ACCOUNTING PERIOD-END CLOSING PROCESS

  • Author Sterling Africa
  • Posted 03rd Oct, 2024
  • Category BPO

In the ever-changing world of finance and accounting, the period end close is an integral part of the financial reporting process. This provides the users of the reports generated to have better understanding of the business as well as make strategic and timely decisions that goes a long way in helping the business grow.

A deeper review of your finances at the end of each period close will help ensure that all reports are not only accurate but reflects the various aspects of the business e.g., revenue lines, profitability, cost centers, liquidity et

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