Accounting Talk » Accounting Audit » Chartered accountant Poland cooperation

Chartered accountant Poland cooperation

Question:

Hello, I am from Poland, and have over six years professional experience in audit and accounting area in one of the Big 4 company in Poland. I completed all exams to be polish cerified auditor. I have good knowledge of UK GAAP, US GAAP  and IRFS (of course local polish accounting standards as well). I would like to cooperate with accounting and consulting companies from UK and USA. regards,

Response:

Hello, I am from Poland, and have over six years professional experience in audit and accounting area in one of the Big 4 company in Poland. I completed all exams to be polish cerified auditor. I have good knowledge of UK GAAP, US GAAP  and IRFS (of course local polish accounting standards as well). I would like to cooperate with accounting and consulting companies from UK and USA. regards,

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Accounting Talk » Accounting » excel function question

excel function question

Question:

Give me a phone call at 403-252-3282 (usually available between 9:00 am and 9:00 pm Mountain Time). You’ve got my interest going. Wolfgang Rochow, CGA

– Hide quoted text — Show quoted text – Well, guys, it does happen, and probably more than you expect and at companies where you would expect more sophistication. Last year I worked on a project which converted historical data from a legacy system.  Inadvertently or not, a lot of info was not loaded onto the new system.  I and others had to spend lots of time doing what I described. I am currently working another project at another large, public Fortune 500 company, and I can see that this is going to be an issue again. After what I endured last year, I am looking for a better, more time efficient way of doing this. Both of these companies are large, decentralized transaction based businesses. When dealing with thousands of line items, sitting around and taking pot shots in a hit & miss fashion is not acceptable when deadlines have to be met.  Yes, you would think that this kind of thing would not happen in this day and age, but it does.

Response:

Well, guys, it does happen, and probably more than you expect and at companies where you would expect more sophistication. Last year I worked on a project which converted historical data from a legacy system.  Inadvertently or not, a lot of info was not loaded onto the new system.  I and others had to spend lots of time doing what I described. I am currently working another project at another large, public Fortune 500 company, and I can see that this is going to be an issue again. After what I endured last year, I am looking for a better, more time efficient way of doing this. Both of these companies are large, decentralized transaction based businesses. When dealing with thousands of line items, sitting around and taking pot shots in a hit & miss fashion is not acceptable when deadlines have to be met.  Yes, you would think that this kind of thing would not happen in this day and age, but it does.

Response:

– Hide quoted text — Show quoted text -Looking for a solution using excel- Example:  Imagine that you have a reconciliation with 100s or 1000s of debits or credits.  You also have the offsetting debit or credit, which is one item. You know that the one debit or credit equals some  offsetting combination of debits or credits. Instead of going up and down one column (in a trial and error fashion that can take a long time) to find that combination of debits or credits that equals your single item offset, is there an excel function that can be used to hi-lite one column and have it search/find various combinations that equal the offset? I have tried the goal seek, scenario and solvers without luck.  I have also tried some of the solv/solver functions (solvget, solvok) without luck.  The ms-excel help is terrible for the solv functions.  Have tried other groups too with no success.   Any help or guidance would be greatly appreciated! Thanks.

Tasks like that are great for new accounting graduates! Preston Singleton, CPA Austin, Texas

Response:

Ken is right. I can’t imagine anyone attempting to match debit and credit amounts on their own without some reference. In the system that we use (not excel), the "open-items" are matched by any reference of our choice. The two most common in Accounts Receivable, for example, are to apply credits against the oldest debits (in this case the matching process will be date based) or against specific debits (in this case the matching process will be reference#/invoice# based). Personally, I dislike the excessive use of excel. It has an important place in business as a tool; however, I know of some businesses that use it as their only tool. There are better ways. Wolfgang Rochow, CGA www.gestalt.com

– Hide quoted text — Show quoted text – This would only be possible if there were some reference text that identified the entries as belonging to each other.  Otherwise how is Excel to know which combinations of many duplicated amounts belong. If you have such a reference column, then you could sort on that and the related entries would be together. Ken Russell | | Looking for a solution using excel- | | Example:  Imagine that you have a reconciliation with 100s or 1000s of debits | or credits.  You also have the offsetting debit or credit, which is one item. | | You know that the one debit or credit equals some  offsetting combination of | debits or credits. | | Instead of going up and down one column (in a trial and error fashion that can | take a long time) to find that combination of debits or credits that equals | your single item offset, is there an excel function that can be used to hi-lite | one column and have it search/find various combinations that equal the offset? | | I have tried the goal seek, scenario and solvers without luck.  I have also | tried some of the solv/solver functions (solvget, solvok) without luck. The | ms-excel help is terrible for the solv functions.  Have tried other groups too | with no success. | | Any help or guidance would be greatly appreciated! | | Thanks. — Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com).

Response:

Yes there is a way, using Solver Add two columns Col 1 should contain 1 or 0 value only Col 2 should equal Col1 * Credits Add a total under col 2 Now use solver to specify that the total under col should be the desired amount. The variable column should be col1 set constraints that col1 values should be =0 and <=1 you should get a solution.  The only problem is that you can’t have too many adjustable cells, so if you have a large spreadsheet, it may not work too well. HS

– Hide quoted text — Show quoted text – Ken, Thanks for your response. The solution I am looking for would be only a starting point.  I get submissions currently (and have in the past) had to work with little more than what I described in the original post.  No referencing to speak of. Say you have a debit for $500.  Assume that some combination of items in the credits column (could be 5 or 50 or any number) of items offset the $500 debit What I would want is for excel to find combinations of the credits that equal the one debit.  The combination of credits (lets say excel returns 15 items on the first round) would then be further researched to determine whether or not they belong with the 1st $500 debit. It may take several rounds to find and then research the correct 15 items, but it would be much faster than scrolling through 100s or 1000s of lines in a trial and error fashion. This kind of thing happens at MANY very large corps. in accounting reconciliation depts, and people spend many hours going through the above process.  If something can be done with excel as a starting point for researching/confirming items, it would be a huge timesaver. Thanks again!

Response:

Ken, Thanks for your response. The solution I am looking for would be only a starting point.  I get submissions currently (and have in the past) had to work with little more  than what I described in the original post.  No referencing to speak of. Say you have a debit for $500.  Assume that some combination of items in the credits column (could be 5 or 50 or any number) of items offset the $500 debit What I would want is for excel to find combinations of the credits that equal the one debit.  The combination of credits (lets say excel returns 15 items on the first round) would then be further researched to determine whether or not they belong with the 1st $500 debit.   It may take several rounds to find and then research the correct 15 items,  but it would be much faster than scrolling through 100s or 1000s of lines in a trial and error fashion. This kind of thing happens at MANY very large corps. in accounting reconciliation depts, and people spend many hours going through the above process.  If something can be done with excel as a starting point for researching/confirming items, it would be a huge timesaver. Thanks again!

Response:

Looking for a solution using excel- Example:  Imagine that you have a reconciliation with 100s or 1000s of debits or credits.  You also have the offsetting debit or credit, which is one item. You know that the one debit or credit equals some  offsetting combination of debits or credits. Instead of going up and down one column (in a trial and error fashion that can take a long time) to find that combination of debits or credits that equals your single item offset, is there an excel function that can be used to hi-lite one column and have it search/find various combinations that equal the offset? I have tried the goal seek, scenario and solvers without luck.  I have also tried some of the solv/solver functions (solvget, solvok) without luck.  The ms-excel help is terrible for the solv functions.  Have tried other groups too with no success.   Any help or guidance would be greatly appreciated! Thanks.

Response:

This would only be possible if there were some reference text that identified the entries as belonging to each other.  Otherwise how is Excel to know which combinations of many duplicated amounts belong. If you have such a reference column, then you could sort on that and the related entries would be together. Ken Russell

| | Looking for a solution using excel- | | Example:  Imagine that you have a reconciliation with 100s or 1000s of debits | or credits.  You also have the offsetting debit or credit, which is one item. | | You know that the one debit or credit equals some  offsetting combination of | debits or credits. | | Instead of going up and down one column (in a trial and error fashion that can | take a long time) to find that combination of debits or credits that equals | your single item offset, is there an excel function that can be used to hi-lite | one column and have it search/find various combinations that equal the offset? | | I have tried the goal seek, scenario and solvers without luck.  I have also | tried some of the solv/solver functions (solvget, solvok) without luck. The | ms-excel help is terrible for the solv functions.  Have tried other groups too | with no success. | | Any help or guidance would be greatly appreciated! | | Thanks. — Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com).

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Accounting Talk » Accounting Job » Career choice

Career choice

Question:

not the end of the world mate… just calm down for a sec. nothing is worth taking a human life over… just step back for a sec… its just a job.

Hehe i picked accounting and got a job at a big firm until I f’d up and got a drunk driving.  One mistake and no more work for me..  Noone wants me anymore.  Isn’t life grand.  Pathetic i’m applying at gas stations now. Dreams of becoming a CPA down the drain..  Next is a bullet in my head if things don’t work out.  Good luck! I am about to finish my HND Accounting and am not sure whether to find a job in an accounting related field and continue studying part time or to carry on with full time education for another 2 years. what are the pros and cons of either choice.

— Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com).

Response:

Why does it matter, unless you ran over your boss while DUI?

– Hide quoted text — Show quoted text – Hehe i picked accounting and got a job at a big firm until I f’d up and got a drunk driving.  One mistake and no more work for me..  Noone wants me anymore.  Isn’t life grand.  Pathetic i’m applying at gas stations now. Dreams of becoming a CPA down the drain..  Next is a bullet in my head if things don’t work out.  Good luck! I am about to finish my HND Accounting and am not sure whether to find a job in an accounting related field and continue studying part time or to carry on with full time education for another 2 years. what are the pros and cons of either choice.

Response:

Why does it matter, unless you ran over your boss while DUI?

Or a big client was in the back seat……or the President of the State Board of Accountancy…… — Have no fear of perfection – you’ll never reach it. Paul A. Thomas, CPA Athens, Georgia taxman at negia.net

Response:

Hehe i picked accounting and got a job at a big firm until I f’d up and got a drunk driving.  One mistake and no more work for me..  Noone wants me anymore.  Isn’t life grand.  Pathetic i’m applying at gas stations now. Dreams of becoming a CPA down the drain..  Next is a bullet in my head if things don’t work out.  Good luck!

– Hide quoted text — Show quoted text – I am about to finish my HND Accounting and am not sure whether to find a job in an accounting related field and continue studying part time or to carry on with full time education for another 2 years. what are the pros and cons of either choice.

Response:

Hehe i picked accounting and got a job at a big firm until I f’d up and got a drunk driving.  One mistake and no more work for me..  Noone wants me anymore.  Isn’t life grand.  Pathetic i’m applying at gas stations now. Dreams of becoming a CPA down the drain..  Next is a bullet in my head if things don’t work out.  Good luck!

I know a very sucessful CPA who had a DUI conviction  !! – Hide quoted text — Show quoted text – I am about to finish my HND Accounting and am not sure whether to find a job in an accounting related field and continue studying part time or to carry on with full time education for another 2 years. what are the pros and cons of either choice.

Response:

I am about to finish my HND Accounting and am not sure whether to find a job in an accounting related field and continue studying part time or to carry on with full time education for another 2 years. what are the pros and cons of either choice.

Please explain to us what HND is so we can better answer your question. Wayne Brasch, CPA, M. S. Taxation

Response:

I am about to finish my HND Accounting and am not sure whether to find a job in an accounting related field and continue studying part time or to carry on with full time education for another 2 years. what are the pros and cons of either choice.

Please explain to us what HND is so we can better answer your question.

The best I can tell, it’s something like an AA degree or similar from a tech school in the UK. http://www.prospects.ac.uk/cms/ShowPage/Home_page/Your_HND____what_ne… — Paul A. Thomas, CPA Athens, Georgia taxman at negia.net

Response:

I am about to finish my HND Accounting and am not sure whether to find a job in an accounting related field and continue studying part time or to carry on with full time education for another 2 years. what are the pros and cons of either choice.

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Accounting Talk » Business Accounting » Wiley's study guides

Wiley's study guides

Question:

Has anyone used the Wiley’s CPA study guides (computer program or 4 vol. set of books) to prepare for the exam? how effective was it? is it a reasonable substitue to a review course like Becker or Kaplan? -JK

Response:

If you have pretty good understanding of what you learn when taking the accounting courses, I would say the CPA study aids are good enough for preparing for the exam.  If you have trouble understanding the accounting concept, taking some review courses may help you improve your grasp of the concepts or at least help you memorize them.  However, I would go back to the basic (e.g. reading an intermediate /advanced accounting textbook) and make sure you really understand. Arthur

– Hide quoted text — Show quoted text – Has anyone used the Wiley’s CPA study guides (computer program or 4 vol. set of books) to prepare for the exam? how effective was it? is it a reasonable substitue to a review course like Becker or Kaplan? -JK

Response:

Don’t go back to reading an intermediate textbook,this is a waste. The int accounting book, audit book, business law book, etc covers the material in a much greater detail than you need to know.  The thing about the CPA exam is that it covers a huge breadth of information in some level of detail.  Problem is you need to now this "some level of detail" very well for all topics.     Use the study notes from Becker/Conviser.  More importantly, answer the multiple choice questions over and over and learn why a particular choice is the correct one and the others are not. – Hide quoted text — Show quoted text – If you have pretty good understanding of what you learn when taking the accounting courses, I would say the CPA study aids are good enough for preparing for the exam.  If you have trouble understanding the accounting concept, taking some review courses may help you improve your grasp of the concepts or at least help you memorize them.  However, I would go back to the basic (e.g. reading an intermediate /advanced accounting textbook) and make sure you really understand. Arthur Has anyone used the Wiley’s CPA study guides (computer program or 4 vol.  set of books) to prepare for the exam? how effective was it? is it a reasonable substitue to a review course like Becker or Kaplan? -JK

Response:

Don’t go back to reading an intermediate textbook,this is a waste. The int accounting book, audit book, business law book, etc covers the material in a much greater detail than you need to know.  The thing about the CPA exam is that it covers a huge breadth of information in some level of detail.  Problem is you need to now this "some level of detail" very well for all topics.     Use the study notes from Becker/Conviser.  More importantly, answer the multiple choice questions over and over and learn why a particular choice is the correct one and the others are not.

I am using the Gliem questions on the computer. Should I focus on the CPA questions, or include the Gliem specific ones that apparently are there to teach something? with respect, Roger R.

– Hide quoted text — Show quoted text – If you have pretty good understanding of what you learn when taking the accounting courses, I would say the CPA study aids are good enough for preparing for the exam.  If you have trouble understanding the accounting concept, taking some review courses may help you improve your grasp of the concepts or at least help you memorize them.  However, I would go back to the basic (e.g. reading an intermediate /advanced accounting textbook) and make sure you really understand. Arthur Has anyone used the Wiley’s CPA study guides (computer program or 4 vol.  set of books) to prepare for the exam? how effective was it? is it a reasonable substitue to a review course like Becker or Kaplan? -JK

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Accounting Talk » Accounting Job » Insulating basement walls

Insulating basement walls

Question:

3rd Eye started out as a spammer in ahr a while back.  Whining and threatening to call johnny law on anyone who served him up a plate of well deserved shit.  Well fuck him and his supposed "law" enforcement affiliated claims.  Who knows what he really is.  Nobody gives a rat’s ass.  But if he gives shit advice (as is his habit) he gets his ass jumped. He will soon go the way of Tony Hwang, Lane Romel, and quite a few others who thought they’d set up shop here and fuck over the unsuspecting, and disappear.

I did check-out his website and it looks like he is licensed,insured, and I wonder who writes out the checks? I must have missed the spamming part though. I hate spammers but I hate slammers even more! constructive criticism is one thing, but your useless posts are annoying as well.

Response:

 : : do you suppose all the MOLD that folks are finding in there houses is due to : us making our houses TOO air tight? too tight or too much humidity and not enough air movement?… i dunno

or all of the above! :) – Hide quoted text — Show quoted text –

Response:

"Ch

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Accounting Talk » Accountants » Quitting Day Job Today

Quitting Day Job Today

Question:

YES-GO FOR IT! And promise yourself not to ever look back-either way or you’ll end up counting dreams vs. sheep.  I could tell ya a million and one things about this but I’ll spare you the storys. There is one important thing though that , either way, will make or break you in Life I have found. That is to not make Music, or anything here, a means to an end, for if you reach that goal then your vision has ended and Life, or music , becomes stagnant to ya. Yes, have goals that are rational and map them but most importantly you must choose with your heart and a true Love for Music to go ahead and not for a means to an end here as for going for sucess or money, etc…Should these things come, then let them come naturally along with the flow and keep going on from there with the Love for your music always first, [in this regard] and know what really matters in this world- and what lives on and what doesn’t. That only you can decide and know in the soul of your Heart. Good Luck, TOMMY..  .. — May Your LORD Bless You & Keep You

Response:

I would like to thank those who have been so positive. I’ve had opportunities over the years. I always had other priorities that I deemed more important at the times. At this point in my life I have no house note, no car note, no credit card debt, a place to call home, and no children. I’ve done all the things that were more important to me than music. I have unfinished business with the muse, and now is the time to address it. I’d like to provide some specific information for those who may be inclined to consider a full-time music thing. The record pres. was interested in three things, with regard to the music. That is according to his attention paid and responses. Listed in order of importance: 1. voice 2. songwriting 3. guitar I informed him I was writing the second album and wanted it in my hip pocket before I began. He let me know that was all well and good, but to concentrate on the first and count on a year to promote/sell. Prior to meeting with this fellow, I had an opportunity provided by a recording studio owner to another company. I did not feel comfortable with that company. However, the emphasis on singing and songwriting was also to the fore. I share these things for a reason. At this stage of the game, time is shorter for me than some. There are folks, young and not so young, who might be inclined to consider music full-time, but have, for whatever reasons, convinced themselves that they can’t. There are rumblings in the music biz as of late. The large contracts have yielded less than some execs. had hoped for. There is a new model coming into thought, which is really an old model. Lighter contracts. More acts. A revolving door. Such a model provides access by more people. It also means such people should hold on to monies made, because nothing lasts forever, and this is especially true in such a pattern. Someone who is/has the triple threat, a good voice, good songwriting, good instrument skills, is appealing to more companies at this time. I hope for all guitar players, that the, "new model," takes hold and yields many opportunities. My best to all who wished me their best. Signing off to go get the job done.

Response:

If this this guys over 35 he’s going to end up homeless on the street with no HMO. Records company’s will not hire no unknown artist over 35. well as respect. I did what all I wanted to do and tossed in the towel long ago…… never looked back.

– Hide quoted text — Show quoted text – You are a brave SOB to risk what you have for something that may be successful, especially in that cut-throat business.   I passed on my chance to you.  If anything, the experience will provide some good material for your future songs.   Don’t trust anybody, especially the accountants, and always watch your back.   Even if you have a ‘manager’, be one step ahead of him and know what he knows before he does.  You can’t trust anybody, I can’t emphasize that enough. Decided I’d share. Some months ago, I took a couple of demo songs to a record company president. Halfway through the second, he told me to do the master, then come see him. To be a touring act. That I’d have to quit the day job to devote 100% to the thing. Well. I lagged and dragged. I spent my days off from the regular job (which of course, is hellish) recuperating. The insipration to do go the distance was always muted. I’ve worked up to about 8 finished songs. I woke up this morning. Prayed. Visions. Time to quit the day job, use the inspiration given today to finish up the first cd, and get the show on the road. Some here have dreams of a musical career. Some have the talent. Life is short. The time for society and civilization as we know it is short also. Priorities and things truly important are more than ever something that can be ignored at one’s peril. Everybody dies anyway, and the fear of death, which is the ultimate occurrence of this life anyway, keeps so many in misery, doing miserable things. After all, if you don’t do that lousy job that keeps you depressed and frustrated, your money will be cut off, and you know you’ll die without that in this artificially created societal construct. Funny thing is, I peeked. Life ends badly anyway. With music, there comes a time to shit or get off the pot. Awwww…. feel better already. Lighter, brighter, ready to record my ass off, with a big old smile, just like a kid who doesn’t know any better or care. Thanks for your time.

Response:

Decided I’d share. Some months ago, I took a couple of demo songs to a record company president. Halfway through the second, he told me to do the master, then come see him. To be a touring act. That I’d have to quit the day job to devote 100% to the thing.

Best of luck! Give it all you got and more.

Response:

Dont quit the day job, you need it to hire entertainment lawyer to watch over your ass. Record company’s are pimps and landsharkes. then come see him. To be a touring act.

If your over 35 and unknown…..slim chance I’ve worked up to about 8 finished songs.

You need more like 30 + Your "connection" is BS’ng you I dont want to be mean, just telling you ! No more future in music these days, dont end up poor with no HMO. my .02 -Joe

– Hide quoted text — Show quoted text – Decided I’d share. Some months ago, I took a couple of demo songs to a record company president. Halfway through the second, he told me to do the master, then come see him. To be a touring act. That I’d have to quit the day job to devote 100% to the thing. Well. I lagged and dragged. I spent my days off from the regular job (which of course, is hellish) recuperating. The insipration to do go the distance was always muted. I’ve worked up to about 8 finished songs. I woke up this morning. Prayed. Visions. Time to quit the day job, use the inspiration given today to finish up the first cd, and get the show on the road. Some here have dreams of a musical career. Some have the talent. Life is short. The time for society and civilization as we know it is short also. Priorities and things truly important are more than ever something that can be ignored at one’s peril. Everybody dies anyway, and the fear of death, which is the ultimate occurrence of this life anyway, keeps so many in misery, doing miserable things. After all, if you don’t do that lousy job that keeps you depressed and frustrated, your money will be cut off, and you know you’ll die without that in this artificially created societal construct. Funny thing is, I peeked. Life ends badly anyway. With music, there comes a time to shit or get off the pot. Awwww…. feel better already. Lighter, brighter, ready to record my ass off, with a big old smile, just like a kid who doesn’t know any better or care. Thanks for your time.

Response:

Gods speed and good luck to ya.  It will happen if you really want it to. Jack

– Hide quoted text — Show quoted text – Decided I’d share. Some months ago, I took a couple of demo songs to a record company president. Halfway through the second, he told me to do the master, then come see him. To be a touring act. That I’d have to quit the day job to devote 100% to the thing. Well. I lagged and dragged. I spent my days off from the regular job (which of course, is hellish) recuperating. The insipration to do go the distance was always muted. I’ve worked up to about 8 finished songs. I woke up this morning. Prayed. Visions. Time to quit the day job, use the inspiration given today to finish up the first cd, and get the show on the road. Some here have dreams of a musical career. Some have the talent. Life is short. The time for society and civilization as we know it is short also. Priorities and things truly important are more than ever something that can be ignored at one’s peril. Everybody dies anyway, and the fear of death, which is the ultimate occurrence of this life anyway, keeps so many in misery, doing miserable things. After all, if you don’t do that lousy job that keeps you depressed and frustrated, your money will be cut off, and you know you’ll die without that in this artificially created societal construct. Funny thing is, I peeked. Life ends badly anyway. With music, there comes a time to shit or get off the pot. Awwww…. feel better already. Lighter, brighter, ready to record my ass off, with a big old smile, just like a kid who doesn’t know any better or care. Thanks for your time.

Response:

Decided I’d share.

etc… DOOD! ROCK N’ ROLL! ROCK N’ ROLLLLL!!!! ROCK N’ LUX

Response:

Man, if I had half of your guts I would be happy.  Go for it and don’t look back.  I was always told that the same dream was merely a pipe dream.  Go for it and don’t look back- I didn’t do it- I thought that I had failed the first time it didn’t work out and I listened to those who told me I was dreaming- I was too young and stupid to try again and I will regret it for the rest of my life.

– Hide quoted text — Show quoted text – Decided I’d share. Some months ago, I took a couple of demo songs to a record company president. Halfway through the second, he told me to do the master, then come see him. To be a touring act. That I’d have to quit the day job to devote 100% to the thing. Well. I lagged and dragged. I spent my days off from the regular job (which of course, is hellish) recuperating. The insipration to do go the distance was always muted. I’ve worked up to about 8 finished songs. I woke up this morning. Prayed. Visions. Time to quit the day job, use the inspiration given today to finish up the first cd, and get the show on the road. Some here have dreams of a musical career. Some have the talent. Life is short. The time for society and civilization as we know it is short also. Priorities and things truly important are more than ever something that can be ignored at one’s peril. Everybody dies anyway, and the fear of death, which is the ultimate occurrence of this life anyway, keeps so many in misery, doing miserable things. After all, if you don’t do that lousy job that keeps you depressed and frustrated, your money will be cut off, and you know you’ll die without that in this artificially created societal construct. Funny thing is, I peeked. Life ends badly anyway. With music, there comes a time to shit or get off the pot. Awwww…. feel better already. Lighter, brighter, ready to record my ass off, with a big old smile, just like a kid who doesn’t know any better or care. Thanks for your time.

Response:

You will be living a dream I can only dream about.  Go for it with everything you have, and you will make it!  I wish you much success.  That is a huge step, but one which you won’t  know without trying.  Worst case, you can always get anther day job.  Best case, well I’m sure you already know that. Give ‘em hell!!! <Mike

Response:

You are a brave SOB to risk what you have for something that may be successful, especially in that cut-throat business.   I passed on my chance you.  If anything, the experience will provide some good material for your future songs.   Don’t trust anybody, especially the accountants, and always watch your back.   Even if you have a ‘manager’, be one step ahead of him and know what he knows before he does.  You can’t trust anybody, I can’t emphasize that enough.

– Hide quoted text — Show quoted text – Decided I’d share. Some months ago, I took a couple of demo songs to a record company president. Halfway through the second, he told me to do the master, then come see him. To be a touring act. That I’d have to quit the day job to devote 100% to the thing. Well. I lagged and dragged. I spent my days off from the regular job (which of course, is hellish) recuperating. The insipration to do go the distance was always muted. I’ve worked up to about 8 finished songs. I woke up this morning. Prayed. Visions. Time to quit the day job, use the inspiration given today to finish up the first cd, and get the show on the road. Some here have dreams of a musical career. Some have the talent. Life is short. The time for society and civilization as we know it is short also. Priorities and things truly important are more than ever something that can be ignored at one’s peril. Everybody dies anyway, and the fear of death, which is the ultimate occurrence of this life anyway, keeps so many in misery, doing miserable things. After all, if you don’t do that lousy job that keeps you depressed and frustrated, your money will be cut off, and you know you’ll die without that in this artificially created societal construct. Funny thing is, I peeked. Life ends badly anyway. With music, there comes a time to shit or get off the pot. Awwww…. feel better already. Lighter, brighter, ready to record my ass off, with a big old smile, just like a kid who doesn’t know any better or care. Thanks for your time.

Response:

Good for you. Best of luck. Don’t give up and keep smiling. We’re all 100 per cent behind you. Jim

– Hide quoted text — Show quoted text – Decided I’d share. Some months ago, I took a couple of demo songs to a record company president. Halfway through the second, he told me to do the master, then come see him. To be a touring act. That I’d have to quit the day job to devote 100% to the thing. Well. I lagged and dragged. I spent my days off from the regular job (which of course, is hellish) recuperating. The insipration to do go the distance was always muted. I’ve worked up to about 8 finished songs. I woke up this morning. Prayed. Visions. Time to quit the day job, use the inspiration given today to finish up the first cd, and get the show on the road. Some here have dreams of a musical career. Some have the talent. Life is short. The time for society and civilization as we know it is short also. Priorities and things truly important are more than ever something that can be ignored at one’s peril. Everybody dies anyway, and the fear of death, which is the ultimate occurrence of this life anyway, keeps so many in misery, doing miserable things. After all, if you don’t do that lousy job that keeps you depressed and frustrated, your money will be cut off, and you know you’ll die without that in this artificially created societal construct. Funny thing is, I peeked. Life ends badly anyway. With music, there comes a time to shit or get off the pot. Awwww…. feel better already. Lighter, brighter, ready to record my ass off, with a big old smile, just like a kid who doesn’t know any better or care. Thanks for your time.

Response:

Decided I’d share. Some months ago, I took a couple of demo songs to a record company president. Halfway through the second, he told me to do the master, then come see him. To be a touring act. That I’d have to quit the day job to devote 100% to the thing. Well. I lagged and dragged. I spent my days off from the regular job (which of course, is hellish) recuperating. The insipration to do go the distance was always muted. I’ve worked up to about 8 finished songs. I woke up this morning. Prayed. Visions. Time to quit the day job, use the inspiration given today to finish up the first cd, and get the show on the road. Some here have dreams of a musical career. Some have the talent. Life is short. The time for society and civilization as we know it is short also. Priorities and things truly important are more than ever something that can be ignored at one’s peril. Everybody dies anyway, and the fear of death, which is the ultimate occurrence of this life anyway, keeps so many in misery, doing miserable things. After all, if you don’t do that lousy job that keeps you depressed and frustrated, your money will be cut off, and you know you’ll die without that in this artificially created societal construct. Funny thing is, I peeked. Life ends badly anyway. With music, there comes a time to shit or get off the pot. Awwww…. feel better already. Lighter, brighter, ready to record my ass off, with a big old smile, just like a kid who doesn’t know any better or care. Thanks for your time.

Response:

Decided I’d share. Some months ago, I took a couple of demo songs to a record company president. Halfway through the second, he told me to do the master, then come see him. To be a touring act. That I’d have to quit the day job to devote 100% to the thing. Well.

I applaud your decision. Even if you dont "succeed"…. ie, get your stuff played next to limp biskit on MTV, you have succeeded because you will have become a better person for trying. The tediums that await you in a menial day job will always be there. This opportunity wont.  When I was younger I wanted to do this same thing and due to a few monumentally bad decisions, habits etc. I never got to fullfil what I started. There will never be closure to that part of my life. I always regret not doing things the right way. Just Do it !! Good Luck !

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Category: Accountants
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Accounting Talk » Accounting » Depression & Snacks

Depression & Snacks

Question:

I think most antidepressant/anxiety meds make you sleepy – some more than others.  I’ve been on Paxil for almost 2 years now (2 more weeks and I get to start weaning off … yeah!!!), still get really sleepy mid afternoon – but if I take it in the evening it seems to wire me.  Go figure!  The worst was when I was on Valium for lack of any other antidepressants – I think I was in a daze for a month before I refused to take any more.  Keep on your Dr., he should be able to find something that will work for you.  Just remember to keep taking those pills.  It takes 4-6 weeks before they reach the maximum benefit. Glad to hear he also ran lots of tests to make sure nothing else was going on.  I also had the hormones checked, to make sure that wasn’t accounting for my problems.  Haven’t done the cholesterol yet, will be having that checked in April. Congrats on fitting into those smaller jeans, doesn’t it feel good!!! I’m dreaming of 14’s, have a ways to go yet. LOL!  But even seeing my 18’s fit loosely again was a wonderful feeling. Have you tried the skinny cow fudge bars yet?  I found them for the first time in my grocery last week … they are wonderful and only 1 point!  Quite large, and very cholately – exactly like a fudgicle (sorry, no matter how I spell that it looks funny).  They have become my very favorite night time treat. Joyce – Hide quoted text — Show quoted text – Hey Guys & Gals, I got to the doctor and he gave me something new to try for my depression. Effexor or something like that, because Zoloft made me sleepy the last time I took it.  It’s kind of like antihistamines.  If I just take one of those, I can hardly keep my eyes open for three days!  He did some blood work also to check my thyroid function as well as I requested a serum electrolytes. He thought I asked for it because of my sugar but that isn’t why.  Seems like this particular test can show if your body chemicals (I think) are out of whack, like sodium vs. potassium…I could be wrong but I swear that’s what I read.  They are also checking my cholesterol, but the one time I had it checked, I had a very low one which is a good thing.  I was very surprised as I was weighing in around 180-200 even then and I thought heavier people had higher cholesterol counts.  He said it must be hereditary.  So we will see what kind of cholesterol count I get back, am hoping it is still going to be a good one.  One reason I hope that is that my older sister has a very very high cholesterol count and the doctor has told her that she is a heart attack just waiting to happen.  She is 5′1 and I don’t know how much she weighs, but she is wide so you can guess what I mean, I’m not good at guessing weight for short people (no offense intended) or even somebody only 2" taller than myself.  I have tried to interest her in this program to no avail. Today my daughter passed me down a pair of jeans that were too big for her, they were 14’s and they fit me perfectly.  But while she was holding them up I was looking at the wideness of them and I guess you all know what I was thinking…’gee my butt is still wide’ hehehehe  Definitely NOT going to be residing at this weight for any longer than I absolutely have to! Today I got very lucky.  I found peanut butter chocolate skinny cows, a whole bunch of them at one store (well considering 10 might be a while bunch when you are lucky to find even one of them)…I bought two and also some fat free yogurt but it still said 1/2 cup is like 100 something calories, sheesh that’s 2 points if I’m not mistaken. Anyway, it was good.  I found the fat free philadelphia cream cheese and some more laughing cow cheese so we got both.  I also got a package of wheat pasta.  Has anyone tried that seminola pasta and is that just as good for you as the wheat?  I don’t think that I’ve ever had it but isn’t it made from corn?  Eyikes, too rich for me if so.  Let me know.  I also broke down and got some OR smart pop popcorn. I checked all the low fat brands there and theirs was the only one that stated precisely the calories and servings for one bag.  The others said ‘about’ this or that many servings.  That is too iffy for me, I need exact. That is why I haven’t cooked my angel food cake yet.  Even though it says 1/12th is a serving, what if I cut the stupid thing off-kilter.  Then I might get more than 1/12th, sigh…..or cheat myself out of some portion. I’ve got frozen strawberries for it but I am just hesitant to do it. My daughter has been bugging me to cook it but I’ve told her to shut up finally.  hehehe there is a chocolate cake she can make any time she gets ready. She keeps bugging me to taste this or that.  Today she bought some sides from the grocery store, potato salad and noodle salad and kept trying to get me to taste it.  Then she asks me to taste the koolaid she made (using sugar) and not thinking, I took a small sip.  She is definitely on my bad list.  Those tastes would undoubtedly end up being at least 1 point and I’m not wasting my points on a taste test for someone else, lol My question is about the Graham Crackers.  We looked at Honey Maid and the other, Quaker’s brand and one box says a serving is one cracker.  The other says like 7 squares.  Also there are differences in the caloric content and the fat content I believe, although I don’t know if just 1g of fat is that much worse or better.  I want to make those little snack things when I get some freezer room but am not sure which kind to buy, which one is the least calories and points?  I know we are not supposed to count calories but that gives you some kind of indication when you don’t have your points converter with you. So today was a good day and some good finds for me ;)  Got to have my snacks which makes me feel less like I’m dieting and more like I’m not :) Ozmee 200/163/120 MDC 150 Minigoal 160

Response:

I’ve been on Paxil for almost 2 years, still get the sleepies from them.  And it isn’t a short nap.  If I give in and lay down in the afternoon, I could sleep for hours and hours if no one bothers to wake me.  It doesn’t bother me as much now, maybe I’ve just accepted it – gives me a nice excuse for a nap. <G Joyce – Hide quoted text — Show quoted text – I went to a doctor back around 1973 and she took one look at my fat self and said I must be depressed, and she put me on Estoril, a variation on Elavil. One dose  and I slept for 15 hours straight, missed a whole day’s work, never heard the alarm, slept all the next day, never called in.  Luckily my boss liked me and understood.  I never took another one.  So I understand the sleepiness! Supposedly it goes away if you stay on them long enough, like a couple of months.  Meanwhile you could get fired, or forget the baby someplace, or nod off driving. Carol Schmidt Hey Guys & Gals, I got to the doctor and he gave me something new to try for my depression. Effexor or something like that, because Zoloft made me sleepy the last time I took it.  It’s kind of like antihistamines.  If I just take one of those, I can hardly keep my eyes open for three days!  He did some blood work also to check my thyroid function as well as I requested a serum electrolytes. He thought I asked for it because of my sugar but that isn’t why.  Seems like this particular test can show if your body chemicals (I think) are out of whack, like sodium vs. potassium…I could be wrong but I swear that’s what I read.  They are also checking my cholesterol, but the one time I had it checked, I had a very low one which is a good thing.  I was very surprised as I was weighing in around 180-200 even then and I thought heavier people had higher cholesterol counts.  He said it must be hereditary.  So we will see what kind of cholesterol count I get back, am hoping it is still going to be a good one.  One reason I hope that is that my older sister has a very very high cholesterol count and the doctor has told her that she is a heart attack just waiting to happen.  She is 5′1 and I don’t know how much she weighs, but she is wide so you can guess what I mean, I’m not good at guessing weight for short people (no offense intended) or even somebody only 2" taller than myself.  I have tried to interest her in this program to no avail. Today my daughter passed me down a pair of jeans that were too big for her, they were 14’s and they fit me perfectly.  But while she was holding them up I was looking at the wideness of them and I guess you all know what I was thinking…’gee my butt is still wide’ hehehehe  Definitely NOT going to be residing at this weight for any longer than I absolutely have to! Today I got very lucky.  I found peanut butter chocolate skinny cows, a whole bunch of them at one store (well considering 10 might be a while bunch when you are lucky to find even one of them)…I bought two and also some fat free yogurt but it still said 1/2 cup is like 100 something calories, sheesh that’s 2 points if I’m not mistaken. Anyway, it was good.  I found the fat free philadelphia cream cheese and some more laughing cow cheese so we got both.  I also got a package of wheat pasta.  Has anyone tried that seminola pasta and is that just as good for you as the wheat?  I don’t think that I’ve ever had it but isn’t it made from corn?  Eyikes, too rich for me if so.  Let me know.  I also broke down and got some OR smart pop popcorn. I checked all the low fat brands there and theirs was the only one that stated precisely the calories and servings for one bag.  The others said ‘about’ this or that many servings.  That is too iffy for me, I need exact. That is why I haven’t cooked my angel food cake yet.  Even though it says 1/12th is a serving, what if I cut the stupid thing off-kilter.  Then I might get more than 1/12th, sigh…..or cheat myself out of some portion. I’ve got frozen strawberries for it but I am just hesitant to do it. My daughter has been bugging me to cook it but I’ve told her to shut up finally.  hehehe there is a chocolate cake she can make any time she gets ready. She keeps bugging me to taste this or that.  Today she bought some sides from the grocery store, potato salad and noodle salad and kept trying to get me to taste it.  Then she asks me to taste the koolaid she made (using sugar) and not thinking, I took a small sip.  She is definitely on my bad list.  Those tastes would undoubtedly end up being at least 1 point and I’m not wasting my points on a taste test for someone else, lol My question is about the Graham Crackers.  We looked at Honey Maid and the other, Quaker’s brand and one box says a serving is one cracker.  The other says like 7 squares.  Also there are differences in the caloric content and the fat content I believe, although I don’t know if just 1g of fat is that much worse or better.  I want to make those little snack things when I get some freezer room but am not sure which kind to buy, which one is the least calories and points?  I know we are not supposed to count calories but that gives you some kind of indication when you don’t have your points converter with you. So today was a good day and some good finds for me ;)  Got to have my snacks which makes me feel less like I’m dieting and more like I’m not :) Ozmee 200/163/120 MDC 150 Minigoal 160

Response:

I went to a doctor back around 1973 and she took one look at my fat self and said I must be depressed, and she put me on Estoril, a variation on Elavil. One dose  and I slept for 15 hours straight, missed a whole day’s work, never heard the alarm, slept all the next day, never called in.  Luckily my boss liked me and understood.  I never took another one.  So I understand the sleepiness! Supposedly it goes away if you stay on them long enough, like a couple of months.  Meanwhile you could get fired, or forget the baby someplace, or nod off driving. Carol Schmidt – Hide quoted text — Show quoted text – Hey Guys & Gals, I got to the doctor and he gave me something new to try for my depression. Effexor or something like that, because Zoloft made me sleepy the last time I took it.  It’s kind of like antihistamines.  If I just take one of those, I can hardly keep my eyes open for three days!  He did some blood work also to check my thyroid function as well as I requested a serum electrolytes. He thought I asked for it because of my sugar but that isn’t why.  Seems like this particular test can show if your body chemicals (I think) are out of whack, like sodium vs. potassium…I could be wrong but I swear that’s what I read.  They are also checking my cholesterol, but the one time I had it checked, I had a very low one which is a good thing.  I was very surprised as I was weighing in around 180-200 even then and I thought heavier people had higher cholesterol counts.  He said it must be hereditary.  So we will see what kind of cholesterol count I get back, am hoping it is still going to be a good one.  One reason I hope that is that my older sister has a very very high cholesterol count and the doctor has told her that she is a heart attack just waiting to happen.  She is 5′1 and I don’t know how much she weighs, but she is wide so you can guess what I mean, I’m not good at guessing weight for short people (no offense intended) or even somebody only 2" taller than myself.  I have tried to interest her in this program to no avail. Today my daughter passed me down a pair of jeans that were too big for her, they were 14’s and they fit me perfectly.  But while she was holding them up I was looking at the wideness of them and I guess you all know what I was thinking…’gee my butt is still wide’ hehehehe  Definitely NOT going to be residing at this weight for any longer than I absolutely have to! Today I got very lucky.  I found peanut butter chocolate skinny cows, a whole bunch of them at one store (well considering 10 might be a while bunch when you are lucky to find even one of them)…I bought two and also some fat free yogurt but it still said 1/2 cup is like 100 something calories, sheesh that’s 2 points if I’m not mistaken. Anyway, it was good.  I found the fat free philadelphia cream cheese and some more laughing cow cheese so we got both.  I also got a package of wheat pasta.  Has anyone tried that seminola pasta and is that just as good for you as the wheat?  I don’t think that I’ve ever had it but isn’t it made from corn?  Eyikes, too rich for me if so.  Let me know.  I also broke down and got some OR smart pop popcorn. I checked all the low fat brands there and theirs was the only one that stated precisely the calories and servings for one bag.  The others said ‘about’ this or that many servings.  That is too iffy for me, I need exact. That is why I haven’t cooked my angel food cake yet.  Even though it says 1/12th is a serving, what if I cut the stupid thing off-kilter.  Then I might get more than 1/12th, sigh…..or cheat myself out of some portion. I’ve got frozen strawberries for it but I am just hesitant to do it. My daughter has been bugging me to cook it but I’ve told her to shut up finally.  hehehe there is a chocolate cake she can make any time she gets ready. She keeps bugging me to taste this or that.  Today she bought some sides from the grocery store, potato salad and noodle salad and kept trying to get me to taste it.  Then she asks me to taste the koolaid she made (using sugar) and not thinking, I took a small sip.  She is definitely on my bad list.  Those tastes would undoubtedly end up being at least 1 point and I’m not wasting my points on a taste test for someone else, lol My question is about the Graham Crackers.  We looked at Honey Maid and the other, Quaker’s brand and one box says a serving is one cracker.  The other says like 7 squares.  Also there are differences in the caloric content and the fat content I believe, although I don’t know if just 1g of fat is that much worse or better.  I want to make those little snack things when I get some freezer room but am not sure which kind to buy, which one is the least calories and points?  I know we are not supposed to count calories but that gives you some kind of indication when you don’t have your points converter with you. So today was a good day and some good finds for me ;)  Got to have my snacks which makes me feel less like I’m dieting and more like I’m not :) Ozmee 200/163/120 MDC 150 Minigoal 160

Response:

Hey Guys & Gals, I got to the doctor and he gave me something new to try for my depression. Effexor or something like that, because Zoloft made me sleepy the last time I took it.  It’s kind of like antihistamines.  If I just take one of those, I can hardly keep my eyes open for three days!  He did some blood work also to check my thyroid function as well as I requested a serum electrolytes. He thought I asked for it because of my sugar but that isn’t why.  Seems like this particular test can show if your body chemicals (I think) are out of whack, like sodium vs. potassium…I could be wrong but I swear that’s what I read.  They are also checking my cholesterol, but the one time I had it checked, I had a very low one which is a good thing.  I was very surprised as I was weighing in around 180-200 even then and I thought heavier people had higher cholesterol counts.  He said it must be hereditary.  So we will see what kind of cholesterol count I get back, am hoping it is still going to be a good one.  One reason I hope that is that my older sister has a very very high cholesterol count and the doctor has told her that she is a heart attack just waiting to happen.  She is 5′1 and I don’t know how much she weighs, but she is wide so you can guess what I mean, I’m not good at guessing weight for short people (no offense intended) or even somebody only 2" taller than myself.  I have tried to interest her in this program to no avail. Today my daughter passed me down a pair of jeans that were too big for her, they were 14’s and they fit me perfectly.  But while she was holding them up I was looking at the wideness of them and I guess you all know what I was thinking…’gee my butt is still wide’ hehehehe  Definitely NOT going to be residing at this weight for any longer than I absolutely have to! Today I got very lucky.  I found peanut butter chocolate skinny cows, a whole bunch of them at one store (well considering 10 might be a while bunch when you are lucky to find even one of them)…I bought two and also some fat free yogurt but it still said 1/2 cup is like 100 something calories, sheesh that’s 2 points if I’m not mistaken. Anyway, it was good.  I found the fat free philadelphia cream cheese and some more laughing cow cheese so we got both.  I also got a package of wheat pasta.  Has anyone tried that seminola pasta and is that just as good for you as the wheat?  I don’t think that I’ve ever had it but isn’t it made from corn?  Eyikes, too rich for me if so.  Let me know.  I also broke down and got some OR smart pop popcorn. I checked all the low fat brands there and theirs was the only one that stated precisely the calories and servings for one bag.  The others said ‘about’ this or that many servings.  That is too iffy for me, I need exact. That is why I haven’t cooked my angel food cake yet.  Even though it says 1/12th is a serving, what if I cut the stupid thing off-kilter.  Then I might get more than 1/12th, sigh…..or cheat myself out of some portion. I’ve got frozen strawberries for it but I am just hesitant to do it. My daughter has been bugging me to cook it but I’ve told her to shut up finally.  hehehe there is a chocolate cake she can make any time she gets ready. She keeps bugging me to taste this or that.  Today she bought some sides from the grocery store, potato salad and noodle salad and kept trying to get me to taste it.  Then she asks me to taste the koolaid she made (using sugar) and not thinking, I took a small sip.  She is definitely on my bad list.  Those tastes would undoubtedly end up being at least 1 point and I’m not wasting my points on a taste test for someone else, lol My question is about the Graham Crackers.  We looked at Honey Maid and the other, Quaker’s brand and one box says a serving is one cracker.  The other says like 7 squares.  Also there are differences in the caloric content and the fat content I believe, although I don’t know if just 1g of fat is that much worse or better.  I want to make those little snack things when I get some freezer room but am not sure which kind to buy, which one is the least calories and points?  I know we are not supposed to count calories but that gives you some kind of indication when you don’t have your points converter with you. So today was a good day and some good finds for me ;)  Got to have my snacks which makes me feel less like I’m dieting and more like I’m not :) Ozmee 200/163/120 MDC 150 Minigoal 160

Response:

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Category: Accounting
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Accounting Talk » Financial Accounting » WORK IN PROGRESS FOR CONSTRUCTION COMPANIES REPEATED!!!!!

WORK IN PROGRESS FOR CONSTRUCTION COMPANIES REPEATED!!!!!

Question:

ALL REPLIES WERE DELETED BEFORE I CHECKED BACK AT THIS BOARD!!!!!! PLEASE AGAIN, ANY INFO ON HOW CONSTRUCTION COMPANIES SHOULD REPORT THEIR WORK IN PROGRESS NUMBER ON A MONTLY BASIS???? ANY GOOD DESCRIPTIONS FOR THE BEST WAY TO EVALUATE PERCENTAGE OF COMPLETION ON CONTRACT WORK? WHEN EVALUATING THE PERCENTAGE OF COMPLETION NUMBER,  DOES ANYONE BURDEN THESE COSTS WITH OVERHEAD? AT THIS TIME I USE   (COST X  OVERHEAD) LESS AMOUNT PREVIOUSLY INVOICED TO GET A WORK IN PROGRESS NUMBER.   IF I HAVE EXCESS BILLING, THEN I HAVE A NEGATIVE NUMBER ADDED TO MY MONTHLY WORK IN PROGRESS NUMBER.   THIS NUMBER IS UNDER ASSETS AS AN INVENTORY ITEM.   THE OFFSETTING ENTRY IS A LIABILITY UNDER COST OF GOODS SOLD. ANYONE HAVE SUGGESTIONS ON THE BEST WAY TO DEAL WITH THIS ENTRY?  HOW WOULD YOU SUGGEST THESE ENTRIES BE MADE ON A FINANCIAL STATEMENT.  LITERALLY WHAT WOULD YOU NAME THE ACCOUNTS ON THE BALANCE SHEET AND THE PROFIT AND LOSS STATEMENT???? THANKS AHEAD OF TIME FOR YOUR ASSISTANCE.

Response:

What type of construction compnany are these transactions specifying? Are the construction functions labor intensive, equipment, subcontracts? Do you use AIA G702 forms for payment? Are you calculating this from an accounting function or  field production! ALL REPLIES WERE DELETED BEFORE I CHECKED BACK AT THIS BOARD!!!!!! PLEASE AGAIN, ANY INFO ON HOW CONSTRUCTION COMPANIES SHOULD REPORT THEIR WORK IN PROGRESS NUMBER ON A MONTLY BASIS???? ANY GOOD DESCRIPTIONS FOR THE BEST WAY TO EVALUATE PERCENTAGE OF COMPLETION ON CONTRACT WORK?

Depends on your productivity unit, MH (manhours), LS (lump sum), EA(each), TN(ton),etc.  This is actually dependent on your est vs you actual quantity or percentage completed. WHEN EVALUATING THE PERCENTAGE OF COMPLETION NUMBER,  DOES ANYONE BURDEN THESE COSTS WITH OVERHEAD?

Ocourse, you will probablyuse this for billing purposes, especially if you use AIA. You could break it down but it is not necessary. AT THIS TIME I USE   (COST X  OVERHEAD) LESS AMOUNT PREVIOUSLY INVOICED TO GET A WORK IN PROGRESS NUMBER.   IF I HAVE EXCESS BILLING, THEN I HAVE A NEGATIVE NUMBER ADDED TO MY MONTHLY WORK IN PROGRESS NUMBER.   THIS NUMBER IS UNDER ASSETS AS AN INVENTORY ITEM.   THE OFFSETTING ENTRY IS A LIABILITY UNDER COST OF GOODS SOLD.

Need more information on "Cost of Goods Sold" in the construction industry. Do you keep an inventory of stock construction material? ANYONE HAVE SUGGESTIONS ON THE BEST WAY TO DEAL WITH THIS ENTRY?  HOW WOULD

This entry would be possibly reversed at the end of the project. YOU SUGGEST THESE ENTRIES BE MADE ON A FINANCIAL STATEMENT.  LITERALLY WHAT WOULD YOU NAME THE ACCOUNTS ON THE BALANCE SHEET AND THE PROFIT AND LOSS STATEMENT???? THANKS AHEAD OF TIME FOR YOUR ASSISTANCE.

Remember, when you use capital letters readers assume you are HOLLERING!

Response:

What software are you using? – Hide quoted text — Show quoted text – ALL REPLIES WERE DELETED BEFORE I CHECKED BACK AT THIS BOARD!!!!!! PLEASE AGAIN, ANY INFO ON HOW CONSTRUCTION COMPANIES SHOULD REPORT THEIR WORK IN PROGRESS NUMBER ON A MONTLY BASIS???? ANY GOOD DESCRIPTIONS FOR THE BEST WAY TO EVALUATE PERCENTAGE OF COMPLETION ON CONTRACT WORK? WHEN EVALUATING THE PERCENTAGE OF COMPLETION NUMBER,  DOES ANYONE BURDEN THESE COSTS WITH OVERHEAD? AT THIS TIME I USE   (COST X  OVERHEAD) LESS AMOUNT PREVIOUSLY INVOICED TO GET A WORK IN PROGRESS NUMBER.   IF I HAVE EXCESS BILLING, THEN I HAVE A NEGATIVE NUMBER ADDED TO MY MONTHLY WORK IN PROGRESS NUMBER.   THIS NUMBER IS UNDER ASSETS AS AN INVENTORY ITEM.   THE OFFSETTING ENTRY IS A LIABILITY UNDER COST OF GOODS SOLD. ANYONE HAVE SUGGESTIONS ON THE BEST WAY TO DEAL WITH THIS ENTRY?  HOW WOULD YOU SUGGEST THESE ENTRIES BE MADE ON A FINANCIAL STATEMENT.  LITERALLY WHAT WOULD YOU NAME THE ACCOUNTS ON THE BALANCE SHEET AND THE PROFIT AND LOSS STATEMENT???? THANKS AHEAD OF TIME FOR YOUR ASSISTANCE.

Response:

ALL REPLIES WERE DELETED BEFORE I CHECKED BACK AT THIS BOARD!!!!!!

To review the archives, click on the following: — Jim Hudspeth, CPA – http://jim.hudspeth.com – Washington, USA

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ALL REPLIES WERE DELETED BEFORE I CHECKED BACK AT THIS BOARD!!!!!! To review the archives, click on the following:

That didn’t work.  Try the following: — Jim Hudspeth, CPA – http://jim.hudspeth.com – Washington, USA

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Accounting Talk » Accounting Software » Parish Accounting Software

Parish Accounting Software

Question:

Looking for recommendations on good Y2K complaint accounting software for a catholic parish. — Mike Tate

Response:

Looking for recommendations on good Y2K complaint accounting software for a catholic parish.

Believe it or not….Quickbooks. I set the parish and the parish school up on it about a year and a half ago and QB has worked perfectly. I assume your diocese has a recommended (required) chart of accounts; just dump ‘em into QB and you’re off. — Steve "Our chief weapons are fear, surprise, ruthless efficiency, an almost fanatical devotion to the pope and nice red uniforms."

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Accounting Talk » Finance Accounting » How Do I Become A Comerical Airline Pilot

How Do I Become A Comerical Airline Pilot

Question:

    Here’s something to consider.  No matter what college you go to (ERAU, UND, etc.) you should have an accredited 4 year degree and at least a CFI when you finish.  I chose St. Cloud State University in St. Cloud, Minnesota.  Partly because the location was close to home and partly because the cost was very reasonable.  However, I do believe you get what you pay for.  I would assume that at ERAU or UND, you would have more facilities at your fingertips…these universities cost more.  When is all said and done, you will have a Bachelor (or equivilent) degree from an accredited university and have the same ratings as everyone else.  The end result is the same.     I am not totally convinced that if you go to a school that costs more, you will have more job opportunities.  I am convinced that you should major in something other than professional flight.  It only works to your benefit. Many airlines, for example, like to see management skills in their pilots. My particular degree is in Aviation Management.  So now I supposidly have management skills.  I have also backed myself up.  I take good care of myself, but that doesn’t mean I’d never have a heart attack.  I believe that you would probably me more employable if you spent your college years doing something else besides flying, ie management or marketing.     It IS a long hard road.  It IS worth it if you can stick with it. Everyone starts with zero flight hours.  Everyone in one form or another "pays their dues".  (I worked the line for 2.5 years).  You have to love it. Otherwise, aviation (or any job really) is highly unprofitable. Kevin Morris, CFI — "We’re always student pilots."

Response:

Hi, I am a high school student living in Canada that is interested in becoming an airline pilot but I do not know the best way to get there. I know that there are many ways to do it.(post secondary education, ATP schools, military) I would like some opinons of anyone who has become a pilot on what is the best way? Also what are the up’s and down’s of becoming a pilot. Thanks Chris28

Response:

Goto college, get a job, spend money on learning to fly and getting ratings. Become an instructor when you have 250+ hours, find students, teach them to fly. Spend money earned as instructor on multi-engine time, get ratings, build time. Graduate from college. When at 1000/100, apply to commuter airlines, and get hired. Few years at commuter, become captain, apply to major. Get hired, work for few years, become captain.  Easy, eh? Definetely get a degree. Aviation is really competitive and seems to me not having a degree is already one strike against you at the interview. To get there it is long and hard. If you want to be in the airlines, you will need to get up to 1000 hours or so w/ 100+ hours of multiengine to get an interview with a commuter airline(right now anyways…) Most people aren’t independently wealthy so the do this by becoming a flight instructor. Or…you can go into the military, which carries a 8 yr commitment past training if you fly jets. (for the Navy anyway…) Nice thing is that you get into high-performance aircraft pretty quick, have a decent steady income from the start, and might get to do some cool stuff like pulling 8 g’s and landing on carriers. But to be a pilot in the military, you need a 4-yr degree…which Uncle Sam will pay for if you go ROTC or to an Academy. Either way, its hard and takes lots of commitment. You definetely have to really have a passion for it. Ups would be that if you love flying, you may eventually get paid enough to do what you love everyday without going broke. – Hide quoted text — Show quoted text – Hi, I am a high school student living in Canada that is interested in becoming an airline pilot but I do not know the best way to get there. I know that there are many ways to do it.(post secondary education, ATP schools, military) I would like some opinons of anyone who has become a pilot on what is the best way? Also what are the up’s and down’s of becoming a pilot. Thanks Chris28

Response:

Mike, Are you sure Purdue won’t accept your PP-ASEL?  I was given a tour of their facilities by one of the aviation counselors, and she said my PP would be accepted, no questions asked. — Chad Kintz C-172 "The are no shortcuts to any place worth going."–Beverly Sills

– Hide quoted text — Show quoted text -I was leaning towards Purdue, but then I heard that they won’t recognize my Private.

Response:

  Same, I’ve never heard of anybody who had a Private when they came in here not have it accepted.                                                                     Dan Silbaugh   PS-I can think of at least six guys who had their privats before they came here to Purdue, and it was accepted. – Hide quoted text — Show quoted text – Mike, Are you sure Purdue won’t accept your PP-ASEL?  I was given a tour of their facilities by one of the aviation counselors, and she said my PP would be accepted, no questions asked. — Chad Kintz C-172 "The are no shortcuts to any place worth going."–Beverly Sills I was leaning towards Purdue, but then I heard that they won’t recognize my Private.

Response:

Not sure about Canada but in the U.S. a "college degree" is pretty much required for gainful employment.  I quote "college degree" because let’s face it, a degree from ERAU isn’t the same as a  certificate from many U.S. accredited colleges.  The coursework may include airport management and 727 systems studies but it probably doesn’t encompass accounting (serious), finance or any of the broad range of studies required by many colleges for graduation. The argument goes "if it doesn’t work out in aviation, I can always try something else". Major U.S. airlines consistenty hire qualified applicants with a degree in "basket weaving".  I don’t detract, however, the possibility of numerous contacts possibly gained from entering a curricullum involving strictly aviation.  Unless you’re born from military blood the "who you know" factor is extremely important, especially in commercial aviation.  I work for a regional airline and the ranks are filled with personnel lacking higher education. Those without it are long for advancement in the short term.  My advice is to attend a State College and seek the military route (assuming your physical condition is acceptable).  Many of my former colleagues insist the military is begging for pilots.  If this does not work out, you can always train civilian.

Response:

Many of my former colleagues insist the military is begging for pilots.

Only if you plan to drive Amtrak’s for several years beforehand. This is the information that I have, at least.

Response:

I agree that lots of paths to the left seat of a 121 carrier, but some givens are very necessary. If you are in High School and you want to fly then get yourself to the local airport. If you can get a job at that airport pumping gas as a lineman(or line person) then do so if you can’t then hang around and learn all you can.  Read every book you can in the library about flying and start a notebook of knowledge. A college degree is a must for the company I now fly for. Get a degree in any subject you choose. I recieved a degree in aviation flight technology from a very small college in Missouri. I became a flight instructor while in college and looking back was the most valuable training I ever received.  In retrospect I wish I had a degree in an area outside of aviation just in case you get furlowed or your medical isn’t renewed. I went in the Navy and my requirment after wings was 4.5 years and now the time requiment has been raised to 8 years and you aern’t going to get the same amount of flight time that we did in the past. The military was a great training ground but some civilian training helped me get on with the airlines.If you evaluate the time requiments after you get your wings and like the military outlook then go that route. Match your age to your goals and develope a game plan for your future. Learn about the various airlines and how many people they will have retiring in the future. Look at the past growth and expansion that the carrier has had and evaluate its future. You have a lot of work ahead of you but the future is very bright for the next 12 years in the major airlines. Best of Luck, Captain Kent  

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