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G-Accon

The Future of Financial Reporting Is Already Here – And It’s Automated

Blake Oliver · January 27, 2025 ·

If you’re like most accountants, you spend countless hours updating spreadsheets, reconciling data between systems, and generating financial statements. Month-end close often involves manual data entry, copying and pasting, and time-consuming validation checks. However, recent advancements in automation tools mean those days may be numbered.

During a recent Earmark Expo webinar, G-Accon showcased how its Google Sheets add-on integrates seamlessly with cloud accounting platforms like QuickBooks Online, Xero, FreshBooks, and Sage. The demo highlighted a new era of accounting workflows—one in which real-time synchronization, automated data processing, and detailed reporting can dramatically reduce manual effort and give accountants more time for higher-value advisory work.

Below are the biggest insights from the live demonstration—and how they could reshape your month-end process.

Automated Reporting & Dynamic Templates

One of the standout features is how G-Accon handles financial reporting without storing any data on its own servers. Each time you refresh a report, G-Accon reaches directly into your accounting platform to pull in current numbers. By relying on live data, accountants always see the most up-to-date figures.

But the real magic lies in the template-based system. Rather than manually reconfiguring date ranges or reapplying custom formulas each time, you can define a structure once and let G-Accon handle the rest. Need to show net profit margin or custom KPIs on the P&L? No problem. Create the formula once, and it stays anchored even when new rows (like newly created accounts) appear.

“You don’t have to open each and every template,” explained G-Accon Chief Operating Officer Yelena Tretyakova. “You come here, change your formula in one place, and it updates everywhere.”

This means you can manage multiple sets of financial statements—like P&Ls, balance sheets, and cash flow statements—in a fraction of the time. Dynamic date ranges, color-coded negatives, and company logos can be baked right into your templates, giving clients professional-looking reports with zero repetitive effort.

Bulk Data Upload & Validation

Another common pain point is manual transaction entry. Whether you’re reclassifying expenses, correcting chart-of-accounts mappings, or posting large journal entries, uploading changes line by line is error-prone and labor-intensive.

G-Accon tackles this by allowing bulk uploads from Google Sheets to be directly uploaded to QuickBooks or other platforms. With one click, you can push thousands of lines—bills, invoices, journal entries, time activities—while G-Accon enforces validation rules. If the system detects an unbalanced journal entry, for instance, it flags the row and prevents erroneous data from ever reaching your GL.

You can also automate modifications in bulk. For example, if multiple transactions need a new class or department code, simply download them to a sheet, change the class code, and push them back. Each row’s status is tracked in real-time so you can see exactly which transactions were posted successfully.

“If you have errors because your debits and credits don’t balance, you’ll see that directly from QuickBooks,” Yelena noted. “You can go back, fix the row, and re-upload.”

Multi-Entity Consolidation & Intercompany Eliminations

For firms managing multiple clients—or businesses with multiple subsidiaries—the ability to consolidate is critical. G-Accon supports multi-entity consolidation by pulling data from all connected organizations, unifying it in Google Sheets, and even converting foreign currency amounts where needed.

Crucially, it also supports intercompany eliminations and grouping of accounts. If entities use different account names or numbering conventions, G-Accon lets you create elimination rules and group accounts under a shared heading (e.g., “Operating Expenses”). You can then generate consolidated P&Ls, balance sheets, and cash flow statements that neatly combine or exclude specific line items across multiple organizations.

“If you create new account codes in your chart of accounts, G-Accon picks that up automatically,” Yelena explained. “For multi-entity consolidation, you can map or group different accounts and then eliminate intercompany transactions.”

This streamlined approach removes a huge source of manual reconciliation and ensures you always have an accurate, real-time view of your organization as a whole.

Pre-Built KPI Dashboards

G-Accon also comes bundled with a set of pre-built KPI dashboards. With just a few clicks, you can stand up a visual snapshot of a company’s financial health, showing revenue, expenses, margins, and more. The underlying data is continuously refreshed from QuickBooks or other accounting systems, so these dashboards always display the latest numbers.

Best of all, these templates are fully customizable. You can add or edit charts, incorporate industry-specific metrics, or layer in additional Google Sheets formulas. Because everything lives in Sheets, you have the flexibility to adapt each dashboard to perfectly match client needs.

Workflow Automation & Detailed Logs

While automated reporting and bulk data uploads are huge time-savers, the workflow automation component ties it all together:

  • Scheduling: Set daily or hourly refresh intervals for reports.
  • Alerts: Configure custom triggers (e.g., email stakeholders if monthly expenses surpass $10,000).
  • Report Distribution: Automatically email dashboards or PDF statements to management or clients.
  • Backups: Generate snapshot backups of your Google Sheets file to preserve historical data.
  • Webhooks: If you want to connect with other applications or processes, G-Accon supports inbound/outbound hooks.

What’s more, G-Accon provides a detailed operations log showing every automated action taken. This means you can skip the frantic spreadsheet checks—simply look for “Success” or “Error” in the log to verify your tasks completed correctly.

“If you have 200 different reports, you’re not going to check each tab,” said Yelena. “You come here and see all actions in the log file.”

Real-World Use Cases & Pricing

Accountants use G-Accon for a wide variety of tasks, from month-end close to budgeting and forecasting. Franchise owners leverage multi-entity consolidation to handle dozens of stores; nonprofits integrate with QuickBooks to create advanced dashboards for board members; and businesses that run large volumes of transactions can bulk upload journal entries for year-end cleanups.

All features are included at every plan level. Pricing scales based on how many companies (entities) and users you need, so smaller firms can start affordably and expand without losing any functionality as they grow.

Move Beyond Manual Processes

Interested in exploring these automation capabilities further? Watch the entire Earmark Expo for a deep dive into G-Accon. You’ll see how easily you can move past traditional spreadsheet drudgery and deliver truly value-added advisory services to your clients.

How G-Accon Transforms Franchise Accounting: A Deep Dive into Automated Financial Analysis

Earmark Team · November 25, 2024 ·

When egg prices spiked in 2023, Natalya Hummer could show her franchise clients exactly how it affected their margins. Using G-Accon to analyze data from 63 Crumbl Cookie locations, she helped owners make immediate decisions about pricing and operations.

In a recent webinar hosted by Kelly Gonsalves, a New York-based accountant who also uses G-Accon in her practice, Hummer demonstrated how accounting technology can elevate basic compliance work into high-value advisory services. The webinar, “Automating Month-End Close and Reporting with G-Accon,” offered insights from both practitioners about transforming franchise financial management.

“Sometimes you just have to endure these changes,” Hummer explains, “but at least we know why—it’s not an unknown.” This granular data helps franchise owners protect profitability through informed decisions about pricing, suppliers, and operations.

Experience on Both Sides of the Business

Hummer brings 27 years of accounting experience—from staff accountant to CFO—plus hands-on knowledge as owner of three Crumbl Cookie franchises. This dual expertise drives her approach at Finatech Consulting, where she uses G-Accon to connect Google Sheets with QuickBooks Online for deeper analysis.

What is G-Accon?

G-Accon is a cloud-based solution designed for accountants, CFOs, and finance teams that automates integration between Google Sheets and accounting platforms like QuickBooks Online. Gonsalves explains that it goes beyond simple exports to enable complex financial modeling and granular data analysis. The tool simplifies data consolidation, provides multi-entity management, and offers real-time syncing capabilities.

Detailed Data Drives Better Decisions

Most accountants process vendor bills by category—lumping an entire Sysco invoice under “food costs.” G-Accon enables line-item analysis instead. “Without G-Accon, I would never be able to do that,” Hummer notes. “Sysco invoices might be three pages long, and I’m not going to book bills with so many lines manually.”

The system processes 10,000 line items as quickly as 100, revealing:

  • Cost spikes for specific ingredients
  • Sales patterns by season
  • Labor efficiency metrics
  • Product profitability

Automated Alerts Prevent Problems

Franchise operations face strict compliance requirements. Hummer’s system catches issues early through automated alerts. “Some franchises, like Crumbl, will reject any financial statements missing a pest control entry,” she explains. The system flags these issues before submission.

These alerts also catch unusual patterns and missing expenses. When the system flags three months of missing service charges, it creates an opportunity: “We may look like heroes to our clients. We’ve been accruing an expense for three months; are you using this service or forgot to pay for it?”

Implementation Requirements and ROI

Successfully implementing G-Accon requires:

  • Direct login access to vendor systems for automated data pulls
  • Structured mapping of items and accounts
  • Clear processes for multi-entity operations
  • Regular monitoring of automation rules

The initial setup investment pays off quickly. The efficiency gains let firms offer sophisticated analysis at competitive rates—positioning services between basic bookkeeping ($500/month) and premium consulting ($5000/month).

Strategic Planning with Daily Data

G-Accon’s power is shown in its strategic planning and forecasting. Daily sales data answers critical questions like “How did we perform on July 4th?” and “What should we expect this year?” This enables data-driven decisions about staffing, pricing, and inventory.

One franchise owner was so confident in the system that she ran her own analysis alongside Finatech’s Profit and Loss projections. “She arrived almost at the same result, but in a different way,” Hummer shares, “because she knows her business best.” This validation demonstrates how detailed data builds trust and encourages owners to participate in financial planning actively.

Rapid Feature Development

In more than six months with G-Accon, Finatech Consulting has implemented:

  • Automated data imports and exports
  • Compliance monitoring alerts
  • Custom forecasting models
  • Consolidated multi-entity reporting
  • Comparative location analytics

Both presenters emphasized G-Accon’s responsive development team. The team actively develops new features based on user feedback, with pro forma balance sheets and enhanced performance monitoring in development.

Competitive Advantage Through Specialization

Focusing on quick-service restaurants and bakeries enables powerful benchmarking. With data from 63 similar locations, Hummer’s team delivers:

  • Industry-specific KPIs and benchmarks
  • Peer comparisons
  • Standardized best practices
  • Deep franchise requirement knowledge

This specialization, combined with granular data analysis, creates lasting client relationships built on measurable value.

Transform Your Practice

The tools for transforming compliance work into advisory services are available now. Automated data collection, granular analysis, and industry specialization create relationships that transcend traditional accounting services. For firms ready to invest in the right tools and processes, the opportunity to enhance both client success and firm profitability is clear.

Learn More

Watch the complete webinar on “Automating Month-End Close and Reporting with G-Accon,” with Kelly Gonsalves and Natalya Hummer to learn more about implementing data-driven advisory services in your accounting practice.

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