Explore the benefits of automating revenue recognition for enterprises managing franchises & commissions. Find how automation reduces errors and enhances compliance.
Find out the limitations of ERP systems in revenue reconciliation, common challenges & best practices. Learn how AI & automation can help in improving accuracy.
Learn how financial controllers can speed up the month-end close with automation. Find best practices to tackle common challenges and streamline financial processes.
Days Sales Outstanding (DSO) may not give a complete picture of your financial health. Discover 10 KPIs that help you make more informed, data-driven decisions.
Explore how AI account reconciliation software overcomes traditional challenges, ensuring faster, more accurate reconciliations with enhanced visibility and control
Streamline month-end close for midsize businesses with AI automation. Centralize data, standardize processes, and enhance accuracy for smoother financial closes
Learn the right approach for applying AI for error detection during the financial close process Okay...can you update the ebooks as per the new template?
Find how to transform a chaotic close into a choreographed process using automated tools, improving task management, and enhancing accuracy in financial reconciliation
This e-book outlines the changing dynamics in the B2B payments landscape within mid-sized businesses. Understand the challenges involved in traditional payment methods and how it…
Master intercompany reconciliation with examples, step-by-step processes, and Examples. Learn journal entries, software solutions, and best practices for accuracy.
Streamline point of sale reconciliation process with effective steps and best practices. Ensure accurate sales reconciliation and error-free financial records
Find out how to account for deferred commissions under ASC 606. Learn key journal entries, calculation methods, and best practices for efficient revenue recognition.
Learn how to calculate price variance, including purchase and material price variances. Discover how price variance works in cost accounting to improve accuracy
Learn the key differences between unadjusted and adjusted trial balances. Understand why adjusting entries are crucial for accurate financial reporting.
Learn what a purchase credit journal entry is, how to record it, and see examples. Explore advantages and limitations in managing your business transactions effectively
Learn how to book capitalized software costs with steps and examples. Understand capitalization of internal software & differences between expensing and capitalizing costs.
The best scenario planning tools to model business scenarios effectively. Learn how to create scenario plans and see how HighRadius can enhance your planning process
Learn how to accurately record interest revenue and interest receivable with detailed journal entry examples. Understand its importance on the balance sheet and in financial…
Learn GAAP accounting principles, their history, GAAP compliance, and how GAAP differs from IFRS. Understand non-GAAP reporting and the limitations of GAAP
Explore how AI in accounting tackles challenges and drives ROI. Find out how HighRadius can integrate AI into your accounting processes for greater efficiency.
Find what robotic accounting is and how it works. Learn how robotic process automation is revolutionizing accounting with examples, benefits, and robotic accounting software.
Learn how close management software standardizes processes, improves collaboration, & improves accuracy, helping accounting teams close faster with better ROI.
Learn what derivative accounting is, examples, rules, and GAAP compliance. Explore the advantages and disadvantages of accounting for options and other derivatives
Internal control in accounting ensures accurate financial reporting, asset protection, and compliance with regulations. Find its main purpose and types with examples.
Trade reconciliation is the process of matching and verifying records to ensure accuracy and consistency in financial transactions. Explore Examples and Challenges.
Boost your financial accounting career with these essential Excel templates, tricks, and best practices. Perfect for seasoned accounting professionals, and beginners!
Learn the foreign currency translation process, methods, and adjustments. Discover how to automate foreign currency translation for accurate financial reporting
Learn what ASC 340-40 is, explore its main components, different types of costs involved, and find key considerations for implementing ASC 340-40 in your business.
Understand what a transaction in accounting is, explore different types, and learn how transaction analysis is conducted. Get a clear summary of accounting transactions.
Master the accounting busy season with tips for managing tax deadlines, year-end closings, and quarterly reporting. Learn to streamline tasks with automated workflows.
Explore why accounting is crucial for businesses and explore the various types of accounting. Find how accounting impacts business and why it's essential for success
Learn what a Profit and Loss (P&L) statement is, its types, and key components. Explore examples, how to analyze, and a step-by-step guide on creating…
Permanent and temporary accounts are differentiated by how they measure financial performance of a business. Explore their meaning, examples and key differences.
Find how automated SOX compliance software can streamline compliance processes & reduce costs. Also learn about the testing process, and the benefits of SOX software
Lease amortization is the gradual repayment of a leased asset's cost over time. Find how it's calculated, and the benefits of a lease amortization schedule.
Introduction In today’s digital age, businesses of all sizes are increasingly turning to cloud accounting solutions to streamline financial management. Traditional accounting methods are becoming…
Explore how managed accounting services, featuring cloud software, automation, and expert accountants, can streamline your operations and boost your business growth
Explore the meaning of a cost center in accounting, along with examples, types, and benefits. Learn how cost centers can streamline financials for your business.
Understand the crucial differences between a trial balance and a balance sheet. Learn their purposes, formats, and how they play a role in financial reporting.
Explore the fundamentals of accounting policies, including key elements, examples, and distinctions between conservative vs. aggressive accounting approaches.
Learn what deferrals in accounting are and how they work. Explore the difference between deferrals and accruals, and how to manage them using accounting software
Section 197 intangibles are assets acquired through business purchases. Explore their types, taxation, amortization claims, and examples to manage these assets
Learn how to become a virtual accountant and start your own remote accounting firm. Explore the benefits, challenges, & steps in offering virtual accounting services
Explore the differences between compilation, review, & audit in accounting. Understand what each entails and how to choose the right option for your financial needs.
Understand the roles of accounting and auditing, their key differences, and similarities. Learn which one your business should focus on for better financial management.
Learn about the history, purpose, and types of cost accounting. Also, dive in to find formulas and how software can streamline your cost accounting processes
Explore how data anomaly detection can safeguard financial transactions. Learn about techniques and best practices for identifying anomalies in transaction data.
Explore payroll accounting from examples to setting up systems. Also, learn how to calculate payroll expenses and find the best payroll accounting software
Learn about the matching principle in accounting, its significance, real-world examples, challenges, and how autonomous software can help streamline the process.
Introduction Imagine wrapping up a thrilling mystery novel where every clue fits perfectly into place—that’s what a well-executed month-end close process feels like for finance…
Cost Allocation is the process of identifying and assigning costs to cost objects. Learn how it works, improve profitability and ensure transparency in financial reporting.
Direct write off and allowance method are two different approaches used to account for debts that cannot be collected. Learn here about the key differences…
In accounting, R2R stands for Record to Report, which is the process of collecting, processing, and delivering financial data for business decision-making.
In accounting, transfer pricing refers to the rules and methods for pricing transactions within and between enterprises. Dive in to learn about it's benefits and…
International Financial Reporting Standards (IFRS) consist of accounting rules that determine how transactions are required to be reported in financial statements.
Cash basis accounting is a method where revenue and expenses are recorded when cash is paid or received. Learn everything about this type of accounting…
General journal is the first phase of an accounting bookkeeping system where all transactions are reported in chronological order. Learn all about this concept in…
Explore the top 10 financial close management software of 2024. Compare their pros and cons to find the best solution for enhancing financial accuracy and…
Uncover the impact of ERP systems in accounting, including benefits and tips. Also, find out how you can integrate your ERP with modern accounting software.
Find out why it is important for your business to shift from automated to autonomous finance. Explore the key components and benefits of autonomous finance.
Explore the top 20 account reconciliation tools of 2024. Compare their pros and cons to find the best solution for enhancing financial accuracy and efficiency.
Learn the definition, roles, objectives, and differences between internal and external audits, and understand what internal and external auditors look for.
Automated account reconciliation improves accuracy, efficiency, and compliance, reducing errors and time compared to manual Excel-based reconciliation for businesses.
Cash reconciliation matches company cash records with the bank statement. Find out the steps involved and how Highradius autonomous software can help your Business.
Liquid assets are easily converted into cash, while fixed assets are not. Find key differences between the two and determine which one you should prioritize
SOX internal controls are procedures to ensure the accuracy of financial reporting. Explore how you can automate the SOX auditing process for your business
Payroll reconciliation is the process of ensuring that payroll records match financial statements and employee payments. Explore steps on how to do it.
Cumulative Translation Adjustment (CTA) accounts for exchange rate effects on a company's foreign subsidiaries. Dive in to find out why it is important with examples
Learn about the difference between debits and credits and their rules in accounting with examples and how they balance each other in double-entry bookkeeping
Find out SOX compliance essentials: history, requirements, benefits, checklist, and how software solutions like HighRadius can streamline your compliance efforts.
Guide to Accounting vs. Financial Management: Find out the definitions and key differences between these two fields. Also, explore how HighRadius can help you.
Learn about the process, example and checklist for balance sheet reconciliation. This article provides a comprehensive guide to help you reconcile your balance sheet effectively.
Introduction Effective inventory management is critical for any business’s success and profitability. Unfortunately, many businesses struggle with ordering the right amount of inventory. They either…
Ultimate guide on accounts reconciliation, covers all the basics, challenges, and including how autonomous accounting can transform the process with example.
Learn the 3 golden rules of accounting: personal, real, and nominal accounts, to master financial record-keeping and ensure accurate financial statements.
Explore what an accountant does and their responsibilities. Also, dive in to find out the skills required to become a job-fit accountant in today’s world
The future of accounting is already here. Learn about emerging trends and technologies which are shaping the industry in 2024 and its importance for accountants
ASC 842 lease accounting mandates lessees to report lease assets and liabilities on balance sheets. Learn about its types, examples and how they are recorded.
Liabilities are financial obligations that a company owes to external parties. Explore its different types, examples and find how it differs from assets.
Internal audit is an independent evaluation of an organization's risk management. Dive in to find different types of internal audit and how to conduct them.
Optimize your month-end close with our guide. Learn essential steps, best practices, automation benefits, and detailed checklists for a seamless accounting process.
Clearing accounts are temporary holding accounts used to facilitate the accurate settlement of financial transactions.Explore examples, types, and benefits
Small business accounting is how small companies keep track of their money. Learn about basic bookkeeping tips, important financial documents, and top software choices.
Contributed capital refers to the funds that shareholders invest in a company in exchange for ownership stakes. Explore examples and learn how it is calculated
A payroll journal entry is an accounting method used to record payments made to employees. Learn the different types of payroll journal entries with examples.
Explore suspense accounts in accounting: definition, types, and examples. Learn about their role in balance sheets and the concept of suspense balances.
Explore the advantages and history of double-entry bookkeeping, see examples, and compare it with single-entry systems to understand its importance in accounting.
Discover what is COA, its definition and explore how it structures financial transactions. Also, learn key aspects of setting up and managing an effective COA.
Learn about revenue recognition principles, models, and examples. Understand GAAP revenue recognition, methods, and the importance of proper income recognition policies
Discover how HighRadius' accounting solution integrates seamlessly with your existing ERP to streamline processes and enhance efficiency with integrated packages.
Explore financial statement interpretation with our comprehensive guide. Discover types, analysis, and examples to master balance sheets, income statements, and more for business success.
Explore the complexities of bankruptcy preference payments, including preferential laws, transfers, defenses, and the 90-day period to avoid common pitfalls.
Invoice payment terms refer to the conditions and terms under which a buyer agrees to pay the seller for goods or services provided, benefiting businesses…
Merchant payment processing services refer to a range of financial services that enable businesses to accept and process payments from customers and facilitate transactions through…
Check fraud refers to the act of intentionally deceiving or defrauding someone by using fraudulent checks. Discover the various types of check fraud and how…
Explore the essentials of merchant fees in our quick guide. From merchant service charges, interchange rates to situational fees, learn how to effectively manage your…
The accounting cycle is a systematic process businesses follow to record, analyze & report financial transactions. Understand steps of the accounting cycle here!
Adjusting journal entry occurs at the end of an accounting period to record any unrecognized income or expenses. Learn how adjusting journal entries works with…
Shortage of accountants are having an impact on businesses. Understand why there is shortage of accountants & adopt technology to handle the CPA shortage in…
Audit automation helps organizations maintain compliance with greater accuracy and efficiency. Learn to use ai in the audit process, its benefits & use cases.
A general ledger is a core accounting record that provides a centralized summary of all financial transactions within a business, benefiting in terms of financial…
Modern accounting uses technology to transform traditional accounting systems by automating them. Learn the benefits of implementing technology in accounting.
Outsourcing accounting services offers cost-saving benefits and access to experts, yet comes with risks. Know when it's the right fit for your organization.
Discover the pivotal role of ethics in accounting and the six fundamental principles guiding ethical conduct for accountants. Explore how ethical practices safeguard financial integrity,…
An integrated audit thoroughly evaluates both financial and operational aspects, providing comprehensive insights into your organization's overall effectiveness and efficiency.
Cash reconciliation is the business process that verifies the cash balance in a register at the close of business. Learn Cash Reconciliation in Sage Intacct.
Learn about the challenges of financial close process, the role of AI in achieving day-zero close, and parameters for choosing financial automation software.
4 practical examples of bank reconciliation statement problems. Example #1: Cash Book Balance More Than Bank, Example #2: Cash Book Balance More Than Bank &…
Receivables are the money owed to a business by its customers. Read here about the different types of receivables in accounting and their significance.
Financial close solutions help companies automate their financial close process. Explore its top benefits and learn how you can integrate with your business.
Bottlenecks in the accounting process cause delay in month-end closes but accounting solutions can remove friction from your data sources and result in better closings.
Find what intercompany accounting is, common transaction types, journal entry examples, and explore best practices to overcome challenges in intercompany transactions
The blog provides explores the challenges the office of the CFO face while performing year-end close and how they can overcome them by adopting intelligent…
HighRadius reveals the top five trends that are shaping CFOs’ digital transformation efforts based on insights gathered from Gartner’s recent 2022 CFO and Finance Executive…
Discover the ultimate Excel-based vendor evaluation scorecard by HighRadius to streamline your financial close process and choose the best month-end close software with our step-by-step…
This anomaly management dashboard template helps accounting teams keep track of anomalies, assign them to analysts, and store evidence for their resolution.
Free monthly financial report template for accounting teams. Track essential KPIs and gain financial insights with this customizable Excel dashboard. Download Now.
Download this month-end close checklist template to understand how a proper checklist can simplify the process by avoiding various financial close bottlenecks
