Accounting

Anonymous Member
Anonymous
(President)
I currently show a revenue line on my income statement line for "Vendor rebates." I see GAAP guidance that VENDORS should record rebates as a reduction in their sales prices...
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Alan Hart
Title: Consultant
Company: Pacific Shine Group
(Consultant at Pacific Shine Group)
Each year we conduct a survey to find out what matters most to CFOs. It’s interesting to learn both what they anticipate their top priorities to be as well as the challenges and...
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Andy Tan
Title: Supervisor
Company: AVS System Networks
(Supervisor at AVS System Networks)
In the company we are working now, it's required that Manager of each department has to set up annual targets/objectives for the department. It's quite easy for Sales or...
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Joanie Mann
Title: Principal Consultant
Company: Cooper Mann Consulting
LinkedIn Profile
(Principal Consultant at Cooper Mann Consulting)
Information privacy used to be a fairly simple thing.   Systems – what systems there were – weren’t so interconnected and information wasn’t so easy...
Anonymous Member
Anonymous
(Assistant Controller)
I've noticed more and more vendors who "require" that we pay them by credit card or ACH payment, in which we are required to give our bank account information for them to...
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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)
I am looking for some best practice information on the allocation of warehousing costs to COGS.  Right now we write off warehouse costs each month - we are a small manufacturer...
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Donald Cameron
Title: Treasurer
Company: Direct Auction Services
(Treasurer at Direct Auction Services)
We need to (want to) be able to perform analytical calculations within financial reports that are issued to management. (Ex. a columnar P&L showing three months side by side with...
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elizabeth kendall
Title: Manager, Inside Sales
Company: Anixter Power Solutions
(Manager, Inside Sales at Anixter Power Solutions)
I have a customer that is wanting me to bill them for material we have not shipped them yet because they want to get the invoice in this months budget. The last company I worked for...
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Marc Ostroff
Title: CFO
Company: Atomic Fiction
LinkedIn Profile
(CFO at Atomic Fiction)
I'm in the market for a new fixed assets management program. I inherited a BNA file which we transitioned to BNAWEB last year or so. The two big problems I have is that (a) the web...
Anonymous Member
Anonymous
(Controller)
We are considering automating A/P and would like to know how automating has improved efficiency -- if there have been issues -- or if there is a better program to use to automate.
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Stewart Linder
Title: Global Controller
Company: AxiomSL
(Global Controller at AxiomSL)
We use a three-part check. Two parts go to the vendor, check, one stub, and the second stub we keep. There is not a lot of information on the stub so during my career I have the...
Anonymous Member
Anonymous
(CFO)
We don't have that many invoice payments, but am looking at ways to shorten the AP process. Has anyone used Mineral Tree for AP automation? What has your experience been?
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Rima Raksanegara
Title: Management Consultant
Company: A.T. Kearney
(Management Consultant at A.T. Kearney)
For example, in a company comprising of many subsidiaries, should they centralize depreciation cost at parent? Thanks!
Anonymous Member
Anonymous
(Director of Finance)
When calculating normalized EBITDA for bank covenants or valuation, do you exclude FX gains or losses? Situation: US corporate sells in Mexico and Canada and sales and receivables are...
Anonymous Member
Anonymous
(Accounting Manager)
Some customer charges us some fees for errors in not following their business rules. Their fees are typically assessed per occurrence. We have been accounting these chargebacks as...
Anonymous Member
Anonymous
(Associate)
This one is for the CPA's out there. I've had a discussion with our CPA on whether our company is subject to UNICAP or not. We are a re-seller, and I know we have't had 10...
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Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
In the question "Do you make copies of vendor checks" https://www.proformative.com/questions/do-you-make-copies-vendor-checks-files#comment-30767 the community has chimed in...
Anonymous Member
Anonymous
(Senior Vice President Finance)
I am looking for a simple Rev Rec to assist our accounting team with their Rev Rec models. Our contracts are multi-element unit price contracts with variable # units and variable time...
Anonymous Member
Anonymous
(CFO)
We have grown considerably over the past couple of years, with continued growth projected (currently at $120MM/yr with the possibility of going to up to $200MM/yr over the next 3 years...
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Leen Li
Title: Director, Finance and Operations
Company: Influitive Corporation
(Director, Finance and Operations at Influitive Corporation)
I am doing CAC and LTV calculation and wonder whether I should include rent allocation to S&M as part of CAC. What is your practise? Thanks!