Questions
Questions and the resulting answers are a great way to find what you need to know to do your job and advance your career. If you're looking for answers to a specific question, try a keyword search from the header of any page. For example, you could search for “non-profit accounting” or browse our questions section for a wider variety of accounting questions and answers of interest to you.
Proformative members can ask a Question at any time. Questions and answers are visible to everyone. You can ask a question, answer, comment anonymously or just read and enjoy the discussion.
Can’t find what you want? Ask your own question to start a discussion and get your answer.
Recent Active Questions
(Accounts Officer at R.A.K Services)
if CAD 15,640 is transferred from canadian account to an own USD account and 15,000 is received over there, what will be entry and its effect on F.S???
if CAD 15,640 is transferred from canadian account to an own USD account and 15,000 is received over there, what will be entry and its effect on F.S???
(Controller at Critical Signal Technologies, Inc)
I have the lists identifying how long material should be kept when in paper form. My company is pushing its way to an all electronic environment and the CEO wants to take the next step and scan signed contracts and then shred the originals. Does anyone know if this would...
I have the lists identifying how long material should be kept when in paper form. My company is pushing its way to an all electronic environment and the CEO wants to take the next step and scan signed contracts and then shred the originals. Does anyone know if this would...
Anonymous
(Controller)
I am currently the Corporate Controller of a medium sized, privately held company with revenues upward of $140M. I have been approached to be the CFO at a smaller company with revenues of about $50M. Both companies are well known in my State. I am curious if this...
(CFO at ShareThis, Inc.)
Has anyone used any 3rd party applications to integrate Quickbooks data with Salesforce? Our company is a heavy user of Salesforce to track pipeline, opportunities and wins. We use Quickbooks for our accounting software. I would like to be able to pull...
Has anyone used any 3rd party applications to integrate Quickbooks data with Salesforce? Our company is a heavy user of Salesforce to track pipeline, opportunities and wins. We use Quickbooks for our accounting software. I would like to be able to pull...
(CFO/Consultant at In Transition/Consulting/Interim CFO)
I recently started working for a company that has a Mexican Mequilladora operation and they have not been correctly implementing FAS 52 as it applies to financial statement translation, so when I translated the Mexican operation's financial statements from Pesos to...
I recently started working for a company that has a Mexican Mequilladora operation and they have not been correctly implementing FAS 52 as it applies to financial statement translation, so when I translated the Mexican operation's financial statements from Pesos to...
(President & Chief Financial Officer at SBA * Consulting, LTD)
If your insurance policy is like most of the policies I've seen, then any loss is automatically not covered if it relates to terrorism, civil unrest or war. This may even (although it is stated extremely tenuously) for health care as well. So what have you done...
If your insurance policy is like most of the policies I've seen, then any loss is automatically not covered if it relates to terrorism, civil unrest or war. This may even (although it is stated extremely tenuously) for health care as well. So what have you done...
Anonymous
(Principal)
Ten years ago, every accounting job description contained the words "shared service center" somewhere in the text. I haven't seen a reference anywhere in the last couple years. Were shared service centers (a) an organizational experiment that...
(IT at Epsilon)
As the financial year had changed, we would like to change the material issue series to 13-14/001, but we are unable to change. Kindly give us the procedure to change it.
As the financial year had changed, we would like to change the material issue series to 13-14/001, but we are unable to change. Kindly give us the procedure to change it.
(Treasurer at Private)
(President & Chief Financial Officer at SBA * Consulting, LTD)
If you were a business owner in the area of the Boston Marathon, would you have a Business Continuity Plan? http://www.marketplace.org/topics/business/day-after-boston-marathon-bombings-small-businesses-stories The day after the Boston Marathon bombings: Small businesses...
If you were a business owner in the area of the Boston Marathon, would you have a Business Continuity Plan? http://www.marketplace.org/topics/business/day-after-boston-marathon-bombings-small-businesses-stories The day after the Boston Marathon bombings: Small businesses...
Anonymous
(CFO and Controller)
Have a product that is delivered to the consumer electronically. The consumer is a mom/pop retail outlet. Looking at deploying internationally first in Canada and then potentially elsewhere. What have you done or would you recommend on the pricing as it...
(Controller, consulting at Consulting)
I'm interested in getting feedback from large employers (over 100 employees) with out-of-state employee and have somewhat complex payroll (lots of deduction and earnings codes, various incentive programs-commission & bonuses, fringe...
I'm interested in getting feedback from large employers (over 100 employees) with out-of-state employee and have somewhat complex payroll (lots of deduction and earnings codes, various incentive programs-commission & bonuses, fringe...
(Finance Director at Digital Window)
Can anyone recommend a US tax Form 1099-MISC software solution? We need to prepare and file up to 150 forms in terms of volumes so are looking for a system which enables Excel / csv data imports, email distribution to the tax payer, and online submission to the IRS.
Can anyone recommend a US tax Form 1099-MISC software solution? We need to prepare and file up to 150 forms in terms of volumes so are looking for a system which enables Excel / csv data imports, email distribution to the tax payer, and online submission to the IRS.
Anonymous
(Finance Director)
Is anyone able to recommend a resource (e.g. book, subscription service or website) which will provide US accounting and reporting requirements on a federal and state-by-state basis? We have a US-resident subsidiary (established as a Corporation) and...
Anonymous
(CFO)
I am looking for a real global bank where we can manage treasury needs and accounts in a centralized way. I'd like one point of contact that would facilitate our banking relationship and tools worldwide. Does it really exist? Bankers will tell me they...
(Event Questions at Proformative)
This question was asked by an attendee during the Proformative webinar “The Strategic CFO - Changing the Game for Finance”; held on April 23, 2013 featuring a presentation from Marc Linden, CFO, Intacct. Join the discussion and add your insights below.
This question was asked by an attendee during the Proformative webinar “The Strategic CFO - Changing the Game for Finance”; held on April 23, 2013 featuring a presentation from Marc Linden, CFO, Intacct. Join the discussion and add your insights below.
(Event Questions at Proformative)
This question was asked by an attendee during the Proformative webinar “The Strategic CFO - Changing the Game for Finance”; held on April 23, 2013 featuring a presentation from Marc Linden, CFO, Intacct. Join the discussion and add your insights below.
This question was asked by an attendee during the Proformative webinar “The Strategic CFO - Changing the Game for Finance”; held on April 23, 2013 featuring a presentation from Marc Linden, CFO, Intacct. Join the discussion and add your insights below.
(Event Questions at Proformative)
This question was asked by an attendee during the Proformative webinar “The Strategic CFO - Changing the Game for Finance”; held on April 23, 2013. Join the discussion and add your insights below.
This question was asked by an attendee during the Proformative webinar “The Strategic CFO - Changing the Game for Finance”; held on April 23, 2013. Join the discussion and add your insights below.
