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Does Your First Accountant Need the CPA or CMA Designation?About 99% of the time, I fire my client’s outsourced bookkeeping service and replace them with our first accountant or accounting manager. My requirements are
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Always Do This When Adding a New General Ledger AccountThere’s an old accounting saying from the 1980s that goes something like, “Never let an accountant or bookkeeper create or update your chart of accounts.”
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I Hate Journal EntriesI’ve always hated journal entries (JEs). Fellow controllers with deep backgrounds in technology and operations management know where I’m coming from. But how can I
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The Reason Your Outsourced Bookkeeper Is Failing YouI have nothing against outsourcing bookkeeping in a very small business. I don’t want my clients to do it because their accounting is too tightly
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What Are Accounting System Taxonomies?
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Four Tips for NonProfit AccountingIn 1993, I did something bad. I moonlighted. However, I never asked if I could or couldn’t moonlight; I just did. To provide some context,
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What is a Job Scorecard?When Dr. Brad Smart released his book Topgrading, I was all in. Not because he gave us anything new, he didn’t. Instead, his book was
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The Typical Size of an Accounting DepartmentAny business has only three relevant and critical functions: marketing, sales, and operations. I’m including post-sales customer support in operations. Everything else in the company
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How to Merge QuickBooks GL AccountsAbout This Video I’ve never been a fan of QuickBooks because it’s designed for non-accountants, which means it’s messy from the start of its setup.
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What I Expect From Accounting ManagersI do not especially like writing about accounting on this platform. However, I have to because the accounting department has historically been a partial trainwreck
