FP&A


  • Classification of Ecommerce fees on Income Stmt

    One of my companies sells consumer product directly to consumers over the internet. The company uses Shopify, an ecomm platform, which is connected to Stripe, a credit card payment gateway/processor. Stripe is the merchant of record as they are doing the fraud check, authorizing the credit card, ...

  • Equity for non-founder startup CEO with NO salary with NO funding yet and with an MVP?

    This is an enterprise SaaS product and has two tech co-founders who have been working on their prototype for the past six months. They have also invested a few thousands in hiring freelancers to expedite the development. The product MVP is now ready and I am being roped in as the business face of...

  • If EU Can Squeeze $14.5B from Apple...

    In case you missed it, the EU is insisting Ireland reclaim billions in past taxes rom Apple (http://www.wsj.com/articles/eus-tax-decision-invites-more-scrutiny-of-apple-1472676741). Apple doesn't want to pay, and Ireland doesn't want to insist; but the EU does. Assuming this stands, I fear it wil...

  • Invoicing before goods received

    I read many posts on this matter, but I am still not 100% sure who is in the wrong. I am a engineering supplier to a client, they take 3 days to process invoices. I have a 30 day account with them, which basically means the first day of the second month after invoice received. I have a supplier t...

  • What is better for profitability? Offering a discount i.e. price reduction or offering free goods [of discount value] instead. Your help is much appreciated.

    I was thinking what is better for profitability? Offering a discount i.e. price reduction or offering free goods [of discount value] instead. Your help is much appreciated. Kind regards Ankur

  • Financial Planning & Analysis Position

    We are looking to add a new position, Financial Planning & Analysis, to the team. Should this person report to the Controller or CFO? There are currently nine people in the department. Thanks, Stewart

  • Submitting a boarding pass on an expense report

    We are thinking of asking all employees to submit their boarding pass as part of their expense reimbursement backup. Is this something that should be implemented as another control or is it too much to ask of our travelers? Thanks, Stewart

  • Your Plans If Yellen Raises Rates In Q3

    The news today is filled with opinion pieces on Yellen's speech (e.g. http://money.cnn.com/2016/08/26/news/economy/janet-yellen-federal-reserve-jackson-hole/). Opinion aside, what plans, if any is anyone else making? We're concerned about growth projections, but at the same time feel reasonably c...

  • Entering China market through HK entity

    Proformative users with Chinese market experience....... The company I am helping is entering the Chinese market and thinking about establishing a HK company or JV to do it. Any feedback, concerns and bits of advice (general or specific) would be appreciated. So as not to publicly disclose the co...

  • Compliance and SSAE 16

    Recently the role of Compliance has been added to my list of responsibilities. I am in the Healthcare Industry on the service side. I need to perform a GAP analysis to see what areas need to be addressed first. I will also be responsible for getting our organization prepared for an SSAE 16. With ...

  • How to consider an annual fee on the budget?

    Should an annual fee that is normally paid in full mid year (June) be divided into 12 ($300/month) to recognize expense monthly for budget purpose?

  • Reports for Real Estate Investors

    If you're an investor in multi-family housing and aren't involved in the day-to-day operations of the properties, what information would you want to be supplied? How often would you want to receive the reports? Vacancy percentage is a big one, but what other information would be valuable to you a...

  • Who can be involved with raising equity capital for an acquisition?

    A small private company with whom I'll be consulting wants me to help them attract equity and debt financing to fund an acquisition. How can I help them to attract equity financing without violating securities laws? I've heard that it's possible for me to participate in raising equity financing i...

  • Short Term vs Long Term Debt

    We are a privately held company whose bank requires audits and whose finanacial statements are primarily for the bank. We have several loans with our bank that we have just refinanced. We have prescribed payments per the loan agreements. We are currently paying more than these payments as we have...

  • Time spent forecasting

    At a webinar that I gave yesterday called "Excel Techniques for Forecasting," one of the attendees asked me: "How much time per month does an average small to mid-size company spend on forecasting and budget to actual reporting?" Would love your feedback.

  • Transparency

    How many companies/CEOs have the guts to have this kind of thinking and establish this kind of culture..... Focus on the video of Jet.com CEO Marc Lore and the types/kind of transparency he cultivated. remember, that Jet.com was founded 2014, that is $3B in 2 years. By differing degrees, a lot of...

  • ‘Shareholder Value’ for Private Companies

    Gregory V. Milano, the co-founder and chief executive officer of Fortuna Advisors LLC, a value-based strategic advisory firm provides what is to me a very balanced look at Shareholder Value. http://ww2.cfo.com/growth-strategies/2016/08/shareholder-value-private-companies/ How well do you think he...

  • Does it make sense when D&B asks for you to pay to correct an error in their records?

    I have heard of paying to expedite certain activities, i.e. obtaining a D&B number; but not to correct an error.  Does anyone have a similar experience?   span.post-date {display:none;}

  • Employee Stock Option Valuations

    Hi, Is there any real logic for a private company to price it's emloyee options above the 409A valuation price? It seems like that simply takes incentive/value from employees, and I'm not sure how much it actually transfers in the event of an exit as I assume receipts of exercise options would be...

  • How do I record expenses more quickly?

    My small business (7mm revenue) has a problem with not receiving bills from our vendors for 30 - 45 days after the cost has been incurred. This wreaks havoc with my budget tracking, cash flow estimating, and internal reporting because I am not certain I have recorded all expenses until 30+ days a...

  • Capitalizing Investment in E-Commerce and Website Development

    Hi, Our Marketing manager just brought up the fact that we are looking to redevelop our current website and expand it into an e-commerce suite for our customers. We are a retail supermarket. My question is how much of this work would pertain to a Capital Expense? And how much should be written of...

  • Excel Skills Test With Excel Interview Questions Needed

    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 manager assess Excel and data...

  • Looking for insights on financial/operational dashboard KPI's for a site acquisition services business

    I'm looking for suggestions, ideas or even examples of key metrics to monitor/dashboard for a site acquisition services business. Labor intensive. Visibility into utilization is short term in nature. Services include lease analysis, zoning, permitting, construction drawings and related services f...

  • UK Vat on sales invoices - future dated

    Hi We issue sales invoices for annual software support and issue them about 45 days in advance of the renewal date. Can we issue them with an invoice date of the renewal date (ie post-dated) rather than issue date? So for example, sales invoice produced and issued to customer today 18th July but ...

  • Accounting for royalty financing

    My company is considering obtaining royalty base financing to raise capital. This type of funding is not debt financing nor equity financing as there is no dilution of equity. The lender will give us money in tranches & in return receive a percentage of revenue. The amount they receive will b...