We’re introducing the Leapfin Finance Data Platform to help finance teams reduce time to close, uncover pockets of profitability, and more.
How to Navigate Debt Covenants with Better Financial Reporting
Market downturn conditions make better reporting processes an imperative for Accounting to satisfy debt covenant requirements.
How to Properly Recognize Gift Card Revenue
One of the most common challenges we hear from B2C customers is regarding proper revenue recognition for gift cards. Here's how to solve them.
ASC 326 – CECL Trade Receivables & Trade-Offs
The rollout of ASC 326 finishes up this year in 2023. While it initially impacted financial institutions, if you have receivables or revenue on your balance sheet, this will affect you! Read on to learn more.
A guide for general ledger to subledger reconciliation
By nature, the general ledger and subledger should contain the same data but with different level of account detail. If your Accounting team needs to reconcile the data across the chart of accounts in your general ledger and subledger, we have tips to make them more efficient.
Accounting for COGS (Cost of Goods Sold) Examples
In this blog, we take a look at when to record COGS, how to differentiate between COGS and operating expenses, and more using an example.
How to perform a Order to Cash reconciliation and how to improve it: The ultimate guide for accountants
Order to Cash reconciliation is essential to any accounting process. This post outlines how to do it and ways to improve it.
4 Most Common Revenue Recognition Challenges
In this blog post, we’ll discuss the 4 most common challenges that revenue accountants face in light of ASC 606.