Questions

Member's Profile
Konrad Sosnow
Title: Revenue Recognition Guru
Company: Konrad M. Sosnow & Associates
(Revenue Recognition Guru at Konrad M. Sosnow & Associates)
Set-up fees are common in SaaS arrangements. Some SaaS contracts require the customer to pay an upfront fee to set up the customer on the entity’s systems and processes. The fee is a...
Anonymous Member
Anonymous Member
Anonymous
(office manager)
Should copies be made of checks and filed monthly?
Member's Profile
Chris Shumate
Title: Corporate Accountant
Company: Redline Contract Services, LLC
(Corporate Accountant at Redline Contract Services, LLC)
Revenue recognition as it relates to the FASB has been a topic for quite a while. I work in the construction industry which is slated to have a very big change in the way its revenue...
Member's Profile
Daniel Clymer
Title: Automation Intern
Company: IPR International
(Automation Intern at IPR International)
I am looking for ways to improve cash flow and the nature of billing is done in cycles only at the beginning and end of each month similiar to a subscription model. My hopes are that...
Member's Profile
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
Company X is making a deal with Company Y X will provide essential purchase services including 3PL and use their credit facilities to finance inventory, which will be sold to Y as it...
Anonymous Member
Anonymous
(Awesomeness)
I have been working for a long time for companies that say nothing about the job you are doing until they are ready to fire you. The first step is emails correcting things you do, then...
Anonymous Member
Anonymous
(VP of Finance, Treasurer)
We are looking at expansion into China to support cross-border sales from the US. We are open to either a Rep Office or a WFOE; the WFOE would probably operate as a Cost-Plus entity (...
Anonymous Member
Anonymous
(controller)
If you had 100K in cash reserves, what would you do with it to earn more than the money markets are paying but still stay as liquid as possible?
Member's Profile
Scout Young
Title: CFO
Company: Private
(CFO at Private)
In practice, what differences matter to you and/or do you think others may find significant?
Anonymous Member
Anonymous
(CFO)
I am just tired of hearing a few "catch phrases" and about a few topics at work and I wanted to see if others were having the same experience and/or had other phrases that...
Anonymous Member
Anonymous
(Assistant Controller)
I have recently come across a job description that started like this - "The company has been named a “Bay Area Top Workplace” four years in a row and “Best Place...
Member's Profile
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
Which methodology do you use and why? Risk Method Historical Method Pareto Method Dart Method
Anonymous Member
Anonymous
(office manager)
looking for an efficient way to handle ap payments
Member's Profile
Ernie Humphrey
Title: CTP, Experienced Financial Professional
Company: 360 Thought Leadership
(CTP, Experienced Financial Professional at 360 Thought Leadership )
I saw an article on this topic on LinkedIn and thought it would great to get some comments from the Proformative Community. From my own experience, I was asked "if you could give...
Anonymous Member
Anonymous
(CFO)
I am a bit old school, and I need to enjoy my work. I have been accused of being too close with work colleagues and direct reports, but that is in my nature. It helps drive my passion...
Anonymous Member
Anonymous
(Controller)
We have large volume hardware purchases and a manual process for accounting for them as we don't yet have an ERP. About 1/2 the invoices have freight included and the total of the...
Anonymous Member
Anonymous
(Controller)
Do folks charge these to SG&A much like commissions paid to sales employees or should it go to COGS. I lean toward SG&A, however, I've been questioned on this. Thanks.
Member's Profile
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...
Anonymous Member
Anonymous
(Regional Finance Business Partner)
We will soon be engaging with Concur to automate our expense reporting and I was wondering if any of you had some experiences with the company that you could share?
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