). It describes common challenges in compiling cash flow statements manually using spreadsheets. Automating cash flow reporting using BPC can address these challenges by standardizing and controlling the process. The key steps to automating cash flow in BPC include mapping accounts to cash flow line items, setting up transaction types, developing cash flow rules to calculate line items, and allowing for some manual inputs through input templates. This allows generating cash flow statements from transactional data while building in controls.
This document describes the new features and enhancements in the 2007 version of SAP Business One. It covers updates to installation, internal reconciliation, financials, logistics, add-ons, and miscellaneous areas. Key changes include enhancements to internal reconciliation processes, cost accounting distribution rules, tax calculation, serial/batch handling, credit memos, and landed costs. The document also provides instructions for exercises to test some of the new features.
Falguni Kapadia is an experienced accountant with over 18 years of experience working in diverse industries such as manufacturing, services, and higher education. She is currently studying for her CPA Australia qualification. Her skills include accounts payable/receivable, financial reporting, budgeting, auditing, and system experience in ACCPAC, QuickBooks, Tally, and SAP. She is seeking new opportunities as an accountant.
How to Maximize Quickbooks (Retired Version)Lean Teams
The document outlines an agenda for a Quickbooks seminar, including breaks and lunch. It discusses setting up the Quickbooks environment, reports and reporting tools, bills and payables, banking, and integrations. Charts show income vs costs of goods sold for new construction vs remodeling, and expenses by category. The presentation recommends next steps like customizing reports in Excel and joining a training program. It emphasizes setting up preferences, permissions, accounts, and backups correctly in Quickbooks.
SAP ERP software was founded in 1972 by 5 former IBM engineers. It has financial accounting and controlling modules to track financial transactions and analyze profitability. The organizational structure in SAP defines finance reporting units like business areas, profit centers, and company codes. Master data includes this structure and defines accounts, vendors, customers and more. Transactions then use this data. Documents in SAP have header fields like document number and date, and line items with account types and debit/credit indicators to define specific entries. Document and posting types control valid configurations at the client level.
Vacation rental management budgeting and financial management 401Amy Hinote
Budgeting and managing finances for vacation rental managers: An in-depth four hour boot camp incorporating more hands-on knowledge of how to manage the financial landscape and use budgeting as a foundational tool to grow the business and meet future goals.
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