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notes/role.md

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Deriving The Trial Balance

  • Entries and reocniliations
    • Payroll
      • Data: Retain all payroll data in a database to build entries
      • Mappings: Configure Paycom GL Interface
      • 401k: book disbursements and reconcile to Paycom withholdings
      • FSA: book FSA funding entries and reconcile to Paycom withholdings
    • Debt & Cash
      • Data: retain all PNC information available in a database to build entries (cash, revolver, debt)
      • Book all PNC loan activity
      • Book interest on notes
      • Reconcile all balance sheet debt
      • Book interest rate swap valuation
      • Bank Rec:
        • book entry to break out freight checks
        • book entries to clean up missed fees
        • book entries to deal with miscelaneous discrepencies
        • book entry to classify outstanding checks as liabilities
    • Intercompany Activity
      • Support transfer pricing entry
      • Book consolidating entries
      • Book currency translation adjustment for consolidated USD trial balance
      • Reconcile CTA & Equity
      • Reclassify any intercompany liabilites out of the trade accounts
      • Validate that intercompany balances are eliminated from consolidated trial balance
      • Other Balance Sheet Items
      • Book and reconcile amortization of intangibles
      • Book and reconcile amortization of defered financing costs
      • Book RSM determined tax provision and current year tax accrual
    • CMS Module Corrections
      • book entry to fix virtual sales
      • book entry to fix credits
      • furnish a report to the plants breaking out the book to perpetual issues
        • sales timing and valuation issues
        • cost roll impact
        • production ledger issues
        • voucher issues
        • issues with transfers
        • issues with returns
  • Configuration
    • Module accounts (sales, inventory, production, manual adjustments, AP, AR, intecompany)
    • Chart of Accounts
      • EBITDA flags
      • consolidation flags
      • consolidation heirarchy
      • financial statement lines
      • currency indicator

Interpreting The Trial Balance

  • Rebuild trial balance into alternate financial statement formats
  • Rebuilt subledger that matches original ledger
  • Rebuild production subledger that does not match original
  • Sales Matrix
  • A large number of reports that I can't even list but are maintained here

Forecasting

  • Product Strucutre Explosion Logic
    • global scale cost change estimates
    • production plans
    • inventory forecasts
  • Sales forecast tool