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

Xero

These include the Budget Manager, Business Performance Dashboard, Payroll, Tax, and GST Reconciliation reports. Soon, we’ll be adding more reports into Xero — including General Ledger, Journal and Bank Reconciliation reports — as well as introducing foreign currency into new reports.

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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. General Ledger Codes, or GL Codes, are unique alphanumeric strings that classify and record financial transactions within a company’s general ledger.

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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. Encumbrances can be tracked manually or through specialized systems like Oracle General Ledger. Encumbrance accounting can be tracked manually or through specialized systems like Oracle General Ledger.

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The top 15 spend management software in 2023

Nanonets

Features: Flexible intake and approval workflows, Seamless integration with other business systems and with general ledgers, Creation of rules that reflect the company’s specific policies Record keeping of every dollar spent Easy retrieval of documentation for auditing or booking purposes.