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All Corporate Finance, Accounting & Other Topics On Proformative

Anonymous Member
Anonymous
(Controller) I am the controller of a restaurant group and one of the new restaurants requires quarterly reporting. Our bookkeeping firm uses QB, however, they are telling me this isn't possible which i find hard to believe as there are public restaurant groups. I did some research...
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.
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Erica Becker
Title: Office Administrator
Company: Orion Consult Group
(Office Administrator at Orion Consult Group) In QBO we have two checking accounts (two separate businesses). Sometimes money is transferred from one account to another that needs to be categorized so it will hit a certain liability or expense. However, because QBO is only a double entry accounting system, it won't let...
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Howard Smolin
Title: Accountant
Company: HJS & ASSOC
(Accountant at HJS & ASSOC) The home of a decedent became an asset of his estate upon his death. His three children are fiduciaries of the estate. If the estate sells the home, does the cost of the home receive a stepped up basis or is the original basis carried over to the estate when the estate was...
Jim McCloskey
Title: Managing Partner
Company: Catapult CFO Partners
(Managing Partner at Catapult CFO Partners) I see many startups using QuickBooks and QuickBooks Pro vs Premier accounting systems.  The problems with these accounting systems is that they do not have an audit trail.  Historical changes can be made in any month, so a simple review of adjsuting entries is...
Anonymous Member
Anonymous
(CEO) Hi there, I am looking for accounting software for landlords as I don't feel the usual suspects like Xero / Sage work. I have seen this company www.usehammock.com and it seems really good! Has anyone had any experience with them?
Anonymous Member
Anonymous
(Controller) I've been using Quickbooks Enterprise for many years, but a few years ago I started using Connectwise as my main program for customer management, invoicing, and inventory management. Quickbooks is relegated to expense management and financial reporting. Connectwise batches...
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Cassie Rottink
Title: Project Manager
Company: Big Imprint
(Project Manager at Big Imprint)
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Alexis Garland
Title: Owner
Company: AMG Business Resources
(Owner at AMG Business Resources) I am looking into starting a business/management consulting business. I currently have an MBA and would like to go into business for myself. I wanted to start a bookkeeping firm, but was advised to think bigger. Any advice for a beginner on how to get this off the ground...
Anonymous Member
Anonymous
(CEO) Hi there, I am looking for accounting software for landlords as I don't feel the usual suspects like Xero / Sage work. I have seen this company www.usehammock.com and it seems really good! Has anyone had any experience with them?
Member's Profile
Sam Mckay
Title: Owner
Company: Enterprise DNA
(Owner at Enterprise DNA) Discover how to seamlessly connect your Power BI reports or Power BI model to your Xero data. Level up your Reports with Data Nucleus. https://datanucleus.co/ Learn more here > https://www.youtube.com/watch?v=6aQO9ERPJD8&feature=youtu.be #XeroData #AccountingReport...
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Shvan Sabir
Title: Operations Officer
Company: Arminas
(Operations Officer at Arminas) Hello everyone, How could an item from stock that will be used for display in the showroom be entered? The item is not going to be soldable again. Under which account should this appear? A friend suggested that we create an invoice for that item with price value of zero to...
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Mark John
Title: External Reporting
Company: AYZ
(External Reporting at AYZ) Company A was offered free advertising at no cost. Services are non-transferable. All advertising must be co-branded and approved by Company B. How do you recognize the free advertising received in Company A's books?
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H Mayo
Title: CFO
Company: TPG
(CFO at TPG) Trying not to have to re-invent the wheel. Request pertains to RE Mgmt industry but any help would be appreciated
Paul Shapiro
Title: Startup CFO Consultant
Company: Paul G. Shapiro, CPA
(Startup CFO Consultant at Paul G. Shapiro, CPA) My company sells internet bandwidth and storage for rich media companies, on a recurring revenue model.  There are many exceptions to our standard deal and a lot of unusual billing requirements.  We are currently using Excel to track our contracts and sales...
Anonymous Member
Anonymous
(Head of Finance) We have what in practice is a loan, but the agreement is structured such that the company providing us funding owns our inventory and we are authorized to sell it. Its not a lein, they own the product. As we pay back with interest we're essentially buying back our inventory...
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jain saniya
Title: Business Analyst
Company: codegnan IT Solutions
(Business Analyst at codegnan IT Solutions) I have three data frame. here is my code and i am getting value error. raise ValueError("Can only compare identically-labeled Series objects") ValueError: Can only compare identically-labeled Series objects. here is my code. df1 df2 df3 for i in df1: # for i...
Anonymous Member
Anonymous
(Accounts Assistant) I have an amount of £156,400 that will be divided by 12 payments. When £156,400 is divided by 12 it comes out at £13,033.33recurring. But when you times this by 12 it comes out at £156,399.99recurring. So is it legal to bill 11 payments at £13,033.33 and the last payment at...
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Ashan Rashmindra
Title: assistant accountant
Company: Ashan
(assistant accountant at Ashan) sir, if supplier agreed to get his settlement by taking our shares( fixed number of shares) in 3 months time base on a market price at a future date(variable). is this an equity settled share base payment or financial liability?
Anonymous Member
Anonymous
(Controller) Hello Everyone, I have a problem I've been trying to figure out for a week now; i'm sure there is an easy answer but i just can't see it. Background:We a small company that keeps financials in the accrual method. But for our tax return, we file on the cash basis. Problem:I...