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What Is A Journal Entry?

Each business transaction begins with a journal entry that is recorded for accounting purposes. The entry is then posted to the general ledger. A properly documented journal entry consists of the following: Correct date Amount(s) that will be debited Amount...

How to Actually Achieve Successful Business Partnering

For years, business partnering has been on the agenda for finance organizations. But double checking the financial statements, tracking down reconciliations, and chasing down intercompany document trails have all rightly taken precedence—as these tasks require substantial, if not all-encompassing effort....