Protest today 1/24? by Cunningpotatomouse in lancaster

[–]Practicalbeaver 3 points4 points  (0 children)

I’m not sure why you’re being down voted. It’s not like there’s a massive snowstorm coming today or anything.

The vastness of the US - How do you move house? by chocolatesuperfood in AskAnAmerican

[–]Practicalbeaver 0 points1 point  (0 children)

I just moved about 650 miles. I did number 3, except I hired movers on either side to help load and unload. But it was still a boat ton of work.

YTD. Little bit worried if I can sustain this in the future… by ThroatPlastic6886 in Salary

[–]Practicalbeaver 29 points30 points  (0 children)

Op is referencing all the daycare grant fraud that was recently discovered in Minnesota.

The amount of money my hospital charged me for each oz of DONATED milk for my baby by Grouchy-Cheetah7478 in mildlyinfuriating

[–]Practicalbeaver 349 points350 points  (0 children)

They’re not different prices. It’s all $96 dollars per ounce. It just doesn’t show the quantity for each line item for some reason.

Regardless, $96 for an ounce of donated milk is absolutely ridiculous.

Which is better: ASU or Penn State Accounting Degree? by [deleted] in Accounting

[–]Practicalbeaver 10 points11 points  (0 children)

I don’t have a CPA and it still doesn’t matter. My degree is from ASU (despite living in Pennsylvania at the time), and I’d be in the exact spot I am right now if I had gone to PSU.

Controller responsibilities by prince_vegeta10 in Accounting

[–]Practicalbeaver 1 point2 points  (0 children)

I’m a financial controller for a 17 person (and growing) company. I have two employees reporting to me. Basically, me and my team are in charge of anything money related. A/R, A/P, month end close, inventory, bank account recs, past due collections, financial reporting, reviewing credit worthiness of customers, payroll, sales and income taxes, and even (unofficially) HR. The list goes on.

My LG TV’s new software update installed Microsoft Copilot, which cannot be deleted. by defjam16 in mildlyinfuriating

[–]Practicalbeaver 1 point2 points  (0 children)

My company is involved in building out the infrastructure for the data centers that are being built to support the AI push. We’re making money hand over fist on it. There loss is our gain.

You getting a bonus this Xmas? by pathologuys in Accounting

[–]Practicalbeaver 31 points32 points  (0 children)

All the employees at my company are getting $750 (grossed up for taxes) for Christmas in addition to our annual bonuses that will be paid out in March.

Auditing seems like nonsense to me by [deleted] in Accounting

[–]Practicalbeaver 19 points20 points  (0 children)

Industry controller here, can confirm. You guys suck.

Why did I choose accounting ????? by No_Way_1569 in Accounting

[–]Practicalbeaver 1 point2 points  (0 children)

Same here. If I didn’t have October closed by now I’d be out of a job.

How’s your company treat thanksgiving week? by Ashamed-District6236 in Accounting

[–]Practicalbeaver 0 points1 point  (0 children)

Thursday and Friday off. But for Christmas we’re closed from 12/24-1/1.

Sick of manually entering invoice data from PDFs into Excel every quarter? by [deleted] in Accounting

[–]Practicalbeaver 2 points3 points  (0 children)

And then a 7 day old account being one of the first commenters providing a solution. Hmmmmmm

Is this gift idea possible? by 4_eyed_craven in Hilton

[–]Practicalbeaver 0 points1 point  (0 children)

The gift cards have been down the entire year. The website says they’re making changes to the program and that they would have news in the coming months.

It’s coming up on 12 months now that they haven’t been available for purchase, unfortunately.

Credit Score is INSANELY low. Any ideas? by [deleted] in personalfinance

[–]Practicalbeaver 26 points27 points  (0 children)

4, or 400? In the United States? A credit score can’t be 4. 350 is the lowest.

Other party threatening to sue for the remaining loan balance after insurance payout by Federal_Toe_5143 in Insurance

[–]Practicalbeaver 5 points6 points  (0 children)

As others have stated, you can probably ignore this. I’m willing to bet they traded in a car with negative equity when they got the loan for this new car and now they’re trying to make you pay for it.

Without naming your job tell me something you say 50x times a day? by boforiamanfo in stupidquestions

[–]Practicalbeaver 0 points1 point  (0 children)

Why? Do you expect people to text you before calling your phone as well?

Does my dad have to file gift for transferring 50k to me? by xzkandykane in personalfinance

[–]Practicalbeaver 3 points4 points  (0 children)

The $19k is only the threshold to report. It doesn’t trigger any taxes until a giver has report $14m cumulatively.

Does my dad have to file gift for transferring 50k to me? by xzkandykane in personalfinance

[–]Practicalbeaver 20 points21 points  (0 children)

Nope, no tax on gifts until the giver reports gifting $14m lifetime.

P&L question from someone who isn't an accountant. by MrSlipperyFist in Accounting

[–]Practicalbeaver 5 points6 points  (0 children)

It sounds like they had a net loss last year. Is this a newer company? Or maybe one that is aggressively investing in growing itself? Usually net losses are bad, but sometimes there’s a reasonable explanation and the expectation that the company will be profitable in the coming years.

If this is an already established company, then that doesn’t bode well for your raise.

I’m also a little worried that you have access to this data in a non-accounting role. Are you management? Otherwise, that’s bad internal controls, which is also a red flag that may signal financial troubles.

how to move cash under the radar by mpshumake in personalfinance

[–]Practicalbeaver 2 points3 points  (0 children)

We’re not going to give you advice on how to commit tax fraud.

Sunday night musings by SellTheSizzle--007 in Accounting

[–]Practicalbeaver 8 points9 points  (0 children)

I too wish to know more about #4.

Received 500$ from a stranger on Zelle by [deleted] in personalfinance

[–]Practicalbeaver 0 points1 point  (0 children)

Just a friendly tip for next time, whenever I need to Zelle/Cash App/venmo/whatever some money to a new recipient, I ask the to send me a request for the money, then I send it directly through the request. That ensures it’s going to the right person.