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Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com) I'm interested more in the asking points than the legalese. For example, a bonus structure based on what KPI's (and breakdown if multiple) or Stock Grants/Options, etc. Lastly, a range for the ask, if possible based on company size and which C-position (lets say CEO, COO,...
Anonymous Member
Anonymous
(Vice President) We have a fleet vehicle leasing agreement with a TRAC (terminal rental adjustment clause), whereby at the end of the lease, the leased vehicle is sold. An expected residual value is stipulated at the beginning of the lease term. If the vehicle sells for less, we make up the...
Anonymous Member
Anonymous
(Director of Finance and Operations) Proformative, A customer of ours has accrued Unbilled Receivables for work performed. I've been properly recognizing the Unbilled Receivables by: Debiting Unbilled Receivables Crediting Accrued Revenue However, I am ready to invoice the Customer (using Quickbooks). I would...
Member's Profile
Carter O'Brien
Title: Controller
Company: Private
(Controller at Private) Just the basics of the company's systems, or should they know it thoroughly in-and-out?
Anonymous Member
Anonymous
(Principal) I have read $5k for a 409A valuation report with upwards of $30k...sub $20 million dollar SaaS company what can I expect to pay for a 409A valuation? Thanks
Bob Stenz
Title: Controller
Company: Silicon Valley start-up
(Controller at Silicon Valley start-up) If an employee terminates at the end of the month, do you include the employee in the headcount for the month or as a termination for the month? Thanks!
Anonymous Member
Anonymous
(Vice President of Finance) We just raised $525K using a SAFE agreement and I am wondering how it should show on the Cap Table since we cannot calc the number of shares. For the momemt I just put the amount under Investment. The current Cap Table is the following: Type...
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com) "David Knopf, 29, will assume the role Oct. 1, the company said today (Sept. 8), making him the youngest CFO to lead one of the US’s largest companies. (The next youngest, at 27, is Andrew Power of Digital Realty, according to research from Crist Kolder, an executive search...
Robert Kugel
Title: Senior Vice President
Company: Ventana Research
(Senior Vice President at Ventana Research) Using information technology to make data useful is as old as the Information Age. The difference today is that the volume and variety of  available data has grown enormously. Big data gets almost all of the attention, but there’s also cryptic data. Using...
Joanie Mann
Title: Principal Consultant
Company: Cooper Mann Consulting
LinkedIn Profile
(Principal Consultant at Cooper Mann Consulting) Intuit, the maker of QuickBooks small business accounting software (among other things), is discontinuing service for the REST API and the Sync Manager on March 1, 2016 [1].  Developers with applications which integrate with the desktop editions of QuickBooks using...
Jenny Okonkwo
Title: President and Founder
Company: Transform Consulting
LinkedIn Profile
(President and Founder at Transform Consulting) As a Process Improvement Specialist continuously project managing new initiatives, I've observed that coaching skills that form a winning hockey team aren’t so very different from those needed to create a functional project organization. In fact delivering on-time...
Robert Kugel
Title: Senior Vice President
Company: Ventana Research
(Senior Vice President at Ventana Research) The ERP market is set to undergo a significant transformation over the next five years. At the heart of this transformation is the decade-long evolution of a set of technologies that are enabling a major shift in the design of ERP systems – the most significant change...
Robert Kugel
Title: Senior Vice President
Company: Ventana Research
(Senior Vice President at Ventana Research) The enterprise resource planning (ERP) system is a pillar of nearly every company’s record-keeping and management of business processes. It is essential to the smooth functioning of the accounting and finance functions. The enterprise resource planning (ERP) system is...
Joanie Mann
Title: Principal Consultant
Company: Cooper Mann Consulting
LinkedIn Profile
(Principal Consultant at Cooper Mann Consulting) Mobile Device Security is a Moving Target As businesses mobilize their workforces and processes the volume and variety of sensitive data passing through and sitting on mobile devices increases dramatically.  Even though the business owner or IT manager may recognize...
Member's Profile
Anon Anon
Title: Trsry
Company: Anon
(Trsry at Anon) What are the rules regarding intercompany loans between U.S. entities (U.S. parent to U.S. sub)? I want to set up physical cash pooling in the U.S. between U.S. entities and am thinking about... - Do I technically nees to track loans between U.S. entities? If so, why?...
Margaret Carey (ACMA)
Title: Business Development
Company: Raida solutions
LinkedIn Profile
(Business Development at Raida solutions) The asset is IP. If option period is 10 years and transaction is capitalised, the entry will be dr. Asset, cr. Equity for each of the 10 years. If this us the case how would Amortisation work? Thanks, Margaret
Member's Profile
Ron Rochester
Title: Accounting Manager
Company: Trevian Soccer Club
(Accounting Manager at Trevian Soccer Club) A customer caused damage to my work facility and we received a settlement check from his insurance company. We haven't paid for repairs yet....what accounting entries should be done for this non-recurring incident?
Anonymous Member
Anonymous
(Senior Manager) I am planning to upgrade my accounting software to Quickbooks to be able to perform consolidation of various entities, accommodate intercompany transactions and have granularity in reporting. Should I upgrade or buy Quickbooks Enterprise licenses or can I but Quickbooks Pro...
Jessica Bozzo
Title: Content Project Manager-Finance
Company: Argyle Executive Forum
(Content Project Manager-Finance at Argyle Executive Forum) Hi Proformative Community, Please participate in the quarterly CFO Global Business Outlook Survey, the world's longest-running and most comprehensive research on finance executives’ economic and business optimism, conducted in collaboration with Duke...
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com) In the last several weeks I've received several with e-mails and phone calls from different companies trying to sell me their wares. What I don't understand is why I or for that matter anyone else would buy from a company and/or their sales representative that starts a...