I used to joke that intercompany eliminations were the Bermuda Triangle of consolidation.Everything went in — invoices, transfers, equity movements — and nothing came out clean. Month-end would arrive, and I’d sit there at 10:30 p.m. staring at mismatched balances, praying that NetSuite’s eliminations report wasn’t lying to me. If you’ve ever tried to reconcile […]
Why I tested ChatGPT on account reconciliations Reconciliations are the part of accounting that quietly eats time. Matching bank feeds against the general ledger, hunting down timing differences, and tracing stale checks — it’s thankless but essential. For years, I did this manually in Excel. I’d lean on VLOOKUP, COUNTIF, and conditional formatting, and it […]
Why Cash Flow Forecasting Breaks FP&A Models Cash flow forecasting is one of the hardest FP&A tasks. You can nail revenue projections, lock in expense budgets, and still lose credibility if your cash schedule doesn’t tie out. In practice, building cash flow forecasts in Excel means handling messy timing differences: deferred revenue, staggered collections, and […]
Excel Meets Its Secret Weapon Excel has always been the quiet workhorse of business. Rows, columns, SUM, VLOOKUP — a reliable toolbox. But mastering it came at a cost: you either memorized hundreds of functions or spent hours debugging formulas that broke without warning. Now there’s a twist. You don’t have to do it alone. […]