Midpoint team can help in creating a flexible chart of accounts (COA) and designing comprehensive accounting cycles. The COA service includes:
- Reviewing the general ledgers structure, documents cycles, products/services P&P, and the existing COA (if any);
- Identifying the required dimensions such as the number of currencies, subsidiaries and departments, and other
dimensions that may fulfill the management's needs for reporting and monitoring; and
- Develop COA and the related catalog / coding manual along with GL descriptions.