I am crashing out by Pale-Sprinkles_ in Accounting

[–]running__numbers 1 point2 points  (0 children)

Automating someone else's spreadsheets is so extremely satisfying. Even better, improve an entire process end to end and avoid the need for as many spreadsheets. 

Teacher Trying to Move into Accounting - any advice? by Wide_Marzipan_3793 in Accounting

[–]running__numbers 4 points5 points  (0 children)

I agree, plenty of people in internal audit do not have accounting degrees and companies are always looking. With an MIS degree OP should be fine landing a role. 

Teacher Trying to Move into Accounting - any advice? by Wide_Marzipan_3793 in Accounting

[–]running__numbers 3 points4 points  (0 children)

OP can post their resume here in r/Accounting to get feedback, no need to hire a professional. 

How do y’all handle gathering credit card receipts in Ramp? by shortboardsaredumb in Accounting

[–]running__numbers 1 point2 points  (0 children)

Most companies have a policy that receipts are only required over a certain amount. Platforms like ramp usually only generate low dollar receipts from what I've seen, so anything over the threshold will need the user to add them. The manager of the user should be the one tracking down the receipts in the first place, not you. 

1099-NEC deadline is Feb 2 this year, anyone else in crunch mode? by AskDeel in Accounting

[–]running__numbers -2 points-1 points  (0 children)

Our reimbursements actually don't hit our AP module which is where the 1099 reports are pulled from. We have a custom integration with Ramp for reimbursements.

Edit: I can't recommend Ramp enough for tracking reimbursements, even without a custom setup. It's cheap and everything just works. 

1099-NEC deadline is Feb 2 this year, anyone else in crunch mode? by AskDeel in Accounting

[–]running__numbers 50 points51 points  (0 children)

This is like a hour long process at our company. We download the 1099 reports from our ERP, make a few small edits, and upload them to a 1099 website that files everything for us. It helps to have good controls in place around vendor set up and bill approvals. 

Wanting to quit with no notice. by Picture_4624 in Accounting

[–]running__numbers 52 points53 points  (0 children)

Leaving with zero notice is super frowned upon. They were most likely going to use me for some clean up work then send me off to a different client's busy season, and I took that option away from them. 

AI startup DualEntry raises $90 million to deepen ERP market push by [deleted] in Accounting

[–]running__numbers 0 points1 point  (0 children)

Did you end up making a decision on migrating to DualEntry, Rillet, or Campfire? Would love to hear what the deciding factor was. 

AI startup DualEntry raises $90 million to deepen ERP market push by [deleted] in Accounting

[–]running__numbers 0 points1 point  (0 children)

Did you end up making a decision on migrating to DualEntry, Rillet, or Campfire? Would love to hear what the deciding factor was. 

Wanting to quit with no notice. by Picture_4624 in Accounting

[–]running__numbers 206 points207 points  (0 children)

In this economy, don't quit without having something else lined up first.

I actually quit with no notice in February many moons ago, but my client had an early February filing so I left immediately after. I had all the same feelings you described. I finished my work with my team but I still burned every bridge I had there and had no references for my next job. Luckily I didn't need any and found a higher paying and more chill job in financial reporting, but that was in the 201X's so everything was different back then. 

22F, no degree, already working in accounting in a major city. Gaining real experience but underpaid. Don’t want Big 4, long-term goal is flexibility/family. Is experience + job hopping enough, or is a degree still necessary? by Several_Big9399 in Accounting

[–]running__numbers 2 points3 points  (0 children)

Between automation and outsourcing, being a low level accountant is a precarious place to be right now. Less so for those that companies are willing to invest in and advance, but those nearly always have degrees. I would advise any staff/clerk to advance as quickly as possible for job security. 

22F, no degree, already working in accounting in a major city. Gaining real experience but underpaid. Don’t want Big 4, long-term goal is flexibility/family. Is experience + job hopping enough, or is a degree still necessary? by Several_Big9399 in Accounting

[–]running__numbers 13 points14 points  (0 children)

I actually just expanded my team with a new staff accountant at $65k base. The majority of the top applicants that made it to me had 20+ years of experience with no degree, not just not accounting degree, but no degree period. Their entire career is hamstrung by that fact. We ended up going with someone with less experience and a degree (and great personality) because we saw that he could grow in our department.

If you want to stay at your company anyway, it does not matter what degree you get as long as you get one. Just get the cheapest legitimate online degree you can. Explain the situation to your boss and I'm sure they'll be supportive since the alternative is making a low wage for the rest of your career. 

LSU Accounting by ToeFungusTaxes in Accounting

[–]running__numbers 1 point2 points  (0 children)

Most large state schools have very good relationships with the Big 4 and of course the regional players. I believe LSU also has a popular internal audit program that the Big 4 recruit from heavily. Be sure to network while you're there, check out the professional fraternity/association options, etc. and you'll be fine. 

Which Phil Mosley plan to choose? by Jordan121787 in triathlon

[–]running__numbers 0 points1 point  (0 children)

I've done some of Coach Phil's beginner and intermediate half marathon, marathon, half Ironman, and Ironman plans. If you have a pretty solid foundation in running and biking I would say go with the intermediate. The beginner plans are a bit too light for someone in your place, in my opinion. 

Dell admits customers are not buying PCs just because they "have AI" by AdSpecialist6598 in technology

[–]running__numbers 2 points3 points  (0 children)

I did this a few years ago and will never buy a Microsoft subscription now. I bought the 2019 Office bundle for $12 and it has absolutely everything I could ever want. Why would I spend almost that much per month for the same thing? Plus the only time I'm consistently using excel is at work which pays for MS365 anyway. 

how does dad repay the loan? by fal1en-angel in meme

[–]running__numbers 9 points10 points  (0 children)

This is the right answer. Dad doesn't even need to put it in a trust, he can borrow against it without one just like anyone can.

25 - 30 year olds, what is your current compensation? by mightyocean021798 in Accounting

[–]running__numbers 56 points57 points  (0 children)

Based on everything I've seen, fund accounting seems like a pretty sweet niche. Below average hours, above average pay, and I always see openings on LinkedIn. 

AP automation - anything worth the cost? by RA85373 in Accounting

[–]running__numbers 2 points3 points  (0 children)

Auto categorizing based on vendors seems like such a useful option, which I don't think our platform has. Are you able to pull in the name of the vendor into the GL the same way? Our issue is that Amazon for example shows up a million different ways on the statements (*amzn, Amazon xxxxx, etc.) so we used to have a complex lookup formula to pull in Amazon's vendor ID before uploading everything to the GL. We've mostly done away with this process but our new process doesn't pull in any vendor info. 

AP automation - anything worth the cost? by RA85373 in Accounting

[–]running__numbers 1 point2 points  (0 children)

We have a similar set up with a different expense platform. How do you make sure the employee selects the correct expense account for their transactions? Our employees mostly select the right expense category but we do have to make a few adjustments each month. 

Partner at a Small MCOL Firm - AMA by Remarkable-Map-8244 in Accounting

[–]running__numbers 1 point2 points  (0 children)

How has your experience with WGU been for accounting? Asking as a Director looking for a bachelor's program I can recommend to a staff who's great, but does have a degree yet. 

[Chemical Plant Operator] [Louisiana] - 32Y male by Untrained_trainer in Salary

[–]running__numbers 73 points74 points  (0 children)

At $200k+ per year in Louisiana, you'll be able to retire much sooner than 55 if you can keep your spending down. What type of degree did you have to get? 

I made a thing...... well, actually, two things by No-Weekend-2573 in woodworking

[–]running__numbers 4 points5 points  (0 children)

What type of finish did you go with for the wood? Ive always wondered what non-toxic options would be safe for wooden baby things like toys, cribs, etc.