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Not working this weekend... Fuck yeah
Beyond ready for the holiday & PTO coming up soon🙌🏼
Anyone else on the bench now?
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I am assuming this is for monthly items like accruals and such. Entity>Fiscal Year>Topic>then files are saved as YYMMDD-file name.
Perm files like loan documents that CFO1 mentioned are Perm folder>Topic>Entity> then files are saved as Bank-loan amount-YYMMDD.
You have to find out what organization method works best for your team and then be consistent about it.
Company, trial balance-primarily balance sheet, year, month (only if needed). Because, for example, I don’t remember what month the loan was finalized but I do know the account number which will narrow it down. Since there is a limited number of statements I wouldn’t have the origination in a monthly folder and would find it faster.
Pro
Topic then month. We also do year- then entity- then topic- then month.