Accounting

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...
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...
Member's Profile
Arthur Nguyen
Title: Corporate Controller
Company: Astound Commerce
(Corporate Controller at Astound Commerce)
I am looking for a sample of a chart of accounts and income statement for a professional service company.
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...
Anonymous Member
Anonymous
(office manager)
Should copies be made of checks and filed monthly?
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
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
(office manager)
looking for an efficient way to handle ap payments
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
Joe Wallin
Title: Partner
Company: Davis Wright Tremaine
(Partner at Davis Wright Tremaine)
SEC Investor Advisory Committee makes recommendations to the SEC regarding “accredited investor” definition and related considerations No specific changes to financial...