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Posted on April 28, 2022 at 7:33pm 0 Comments 0 Likes
At the bottom of your spreadsheet for February, add this observe, tracking adjustments to your balance.
Adjusting entries and ensuring they’re all reviewed, investigated and approved earlier than posting to the GL. Reconciling and making adjusting entries are complicated processes and the place most bottlenecks within the close process happen. This is where accountants spend the bulk of the shut cycle, acting as detectives and inner auditors to search out the source of every exception…
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