Set up an accounts payable process to ensure vendors are paid on time, reduce duplicate payments, and maintain accurate financial records for your business.

Robotic process automation is playing a larger role at companies, including in the accounting and finance area, but many executives feel more needs to be done, according to a new report. Processing ...

Busy business owners need automation to review the financial picture, not generate the data. Creating effective processes can generate efficiencies, streamline procedures, provide better reporting, ...

Last year, the Financial Accounting Standards Board (FASB) provided private companies with an extra year to adopt lease accounting standard ASC 842. When this was announced, 63.8% of surveyed private ...

While significant accounting processes memos don't have the story line of your favorite novel, they do provide control over your company's financial reporting. Documentation of significant accounting ...

Maintaining a general ledger helps you gauge a business's financial health and avoid accounting mistakes. Learn what a ...

NORWALK, Conn.--(BUSINESS WIRE)--When the Financial Accounting Standards Board (FASB) issues a final standard, it means the FASB has concluded that the benefits derived from the standard justify the ...

The sequence of accounting procedures is also referred to as the accounting cycle. The process of going from sales to end-of-month statements has several steps, all of which must be executed correctly ...

The sales process can be arduous even when you have a steady flow of leads coming into your office and plenty of existing work sitting on your desk. Between the appointments that stand you up and ...

The handling of prepaid expense deferrals and expense accruals will be consistent with the last nine fiscal years. General Accounting processes all prepaid expense deferrals and accruals for all of ...

Payroll accounting helps employers stay on top of what they owe employees and understand how worker compensation impacts cash flow. Accounting is a critical part of every business, but have you heard ...

Learn how double-entry accounting records transactions twice, ensuring balance and accuracy by showing both a credit and a ...