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Recent Activity
Paula Sweis
(Founder at SILVERWEISS International)
Hello!
Could someone please tell me. What are typical success fee's broker-dealers charge when raising capital for a fund? ex: equity, real estate, private placement, etc.
Appreciate your help!
Thanks,
Paula
http://linkedin.com/in/paulasweis 
Jake Buto
(Product Manager at Rapidly)
Hello,
*I apologize if this is against forums rules, I have nothing to sell just looking to gather feedback*
I am with an early stage software startup that is interested in building a CRM/Workflow management software. We are interested in gathering some feedback from...
Anonymous
(Freelancer)
I'm not sure how to explain this, so I'll try my best.
I'm self-employed.
I do freelance work for a website.
I don't know how to pay myself though.
I mean I don't know how to make the journal entries for my accounting books.
So far my books just look like a fancy checkbook...
Anonymous
(Global Accounting Manager)
Hi all,
We currenlty use Oanda, FX currency converter API for our month end close. We are running into some issues with the rates provided by Oanda. The rates provided for a few currencies were not correct for last month. Anyone else is experiencing rate issues provided by...
Brenda Sikkema
(Director of Finance at Skybeck Construction)
My boss is a chairman of a non-profit here in Austin, TX. It's called EO Austin, and it's a membership organization for entrepreneurs. He is wondering if the financials need to be audited yearly because they are a non-profit? Or can they be reviewed or just done in house...
Anonymous
(Accounting Manager)
One of our Independent Contractor sent us a W9 with a new EIN#. Should I process two 1099 forms this year, one with the old number and another with new number? or Should I issue their 2020 1099 using their new#?
V TEK
(International controller at None)
Hi all
How the capital movement should take place between branch and the parent entity? Here I am referring to best practices when it comes to excess cash blocked in the branch?
Thanks
Anonymous
(Accounting Manager)
Along with that question, what size is your company?
Have you changed HR software as your organization has grown? If so, what benchmark did you use to know the time to change was coming?
Howard Smolin
(Accountant at HJS & ASSOC)
Revised form 941-Employee Retention Credit
My client has a restaurant/Deli which operated during Q3 2020 under a 50% occupancy order mandated by the State Government. Does this qualify as a partial suspension of operations and therefore eligible for the employee retention...
Anonymous
(CONTROLLER)
Hello,
I was wondering if I can seek some guidance from more experienced accountant here. So We have calculated that our revenue for Sept is around 500k. However, on 10/14, a customer disputed all of their invoices through their bank (credit card issuer) - around 45k....
Aftab Ali
(Manager Finance at Confidential)
I have a scenario in which the company A is selling its spare parts inventory on the value that is in the books to company B. Company B will maintain the inventory and after 5 year Company A will buy back the remaining inventory. The price of inventory will increase by 10...
Anonymous
(Member)
I have a client who is converting his LLC in to a C Corp by checking the box for tax purposes only. New share holders will be foreign corporation . If the company does not have any dividends in the current year will the foreign shareholder need to file an 1120f?
They are...
fpa girl
(analyst at cva)
On my company's income statement I see this (I am making up numbers):
bad debt expense is $900 out of which $600 is due to covid impact.
YTD writeoffs is $150.
Provision YTD on BS is $1500 and provision on 12/31 is $700.
Here is what I understand /don't understand from this...
Anonymous
(Owner/Small Business Accountant)
One of my clients is providing a small amount of free labor for one of their customers. They are recording a liability for the portion of the labor promised, but not yet delivered to the customer, with a corresponding expense. What should the entry be when that labor is...
jake lenshaw
(Manager at N/A)
hey guys i'm looking for the best way to handle some more complex account tasks that are not my specialty. Can anyone recommend a good solution. I was looking into theaccountinganalyst.com has anyone used them before or have any other ideas?
Anonymous
(Manager of Accounting)
We have an international subsidiary with a cost plus agreement. The subsidiary does not generate any revenue and is established only to handle the wages and employee benefits of our international employees in that country. We have a cost plus agreement between our US parent...
Anonymous
(Accountant)
Our company is in a state that has sales tax, while we often make sales to customers in states that don't have it. If someone were to place an order in a state that doesn't have sales tax, but drive to our location to pick it up - should they be charged sales tax?
Zach Kusick
(Financial Accountant Senior at Clovis Oncology)
I am trying to research/find different options for specific trainings on Netsuite. I have only really found companies that do 1-on-1 consultations rather than just a training library. I have looked within Netsuite itself, but wanted to see if there are other options...
Anonymous
(Accountant)
I am trying to wrap my head around the reasoning why our controller posted our insurance in this manner (she retired and I am picking up the pieces). Example: Our liability policy runs January-December Annual premium is $12,000. However, we pay $1000 every month for 12...
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... - 1 of 420
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