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Color Code: Purple
Created By: Shannon Scoffield
Created Date/Time: 8/27/2019 11:10 am
 
Action Status: Blank (new)
Show On The Web: Yes - (public)
 
Time Id: 4031
Template/Type: User Guide
Title/Caption: 11 - Financials & Accounting
Start Date: 8/27/2019
Main Status: Active

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Notes:

11 - Financials & Accounting

-These are your numbers. As much as possible we let operations run and do their stuff and then we report back to accounting what happened. The numbers themselves are important but the story behind those numbers is potentially more important. For example $500 in a certain account does not mean anything unless you say it came from sales.

-Some programs focus on the numbers but one of our main goals is trying to zip up the difference between operations and accounting. The way we do that is using the system. It turns into a virtual data assembly line. We add data and if it is good data it flows through the system from check point to check point and builds your accounting and financial pieces.

-There is always a cause and effect relationship. Nothing just appears. Once again we go back to catching the story and then showing how that story unfolds as it goes forward and fills its own life cycle.