Accounting

Member's Profile
a craft
Title: owner
Company: self employed
(owner at self employed)
We purchased a major software package and are now in the process of customizing it for our own use. This is an extensive undertaking, entering detailed information and is taking...
Member's Profile
Joanie Mann
Title: Principal Consultant
Company: Cooper Mann Consulting
LinkedIn Profile
(Principal Consultant at Cooper Mann Consulting)
Revenue Recognition and closing the reporting GAAP One company earns what the other company spends.  This is business, and it seems like it would be pretty straightforward,...
Anonymous Member
Anonymous
(Owner)
Please clarify for me how the Internal Checking Account Journal in the General Ledger should be used. Background: I'm reviewing General Ledger activities (primarily, incoming...
Anonymous Member
Anonymous
(Finance Manager)
A $30,000 invoice was accidentally paid 2 periods early and affected other operating expenses for the period (i.e. payroll). I know a loan will probably have to be initiated in order...
Anonymous Member
Anonymous
(Controller)
Our current map is set at CC-DDD-PPP-AAAAA where C is company code, D is department, P is product line, and A is GL account. We have the opportunity to completely restructure our...
Anonymous Member
Anonymous
(Accountant)
Given the following facts, when should the invoice date be? 12/31/14 or 1/1/15? *Contract signed/executed 12/31/14 (i.e., bookings count toward 2014 sales quota) *Contract term start 1...
Anonymous Member
Member's Profile
Andrea M.
Title: Accounts Payable Rep.
Company: rather not say
(Accounts Payable Rep. at rather not say)
I'm an Accounts Payable professional and have worked in the industry for over 10 years and consider myself very ethical in doing my job. I recently started a new job and am unsure...
Member's Profile
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...