Author Posts: Mike

Accounting

What Is an Aging of Accounts Receivable Report?

An accounts receivable aging report is a schedule of all customers that owe the business money and how behind those...

Accounting Accounting Reconciliation Journal Entries

What is a Journal Entry in Accounting? Definition & How to

Working with the former accountants now working at FloQast, we decided to take a look at some of the pillars...

Accounting Reconciliation

What Are Reconciling Items? Definition and Examples

As a business owner, reconciling your bank accounts, credit cards, and other balance sheet accounts periodically is essential. Reconciling allows you...

Company News

Rethink Your Recs: Announcing FloQast Reconciliation Management

As core to the accounting profession as reconciliations are, it’s really a wonder that most accountants still do them as...

Accounting

What Is Intercompany Accounting

When two or more companies or different legal entities share the same parent company, transactions between the subsidiaries and with...

Accounting

What is Contributed Capital?

Contributed capital is the amount of money that shareholders invest in a corporation in exchange for newly issued shares of...

Accounting

Understanding Section 197 Intangibles

What Is a Section 197 Intangible? Intangible assets have no physical representation, but that doesn’t mean they’re worthless. Like tangible property,...

Accounting Month End Close

What is the Month-End Close Process?

Complete and timely financial statements are the most powerful strategic tool for any organization. They help business owners measure progress...

Accounting Month End Close

2022 Month-End Close Checklist Excel Template

Accounting teams looking for ways to streamline and simplify their month end close process typically look at standardizing their reconciliations...

Accounting

What Are ESG Reporting Standards in 2022? Exploring What’s Expected This Year and Beyond

What are ESG Reporting Standards in 2022? ESG (environmental, social, and governance) reporting standards have changed in the last year alone,...
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