Accounting
Financial reporting in AIESEC is extremely important indifferent to the size of the entity. Generally, the concept was to fill out excel spreadsheets to register the transactions but slowly and gradually times changed and a new trend came up. Wave is generally considered as the most suitable accountancy software for AIESEC entities, a perfect match for smaller entities and a support for large entities. It not only provides the ease of recording accounting transactions, but it also has made reporting work much easier allowing convenience to the finance department of the entities.
Having multi features allows one not only ease in bookkeeping, but also to manage credit and prepare electronic invoices. One of the biggest assistance that wave accountancy software provides to the national team is that it can avail the option of collaboration through which the Member Committees can bleep a check on the accounts of local committees. All that needs to be done is to record data on the software in a timely basis and make sure that calculations are being done promptly.
I'm order to make work easier and reporting more genuine it is highly recommended for entities to attain the privilege of this free software which will surely make an AIESECer’s life much easier.
