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Member's Profile
John Calabrese
Title: Principal
Company: Computers in Accountinng
(Principal at Computers in Accountinng)
Looking for a software product that can track revenue recognition. Simply all our transactions are web based and paid by credit card and is monthly or a yearly payment upfront so need to record revenue based on an annual or monthly subscription...very simple transaction......
Member's Profile
Shanky P
Title: Intern
Company: GWU
(Intern at GWU)
Hi, I am trying to figure out a way to allocate employee related development expense to each of the software product that my company produces. I would like to know what's the best possible way to do so? I know the software development team uses Jira to track the projects....
Member's Profile
Shanky P
Title: Intern
Company: GWU
(Intern at GWU)
Hi, I would like to know if SaaS based companies have PnL statement for each of their software product. If they do have a Product PnL where can I find a samlple templates for the same. I am trying to figure out low margin products of my company. Is there a standardized...
Anonymous Member
Anonymous

Besides your own personal network, what is the best way to get investors for a startup?
Member's Profile
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
An article on the FEI website states: "Issued on January 26, 2017, Accounting Standards Update No. 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment, requires entities to measure a goodwill impairment loss as the excess of a...
Member's Profile
Ernie Humphrey CTP
Title: Executive Director
Company: The CFO Alliance
LinkedIn Profile
(Executive Director at The CFO Alliance)
I wanted to share my thoughts around inviting people to be LinkedIn connections, receiving requests, and the consequences of accepting them. LinkedIn requests and connections fall into the category of good, bad, and downright ugly. First and foremost when I make a...
Member's Profile
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
For what it is worth, another salary guide. http://experts.randstadusa.com/finance-accounting-salary-guide
Member's Profile
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
The Financial Accounting Standards Board has released a new accounting standards update clarifying some aspects of its revenue recognition standard. http://www.accountingtoday.com/news/fasb-updates-standard-on-gains-and-losses-from-derecognizing-nonfinancial-assets The...
Member's Profile
BJ Zeyer
Title: Accountant
Company: Nickel & Suede
(Accountant at Nickel & Suede)
We offer free shipping to customer for purchase over $50. In accounting for this, I'm currently using a Sales Discount (contra-revenue) account for my debit and Shipping Revenue (revenue) account for my credit. These both aggregate to zero for the net sales figure....
Anonymous Member
Anonymous
(Senior Manager)
How do you clear intercompany receivables by a subsidiary to its parent without actual settlement? These are receivables related to expenses paid by a subsidiary on behalf of the parent
Anonymous Member
Anonymous
(VP, Finance)
We are a small but growing medical device company of 40 folks around the country and provide stock option grants to all employees (from VPs to assemblers). We are trying to institute a more formal process to determining how much to grant new employees. I was thinking that I...
Anonymous Member
Anonymous
(Finance and Human Resources Manager)
Hi, we are a smaller company (35 employee) and have been using SMART goals for some operational positions for several years. The process seems to be getting a bit stale. For example, our Customer Service Dept basically uses each others goals in different years. What other...
Member's Profile
Christine Lara
Title: Accounting Manager
Company: CircleCI
LinkedIn Profile
(Accounting Manager at CircleCI)
Our current system is good ol' Excel. We are currently on Xero, but we've definitely outgrown the software. However, ERP isn't in the Finance roadmap until Q3 of this year. I'm looking for a Software that can help manage our recurring revenue/saas contracts and sync with an...
Anonymous Member
Anonymous
(Controller)
Currently I am a Controller at a smaller company. I came to the company with bigger company experience and have been here only 1.5 years. I have been taking on more tasks that are beyond the Controller scope such as being on the senior leadership team, helping with company...
Anonymous Member
Anonymous
(Accounting Manager)
Hi, My company sells martial arts equipment and sometimes the sales take place at martial arts events/tournaments when we make a contract with the event host. And for some events, we let this photographer do his business in a designated space (selling photography service to...
Anonymous Member
Anonymous
(Finance)
For Example a Vendor gave us a $500K credit to an item that normally is a component of our COGS. We receive a statement each month from the company showing the amount of the credit we have used. Seems that I would still record this item as a COGSs sold (debit) and the...
Member's Profile
Mitchell Locklear, CSCP
Title: Director of Finance and Administration
Company: Beckett Air
(Director of Finance and Administration at Beckett Air)
I just started at this privately held company. They have begun accruing for a trade show in November (so over 10 months). I have always (at a publicly traded company) booked the liability in the month of the event - i.e. November. Any insight?
Member's Profile
Sahra Bayramoglu
Title: Accountant
Company: Trustone
(Accountant at Trustone)
Anonymous Member
Anonymous
(Accounting Manager)
Hi there, I work for a Saas company and our finance team is lean (myself and controller). We have our customers agree to Net 30 Terms on our contracts when they buy our software licenses. However, I receive email from the customer stating they have Net 60 terms. This is...
Member's Profile
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
"A federal appeals court threw into disarray a pillar of the Securities and Exchange Commission’s enforcement strategy, saying it would take a new look at the legitimacy of the agency’s in-house court system." About time or a mistake on the Federal Appeals Court? What do...