So debits and credits don’t actually mean plusses and minuses. Instead, they reflect account balances and their relationship in the accounting equation. This right-side, left-side idea stems from the accounting equation where debits always have to equal credits in order to balance the mathematically equation. The double entry accounting system is based on the concept of debits and credits. […]

Or perhaps a text message from an unidentified “customer support specialist” asking for the company credit card number. A Slack notification from an “internal administrator” requesting confidential VPN credentials. Maybe even a Zoom meeting invite sent by a digital extortionist masquerading as a friendly colleague. Aggregation and management among a plurality of storage providers Also, […]

To reference our early automotive analogy, while every car might run a little differently, they all perform best with proactive care and maintenance. In the same way, a good month end close requires teams to iron out processes, implement checklists, and leverage automation in order to get top-notch closing times. The most efficient accounting teams […]