Home / Events / Dimension-Driven Insights: A Modern Chart of Accounts Revolutionizes Your Reporting

Any accountant knows that the Chart of Accounts is the heart and soul of an accounting system. If your chart of accounts is messy, financial reporting and inquiries throughout your system become a struggle. There are a number of accounting software tools that help to exacerbate this problem. Does grandchild accounts of child accounts rolling up to a parent just to be able to get data presented “by department” sound familiar? How about a segmented chart of accounts where you have to remember that 5000-100-200-4 means Office Supplies for your NY office, but 5000-101-200-3 means Office Supplies for your DC office? This is NOT a modern chart of accounts, and we are ready to show you how to leave these struggles behind. In the webinar, we will discuss:

• What “Dimensions” mean
• How the Dimension concept revolutionizes your financial reporting
• The use of Dimensions to keep a lean natural Chart of Accounts
• Examples and case studies of real-world use cases that illustrate the power of dimensional reporting

Join us to learn how you can take advantage of best in class cloud financial management built on the dimension concept, giving you visibility into facets of your business that previously would have taken hours, days, or weeks to put together. Bring your questions! We’ll reserve time for Q&A.

For a primer on the benefits of moving to the cloud, read A High-Performing Accounting System Provides More With Less.

Who Should Attend

Individuals leading the accounting/finance function, individuals tasked with designing and building advanced reports. CPAs working with these companies will also find value.

Additional Program Details

• Learning Objective:  To provide attendees with best practices for managing the organization’s chart of accounts and providing insightful financial reports.
• Instructional Delivery Methods: Group Internet-based
• Recommended CPE: 1.0 CPE
• Recommended Fields of Study: Accounting – Technical Computer Software and Applications, Information Technology – Cloud Computing.
• Prerequisites: None Required
• Advance Preparation: None
• Program Level: Basic
• Course Registration Requirements: None
• Refund Policy: No fee is required to participate in this session.
• Cancellation Policy: In the event that the presentation is cancelled or rescheduled, participants will be contacted immediately with details.
• Complaint Resolution Policy: GRF CPAs & Advisors is committed to our participants’ 100% satisfaction and will make every reasonable effort to resolve complaints as quickly as possible. Please contact kdavis@grfcpa.com with any concerns