CodaBears: Financial Services

Your Financials are the heart of the company - keep it beating!

Transcend your current Financial capabilities by using CodaBears' Financial professionals! We have two offerings to augment your team to help during a transition or to help verify your financial processes.

Monthly Core Financial Services

Base Service

Financial experts perform month end closes. Each team specialist has over 40 years of experience. We review and develop your financial processes and procedures. Perform the monthly financial closing process accurately and timely.

Review your Existing Month End Processes
Capture and Post the COS/WIP
Run Reports and Reconcile Ledgers:
- Accounts Receivable
- Accounts Payable
- Received Not Invoiced
- Work in Process
- Stock Status
- Address issues such as zero cost items in inventory
Complete Month End Process
Produce Financial Statements
Variance Analysis

Add-on Services

Quarterly Forecasts
Annual Budgeting
Upgrade Coaching
Implement ’Periodic Posting Process‘ Enhancements
Statistical Accounting

Financial Health Check

Our team investigates your system to identify areas that need to be improved such as:

Product Costing and Inventory Valuation
- Increased Visibility of why MFG-VAR happens
- Absorption Variance
Multi-Site, Multi-Company, Multi-Currency
- Inter-Company Sales & Costing
- Setup & Configuration
- Consolidated Financial Statements
Adjust Posting Rules
- Specific to your Business
- Comprehensive Transactions Descriptions

Budgeting & Forecasting within ERP
Project Base Organization
- POC (Percentage of Completion) & Revenue Recognition
- Tracking Margins by Project
  - Product Revenue
  - Aftermarket Parts
  - Warranty
  - Installation
  - Service