Create a Profit and Loss by Function

Create a Profit and Loss by Function

Reporting your Income and Expenses by function rather than their nature is much more common in the US, Japan and some European countries than in Australia and New Zealand. However, you have the choice in the Calxa App to create a Profit and Loss by Function without...
The Right Tools To Collaborate With Your Virtual CFO

The Right Tools To Collaborate With Your Virtual CFO

Working with a virtual CFO is similar in some ways to an internal accountant but there are key differences, especially when it comes to communication and access to systems. Within your organisation, especially if it’s office-based, your IT department probably manages...
Calxa vs Velixo: What Are The Differences?

Calxa vs Velixo: What Are The Differences?

Most users of Acumatica will lean on an external tool for their management reporting. Acumatica is great for managing the operational side of a business and provides some basic financial reporting. However, where it is not so well suited is producing reports for senior management or boards. This leaves users with few options. The main one, and most obvious, are manual spreadsheets. Alternatively, some have been using Excel with Velixo or a dedicated reporting app like Calxa. Let’s explore some of the pros and cons of using Calxa vs Velixo.