Recent Articles
Posted By: Mohit Jain
Wed Aug 23rd, 2023
“Supplemental Data” means accounting supplemental records. The detailed information utmost required for accounting but is outside the scope of typical accounting, like postings in general ledger, etc. Data sitting in these records is typically additional required information which helps management a
Posted By: Megha Chopra
Fri Feb 17th, 2023
Problem Statement
Topside Journals taking month end close to infinity
In today's business, lots of reliance on offline spreadsheets, differs depending on target ERP systems
Many organizations have to make offline workflow mechanism to post journals in GL
During Month end close… big question is:
Posted By: Megha Chopra
Mon Oct 17th, 2022
Analysis of Financial Statements
Financial statements – “Balance Sheet, Income Statement and Cash Flow” of a business are ‘Summarized Financial Reports’ which provide the ‘operating results and financial position’ of a company and the detailed information contained therein is useful for assessing th
Posted By: Megha Chopra
Tue May 24th, 2022
Financial Close Manager A Pathway to Streamline and Accelerate Your Close Operations
Written By:
Megha Gupta, Senior Project Manager, Genpact
Mohit Jain, Senior Principal Consultant, Genpact
Manual tracking of the close process, using excel and e-mails is one of the reasons companies still
Posted By: Mohit Jain
Mon Dec 20th, 2021
Problem Statement
Reporting is the final destination of converting raw data into information to run business. This is not an easy decision for organizations to change reporting systems, as it has bigger impacts on the organization as a whole. We all know Financial Reporting (FR) is going away and
