Working with either Google’s spreadsheets or an MS Office’s Excel is a part of every single accountant’s daily working routine. Sorting and ranking the endless rows of data and digits there is another one. Many users often resort to simply sorting data in ascending or descending order. I’ll provide you all fellows with an alternative…
Month: November 2016
Checking the Check Images
Just the other day, when I was compiling my new bookkeeping research project, I bumped into an unexpected issue with it. All the work has been halted because of the fact that I didn’t have the information on checks written, as the client’s bank statements do not include check images. That was true for either…
R&Ds & Startups: Tax Deductions
If you run a startup company these days and your yearly gross receipts account for less than $5 million now, then you have a pretty much fairytale-like option of asking the federal government for up to $250,000 in your R&D credits. This smart move will offset against your payroll tax liability rate. Already, this year…
What Do Accounting and Baseball Have in Common?
Just recently I was watching how the Auckland was trashing the New York Yankees (never ever) and I figured out, that actually when it comes to comparing major league sports and its stats-driven decisions and the accounting, the similarities are uncanny. Major sports leagues face shorter succession planning cycles and most of their hiring moves…
Tips for Small Business Accounting All Year Round
When you are busy making sure that your company is doing well, modernizing your finance operations can seem like an excessive, unnecessary and not a priority-grade task. But believe our accounting experience here, the benefits of overhauling your business’ accounting system can save you tons of time and… money! Most SMB companies initially headquarter their…
The Non-GAAP Reporting Time
We’ve been warned about the downsides of non-GPA fiscal reporting numerous times this year… The most recent outcry came last Monday from IASB chair John Uoogervorst, who was ranting about “increasingly misleading” non-GAAP measures at the annual conference of the European Accounting Association. He basically simply mirrored similar comments spoken recently by the SEC chair…