Why is Department Coding So Important?

In episode #18, I address department coding. This is the second pillar in our proper SaaS accounting foundation. First, we need a proper chart of accounts. Second, we need the proper departments in our accounting software. - What are departments? - Identify your departments - Code expenses to the department level - Each accounting system calls it something different - Part of our monthly financial close process - Sets us up for financial analysis and accurate SaaS metrics SaaS Metrics courses here: https://www.thesaasacademy.com/ Join Ben’s SaaS community here: https://www.thesaasacademy.com/offers/ivNjwYDx/checkout Follow Ben on LinkedIn: https://www.linkedin.com/in/benrmurray Subscribe to Ben’s SaaS newsletter: https://mailchi.mp/df1db6bf8bca/the-saas-cfo-sign-up-landing-page