Rob Mathieson
Articles
Recent activity by Rob Mathieson
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Dashboards
Introduction By using cloud solution dashboards, a business can quickly comprehend and measure all their accounting data accurately, and in real-time with a single view. They enable the finance tea...
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Statistical Accounts
Introduction Statistical accounts are non-monetary accounts that can be used to maintain statistical information for a variety of metrics such as maintaining the employee headcount by the departmen...
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SOFA Reporting
Introduction The statement of financial activities (SOFA) is one of the main financial statements issued by non-profit organisations (NPOs). It is prepared instead of the income statement issued by...
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Cashflow
Introduction Cashflow is the movement of money, virtual or physical, in and out of a business. Cash received signifies inflows, and cash spent signifies outflows. The cashflow statement is a financ...
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Balance Sheet
Introduction/Summary In financial accounting, a balance sheet is a financial statement that reports a company's assets, liabilities, and shareholder equity. It provides a snapshot of a company's fi...
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Multi-Dimension Reporting
Introduction Multi-dimensional accounting eliminates the need for complex account codes. Instead of using the chart of accounts for reporting, operationally relevant details like department or loca...
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Trial Balance
Introduction/Summary A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value...
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Profit and Loss
Introduction Profit and loss statements summarise the revenues, costs, and expenses incurred during a specified period. The P&L statement is one of three financial statements every public company i...
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Management Reporting
Introduction/Summary Management reporting is a key term for a type of business intelligence that involves reports meant to help managers to oversee operations and performance. Bu using a cloud-base...
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Audit Trail
Introduction Although systems give audit trails of transactions, not many give full traceability of changes made within the system. This can lead to users changing information in the incorrect acco...
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