Month End Close
Sites are required to have expenses final and revenue recorded on this business day
What is BD+1
These associate relations items require a HRMS submission and attachment to Concur report
What are gift cards and employee raffle prizes
Should you always, sometimes, or never accrue to budget/forecast for expenses
What is Never!!
On this business day blackline reconciliations must be certified by site owners
What is BD+3
This individual owns the responsibility of collecting payments from customers
Site GM it impacts site MPBT/bonus
Is a journal entry, a blank excel file with the amount typed in, or a PO log appropriate to support a balance in AC2081 (Accrued Accounts Payable)
A PO log that ties to the amount in total
ADS, Stellantis, and M&H all have this in common
What is they never pay us on time
Payroll accruals are typically coded to this account to record wages, salaries, and related expenses that have been incurred but not yet paid
What is AC2160 - Accrued Payroll
An OM, a GM, and an Ops Director walk into a bar. The tab gets picked up by
What is the Ops Director (highest org level in attendance required to pay)
A broader finance-focused topic for Strategy 2030 could be
What is Cash is King (I love cash)
A wasteful and worthless project undertaken for political, corporate, or personal gain
What is a Boondoggle