Use this template to create a list of suppliers which you can then populate each month with invoice details. The template then walks you through the review and approval process which I spell out for you here. Because, of course, you should be reviewing and approving invoices–you don’t want to just pay them blindly. Payables …
If you cannot tell from my images, I love Excel. It’s G-d’s gift to accountants. Actually, it’s G-d’s gift to anyone faced with financial tasks. Like you for instance! Excel’s divine origins notwithstanding, when you are working with a large, complicated file with multiple tabs, calculations and the like, it’s really easy for errors to …
I review contracts all the time. Some of these are created by my company (e.g. a sales team member sends me a draft to review before they send it to a client) and some we receive from suppliers or customers. And every so often, I come across an error of a particular type: Document Pollution. …
I got a call from a friend a few weeks back. Let’s call her…Fifi. (She’ll like that). Fifi manages the customer support team of a SaaS company. The company wanted to roll out a bonus program for the team; Fifi had to come up with a structure for the program, that is, how bonuses would …
Real World Applications: Developing a Bonus Plan Read More »
“Why talk about what we want? That is childish. Absurd. Of course, you are interested in what you want. You are eternally interested in it. But no one else is. The rest of us are just like you: we are interested in what we want. So the only way on earth to influence other people …
Recently, I asked Uriel Shuraki of Made in JLM, for post ideas. He immediately responded with a request for an article about the difference between a price quote, a pro-forma invoice, a tax invoice and a receipt. No problem! said I. Of course, I soon realized that one could write a full article about each one. …
So, remember a post or two back, we talked about intangible assets? And how some types of intangible assets are protected by law? Well, the corollary to that is that other types aren’t. That’s right! There is nothing, NOTHING, standing between you and everyone in the whole wide world knowing the top-secret ingredient list of …
Loose Lips Sink Chips! Non-Disclosure Agreements Read More »
First, writing. Don’t. Just do not write employee contracts templates. Step away from that computer. Have your legal counsel do it instead. Unless you are a lawyer, in which case I’ll allow it.
A short post, containing a few basic definitions. This post probably should have come first, now that I think about it. The below is intended to give you guidelines and a feeling for what is what, as opposed to setting down hard rules that you will be tested on at some later date. No testing …
What are Accounting, Operations & Administration Read More »
Close to 30 years ago, I worked as a bank teller. This was, hands down, one of the worst jobs I have ever had, surpassed only by my blessedly brief career as a vacuum cleaner salesman. Nonetheless, I did take three important and ultimately influential life lessons out of my time there. If you are …
Working with an External Payroll Provider or an Internal Payroll Controller Read More »
