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Author Posts: Mike
What Is an Aging of Accounts Receivable Report?
June 27, 2022 by Michael Whitmire
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
May 23, 2022 by Michael Whitmire
Working with the former accountants now working at FloQast, we decided to take a look at some of the pillars...
What Are Reconciling Items? Definition and Examples
May 4, 2022 by Michael Whitmire
As a business owner, reconciling your bank accounts, credit cards, and other balance sheet accounts periodically is essential. Reconciling allows you...
Rethink Your Recs: Announcing FloQast Reconciliation Management
April 12, 2022 by Michael Whitmire
As core to the accounting profession as reconciliations are, it’s really a wonder that most accountants still do them as...
What Is Intercompany Accounting
April 11, 2022 by Michael Whitmire
When two or more companies or different legal entities share the same parent company, transactions between the subsidiaries and with...
What is Contributed Capital?
April 1, 2022 by Michael Whitmire
Contributed capital is the amount of money that shareholders invest in a corporation in exchange for newly issued shares of...
Understanding Section 197 Intangibles
March 30, 2022 by Michael Whitmire
What Is a Section 197 Intangible?
Intangible assets have no physical representation, but that doesn’t mean they’re worthless. Like tangible property,...
What is the Month-End Close Process?
March 23, 2022 by Michael Whitmire
Complete and timely financial statements are the most powerful strategic tool for any organization. They help business owners measure progress...
2022 Month-End Close Checklist Excel Template
March 21, 2022 by Michael Whitmire
Accounting teams looking for ways to streamline and simplify their month end close process typically look at standardizing their reconciliations...
What Are ESG Reporting Standards in 2022? Exploring What’s Expected This Year and Beyond
March 9, 2022 by Michael Whitmire
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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