As we approach the end of another year, businesses everywhere are gearing up for the annual year-end close. We know that year-end closing processes occur quickly and can feel overwhelming and there’s so much more to the year-end process than following a checklist of utility processes. Reconciling the sub-ledgers to the general ledger is critical to moving forward into the next fiscal year. Many of our clients ask what the best approach is to reconcile the books and how to interpret the meaning of the software’s terminology, like “What exactly is job cost variance?”
If your firm needs assistance understanding the best practice year-end reconciling process, Aktion’s experienced consultants are well versed in “Deltek Accounting” terminology and have decades of experience decoding and reconciling the general ledger to the sub-ledger.
To ensure a smooth and efficient process for 2023, here’s a glimpse of Deltek’s comprehensive year-end resources:
Remember, success in the year-end close begins with preparation. Start by exploring these resources designed to make your year-end procedures a breeze. Contact Aktion today and schedule time with one of our year-end experts to help your firm navigate the year-end process. Cheers to a successful close and a prosperous start to the new year!
Jonathan Monroe, Vice President of the Architecture, Engineering, and Professional Services (AES) Division, leads the team responsible for delivering Deltek Vision and Vantagepoint software, support, and services to architectural, engineering and professional services firms.