Financial Close & Consolidation
Modern Accounting: Intercompany Accounting
This is a guest blog post from our partner BlackLine explaining why there’s now a spotlight on intercompany accounting. Finance has long ignored the barrage of distractions that accompany intercompany accounting. Now, with increasing international trade, mergers and acquisitions, and regulations, it’s no wonder…
March 3, 2022
Workday Adaptive Planning Tips & Tricks
Workday Adaptive Planning Tips & Tricks: Override Formulas
This week’s Workday Adaptive Planning tip and trick pertains to importing and exporting override formulas. Override formulas are a useful tool for version-specific data manipulation. To use override formulas, navigate to modeling, then accounts. As seen in the screenshot below, there are…
March 2, 2022
Financial Close & Consolidation
Matching Records from Multiple Files in BlackLine
How do you match bank statement records against payment posting records? It’s an easy process when using BlackLine accounting software. Many organizations match bank statements against payments using Excel. They download both the bank statements and the payment posting files to Excel and manually…
February 17, 2022
Financial Close & Consolidation
Modern Accounting: Improving Collaboration in Virtual Accounting
This is a guest blog post from our partner BlackLine, written by Tammy Coley, Chief Transformation Officer at BlackLine. Like most accountants, you’ve probably wasted cycles waiting for reviews or a sign-off, whether it’s for reconciliation, a financial statement, or some other accounting tasks.…
February 10, 2022
IBM Planning Analytics Tips & Tricks
IBM Planning Analytics Tips & Tricks: Updating ODBC Connections for Multiple Processes
As of version 2.0.69 of IBM Planning Analytics Workspace (PAW), you are now able to update the ODBC connection for multiple TurboIntegrator (TI) processes at once. For prior versions, you would have needed to open each process to update the connection. To utilize…
February 8, 2022
Financial Close & Consolidation
Managing your Month-End Checklist in BlackLine
How do you track your month-end checklist? Many companies use a spreadsheet, have lots of status meetings and emails among the accounting team throughout the close process. BlackLine can save you a significant amount of time on your month, quarter and year-end activities. Watch…
February 3, 2022
FP&A Done Right: Building the Case for Driver-Based Planning
This is a guest blog post from our partner Workday Adaptive Planning, providing 5 ways to increase buy-in for driver-based planning. Driver-based planning can be a game-changer for your organization—but only if everyone is in on the game. So, yes, it’s smart…
January 28, 2022
Financial Close & Consolidation
Activity Analysis in BlackLine
Did you know BlackLine can save you a significant amount of time in your month, quarter and year-end close activities? In our latest BlackLine Quick Take video, Adam Riskin demonstrates how to use BlackLine to analyze your accounting team’s activity and therefore determine how…
January 20, 2022
IBM Planning Analytics Tips & Tricks
IBM Planning Analytics Tips & Tricks: Modeling Books
Did you know IBM Planning Analytics Workspace (PAW) update 57 introduced a new type of PAW book? This new type of book is called a “Modeling Book.” A modeling book can be created by selecting the “Data and Models” tile at the…