What We'll Talk About
This masterclass is here to get you into the nitty-gritty with working papers on the Silverfin platform. We will talk about account templates and reconciliations, and show you how Silverfin uses the account templates to guide user input and determine where in the underlying bookkeeping system to pull data from. Not to boast but by the end of this masterclass, you’ll see how Silverfin can simplify your reconciliation process, reduce manual errors, improve visibility of your client's data and optimise your workflow.
We’ll delve into the most regularly used account templates and working papers, explore specifics within data fields and learn some tricks along the way. You’ll also see how this information all flows together into your summary reports and analytical reviews.
What You'll Learn
- Calculating depreciation using a straight-line method and posting depreciation journals.
- Managing fixed asset registers and increasing completion percentages.
- Entering loan information, including details such as loan amount, interest rate, and repayment terms.
- Posting interest adjustments for loans.
- Importing and reconciling payroll data, including employee details and payroll information.
- Enabling analysis of carried forward balances and average number of employees in payroll reconciliations.
- Using holiday accrual templates to calculate and post holiday accrual adjustments.
- Accessing further guidance on working papers and individual templates in Silverfin.