7 Key Concepts for Finance

This recorded webinar captured a Finance User Group meeting. This meeting covered 7 key concepts:

1. Most transactions go through 5 basic steps.
2. Vouchers manage payments in ConnectCarolina.
3. Information about budgets is tracked separately from information about actual transactions.
4. Once a transaction is budget-checked, you see it in
   InfoPorte.
5. Unposted GL journals are deleted at month end.
6. Our new accounting method is called the accrual
   method.
7. Unposted vouchers are rolled forward at the
   end of the month.