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A comment on Stop Using Excel, Finance Chiefs Tell Staffs. Parent comment

Re:Stop Using Excel, Finance Chiefs Tell Staffs by rbg246 on Thursday November 23, 2017 @05:43AM (#15764231)
How do you know the account balance total they you are validating your line items against is correct? Is that coming from another accounting system?
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Re:Stop Using Excel, Finance Chiefs Tell Staffs by allenz on Thursday November 23, 2017 @06:27AM (#15764388)
I validate account totals against the balance reported by the bank.
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Re:Stop Using Excel, Finance Chiefs Tell Staffs by rbg246 on Thursday November 23, 2017 @09:48AM (#15765355)
Oh I see so you are only reporting on cash receipts, so presumably there is an accounts receivable ledger to track the invoices raised with your cash received etc. Thanks for the reply
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Re:Stop Using Excel, Finance Chiefs Tell Staffs by allenz on Thursday November 23, 2017 @01:42PM (#15767018)
Yup, I use cash accounting because our medical AR numbers are mostly made-up. They're tracked and analyzed through a medical billing program.
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