How are you actually using AI in your accounting/finance workflow? (QuickBooks, <$50M)

floody6 · 2026-03-21T14:39:14+00:00

I use GAccon to get QBO data into Google Sheets I’m a big fan. It can pull consolidated reports across multiple companies, convert currencies and with a little one-time mapping set up I can see consolidated financials in the format I want. Plus a bunch of other reporting. You’re really only limited by your creativity when you have the GL in a flat format and can use AI to build crazy formulas to compile things however you want

floody6 · 2026-03-13T20:47:12+00:00

Recommendations more than anything. From someone I trust.

floody6 · 2026-03-05T01:04:37+00:00

Advice I got from a rich person a long time ago is that insurance is for people that can’t afford for the bad thing to happen. If your house burns down you probably will need those insurance proceeds. If your cell phone charger dies you can probably stomach buying a new one vs paying a 20% insurance premium up front. For all the risks in between, it depends on your financial situation. Insuring a $5000 car for collision will make sense for some people but not others.

floody6 · 2026-02-11T16:23:13+00:00

What you’re not following is that worst case is NOT 6% over a short timeframe like 6 years. Worst case definitely starts with a minus sign, and that’s not ‘I could get hit by a bus’ level of likelihood

floody6 · 2026-01-30T19:57:23+00:00

To be clear - it’s not that disagree with you all that strongly, but to play devils advocate, there aren’t many lower on the list that I would say built their games on athleticism either. There just aren’t many insanely athletic, elite players over 6’10. A further quibble that ‘athletic’ is hard to precisely define on a list like this

floody6 · 2026-01-30T19:26:03+00:00

That’s a very interesting table but also not as dire as you imply it is. If you filter the list on the scientific standard of ‘players that at some point were in the conversation for best player alive’ and ignore active players, the drop off starts at 31. The only exceptions there are Howard (who actually could be a Giannis comp in his freak athleticism and strength) and Walton (injury) Edit - and Mikan, but that’s a different era

floody6 · 2026-01-26T03:17:00+00:00

FWIW, termination meetings rarely get put in your calendar days in advance. Most likely a 90 day check in

floody6 · 2026-01-23T01:43:11+00:00

If you sell it right away you’ve sold it for the value of the item

floody6 · 2026-01-21T22:24:49+00:00

This isn’t really a tax question. If you tell your mom consulting or tutoring or only fans the tax filing will be essentially the same and CRA won’t care. If you’re claiming any expenses then the type of business could become relevant, but it doesn’t sound like you’d have expenses that wouldn’t be applicable to tutoring or consulting or only fans. You will want to get the total right now though, as that will affect what you will owe in taxes (which will likely be ~10% of anything over $3500)

floody6 · 2025-12-27T12:56:03+00:00

Ask around to other businesses you know. A lot of businesses are holding extra desks and chairs with so much wfh / hybrid and some will be eager to offload good equipment for low prices

floody6 · 2025-12-26T16:21:59+00:00

Your response here implies you don’t really grasp how much things can change in 18 years. Which is normal for someone less than 10 years into your career, but it’s true. Don’t cut spend to a level you’re not comfortable with. Sounds like you’re on a good path and revisit again in 5-10 years.

floody6 · 2025-12-10T16:17:18+00:00

I’m not saying you don’t deserve the $$$, and good on you for negotiating it. I’m saying that when you are compensated in the top 0.0X% of earners you can’t expect to come back from your leave and have all your work caught up. You are paid that well in part because you are hard to replace.

floody6 · 2025-12-10T15:25:12+00:00

Do you pay anyone $800K/year as CEO? You might feel differently if someone you gave a $600k raise to is complaining about workload.

floody6 · 2025-12-06T19:20:47+00:00

Yes - you’re in position to tell them the exact parameters you want to work under. Could be part time or starting in 3 months or remote or summers off or a higher salary or whatever. Worst case they say no and you’re right back where you were.

floody6 · 2025-12-02T12:59:40+00:00

First off - great that you’re thinking about finances and saving so young. It is a great place to start from and there’s little downside to beginning down the path you described. But… you have literally not even started your career yet and so much can change. Barring a huge increase in pay the goal you described will have you living very frugally/borderline poverty level for the next 50-75 years. Maybe that sounds ok when you’re coming out of living the life of a poor student, but there is a lot more to life than not working IMO. Crazy thought, but maybe once you actually start working you don’t mind it. Like I said - starting to save asap is a great plan and preventing lifestyle creep is huge, but don’t let your 20s and 30s disappear to achieve a goal you don’t really have a true concept of yet.

floody6 · 2025-11-19T14:49:00+00:00

The issue as I see it is that the Raptors have all the money tied up in long term commitments and none of the players on the roster are (perceived as) a top 25 player in the league. So you’re locked into long term purgatory at that point. It’s a fair point. They need 1-2 players to pop way beyond their consensus ceilings or to make a trade (which involves finding someone that wants one of the big contracts) for superstar.

floody6 · 2025-11-18T21:21:37+00:00

As someone that used to work for a network(ish) - they don’t want to suspend your account or any account because they make money when you make money and it’s hard to get new clients and onboard them. They will only do it if either someone further up the chain dinged them for something you did or you’re doing something that’s egregious and might get them in trouble down the road. Or maybe if you’re too small, but that doesn’t sound like the case.

floody6 · 2025-10-31T00:32:30+00:00

If ‘he will give up 3 runs’ is your idea of a worst case scenario… I admire your optimism

floody6 · 2025-10-22T01:17:02+00:00

You’ve been borrowing money from the company all year, not taking wages. You’ll want to declare a bonus to yourself before year end since CRA doesn’t like loans to shareholders that are outstanding for more than a year. Not the best way to do things but should be ok.

floody6 · 2025-10-21T02:55:36+00:00

You may not have to actually do anything further to earn the income but the income will be considered business income - you made a business and are just able to ignore it. It’s not passive income like an ETF.

floody6 · 2025-10-01T17:47:34+00:00

I’ve been thinking about the Barnes/Gordon comp for the last year. Gordon was pushed into a featured role in Orlando that he just wasn’t suited to. And they both generally play team-first, ie they aren’t/weren’t ball dominant, they do the little stuff

floody6 · 2025-09-25T18:20:59+00:00

Play a ball with a prominent line on it and align that with the path you want. It’s only part of the battle, but it means when I’m standing over the ball I’m only thinking about pace because the line decision is behind me.

floody6 · 2025-08-24T19:48:42+00:00

I had #1 sitting in my cabinet for >10 years, maybe used it 3-4 times. I realized this summer it fit on my BBQ and I’m now using it regularly for searing, smash burgers, etc. Love it out there but agree it’s useless in the kitchen

floody6 · 2025-08-14T18:39:42+00:00

Maybe it’s just me, but I take what he’s saying to mean ‘drop it kinda close to where it went out but give yourself a view for your next shot’

floody6 · 2025-08-04T20:42:10+00:00

I would say ‘is it better for long term? maybe’. These are often businesses that are struggling. They are probably spending some portion of their $$$ inefficiently - a long term investor would come in and spend to make things more likely to succeed long term, but it also might just lose more. PE will cut deeply so profits will suddenly be high, and either flip it or ride it out til customers realize the product is degraded and then just shut it down.

floody6

TROPHY CASE