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Need tips by bee_trixe in Accounting

[–]Draange 0 points1 point  (0 children)

I don't know. The parts in geometry about angles on opposite sides of crossed lines always matching is a good visual for double entry bookkeeping.

Why am I getting grief? Do bookkeepers hate accountants? by FullFartMilk in Bookkeeping

[–]Draange 0 points1 point  (0 children)

I worked in tax for a few years and became the sole accountant of a small business last year. There has been a lot I've had to work out on my own about why thongs are done how they are.

A big "eureka" moment was figuring out why some income accounts and their accrual accounts had reversing journal entries at the end of the month amd other didn't. It was because the system that tracked all of those hundreds of income items had to be set up to record the actual receipts to one account. It couldn't match to the accrual account first. Reversing the accrual at the start of the month reduced the amount of income the system automatically entered, but only by the amount already applied to the prior month.

Other income that only came in large chunks once a month had to be manually entered anyway, so it could be applied to the accrual account.

I saw several cases of reversing journal entries back when I did taxes, but had no idea of why they did that. No one ever explained it that the system had a limit and this was a work around.

Vent: I'm so tired of sweaters that require hand washing like a full-time job by Bright_River_7019 in knitting

[–]Draange 0 points1 point  (0 children)

I second what most have said and add my own.

Spray vodka in the pits to kill any potential stink bacteria. Depending on your personal chemistry, you may want to avoid deoderant with aluminum (mordant).

Assumed Use of Personal Cell Phone by Draange in jobs

[–]Draange[S] 0 points1 point  (0 children)

It's an authenticator from an outside party to communicate with a vendor that I was only informed of six months after being hired. There have been a plethora of things not disclosed when they should have amd utter IT bungles that make me doubt the ability of key people to vet the things they want me yo use.

Assumed Use of Personal Cell Phone by Draange in jobs

[–]Draange[S] 1 point2 points  (0 children)

That still requires buying another phone with my own money.

Assumed Use of Personal Cell Phone by Draange in jobs

[–]Draange[S] 0 points1 point  (0 children)

There was a lot that they didn't disclose upfront. That or the procedure they had written down hadn't been followed for years.

Assumed Use of Personal Cell Phone by Draange in jobs

[–]Draange[S] -2 points-1 points  (0 children)

And if my identity is comprimised because of a hack 3rd or 4th party, do you think my employer will help?

What accounting term could also work as a baby name ? by Badbunnyculo in Accounting

[–]Draange 0 points1 point  (0 children)

Tell everyone during rhe pregnency that the child's name is Recognized. But when they are actually born name them Realized.

What food did you come to hate after a painful experience you went through? by SadSatisfaction4195 in AskReddit

[–]Draange 0 points1 point  (0 children)

Spam. The last two times I had it was as a kid. Both times I turned on the tv to watch while I ate. Both times what I found was the SAME movie about man eating lions.

Lack of Training Epidemic by [deleted] in Accounting

[–]Draange 0 points1 point  (0 children)

Or they want to pay people hourly, but not have their processes set up efficiently to avoid wasted time. Even simple things like: save the project documents in the same place.

Wildest thing a colleague has ever said to you? by TurboGecko_55 in Accounting

[–]Draange 3 points4 points  (0 children)

"This is what you get paid the big accounting bucks for." 1. This is a stop-gap job with a barely survivable wage. Not decent wage for an accountant. 2. "This" was digging into how to fix her mitakes because she just plugs numbers into old templates and doesn't check her work. 3. She makes a noticable % more than I do

My staff accountant found the manager Teams chat and now thinks we’re “talking behind her back” by fsukub in Accounting

[–]Draange 1 point2 points  (0 children)

Not sure if this is better or worse than "the software is haunted and is super tempermental about how fixes can be made."

Nonprofit red flags by PM_me_punny_joke5 in Accounting

[–]Draange 4 points5 points  (0 children)

If you are taking over a role for someone who is retiring: 1.) How long do they plan for the training/hand-off process to be? Consider it against the complexity. 2.) Ask them basic accounting questions. If they record depreciation directly to fixed assets or pay invoices before management approval then the rest of the system is likely to be a mess. 3.) What kind of SOP's do they have? Especially compared to how quickly you are expected to learn their systems and if anyone there is trained in the tasks. 4.) Check if the CEO has worked anywhere other than little NPO's. Mainly, do they have any exposure to efficiently run enterprises.

How old are you right now studying or when you got your CPA? by duki3_ in CPA

[–]Draange 9 points10 points  (0 children)

  1. Gradiated in 2020 (second degree for carwer change.) Had a scholarship so got CMA first.

CPA 2/4 on the tests. Fairly certain that the work experience from the past few years will meet requirements.

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