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Why now is a great time to try new reports in Xero

Xero

Our new reports now have some really exciting features that will help you get quick access to answers and streamline your financial analysis. These include the Budget Manager, Business Performance Dashboard, Payroll, Tax, and GST Reconciliation reports. But we’re not done yet.

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What are GL Codes and how to assign them effectively?

Nanonets

In the world of business, keeping track of money matters is crucial, and that's where General Ledger Codes, or GL Codes, come into play. GL Codes are not just about keeping things neat; they're about making smarter financial decisions, simplifying tax time, and ensuring your business runs smoothly. What are GL Codes?

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Understanding Encumbrance Accounting: A Comprehensive Guide

Nanonets

These encumbrances can be tracked manually or automatically through specialized systems like Oracle General Ledger. By implementing encumbrance accounting properly, companies can have quicker access to financial information and make more accurate predictions of cash outflow.