Category: Accounting
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Automating Accounts Receivable in Microsoft Dynamics 365 with FinFloh
Introduction Microsoft Dynamics 365 has become a cornerstone ERP for mid-market and enterprise finance teams, offering strong financial controls, deep integrations across Microsoft’s ecosystem, and scalable global operations. However, as organizations grow and transaction volumes rise, the process of accounts receivable in Dynamics 365 often becomes fragmented, manual, and operationally…
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How Banks & NBFCs Can Automate Loan Journal Entries in ERP Using FinFloh
Banks, NBFCs, and digital lending institutions across emerging markets struggle with a persistent problem:need to automate journal entries in ERP for every loan repayment, settlement, fee, tax, restructuring event, or write-off. These delays not only slow down financial close cycles but also create inconsistencies between the Loan Management System (LMS),…
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Automating Accounts Receivable in SAGE with FinFloh
SAGE has long been a trusted accounting and ERP platform for businesses that need stronger financial controls, multi-entity support, and end-to-end operational visibility. But as companies scale, the invoice-to-cash (I2C) process becomes more complex — and SAGE’s native tools often fall short in handling high-volume receivables, payment reconciliation, and collections…
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GAAP in 2025: What is GAAP? What is its impact on Order-to-Cash?
Table of Contents What is GAAP and Why It Matters Generally Accepted Accounting Principles (GAAP) represent the standardized framework of rules and guidelines used for financial reporting. They enable consistency, transparency, and comparability for investors, regulators, lenders, and internal decision-makers. Core Principles of GAAP GAAP and Its Impact on the…
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What is the Double Entry Accounting System?
Definition : The double entry accounting system is a standardized bookkeeping method that records every financial transaction with equal and opposite entries in two or more accounts. This system ensures that a company’s financial records remain accurate, transparent, and balanced, providing a clear picture of assets, liabilities, and equity. Table…
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What is Month-End Close?
Definition : The term “Month-End Close” refers to the critical accounting process businesses undertake at the end of each month to finalize their financial records for that period. This process ensures that all financial transactions, such as sales, expenses, and adjustments, are accurately recorded and reflected in the company’s financial…
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What is Cash Accounting?
Definition : It is a method of accounting where transactions are recorded only when cash is received or paid. Unlike accrual accounting, which records transactions when they are incurred regardless of when the cash is exchanged, cash accounting focuses solely on the flow of cash in and out of a…
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What is AR Accounting
AR Accounting Definition AR accounting is the process of recording, tracking, and managing a company’s accounts receivable. It encompasses the entire lifecycle of customer credit sales, from generating invoices to collecting payments. A robust AR system ensures accurate financial reporting, efficient cash flow management, and timely debt collection. Table of…
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What is an Accounting Ledger?
For any business, maintaining accurate and organized financial records is crucial. This is where the accounting ledger comes in – the cornerstone of a robust bookkeeping system. This technical blog delves into the world of ledgers, explaining their function, the different account types they encompass, and the advantages of using…
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Closing the Books: Guide to Accuracy and Insights
For any business, financial health is paramount. Just like tracking steps for personal fitness, closing the books serves as a crucial checkpoint for your company’s financial well-being. But what exactly does it mean, and why is it so important? Buckle up as we delve into the world of financial accountability…