64 lines
2.9 KiB
Markdown
64 lines
2.9 KiB
Markdown
Deriving The Trial Balance
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=============================================================================================================
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* Entries and reocniliations
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* Payroll
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* Data: Retain all payroll data in a `database` to build entries
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* Mappings: Configure `Paycom GL Interface`
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* `401k`: book disbursements and reconcile to Paycom withholdings
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* `FSA`: book FSA funding entries and reconcile to Paycom withholdings
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* Debt & Cash
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* Data: retain all PNC information available in a `database` to build entries (cash, revolver, debt)
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* Book all PNC `loan activity`
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* Book interest on `notes`
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* Reconcile all balance sheet `debt`
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* Book `interest rate swap` valuation
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* Bank Rec:
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* book entry to break out `freight checks`
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* book entries to clean up missed `fees`
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* book entries to deal with `miscelaneous discrepencies`
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* book entry to classify `outstanding checks` as liabilities
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* Intercompany Activity
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* Support `transfer pricing` entry
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* Book `consolidating` entries
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* Book `currency translation adjustment` for consolidated USD trial balance
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* Reconcile `CTA` & `Equity`
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* Reclassify any `intercompany liabilites` out of the trade accounts
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* Validate that `intercompany balances` are eliminated from consolidated trial balance
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* Other Balance Sheet Items
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* Book and reconcile amortization of `intangibles`
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* Book and reconcile amortization of `defered financing costs`
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* Book RSM determined `tax provision` and current year `tax accrual`
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* CMS Module Corrections
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* book entry to fix `virtual sales`
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* book entry to fix `credits`
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* furnish a report to the plants breaking out the `book to perpetual` issues
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* sales timing and valuation issues
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* cost roll impact
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* production ledger issues
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* voucher issues
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* issues with transfers
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* issues with returns
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* Configuration
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* Module accounts (sales, inventory, production, manual adjustments, AP, AR, intecompany)
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* Chart of Accounts
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* EBITDA flags
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* consolidation flags
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* consolidation heirarchy
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* financial statement lines
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* currency indicator
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Interpreting The Trial Balance
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=========================================================================================================
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* Rebuild trial balance into alternate financial statement formats
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* Rebuilt subledger that matches original ledger
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* Rebuild production subledger that does not match original
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* Sales Matrix
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* A large number of reports that I can't even list but are maintained [here](https://bitbucket.org/hccompanies/hc_ubm/src/master/)
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Forecasting
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=============================
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* Product Strucutre Explosion Logic
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* global scale cost change estimates
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* production plans
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* inventory forecasts
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* Sales forecast tool |