Record To Report Knowledge Center

Webinars

Introduction to Autonomous Accounting

Ric Ratkowski Accounting Consultant, HighRadius
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There has to be a better way to close books

Ric Ratkowski, Product Consultant, HighRadius
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eBooks

The Business Case for Revenue Recognition Automation

Explore the benefits of automating revenue recognition for enterprises managing franchises & commissions. Find how automation reduces errors and enhances compliance.
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Can’t Meet Your Revenue Reconciliation Needs with an ERP?

Find out the limitations of ERP systems in revenue reconciliation, common challenges & best practices. Learn how AI & automation can help in improving accuracy.
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Controller’s Guide to a Stress-Free Month-End Close

Learn how financial controllers can speed up the month-end close with automation. Find best practices to tackle common challenges and streamline financial processes.
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Beyond DSO: 10 KPIs Reshaping Order to Cash Process

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.
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Transforming Account Reconciliation for Midsize Organizations

Explore how AI account reconciliation software overcomes traditional challenges, ensuring faster, more accurate reconciliations with enhanced visibility and control
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Buyer’s Guide to Financial Close: Transform Your Month-End Process

Explore key challenges, benefits, features & vendor selection tips for automated accounting software. Key insights for CFOs & VPs to optimize financial processes.
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Effective Close Management for Midsize Organizations

Streamline month-end close for midsize businesses with AI automation. Centralize data, standardize processes, and enhance accuracy for smoother financial closes
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The Reality of Implementing AI in Record-to-Report

Discover how Generative AI and machine learning can improve upon your Record to Report process by providing insight and reducing financial risk.
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What CFOs Taught Us in 2022

From our conversations with hundreds of CFOs, this eBook highlights the key learnings from the most enlightening conversations that stood out in 2022.
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AI Demystified for Detecting Errors and Omissions in the Monthly Financial Close Process

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?
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Best practices for improving month end close accuracy

Download the guide to explore the best accounting practices for finance teams to achieve a faster and accurate month-end close
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Streamline Account Analysis for Month End Close Process

Learn what accounting analysis is and how to do account analysis in order to improve month close process.
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Why does Month End Close Take Time?

Learn about the various financial close bottlenecks Discover how financial close software can simplify the month end close process
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Organizing the Month End Financial Close Process

Find how to transform a chaotic close into a choreographed process using automated tools, improving task management, and enhancing accuracy in financial reconciliation
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Autonomous Accounting: Breaking The Mould For The Financial Close

Learn how CFOs need to reimagine automation and technology with autonomous accounting to achieve faster and smoother financial close.
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6 Bank Reconciliation Improvements in Microsoft Business Central 365

In this whitepaper, we shall discuss implementing best practices to simplify bank reconciliation in Dynamics 365 Business Central.
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Payment Challenges Faced by Mid-Sized Businesses

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…
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Blogs

What is Purchase Credit Journal Entry and How to Record It

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
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Guide on How to Book Capitalized Software Costs Journal Entry

Learn how to book capitalized software costs with steps and examples. Understand capitalization of internal software & differences between expensing and capitalizing costs.
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5 Best Scenario Planning & Modeling Tools for Your Business

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
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Interest Revenue Journal Entry: How to Record Interest Receivable

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…
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What are GAAP Accounting Principles? | GAAP Compliance & History

Learn GAAP accounting principles, their history, GAAP compliance, and how GAAP differs from IFRS. Understand non-GAAP reporting and the limitations of GAAP
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Top Challenges in Accounting & How AI Can Solve Them

Explore how AI in accounting tackles challenges and drives ROI. Find out how HighRadius can integrate AI into your accounting processes for greater efficiency.
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What is Robotic Accounting: Benefits and How it Works?

Find what robotic accounting is and how it works. Learn how robotic process automation is revolutionizing accounting with examples, benefits, and robotic accounting software.
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Understanding AI in Accounting: Trends and Future Roles

Explore the impact of AI in accounting, from essential tools to trends shaping the future. Find if AI will replace accountants and what lies ahead…
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What is Close Management Software: Benefits and ROI

Learn how close management software standardizes processes, improves collaboration, & improves accuracy, helping accounting teams close faster with better ROI.
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What is Accrued Interest in Accounting? Examples & Calculation

Accrued interest is unpaid interest that has accumulated over time. Learn it's formula, how to calculate it, and explore examples, including bonds
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What is Derivative in Accounting: Examples, and GAAP Compliance

Learn what derivative accounting is, examples, rules, and GAAP compliance. Explore the advantages and disadvantages of accounting for options and other derivatives
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What are Internal Controls: Purpose, Examples and Types

Internal control in accounting ensures accurate financial reporting, asset protection, and compliance with regulations. Find its main purpose and types with examples.
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Understanding Trade Reconciliation: Streamlining Processes with Automation

Trade reconciliation is the process of matching and verifying records to ensure accuracy and consistency in financial transactions. Explore Examples and Challenges.
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Excel for Accountants: Everything You Need to Know [+ Free Templates]

Boost your financial accounting career with these essential Excel templates, tricks, and best practices. Perfect for seasoned accounting professionals, and beginners!
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What is Foreign Currency Translation? Adjustment, Process & Method

Learn the foreign currency translation process, methods, and adjustments. Discover how to automate foreign currency translation for accurate financial reporting
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Understanding ASC 340-40: Components, Costs & Considerations

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.
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What is Transaction in Accounting? An Easy Guide

Understand what a transaction in accounting is, explore different types, and learn how transaction analysis is conducted. Get a clear summary of accounting transactions.
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What is Busy Season Accounting: Survival Tips for Accountants

Master the accounting busy season with tips for managing tax deadlines, year-end closings, and quarterly reporting. Learn to streamline tasks with automated workflows.
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Why is Accounting Important and What are its Different Types

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
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What is a Profit and Loss Statement: Key Component & Examples

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…
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How Do Temporary Accounts Differ From Permanent Accounts?

Permanent and temporary accounts are differentiated by how they measure financial performance of a business. Explore their meaning, examples and key differences.
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A Complete Guide on Simplifying Compliance with Automated SOX Software

Find how automated SOX compliance software can streamline compliance processes & reduce costs. Also learn about the testing process, and the benefits of SOX software
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A Complete Guide on How to Calculate Lease Amortization Schedule

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.
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A Complete Guide on Cloud Accounting: Benefits and Advantages

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…
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What is Managed Accounting and How it Can Help in Business Growth?

Explore how managed accounting services, featuring cloud software, automation, and expert accountants, can streamline your operations and boost your business growth
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What is Cost Center in Accounting: Example, Types, and Benefits

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.
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What are Net Tangible Assets: Importance, Formula & Example

Dive in to find the importance of Net Tangible Assets (NTA), how to calculate them, and their advantages. Also learn the difference between NTA and…
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Trial Balance vs. Balance Sheet: Example, Usage & Format

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.
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What are Accounting Policies? With Key Elements and Examples

Explore the fundamentals of accounting policies, including key elements, examples, and distinctions between conservative vs. aggressive accounting approaches.
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What is Net Fixed Assets: Formula and Steps to Calculate

Net fixed assets are the total value of a company's property, plant and equipment minus accumulated depreciation. Dive in to explore steps on how to…
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A Guide to Automated Accounting: Benefits and Tips

Accounting automation involves the use of software to automate important finance operations. Learn the benefits of automating your accounting process.
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Understanding Deferrals in Accounting: Key Concepts and Examples

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
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Financial Audit : Meaning, Types & Best Practices

A Financial Audit is a detailed examination of a company’s financial records. Learn everything about this audit in detail to improve your process.
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Net Book Value (NBV) : Meaning, Formula, Benefits & Calculation

Net Book Value (NBV) is the historical value of a company’s assets. Learn in detail about this concept including the formula and how to calculate…
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A Complete Guide on Section 197 Intangibles: Types and Examples

Section 197 intangibles are assets acquired through business purchases. Explore their types, taxation, amortization claims, and examples to manage these assets
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A Guide on What is a Virtual Accountant and How to Become One?

Learn how to become a virtual accountant and start your own remote accounting firm. Explore the benefits, challenges, & steps in offering virtual accounting services
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What is the Key Difference Between Compilation, Review, & Audit?

Explore the differences between compilation, review, & audit in accounting. Understand what each entails and how to choose the right option for your financial needs.
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Accounting vs. Auditing: Key Differences & Similarities

Understand the roles of accounting and auditing, their key differences, and similarities. Learn which one your business should focus on for better financial management.
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Guide to Cost Accounting: History, Purpose, and Examples

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
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Complete Guide to Data Anomaly Detection in Financial Transactions

Explore how data anomaly detection can safeguard financial transactions. Learn about techniques and best practices for identifying anomalies in transaction data.
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What is Payroll Accounting: Definition, Examples, and Systems

Explore payroll accounting from examples to setting up systems. Also, learn how to calculate payroll expenses and find the best payroll accounting software
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Matching Concept in Accounting: Definition, Challenges and Best Practices

Learn about the matching principle in accounting, its significance, real-world examples, challenges, and how autonomous software can help streamline the process.
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Month-End Close: Steps, Checklist, and Best Practices

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…
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Journal Entry – Definition, Types, Examples & How to Record It

A Journal Entry is the record of a financial transaction in the accounting system. Learn about its types and how to record this accounting entry…
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A Comprehensive Guide to Cost Allocation [With Methods & Examples]

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.
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Direct Write-Off Vs Allowance Method – Meaning, Differences & Similarities

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…
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What is an Income Summary Account and How to Calculate It?

An income summary account is a temporary account used to summarize net income for a period before transferring it to retained earnings. Learn how to…
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What is Record to Report (R2R) Process: Benefits and Steps

In accounting, R2R stands for Record to Report, which is the process of collecting, processing, and delivering financial data for business decision-making.
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What is Transfer Pricing: Example, Benefits & Principle

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…
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What Are International Financial Reporting Standards (IFRS)?

International Financial Reporting Standards (IFRS) consist of accounting rules that determine how transactions are required to be reported in financial statements.
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What is Accrued Payroll and How to Calculate it ?

Accrued payroll refers to salaries and compensation earned by employees but not yet paid by the end of the accounting period. Learn how to calculate…
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Cash Basis Accounting – Meaning, Examples & Benefits

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…
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Accounting Entry for Depreciation – Meaning, Examples, & How to Calculate It

The purpose of depreciation is to allocate the cost of a fixed or tangible asset over its useful life. Learn all about the accounting process…
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General Journal – Meaning, Types, Format & Examples

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…
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10 Best Financial Close Software Tools for Midsized Businesses [2024]

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…
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What is an ERP System in Accounting: Key Features and Significance

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.
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A Complete Guide on Shift to Autonomous Finance for Businesses

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.
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20 Best Account Reconciliation Software & Tools for 2024

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.
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Amortization Of Intangible Assets – Definition, Examples, and Calculation

Amortization of intangible assets is the process of expensing the cost of a nonphysical asset over its projected life for accounting purposes
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A CFO’s Guide to Maximizing Financial Success with SMART Goals

SMART goals can help you set and keep track of your financial aspirations. Explore key objectives and learn how to set financial goals for your…
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External Audit vs Internal Audit: Key Differences

Learn the definition, roles, objectives, and differences between internal and external audits, and understand what internal and external auditors look for.
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5 Advantages of Automated Reconciliation for your Business

Automated account reconciliation improves accuracy, efficiency, and compliance, reducing errors and time compared to manual Excel-based reconciliation for businesses.
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What is Cash Reconciliation: Steps, Examples and Implementation

Cash reconciliation matches company cash records with the bank statement. Find out the steps involved and how Highradius autonomous software can help your Business.
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Detailed Analysis of Net Realizable Value (NRV) with Formula and Examples

Net realizable value (NRV) is the estimated selling price of an asset minus any costs to sell it. Dive in to find how it is…
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6 Key Differences between Liquid Assets and Fixed Assets

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
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A Complete Guide on SOX Controls with Examples and Best Practices

SOX internal controls are procedures to ensure the accuracy of financial reporting. Explore how you can automate the SOX auditing process for your business
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6 Steps for Hassle Free Payroll Reconciliation in Accounting

Payroll reconciliation is the process of ensuring that payroll records match financial statements and employee payments. Explore steps on how to do it.
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A Guide to Cumulative Translation Adjustment (CTA) with Examples

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
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Debit vs. Credit Differences in Accounting: Rules and 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
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What are Accounting Expenses: Types and Examples

An expense is the cost of operations that a company incurs to generate revenue. Find its different types with examples and learn how to record…
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The Ultimate Guide to SOX Compliance in 2024

Find out SOX compliance essentials: history, requirements, benefits, checklist, and how software solutions like HighRadius can streamline your compliance efforts.
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Year-end Accounting Checklist: Close the Fiscal Year Early

A year-end accounting checklist is a set of targets including report releases that you want to complete before the financial year ends.
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What are Current Liabilities: Example and Calculation

Current liabilities are a company’s debts or obligations that are due to be paid to creditors within one year. Learn how to calculate it with…
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Key Difference Between Financial Management and Accounting

Guide to Accounting vs. Financial Management: Find out the definitions and key differences between these two fields. Also, explore how HighRadius can help you.
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Guide to Balance Sheet Reconciliation: Process, Example, and Best Practices

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.
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Double Declining Balance Depreciation: Formula & Calculation

Double Declining Balance (DDB) Depreciation is an accelerated depreciation method that writes off an asset's cost at twice the straight-line rate.
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What Is Economic Order Quantity: Calculation and Benefits

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…
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Complete Guide on Stock Based Compensation (SBC) in Accounting

Stock-based compensation is a way to incentivize employees. It is recognized as a non-cash expense on the income statement and added back on the cash…
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Key Differences of Amortization vs Depreciation You Need to Know

Explore the differences between amortization vs depreciation. Understand amortization expenses and depreciation expenses for business assets.
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What is an Amortization Schedule and How to Calculate it

Amortization is the process of allocating the cost of an intangible asset over its useful life. Explore its types, and find formulas to calculate it.
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Account Reconciliation: Process, Challenges, Best Practices

Ultimate guide on accounts reconciliation, covers all the basics, challenges, and including how autonomous accounting can transform the process with example.
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What are the 3 Golden Rules of Accounting: Types & Example

Learn the 3 golden rules of accounting: personal, real, and nominal accounts, to master financial record-keeping and ensure accurate financial statements.
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Find Out What Does an Accountant Do and How To Become One

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
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Future of the Accounting Industry: 7 Important Trends in 2024

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
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What is an External Audit: Roles, Responsibilities & Examples

An external audit is a review of an organization's financial records conducted by an external firm. Find its importance and the roles of an external…
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A Comprehensive Guide to ASC 842 Lease Accounting

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.
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What are Liabilities: Types, Examples and Contrasts with Assets

Liabilities are financial obligations that a company owes to external parties. Explore its different types, examples and find how it differs from assets.
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What is Internal Audit: Types, Process, and Reports

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.
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Month-End Close: Steps, Checklist, and Best Practices

Optimize your month-end close with our guide. Learn essential steps, best practices, automation benefits, and detailed checklists for a seamless accounting process.
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What is Prepaid Insurance: Benefits and Examples

Prepaid insurance refers to premiums that are paid in advance and recorded as an asset. Dive into the blog to find its examples, benefits and…
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A Complete Guide To Clearing Accounts With Examples, Types, and Benefits

Clearing accounts are temporary holding accounts used to facilitate the accurate settlement of financial transactions.Explore examples, types, and benefits
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Closing Entry in Accounting: Definition, Example, and Best Practices

Closing entries are journal entries posted at the end of an accounting period to reset temporary accounts to zero and transfer their balances to a…
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How to do Accounting for Small Businesses: Basics and Tips

Small business accounting is how small companies keep track of their money. Learn about basic bookkeeping tips, important financial documents, and top software choices.
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What is a Bank Statement: Definition, Purpose and Examples

A bank statement is a summary of all financial transactions within a specified period of time. Learn its different types and how to interpret them…
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A Complete Guide to Contributed Capital: Formula and Example

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
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Mastering Payroll Journal Entries: Types, Examples, and Tips for Accuracy

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.
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What is Accounting Rate of Return (ARR): Formula and Examples

Find out what ARR stands for in accounting, its meaning and how to calculate it with examples. Also learn the differences between ARR and IRR.
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What Is a Suspense Account: Definition, Types and Examples

Explore suspense accounts in accounting: definition, types, and examples. Learn about their role in balance sheets and the concept of suspense balances.
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What is Double Entry Bookkeeping System: Advantages & Example

Explore the advantages and history of double-entry bookkeeping, see examples, and compare it with single-entry systems to understand its importance in accounting.
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What is Chart of Accounts (COA): A Complete Guide With Structure & Examples

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.
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Importance of Tax Preparation Checklist and Documents for Tax Filing

A tax preparation checklist is a list of documents needed to complete and file a tax return. Learn about tax forms and all the important…
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What is Revenue Recognition: Principle, Model & Examples

Learn about revenue recognition principles, models, and examples. Understand GAAP revenue recognition, methods, and the importance of proper income recognition policies
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ERP vs Accounting Software: Key Differences and Integration

Discover how HighRadius' accounting solution integrates seamlessly with your existing ERP to streamline processes and enhance efficiency with integrated packages.
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A Step-By-Step Framework On How To Interpret/Read Your Financial Statements

Explore financial statement interpretation with our comprehensive guide. Discover types, analysis, and examples to master balance sheets, income statements, and more for business success.
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What Are Preferential Payments In Bankruptcy: A Complete Guide

Explore the complexities of bankruptcy preference payments, including preferential laws, transfers, defenses, and the 90-day period to avoid common pitfalls.
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GAAP vs. IFRS: A Complete Comparison

GAAP & IFRS are the two main types of financial reporting frameworks. Learn the differences between gaap and ifrs and compare which is better.
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What Is an eCheck & How Does It Work? Here’s Everything You Need to Know

An eCheck is a type of Electronic Funds Transfer that utilizes the ACH network to process payments from customers to the payee’s account.
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Invoice Payment Terms: Benefits & Best Practices

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…
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Merchant Services Payment Processing: What Is It & How It Works

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…
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What Is Check Fraud? Its Types & How to Prevent It?

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…
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Merchant Fees Explained: Everything You Need to Know

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…
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What Is General Ledger Reconciliation: Types, Best Practices and Importance

Learn how to master general ledger reconciliation. Explore the process, types, and best practices for financial accuracy and compliance.
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What Is The Accounting Cycle? Explained Step by Step

The accounting cycle is a systematic process businesses follow to record, analyze & report financial transactions. Understand steps of the accounting cycle here!
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How To Make Adjusted Journal Entry in Accounting

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…
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How Technology Can Help to Handle Shortage of Accountants

Shortage of accountants are having an impact on businesses. Understand why there is shortage of accountants & adopt technology to handle the CPA shortage in…
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How AI Is Helping in Audit Automation

Audit automation helps organizations maintain compliance with greater accuracy and efficiency. Learn to use ai in the audit process, its benefits & use cases.
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A Complete Guide to General Ledger Accounting

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…
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Modern Accounting and the Role of Technology in Accounting

Modern accounting uses technology to transform traditional accounting systems by automating them. Learn the benefits of implementing technology in accounting.
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When You Should (and Shouldn’t) Outsource Your Accounting Services

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.
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Ethics in Accounting: Why They Are Important and 6 Principles You Need to Know

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,…
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What’s an Integrated Audit? [+ How to Do One]

An integrated audit thoroughly evaluates both financial and operational aspects, providing comprehensive insights into your organization's overall effectiveness and efficiency.
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Truth or myth – Accelerated GBS growth

Uncover GBS's strategic growth keys in a complex business environment: trust, value, and broader roles. Gain insights for success.
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6 Best Practices for Maintaining Accounting Accuracy

Discover the importance of maintaining accounting accuracy in financial reporting. Learn the best practices and the role of AI in improving accuracy.
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7 Common Accounting Errors & How AI Detects Them (With Examples)

Accounting errors and omissions refer to mistakes or inaccuracies made during the process of recording and reporting financial transactions.
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GBS Talent Crisis: Why Embracing an Outcome-Based Gig Model is the Only Way Out

Discover how embracing the gig economy and an alternative workforce can solve talent challenges and ensure positive outcomes for GBS in the future.
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The Ultimate Guide to Mastering Anomaly Management in Finance and Accounting

Learn how to detect and resolve anomalies using industry best practices and the latest technologies such as Artificial Intelligence.
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Simplify Cash Reconciliation: The Future of Finance with HighRadius and Sage Integration

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.
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The Ultimate Guide to Achieving Day Zero Financial Close

Learn about the challenges of financial close process, the role of AI in achieving day-zero close, and parameters for choosing financial automation software.
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6 Impactful Use Cases of Robotic Process Automation in Finance and Accounting

What is RPA and how does it help the finance function? Robotic process automation (RPA) is a software technology that uses software robots to mimic…
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How to Solve Real-Life Problems of Bank Reconciliations (With Examples)

4 practical examples of bank reconciliation statement problems. Example #1: Cash Book Balance More Than Bank, Example #2: Cash Book Balance More Than Bank &…
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What Are Receivables in Accounting: Types, Examples, and More

Receivables are the money owed to a business by its customers. Read here about the different types of receivables in accounting and their significance.
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HighRadius vs. Traditional Accounting Software Comparison

Autonomous Accounting is a new-gen record-to-report solution, powered by AI. We compare it against traditional accounting software in this article.
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Financial Close Solution Advantages

Financial close solutions help companies automate their financial close process. Explore its top benefits and learn how you can integrate with your business.
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Removing Friction From Your Data Sources For Better Closing

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.
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Financial Reporting Framework: The In-depth Guide (With Example)

Financial reporting frameworks offer rules for creating financial reports which can be used by analysts to analyze the financial transactions.
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Automation in Finance: The Low-Hanging Fruits

Automation in finance need not always be expensive or take long implementation timelines. Check out some easy to automate finance functions here.
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What is Intercompany Accounting: Challenges & Best Practices

Find what intercompany accounting is, common transaction types, journal entry examples, and explore best practices to overcome challenges in intercompany transactions
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Marching Towards an Autonomous Finance Function – 301

Bulid an autonomous finance engine and effectively simplify the ways of working & modernize the finance function. Read the blog!
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Marching Towards an Autonomous Finance Function – 201

Focus in detail on the steps businesses should take to build an autonomous finance engine. Learn to normalize and unify disparate data. Click here!
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Marching Towards an Autonomous Finance Function – 101

This blog is a three-part series that focuses in detail on the steps businesses should take to build an autonomous finance engine.
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Account Receivable Reconciliation (And How Automation Can Improve It)

The account reconciliation process ensures that the balances are aligned between the company’s account and the customer’s account
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Top 3 Challenges that Controllers Face and How Automation Helps

Controllers are not just controlling but reshaping businesses; learn the three challenges controllers face and how automation can help overcome those.
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A CFO’s Guide To Steering Clear Of The Year-End Close Stress

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…
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A CFO’s Perspective on Top 5 Mistakes Of 2022 That You Should Avoid in 2023

This blog provides insights on the top 5 mistakes of 2022 from a CFO’s perspective that finance leaders need to learn from to execute better…
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The Digital Tipping Point: Why Should Mid-Market CFOs Invest in Finance Automation in 2023

Discover how investing in finance automation will keep your business competitive and enhance your digital arsenal to accelerate revenue growth
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2023 Outlook: CFOs Role in Strategic Leadership Development

Explore how a modern CFO brings data-driven financial strategies to tackle an unforgiving economy and shape a revenue-scaling business.
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How to Trade Manual Tricks for Digital Treats at the CFO’s Office?

This blog focuses on how you can overcome the challenges faced by a lean team by transforming your finance landscape using technological solutions.
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Everything You Need to Know About Automated Bookkeeping

Automated bookkeeping is the process of keeping track of financial transactions with the help of computerized accounting systems that use ML or AI.
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Key Trends in Financial Reporting for 2022-23 and Beyond

The recent trends in financial reporting indicate a higher focus on sustainability reporting and the use of automation to power on-demand reporting.
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Five Key Takeaways From the 2022 Gartner CFO and Finance Executive Conference

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…
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Tackling eInvoicing and Payment Reconciliation Scenarios in Microsoft Business Central 365

In this Blog, Learn about the common invoicing and payment reconciliation scenarios in Microsoft Business Central 365 and how to tackle them.
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Why does Month End Close Take Time

Read this blog to understand how financial close software can simplify the month end close process by avoiding various financial close bottlenecks.
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5 Accounting Trends to Look Out For

Read the top 5 accounting trends and learn how technological advancements offer opportunities for accounting professionals to improve processes.
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3 Use Cases of AI in Finance for Mid-Market Companies

AI in finance is transforming the finance industry.Discover the right use of AI for your business to get higher ROI with case study.
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6 Best Practices To Achieve World-Class Controllership

Gain 6 insights to meet demands requiring an expansion of capabilities to support strategic organizational initiatives
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Templates

Financial Close Management Vendor Evaluation Scorecard

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…
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[Excel Template] Anomaly Management Dashboard

This anomaly management dashboard template helps accounting teams keep track of anomalies, assign them to analysts, and store evidence for their resolution.
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Free Bank Reconciliation Template (Excel)

Free bank reconciliation template to identify data mismatches between your bank records and cash books, and get accurate cash visibility.
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Free Monthly Financial Reporting Template for CFOs

Free monthly financial report template for accounting teams. Track essential KPIs and gain financial insights with this customizable Excel dashboard. Download Now.
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Free Checklist Template for Month end close

Download this month-end close checklist template to understand how a proper checklist can simplify the process by avoiding various financial close bottlenecks
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Radiance

Financial Close and Reporting

Mariana R C Costa: Hello everyone. Good morning. Thanks for calling the session. I know it’s a little bit cold today. It’s not easy. So,…
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Striking a Balance Between Leadership & Compliance

[0:12] Cortney Herington: Yeah, so I’m Cortney Herington. I work for Coca Cola bottlers in sales and services, as she said it’s an organization. We…
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