“We found that the combination of GP and Binary Stream’s Multi-Entity Managment product gave us the financial controls we needed to better manage our many long-term care facilities.”
“When we implemented Microsoft Dynamics GP ERP, we realized we needed a solution to integrate with GP and allow us to manage multiple databases into one. Binary Steam’s MEM solution does exactly that.”
“Binary Stream provides excellent support and their software releases keep pace with Microsoft’s, when others lag behind. Many professionals recommend Binary Stream’s MEM solution, and I do so regularly too.”
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4 Signs that your Team is Ready for Super-Charged Subscription Billing Software
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ASC 842 - The New Leasing Standard
Because of ASC 842, and its IFRS cousin, IFRS 16, that’s why! While these new standards are slightly different (IFRS requires all lessee leases to be treated as “direct finance” or capital leases, while ASC 842 classifies some leases as direct finance and others as operating leases), both are going to drastically change financial statement preparation and presentation, and hence will affect your everyday accounting.