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Rob Mathieson

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Recent activity by Rob Mathieson

  • Recurring and Memorised

    Introduction Accounting systems being able to memorise or set up recurring transactions is a fantastic way to save time and effort, but not all systems offer this functionality. With cloud accounti...

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  • Approvals

    Introduction Speak to any accounts team and they will tell you approval processes can be a big pinpoint as they are often not traceable, slow, and ill-defined, especially if they are paper-based. C...

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  • Accruals and Prepayments

    Introduction How to spread the value of income and expenses across several months to improve your cash flow and get a realistic picture of your profits. Spreading the cost like this is known as mak...

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  • Journals

    Introduction A journal is used for recording non-regular transactions, for example, the depreciation of a fixed asset or writing off bad debt. You can also use journal entries to transfer values fr...

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  • General Ledger Accounts

    Introduction A general ledger account is a record used to sort, store, and summarise a company's transactions to produce the income statement, balance sheet, and other financial reports. Often this...

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  • Open Banking

    Introduction Open banking is the practice that provides third-party financial service providers open access to banking, transaction and other financial data from banks and non-bank financial instit...

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  • Bank Reconciliation

    Introduction Bank Reconciliation (Bank rec) is the process by which the bank account balance in an entity’s books of account is reconciled to the balance reported by the financial institution in th...

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  • Bank Feeds

    Introduction Bank feeds are data connections that allow you to automatically download incoming and outgoing transactions from your bank account to your accounting software. You can then work with t...

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  • Supplier Account Management

    Introduction Traditional processes for managing supplier data as part of the procurement process are inefficient, time-consuming, and error strew. Cloud-accounting solutions can help automate and s...

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  • Purchase Invoicing

    Introduction Purchase invoicing is an inefficient and frustrating task within any organisation. Cloud solutions can help integrate, streamline, and automate the end-to-end process, as well as provi...

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