As accountants the end of the year accounting is a big deal. There are a lot of factors that go into the prep to make sure that everything gets accounted for prior to closing the books for a year. The most important step to being audit ready is to be prepared. Typically the documentation requirements for audits do not change year on year so you can use your documentation from the prior year as a guideline to get started. Here are some steps that you can take to verify that you are ready to close your year as well as prepared for auditors to come in and evaluate your books.
Regardless of the report writer you are using, the most commonly asked question is, “How can I get my reports to print faster?” There are some options in the build of the reports that can help with performance. Here are my top five ideas on how to get your BI360 reports in running time!