Treasury

Member's Profile
B Wool
(owner at Self)
I obtained a promissory note in return for a business loan of which the debtor has since defaulted. I obtained a summary judgement which has since been vacated due to inadequate notice...
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Mark Maness
(Partner at B2B CFO)
A service business (advertising) client of mine has been asked to obtain a performance bond. I am not familiar with this product and would appreciate an overview of the structure,...
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Wayne Spivak
(President & CFO at SBAConsulting.com)
Will this change the way you do business? What backlash do you forsee?
Anonymous Member
Anonymous
(CFO)
assuming functional currency (FC) other reporting currency (RC) period 1 in FC revenue 200 profit 200 receivables 200 cash 0 period 1 in RC ex. rate 1/2 revenue 100 profit 100...
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Adrian Soto
(Kitchen Manager at Chuys)
Ok so I'm in the restaurant industry and ready to pursue my dreams on owning my own establishment. I have looked into leasing which would cost roughly 7k per month which is 6% of...
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Gregory Q. Jenkins
Title: President & CEO
Company: Quentasia Industries Inc.
(President & CEO at Quentasia Industries Inc.)
In Part I of my Just Make It Happen series, I laid out the proposition that simply telling your staff to "just make it happen" was about the worst thing a manager could say...
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Wayne Spivak
(President & CFO at SBAConsulting.com)
It seems in the CFO literature that we CFO's are hoarding cash again. Are we? And if we are (more than usual that is), why? Rainy day fund? Armageddon? The great depression?
Member's Profile
Wayne Spivak
(President & CFO at SBAConsulting.com)
Given the new types of services available with cloud software, do you still do month end bank reconciliations only? These new services allow you to reconcile on a daily basis, thus...
Anonymous Member
Anonymous
(Director)
We do loans to stockholders to purchase shares.  They payback these loans with distributions from the company.  We have about 70 loans today and that number may grow. ...
Anonymous Member
Anonymous
(Accounting Manager)
We are considering implementation of one of these software package for bank recons with activity of approximately 2,000 transactions per day. What vendor did you ultimately select and...
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John P. Hart
(Vice Pres - CFO at Nova Pressroom Products, LLC)
We've experienced an increase in accounts switching to Credit Card payment systems using V-Card, P-Card systems. We're talking B2B payments - usually in the $2-5k range, some...
Member's Profile
Kim Supercynski
(CFO at Lincolnway Energy, LLC)
What mitigating controls should we have in place if we go to electronic signatures on checks?  How are companies doing electronic signatures. jpeg in the accounting software or a...
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Stephanie Clevenger
(Accounting Manager at Sonendo Inc)
I work at a medical device startup and we have just started accepting credit cards from customers to pay their invoices and now I have to book the fees associated with the settled...
Member's Profile
Don Cox
(CFO at DKI)
We need to find a way to issue dual party checks in our business. We don't see a way to do this but this is common in the insurance industry (Issue payment to contractor and an...
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Anthony Pascente
(Director of Finance at Interboro Insurance Group)
At my Company we accept credit cards for payment of premiums for car and home insurance. I am looking to see if there is any service out there with lower fees that would do this...
Anonymous Member
Anonymous
(Financial Director)
Please provide substantiated evidence of how to account (Cash Flow Statement wise) a Settling of Accounts between companies. My opinion is that if I have a Vendor that is simultaneous...
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Paul Benedetto
(CFO, Director of Finance, Consultant at iTrellis, Rethink Fabrics, Finance On De..)
Does anyone have experience with paying contractors/vendors within Canada other than via wire? I'm having a heck of a time trying to find a cost and time efficient solution, akin...
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Joan Varrone
(CFO at Cloud Cruiser)
I am working with a company moving to SaaS and they are setting their price (which will be one year up front and not monthly). They are thinking of $25,000 but are not sure if their...
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David Wittenberg
(Financial Strategy at Verax Point)
I am polling CFOs/VP Finance/FP&As for their favorite tools for capital expenditure decisions.  Specifically, how do you create the best understanding of the true business...
Anonymous Member
Anonymous
(Director, International Finance)
We have a number of customers in Argentina that have overdue royalty invoices to our US company. Given the current currency regulations in Argentina, these customers are unable to send...