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Laresa McIntyre
Title: Vice President Finance
Company: Infinity Sales Group LLC
(Vice President Finance at Infinity Sales Group LLC)
Here are 10 accounts payable best practices in no particular order.  Hopefully your A/P department can put a check beside each of these items.   1. Always pay from original invoices.  If you have to pay from a copy, be sure to check your records for the...
Member's Profile
Bob Stenz
Title: Controller
Company: Silicon Valley start-up
(Controller at Silicon Valley start-up)
Excel and data management (including working with large volumes of data and databases) skills are often assumed upon finance and accounting professionals. However, some positions are better served by those who are exceptionally strong in this area. How does a...
Member's Profile
Susan Scott
Title: HR Manager
Company: Private
(HR Manager at Private)
Since this is not a job interview, although this question does get asked in interviews, please try to answer without regard to how it may reflect upon you. I know, that is not easy! I'll start things off. On the most basic level, I enjoy talking with people. My job...
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scott graves
Title: CFO
Company: Duke Manufacturing
(CFO at Duke Manufacturing)
We are in the process of implementing Performance Boards in the Finance / Accounting department to document, track and drive performance.  Initially, we discussed tracking on a daily basis: # invoices processed (payables), # errors (payables), $ receivables collected...
Member's Profile
Christie Jahn
Title: CFO
Company: Atlantic Wireless Communications
(CFO at Atlantic Wireless Communications)
In Jan 2014, as a result of Obama Care; employer paid health benefits will be taxable as a fringe benefit. I'm looking at it from the perspective of increased tax brackets possibly? Taxing people for something that is currently a benefit? I'm curious what your...
Member's Profile
Robert Breedlove
Title: CFO
Company: Xpert Exposition Services
(CFO at Xpert Exposition Services)
I currently manage two company files within Quickbooks Pro 2012 which cannot be open simultaneously. This makes for a frustrating and time consuming user experience. We are now in the process of setting up another entity, and I know more headaches await me should I try and...
Member's Profile
Mike Farrow
Title: CFO
Company:
(CFO)
If an employee has an annual performance bonus as part of their compensation and they resign in January (after working the full year) before the amounts have been paid out, is it common to not pay anything? This would not be for a commission based amount, purely for a...
Member's Profile
Bob Stenz
Title: Controller
Company: Silicon Valley start-up
(Controller at Silicon Valley start-up)
Excel and data management (including working with large volumes of data and databases) skills are often assumed upon finance and accounting professionals. However, some positions are better served by those who are exceptionally strong in this area. How does a hiring...
Member's Profile
Kelly Zawalski
Title: Corporate Controller
Company: Lavante, Inc.
(Corporate Controller at Lavante, Inc.)
We are a 75 person private Company looking to transition from an independent payroll service provider to a SAS 70 Type II provider this year. We are in the process of evaluating ADP vs. paychex, but are open to considering other providers, as well. Top...
Member's Profile
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. The scope of his work is now changing such that he will be traveling...
Member's Profile
Simon Westbrook
Title: CFO
Company: Aargo Inc.
( CFO at Aargo Inc.)
In recent years I have seen a number of companies switch from having separate vacation, sick, and personal time off to an integrated PTO system. Regardless of the reason for not attending work, the employee is charged against his or her accumulated PTO accrual. While...
Member's Profile
Josie Co
Title: Controller
Company: DataStax
(Controller at DataStax)
Someone came to ask me and I thought I raise it out here.  This is HR related.Is it legal for a prospective employer to request for a copy of the W-2 from a candidate that the employer is about to make an offer?  The prospective employer already verified...
Member's Profile
Liz Armstrong
Title: Controller, consulting
Company: Consulting
(Controller, consulting at Consulting)
My client is implementing a cloud based (SaaS ) financial system and wants to capitalize the implementation costs under the computer software developed or obtained for internal use rules (ASC 350-40).  Since the costs to design and install the underlying asset (e.g....
Anonymous Member
Anonymous
(Accounting Professional)
I've been at my current company for just over 4 weeks and am actively looking for something new.  I left my last position for greener pastures (more responsibility, more money, shorter commute).  Without going into details, everyone (including my previous...
Member's Profile
Kim Supercynski
Title: CFO
Company: Lincolnway Energy, LLC
(CFO at Lincolnway Energy, LLC)
I am trying to put together an incentive plan for my accounting employees.  Any ideas on goals to include for accounting personnel?  
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 subs (located in Germany and Taiwan).  The subs are wholly owned by the parent. In...
Anonymous Member
Anonymous
(N/A)
I am helping out a colleague who is trying to fill an opening in his company. It is a retailer doing over 25M. The current person that is leaving holds the title of Finance Director. Previously the position was CFO but it was felt that the company really wasn’t large...
Member's Profile
Lee Andrews
Title: P/T CFO, Business Consultant
Company: Pacific Bag, Inc./Other Clients
(P/T CFO, Business Consultant at Pacific Bag, Inc./Other Clients)
Hypothetical #1 -- say a company is in the business of making auto wheel rims and uses lathes in the manufacturing process. If they sell off a used lathe, then I have always considered that as a sale of fixed assets, and the difference between sale proceeds and the FA...
Member's Profile
Tim Williams
Title: CFO
Company: Private
(CFO at Private)
I am being asked to "shop for" an audit firm that can handle the growth we plan  to experience. What are the main differences between the big four accounting firms? Are any of them better for technology companies? Or does anyone know of  a regional firm...
Member's Profile
Stephen Helfrich
Title: CFO/Consultant
Company: In Transition/Consulting/Interim CFO
(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...