Accounting

Overview

Welcome to the Accounting training page! Here you can find presentations and video tutorials filled with great information, tips, and tricks for anything you might need to know in the Accounting Department!

The Accounting Department at One Power is the financial backbone, driving transparency, accuracy, and control. It keeps a pulse on all transactions, from internal operations to external deals, ensuring financial statements are crystal clear and fully compliant with GAAP. Beyond reporting, it safeguards the company’s cash flow, works seamlessly with teams across the business, and oversees invoicing, payments, and tax filings. With a keen eye on liquidity, the department ensures One Power’s financial health remains strong and ready for the future. Have fun learning!

    Resources

    AP Approval Reference Guide –  coming soon

    Chart of Accounts

    Cost Codes

    PO Terms and Conditions – We submit our terms and conditions when placing service contracts or large purchase orders. This lets vendors know that we are going to pay net 30.

    Sales/Use Tax Document

    Forms

    Expense Report OPC

    Immediate Payment Request

    Training Videos

    Coding Receipts

    This video highlights the importance of correct coding and explains how to code receipts for accurate accounting and reporting.

    Coding Training

    This video provides an overview of coding receipts and invoices. It covers submitting packing slips, proper coding for project-related expenses, and why it’s important to have clear communication with the Accounting Department in order to accurately track finances. 

    Foundation Software Training

    Foundation Software’s Ryan Chaplinski provides an overview of the document imaging module, highlighting how to attach and manage PDF and image files within records like invoices and vendors. He also explains key features for routing and approving accounts payable invoices.

    How to Read a Balance Sheet

    A balance sheet provides a snapshot of the company’s financial position at any given time. In this video, you’ll learn how to interpret the key sections of a balance sheet, including assets, liabilities, and equity, to better understand a company’s financial health.

    Income Statement Overview

    An income statement is an important tool used to measure a company’s financial performance. This training teaches you how to analyze the key components, including revenue, expenses, and net income, to gain a clear understanding of a company’s profitability and financial health.