Tag: Chart of Accounts
General Ledger Chart of Accounts Organization
Posted on: December 31, 2018 | By: Andy Vitullo | QAD Financials
As businesses migrate to new ERP systems, they should consider a refresh of the General Ledger Chart of Accounts. Typically, the legacy charts have been in place anywhere from 10 to 20 years. The business has cycled a number of controllers and accounting managers within the life of the legacy system. Because of the age the legacy system and the lack of continuity of the accounting teams, ERP...