You have to roll forward and reconcile the fixed assets every month or you will spend days catching up at year end, invariably finding a prior period issue that has to be corrected in the current period.
I was warned, but trusted the system too much - it can’t regulate human error, no matter how many controls are in place!
You have to roll forward and reconcile the fixed assets every month or you will spend days catching up at year end, invariably finding a prior period issue that has to be corrected in the current period.
I was warned, but trusted the system too much - it can’t regulate human error, no matter how many controls are in place!