Accounting Cycle

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Accounting Cycle

The events that occur between the beginning of a transaction and its recording in a company's records. For example, the accounting cycle for a sale may begin with the actual sale, continue with an accountant's analysis of the type of sale (mainly a cash or credit sale), and conclude with the posting of the sale in the company's ledger. The accounting cycle is often more complex than the above example, including steps such as quality control.
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In an environment where pension schemes face increased financial and administrative pressures, we are dedicated to helping them through their year-end accounting cycles and providing them with the tools to assist them in complying with the revised SORP guidelines.
SunGard's open systems platforms utilize multiple CPUs to help customers shorten investment accounting cycles and reduce operating costs.
Unproductive working capital was found to be tied up in basic accounting cycles - for example in the manner in which accounts receivables and payable processes are being handled.
The program focuses on basic accounting cycles, analysis of financial statements, payroll preparation and introductory skills for computerized accounting systems.
It explains accounting cycles of service and merchandising businesses, the voucher system and budgeting, accounts payable and receivable, fixed assets, payroll, partnerships and corporations, financial statement analysis, departmentalized accounting, and accounting system setup.
Also, the enforcement release must follow the fraudulent statements by no more than six accounting cycles.
Walker provided us with the powerful Aptos financial reporting suite, which shortens our monthly accounting cycles and meets our needs.
1998 Factor Refi Cycles Average Monthly Payoff Volumes -16% Transaction Error Rate -41%(*) Aged Error Rate(@) -33% Staffing Requirements -33% Loans per Staff Member +74% Cost per Loan -50% @ Errors uncorrected after two accounting cycles (i.
Contains control flowcharts for the main accounting cycles
Surprisingly, lenders have opposed standardization of the reporting and remittance cycles because the current differences in accounting cycles between Freddie Mac and Fannie Mae actually help smooth out reporting peaks.
To date, GLMC has been able to minimize its paper trails and shorten accounting cycles.
Using DB Technology's RAS software, hospitals and healthcare facilities benefit from minimized paper trails and shortened accounting cycles.
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