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Transforming Messy Revenue Recognition: How Exactitude Bookkeeping Streamlined Montessori School's Financial Reporting
Montessori schools often face complex financial challenges, especially when it comes to revenue recognition. For one Montessori school in Toronto, managing revenue and subsidy reporting was a tangled process that led to inaccurate financial statements and compliance risks. This changed when Exactitude Bookkeeping Inc. introduced QuickBooks Advanced Revenue Recognition. The result was a clear, efficient system that ensured accurate accrual accounting and smooth subsidy reporti
Abhijeet Sangani
Dec 23, 20253 min read
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Transforming Montessori Accounting: A Success Story of Efficiency with QuickBooks Advanced and Dext
Accounting can be a complex and time-consuming task for many educational institutions, especially when relying on outdated processes. A Montessori school in Toronto faced this challenge head-on. Their existing accounting system was slow and inefficient, causing delays in critical financial reporting. After partnering with Exactitude Bookkeeping, they completely overhauled their accounting workflows, moved to QuickBooks Online Advanced and Dext, and achieved a remarkable turna
Abhijeet Sangani
Dec 23, 20253 min read
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