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  - Integrated Accounting for Multi-Entity Organizations: Embracing Real-Time Financial VisibilityIn recent years, many companies have expanded into multi-entity structures to accommodate growth, regulatory demands, tax optimization, or risk management. However, up to 90% of these entities are not independent business segments. Rather, they function as administrative or operational subdivisions.
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  - Accounting for Equity Intercompany Eliminations with Noncontrolling InterestWhen a parent company consolidates a subsidiary’s financial statements into its own complex accounting, issues arise.

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What Is the Accounting Equation and Why Does It Matter?

“Accounting is the language of business.” -Warren Buffet There are several foundational concepts in accounting, that form the backbone of […]

If Time Is Money, Why Does the Financial Close Process Take Companies So Long?

Closing the Books On the first business day of the month, organizations all over the world start their financial close […]

Person pointing at laptop screen wondering if automation is worth it

The Inefficiencies of Automation: Is It Worth It?

Automation has become synonymous with “cost savings.” Cut heads, streamline processes, and get information sooner/better/faster; it will save you millions. […]

Person holding cash in their hand wondering the importance of a cash flow statement

Why Cash Is King: The Importance of Cash Flow Statements

It’s hard to read through the Financial Accountant Standard’s Board’s latest update on recognizing credit losses – which dictates a […]

Report: Magic Unlikely to Impact Accounting and Reporting in the Near Term

There has been a lot of news about companies focusing on automated accounting and reporting software over the past few […]

Job Accounting

Accounting software for jobs and projects is a key part of corporate accounting functions. There are many situations where initiatives, […]

Tips for Making Your Tax Return Work for You

If you’re like many other Americans, you’re anticipating a tax return for 2019. And while it is easy to think […]

Using REST APIs for Accounting

Back in the early 1980s, we saw the first general-purpose accounting system. Prior to this, there were specific-purpose systems for […]

Image of earth from space - SOC 1 Type 1

SoftLedger is proud to announce that we have completed the requirements for a Service Organization Control (SOC) 1, Type 1 Audit covering our cloud-native accounting software product. The SOC 1 standard covers internal controls relevant to financial reporting at service organizations. This extensive reporting standard, also known as SSAE18 provides

Image of windows on a large building - Blockchain and accounting

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The Softledger Platform

Industries and Use Cases

Resource Center

About SoftLedger

What Is the Accounting Equation and Why Does It Matter?

If Time Is Money, Why Does the Financial Close Process Take Companies So Long?

The Inefficiencies of Automation: Is It Worth It?

Why Cash Is King: The Importance of Cash Flow Statements

Report: Magic Unlikely to Impact Accounting and Reporting in the Near Term

Job Accounting

Tips for Making Your Tax Return Work for You

Using REST APIs for Accounting

SOC 1 Type 1 Audit Complete

Blockchain Accounting and Reporting

Cost Basis for Crypto Asset Accounting and Taxes

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