Sales Journals to Cash Receipts Posting

Sales Journals to Cash Receipts Posting

Virtas Partners was engaged by a PE-owned legal services firm to investigate $15 million of unapplied cash recorded in a suspense account and identify whether the cash should be remitted to customers as overpayments, applied to outstanding invoices, or credited to...
Proof of Cash – GAAP Conversion

Proof of Cash – GAAP Conversion

Virtas Partners was engaged by a records retention and destruction company to provide a Cash to GAAP conversion for 10 legal entities. Client Need A privately held company under LOI to be acquired by a private equity firm faced a critical barrier: its books and...