Post Tagged with: "general ledger"

Essential Year-End Bookkeeping Adjustments

November 28, 2017 12:24 pm0 comments
Essential Year-End Bookkeeping Adjustments

By : Sunil Khullar **** As 2017 is going to end soon, year-end closing of the books is one of the vital concerns for most business owners. The year-end period involves critical accounting works which include sending customer statements, reconciling bank accounts, preparing financial documents, computing year-end taxes, and many others. Accountants and bookkeepers need to record year-end adjustments or journal entries in the company’s books of accounts before the final release of the financial statements.

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SAP ERM Strategy – An Observation

December 11, 2014 9:35 pm1 comment
SAP ERM Strategy – An Observation

By : Ameera Tabassum *** Due to the growing number of challenges in the internal processes and external supply chains recently, most growing business enterprises have already realized the importance of enterprise risk management solutions in depth. The industry experts also have analyzed the important role ERM plays in SAP solution suite.

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What is a “Chart of Accounts”?

May 7, 2013 3:13 pm2 comments
What is a “Chart of Accounts”?

When a company’s accounting system is set up, the accounts most likely to be affected by the company’s transactions are identified and listed out. This list is referred to as the company’s chart of accounts.

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