Questions

Anonymous Member
Anonymous
(Director)
Our company has does acquisitions of professional organizations. The purchase price is determined as a mutliple of EBITDA.We pay the Target with a combination of cash, promissory notes...
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Chris Shumate
Title: Corporate Accountant
Company: Redline Contract Services, LLC
(Corporate Accountant at Redline Contract Services, LLC)
David McCann recently posted an article on CFO.com (http://ww2.cfo.com/bankruptcy/2014/09/radioshack-cfo-jumps-sinking-ship/) on September 15 regarding RadioShack's most recent CFO...
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Madan Aggarwal
Title: VP Operations
Company: Unify Square, Inc.
(VP Operations at Unify Square, Inc.)
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Bob Manzi
Title: Corporate Controller
Company: Clarity Media Group, Inc
(Corporate Controller at Clarity Media Group, Inc)
We are looking at mileage reimbursement rates for 2015. We currently reimburse our local sales reps a flat amount ($ .27) per mile. I'm trying to get a sense of what other...
Anonymous Member
Anonymous
(Accountant)
Hello, I would like to know the best way to categorize property expenses (purchase costs, holding costs, selling costs) for home flipping business. Should they belong to COGS or OPEX?...
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Christy Fliflet
Title: VP Finance
Company: FEI
LinkedIn Profile
(VP Finance at FEI)
I am curious if anyone has used a merchant account auditing service to audit their credit card merchant statements and look for potential savings? A company providing this service has...
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Jeffrey Ishmael
Title: Chief Financial Officer
Company: Cylance, Inc.
(Chief Financial Officer at Cylance, Inc.)
Hoping to solicit feedback from this forum regarding any experience with the NetSuite RevRec module, which we are in the midst of implementing. It has been explained to us that after...
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Sara Voight
Title: Controller
Company: Critical Signal Technologies, Inc
(Controller at Critical Signal Technologies, Inc)
We have a contractor who will be submitting weekly invoices to us for his work at our company. No issue as we will track this and provide him with a 1099 at year end for his services....
Anonymous Member
Anonymous
(Controller)
Sublease Question: Company A which is not involved in Real Estate renting or leasing in any way subleases space to Company B, at a loss of $5K per month.  On top of the difference...
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Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
What type of travel policies do you use? Do you require budgets? Have a Per Diem rate, and if so how is that calculated? Lodging, certain hotel chains/star listing/Per Diem? Air, do...
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Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
Which do you find better: NPV or the IRR and if IRR, do you consider MIRR?
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Brett Bennett
Title: Controller
Company: Demandbase
(Controller at Demandbase)
Our company currently factors in unbilled revenue or contracts that have been signed but no revenue incurred yet in our calculation of DSO. Are these appropriate DSO calculation...
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Jerry jorgensen
Title: Director, Finance and Accounting
Company: Jo-Kell
(Director, Finance and Accounting at Jo-Kell)
Our company makes a number of small infrequent purchases from a large number of vendors. As a result, the vendor master file is quite large, but purchases have not been made from a...
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Anonymous

The company has a credit card policy which is not enforced. Actually it does not mention who has to enforce it. Constantly, the employees submit their expense reports and receipts...
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Daniel Magliari
Title: Principal.
Company: Magliari and Associates
(Principal. at Magliari and Associates)
I am working for a privately held company that has recently acquired a couple of subsidiaries internationally.  We currently need to provide an intercompany loans to two of the...
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Kim Hall
Title: Consultant
Company: HWG, Inc.
(Consultant at HWG, Inc.)
Hi There!  Maybe you saw the post that my client is moving to a new payroll system.  I was talking to the vendor about account set up and he made a comment about salaries in...
Anonymous Member
Anonymous
(Manager)
We use Quickbooks. Just plain old QuickBooks. I feel like there must be something I'm missing here about transitioning to the cloud. Why would a business move it's accounting...
Anonymous Member
Anonymous
(CFO)
We are a small company looking to use a virtual data room and we look at some partnering opportunities. Are there any recommendations? What is typical cost? We are pretty simple. Not a...
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Keith Perry
Title: VP Finance
Company: Rexanto
(VP Finance at Rexanto)
We're going through a bit of an expansion. As we do so we're expanding both our internal staff, contract staff (within and without the facility), and true outsourced to...
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