The best way that I have found to convince a client to comply with IRS rules regarding collecting W9s and issuing 1099s, is by threatening their checkbook. For some, the threat of $260 per incorrect Form 1099 is not enough. For some, the risk of losing a tax deduction isn’t enough. But would the knowledge of a potentialtax liability of … Read More
Why are businesse still writing down our credit card info?
It is almost 2019 and companies are still writing down credit card information?! That isn’t very safe. I asked a woman taking our new windows deposit over the phone where she was recording my card information. She said, “At the top of the work order.” For all to see? Oh hell no. So, I refused and had to drive to … Read More
Tips for Migrating QuickBooks Desktop History
Does the thought of starting a new QuickBooks Desktop data file or moving to QuickBooks Online (QBO) give you nightmares? Is it time to graduate to a mid-market ERP program such as Sage-Intacct, Microsoft Dynamics 365, or NetSuite? If so, maybe I can help you sleep better by providing some tips and hints for migrating QuickBooks history. In a perfect … Read More
The “PBC’s of Pain-Free Audits
As a contracted controller, I see the best and worst of financial audits. I’m here to tell you that your auditors should be considered trusted business partners, not demons from below! In my many years of non-profit audit prep experience, I have found that the main pain challenge is a lack of organization and communication between the client’s audit team … Read More
Come to Boston!! Accountex Sept. 6-8 2017
Pass the word! I will be speaking on Wednesday, 9/6/17 at 9:45 a.m. on “Using Tech for Audit Prep.” There’s a better way of organizing and maintaining PBC (“provided by client”) lists. My audience is both auditors and client facing bookkeepers, controllers, accountants, CFOs and Executive Directors. Discover powerful pre-audit and audit tools for online collaboration that will save time, … Read More