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www.proformative.com/questions/centralized-vs...

We currently run 4 mfg plants of similar size ($25 MM sales, 200 ee's each) in 3 states with a controller and related accounting functions at each plant reporting into a corporate CFO at the parent. We have a centralized computer system so there is no reason we could not move more accounting functions to corporate other than the plant manager prefers autonomy and keeping this set up.

www.automate.com/4-benefits-of-centralized-accounting

Also, businesses with centralized accounting are more likely to use a form of online bill pay or electronic transfers, which expedites cash flow and greatly reduces mailing costs. Another centralized accounting process that saves time is automated intercompany general journal postings.

encyclopedia2.thefreedictionary.com/Decentralized+Accounting

Under decentralized accounting the functions of the main accounting office consist of verifying the accounts of these divisions, giving instructions to the accounting workers, and doing the accounting for centralized operations, including compiling the bookkeeping of balances and reports.

faqs.in.gov/.../115005068567-What-is-Centralized-Accounting-

To date, SBA's centralized accounting staff perform accounting functions for over a dozen state agencies. As a result, ten full-time positions were subsequently not filled in the consolidated agencies, saving taxpayers approximately $530,000 in salaries and benefits annually.

www.accountingtools.com/articles/2017/5/14/close-faster...

Close faster with centralized accounting July 25, 2018 / Steven Bragg. When you have multiple accounting locations that forward their results to the corporate staff for consolidation, the closing process will be less efficient. The trouble is that some locations will be less efficient than others, due to different policies, procedures, training ...

www.dummies.com/business/operations-management/managerial...

Decentralization is the process of moving decision-making powers down the chain of command. In a highly decentralized organization, frontline managers and staff often make important decisions. On the other hand, in a highly centralized organization, senior managers at the top of the organization chart make the decisions. Decentralization offers several benefits: Large corporations may need […]

fmx.cpa.texas.gov/fmx/capps/about.php

Centralized Accounting and Payroll/Personnel System (CAPPS)What is CAPPS?. The Centralized Accounting and Payroll/Personnel System or CAPPS is the official name of the statewide Enterprise Resource Planning (ERP) system created by the ProjectONE team.

smallbusiness.chron.com/centralized-accounts-payable-73862...

Accounting & Bookkeeping » Accounting » What Is a Centralized Accounts Payable? by Tiffany C. Wright. Centralized accounts payable operations provide companies with numerous benefits.

www.autodealertodaymagazine.com/310865/4-benefits-of...

Having separate accounting staff in each space can cause inefficiencies, redundancies, and longer closing times. To solve this dilemma, many auto groups have moved to a hub-spoke system of centralized accounting. This means the majority of the office staff are in one location and each store has one accounting support person.

plcrn.com/centralized-partnership-audit-regime-cpar-should...

What is the Centralized Partnership Audit Regime (CPAR)? New for 2018 – Partnership returns, unless you are eligible to elect out and do so, will automatically be subject to the IRS “streamlined method” of auditing and collecting taxes relating to partnership returns. Under the “centralized method,” when audited, the IRS will correspond directly with a...