Popular Everything Else Discussions

Member's Profile
John Fischel
Title: Finance Supervisor
Company: Crosswood, Inc. DBA The Pathways Schools
(Finance Supervisor at Crosswood, Inc. DBA The Pathways Schools)
I've been doing some research and found some serious complaints about Paylocity amid very few positive reviews. The interface appears to be excellent and implementation is always a function of client involvement and effort, but I'm very worried about customer service, which is a...
Anonymous Member
Anonymous
(CFO)
I have been asked several times over the last few months as I interview for jobs where preparing financial planning models is part of the job description whether I use macros in the models I have built.  Although I know how to use macros and even know how write macros using the...
Anonymous Member
Anonymous
(Owner/Talent )
I am considering using a PEO and have been impressed with Insperity's sales representative and insperity reviews.  Will I be impressed with their service?
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Roger Frederick
Title: CFO
Company: Private
(CFO at Private)
What are the differences between a PMO vs project manager?
Member's Profile
Thomas Mungovan
Title: Director of Finance
Company: VideoIQ, Inc.
(Director of Finance at VideoIQ, Inc.)
We're a rapidly growing technology hardware company, and are now at the point where we need to transition from Quickbooks to a platform that provides more comprehensive functionality.  Integrated procurement & inventory management is one of our most...
Member's Profile
Thomas Sherrouse
Title: Business Intelligence Manager
Company: TaxSlayer
LinkedIn Profile
(Business Intelligence Manager at TaxSlayer)
We are in the process of evaluating and deciding on which Budgeting and Software solution to use to replace our current process of managing our Budget via a large Spreadsheet. I've looked around and utilized this forum to gain greater insight on the options that are out there. I would...
Member's Profile
Alan Jones
Title: Controller
Company: Portlandia Restaurant Group
(Controller at Portlandia Restaurant Group)
Member's Profile
Joan Varrone
Title: CFO
Company: Cloud Cruiser
LinkedIn Profile
(CFO at Cloud Cruiser)
I know that electronically delivered software is in most cases exempt from sales tax ( there is a exception in the state of Washington if there is an employee in that state).  However, this was based on my work at an enterprise software company a few years back and I wanted to...
Anonymous Member
Anonymous
(CFO)
We consolidate as many as 12 to 15 companies on a monthly basis.  Not all companies use the same ERP/accounting software, so right now we require them to submit a monthly trial balance in Excel. The software we have been using is no longer supported (surprise!) and we need to find an...
Anonymous Member
Anonymous
(Director of Financial Services & Corpora..)
I've been approached by Comdata to streamline our A/P payment process. It's a MasterCard based service, which significantly reduces the time spent on issuing payments. If you have any experience in this process, could you please share? Thanks.
Anonymous Member
Anonymous
(Owner/Talent )
I am a small employer with 22- full time employees. The reasons I am considering using a PEO are because of HR compliance challenges, payroll matters and the need for affordable healthcare options.  I am open to suggestions on the best PEOs to consider.  I have been told a...
Member's Profile
Stephen Helfrich
Title: CFO/Consultant
Company: In Transition/Consulting/Interim CFO
(CFO/Consultant at In Transition/Consulting/Interim CFO)
I am in the interview process with a company that uses Syteline as an ERP System but they haven't kept up with the various upgrades over the years.  It is estimated that upgrades are in arrears approximately $125K worth and whoever is hired is going to have to decide...
Member's Profile
Leslie Karnauskas
Title: CFO
Company: BMGI
(CFO at BMGI)
I am trying to find out what the standard finders fee might be for fund raising in the range of $1M to $5M. Can anyone tell me what current market rates for fees might be please. Thanks!
Anonymous Member
Anonymous
(Manager)
Any time-saving tips for simplifying the consolidated financial statements reporting process? In terms of just the software piece of it, I feel like we’ve outgrown QuickBooks. Our holding company is mainly in the construction business.
Anonymous Member
Anonymous
(Regional Finance Business Partner)
We will soon be engaging with Concur to automate our expense reporting and I was wondering if any of you had some experiences with the company that you could share?
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 priorities are...
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 thoughts are about...
Anonymous Member
Anonymous
(Founder)
To add a little detail, we're a $6 million home services small business that is going to become a medium size business by the end of this decade. We're fairly early in the research and selection process. On criteria for "best erp software," our goals are: - Easier to...
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 that does well...
Anonymous Member
Anonymous
(Chief Financial Officer)
The IRS is auditing 2010 for an S Corp.  As part of their audit request, they have asked for an original Quickbooks backup file.  By giving them this file, they will have access to all transactions for the entire history of the organization.  Have anyone ever dealt with...
Member's Profile
Steven Prevost
Title: CFO
Company: The Signorelli Company
LinkedIn Profile
(CFO at The Signorelli Company)
Greetings - I recently became CFO for a home builder and noticed that the company’s “Shared Drive” is in a state of disarray – project documents are located in multiple locations and there is no logic to the file structure. Reorganizing the Shared Drive has been on...
Member's Profile
Bryan Frey
Title: VP Finance/Corp Controller
Company:
(VP Finance/Corp Controller)
The EDD just hit me with an Employment Tax Audit. In my 15+ years of being a CFO at 5 companies I've never had one of these. What should I expect? How should my team and I prepare? Any lessons learned would be greatly appreciated.
Anonymous Member
Anonymous
(Vice President, Controller)
Our workers comp insurance company is stating that we should be charged workers comp insurance for independant contractors, who receive a 1099, if they do not provide proof of having their own workers comp policy coverage.  Is anyone else experiencing this? Thank you
Member's Profile
Christopher Webb
Title: Accounting Manager
Company: Private
(Accounting Manager at Private)
Member's Profile
Chris Shumate
Title: Accounting Manager
Company: Dominion Development Group, LLC
LinkedIn Profile
(Accounting Manager at Dominion Development Group, LLC)
I am curious, I have a sort of education-a-holic type thing going on where I continue to want to gain more knowledge. I am working toward my CPA currently. My ultimate goal is to become a CFO or Controller of an organization some day. I have been as high as a Senior Accountant in a mid-...
Member's Profile
Michael Scherbourg
Title: CFO
Company: Miklan Manufacturing
(CFO at Miklan Manufacturing)
Can I ignore 1099s for non-U.S. residents/entities? We have brought on some service providers in India and the UK this past year.
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 between two locations...
Anonymous Member
Member's Profile
Fletcher Riehl
Title: Owner
Company: Consulting COO
LinkedIn Profile
(Owner at Consulting COO)
Does anyone use Excel on a Macbook Pro? I'm an old pro on PCs, but I'm tired of carrying around two computers or running Windows on my Mac. Has anyone had success building financial models on a Mac OS running Excel? Are there any great macros/custom shortcut setup that has worked...
Member's Profile
Sheldon Reynolds
Title: CFO
Company: Private
(CFO at Private)
Obviously the more advanced tools (like pivot tables and macros) are Excel only, but for basic spreadsheets, is Google on par with Excel?
Member's Profile
Jack Ormberget
Title: CFO
Company: Color Star Growers of Texas, Inc.
(CFO at Color Star Growers of Texas, Inc.)
Who pays business property tax on leased equipment? We are about to lease a piece of equipment for our manufacturing process.  It's an expensive machine and the lease extends to 36 mo's. As it is a lease, should we the Lessee be responsible for the BPP's to the County Tax...
Member's Profile
kimberly kelly
Title: Consultant
Company: Metis Partner Solutions LLC
(Consultant at Metis Partner Solutions LLC)
Hi...I have a client who has QB2009, supposedly with 2 licenses.  They'd like to get more, but can't add to 2009. Two questions for you power users out there: 1) Is there a limit to the number of computers you can install a single user license on (e.g. 5 different...
Anonymous Member
Member's Profile
Regis Quirin
Title: Director of Finance
Company: Gibney Anthony & Flaherty LLP
LinkedIn Profile
(Director of Finance at Gibney Anthony & Flaherty LLP)
I have been asked by a client to implement a credit card platform.  Can anyone suggest a system that they are happy with?  I would rather receive a referral than just go on-line and search through the thousands of services. My only requirements - high quality customer care, high...
Anonymous Member
Member's Profile
Greg Kading
Title: Principal
Company: Gregory Kading LLC
(Principal at Gregory Kading LLC)
I've seen recommendations to use the Class field on all transactions, but unsure how that would work with intercompany transactions and eliminations.  Does anyone have experience with subsidiary companies within QB with billing back and forth between the parent and the sub?/p>
Member's Profile
Paul Cunningham
Title: VP of Finance & CFO
Company:
(VP of Finance & CFO)
An LLC member that put cash into the company originally as debt is now going to convert the debt to member units. I need to prepare a white paper in the event the IRS shows up to prove there is no cancellation of debt tax effects for that member. I have prepared a valuation based on...
Member's Profile
Alan L
Title: developer
Company: n/a
(developer at n/a)
If you own an LLC taxed as an S-Corp the IRS requires that you pay yourself a 'reasonable' salary but they refuse to provide specific guidance beyond that. If you pay yourself too low of a salary (and receive a lot of income via dividends taxed at 15%) then they will demand that...
Member's Profile
Katherine Motlagh
Title: Vp Finance
Company:
(Vp Finance)
Hi, looking for some input from those of you who has gone through the change of auditors. Would be interested in feedback on reasons to change, RFI process, timing, selection criteria.
Member's Profile
Mark Perlin
Title: Business Consultant
Company: Self Employed
(Business Consultant at Self Employed)
I have a client with one employee - we are looking for a payroll processing company to pay the employee, pay the taxes and file all tax returns. Of course it has to be reasonably priced. The client is based in NYC.  I have looked at many companies and the most cost effective seem to...
Anonymous Member
Anonymous
(Principal)
It is great that our profession says we are not allowed to commit fraud. I was recently fired because I refused to fraudulently charge out a grant. I now have no references. I am forced to sue them and spend a significant amount of money to do so but I feel like the victim who has stolen...
Member's Profile
Sara Larsen
Title: Accountant
Company: BWS Inc
(Accountant at BWS Inc)
Hello everybody, Where can I find excel-based financial modeling templates? Thank you for your time! Sara
Anonymous Member
Anonymous
(Senior DIrector)
My company is looking at TM1 from IBM and comparing it to Essbase (which we have). What are some of the key advantages/disadvantages of the two products?
Anonymous Member
Anonymous
(VP, Finance)
We are going to evaluate all 3 options and would like to know what the relative plus/minuses are. 
Anonymous Member
Anonymous
(Controller)
My company has recently gone through a re-branding initiative for one of our divisions. We spent a lot of money on a new logo, slogan and various other design items. The benefit of all this money spent will be seen in 2014 and beyond. There's no benefit at all in 2013. Should this...
Member's Profile
Mark Dudley
Title: Controller
Company: SalonQuest LLC
(Controller at SalonQuest LLC)
I work for an LLC that is looking to make partnerhip distributions to it's members to cover their tax liability from the LLC's income (this is okay per the Operating Agreement).  How should this transaction be accounted for?  Out of equity or as an expense?
Anonymous Member
Member's Profile
Shannon Mathews
Title: Controller
Company: AKT LLP CPAs and Business Consultants
(Controller at AKT LLP CPAs and Business Consultants)
Background for my company: I am with a Professional Service firm and we have outgrown our time and billing software. As we started our search I've discovered most of the new PSA don't have AR/Invoicing therefore we will need to add all our billing mangers to the accounting program...
Member's Profile
Susan Wayland
Title: Chief Financial Officer and Director of ..
Company: San Francisco Day School
(Chief Financial Officer and Director of .. at San Francisco Day School)
We are a non profit higher education organization and I am looking for ideas to make the monthly board of trustees financial report narrative more readible and accessible to our trustees. Many are not financially savvy. If anyone has ideas or a website with some examples to send, it would...
Member's Profile
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
We all do reports with variance analysis. What do you find as the disadvantage of this type of financial analysis?
Member's Profile
HOWARD SCHWEDEL
Title: Executive & Business Coach, Career Trans..
Company: Howard B. Schwedel, MBA / Schwedel Busin..
(Executive & Business Coach, Career Trans.. at Howard B. Schwedel, MBA / Schwedel Busin..)
My client is retired and gets Railroad Retirement and a small pension from my father who passed away in 2003.  She has an Irrevocable Trust which holds her savings in an annuity from which she draws monthly income.  Do I need to file a separate federal and state tax return...
Anonymous Member
Anonymous
(Controller/Finance Manager)
Does accrual of partner's (LLC-member) min tax distributions (not guaranteed payments like salaries) make sense and is a better alternative in some specific cases to a common practice of recording distributions as it occurs? I.e. if partners received a distribution in January to pay...
Member's Profile
Event Questions
Title: Event Questions
Company: Proformative
(Event Questions at Proformative)
This question was asked by an attendee during the Proformative webinar "Leveraging Analytics to Manage the Cost of Credit and Debit Card Payments" held on February 7, 2013.  Please join the discussion and add your insights below. A video of the webinar can be viewed here:...