Tag: technology
How Teams Can Avoid a Burnout Crisis With an Employee-First Mindset — Part 1
March 14, 2022 by Katie Thomas, CPA
About the Author: Katie Thomas, CPA is a content creator, 2021 40 under 40 CPA Practice Advisor recipient, and the...
Transparency, Clear Communication, and Support: Optimizing the Financial Close for Maximum Efficiency
March 7, 2022 by John Siegel
Despite two-year’s worth of practice at executing the monthly financial close process remotely, many teams still struggle with a wide...
What are Temporary Accounts? An In-Depth Look
March 2, 2022 by Michael Whitmire
What Are Temporary Accounts?
Temporary accounts, also known as nominal accounts, are those where the balance goes to zero before starting...
How EMEA Accounting Teams Can Increase Financial Velocity and Ensure Accuracy With FloQast and NetSuite
February 23, 2022 by John Siegel
With remote-hybrid work the de facto standard post-2020, insight into the day-to-day operations of teams is critical to supporting business...
How to Create a Profit & Loss Statement: Free Template
February 2, 2022 by Brandon Malekie
What Is a Profit and Loss Statement? (and How to Create One)
Most business owners understand they need to track income...
FloQast Partners With Human-I-T for a More Sustainable Future and To Combat the Digital Divide
January 24, 2022 by John Siegel
The last straw came about a year ago. I don't remember what it was (or if it was a year...
What Is Double-Entry Bookkeeping? An In-Depth Look at One of the Pillars of Accounting
January 7, 2022 by Michael Whitmire
Double-entry bookkeeping – as the name implies – means that every business transaction is entered twice in the accounting records.
Wait,...
How FloQast ReMind Helped PulteGroup’s Accountants Cut to the Chase
January 5, 2022 by John Siegel
There are few things as satisfying as checking off one’s lengthy to-do list.
But when that to-do list item is to...
How to Close The Fiscal Year in Great Plains
December 29, 2021 by Shivang Patel
The Year-End Close is like the Super Bowl for accountants: You put in the reps doing the heavy lifting.
You tackled...
Closing Strong: Best Practices for a Streamlined, Effective Year-End Close
December 22, 2021 by Michael Whitmire
And just like that, it’s that time of year again. The presents are (mostly) wrapped, holiday plans are (somewhat) solidified,...