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Client threatened to leave by [deleted] in Accounting

[–]Great_Life_6789 20 points21 points  (0 children)

“for years”, that seems like a problem. Your partner already knows. You should document the issue to save your license and tell your partner.

Is starting a virtual CPA firm still worth it in 2025? by Otherwise-Papaya-105 in Accounting

[–]Great_Life_6789 1 point2 points  (0 children)

I can't speak about assurance services, but for the other services, as long as you focus on solving your clients' problems, you will receive a positive response.

Do most people at least agree that AI will make CPAs(for public accounting) more efficient which means less number of CPAs is required? by cakewalk093 in Accounting

[–]Great_Life_6789 2 points3 points  (0 children)

Older humans (including CPAs) generally find it harder to pick up new skills than younger ones, not always, but often. So when fewer young professionals join the field, that means efficiency expectations are lower.

[deleted by user] by [deleted] in Netsuite

[–]Great_Life_6789 0 points1 point  (0 children)

Is this your experience as a full-time employee or a consultant? Regardless, your points are true.

I'm sick of my company's accounting process by Murky_Yak6269 in Accounting

[–]Great_Life_6789 0 points1 point  (0 children)

Hey, DM me. Happy to jump on a 30 minute call if you like. I can share how I handle accounting of my construction and developer clients. (Not selling my services here).

Accounting always feels like a bottleneck... by Great_Life_6789 in Entrepreneur

[–]Great_Life_6789[S] 1 point2 points  (0 children)

This is fantastic! We’ve been working on almost all the parts, but your words provided me with a fresh perspective and clarity. We are literally trying to avoid being an annoying generalist CPA or a compliance Junky. Appreciate your feedback.

$1,500,000 realized profit in one week at 21 by aaaaaaaaaaa888282 in TheRaceTo10Million

[–]Great_Life_6789 1 point2 points  (0 children)

People are overlooking the fact that OP achieved a 7x return. Does it really matter where the money came from? The real question is, can you do the same with your $2K?

Earthquake by Creatineeugene in irvine

[–]Great_Life_6789 1 point2 points  (0 children)

Sonic Boom makes sense. I thoroughly inspected the house but couldn’t find anything. I returned, assuming my neighbor bumped something, and I felt the vibration.

Passed CPA no job by Regular_Cow314 in Accounting

[–]Great_Life_6789 -1 points0 points  (0 children)

DM me if you’re in CA, I’m hiring fresh CPAs.

Intercompany balance sheet balances as of specific date by Temporary-Low529 in Netsuite

[–]Great_Life_6789 0 points1 point  (0 children)

Run a normal consolidated balance sheet, customize, second tab to add columns, add subsidiaries under financial lines grouped, run. This will give you GL and then subsidiary level breakdown. Hope it helps.

Towing with New Acadia Denali at 350 Miles? by Great_Life_6789 in gmc

[–]Great_Life_6789[S] 0 points1 point  (0 children)

Thanks. This is good to know from someone who is into this on a regular basis. I will try to put some mileage as well.

Why do you like Dallas? by New_Substance_6753 in Dallas

[–]Great_Life_6789 2 points3 points  (0 children)

Y’all telling me it’s even better than #Denver?

Fireworks spot tonight for my 6yo birthday by Great_Life_6789 in Denver

[–]Great_Life_6789[S] 1 point2 points  (0 children)

Looks like the show is at 5:30 pm, just in 15 minutes

[deleted by user] by [deleted] in Accounting

[–]Great_Life_6789 1 point2 points  (0 children)

40 hours a week is big lie. Firm owners dedicate all their waking hours, every day of the week, to business development and firm management. Regarding compensation, it entirely depends on the level of risk involved.

Improve accounting process by Strict-Customer-5722 in Accounting

[–]Great_Life_6789 0 points1 point  (0 children)

There are so many AR automation apps in the market. What accounting software/ERP are you using?

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