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Financial Closing Instructions 2023
This lecture provides detailed instructions for the financial closing of 2023, covering topics such as the importance of annual closing, general principles, consolidation of entities, use of the ServiceNow platform for document submission, management of invoices and expenses, inventory controls, and the impact of upcoming changes in VAT rates for 2024. The instructor emphasizes the need for accurate financial reporting, timely validation of documents, and efficient management of financial processes to ensure compliance and smooth operations.
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