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Accounting Uncategorized

4 Best Practices for a Better Month-End Close in the New Year

Accountants have differing opinions on a wide variety of issues, but the month-end close isn’t one of them. 82 percent...

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Leading athlete engagement software skyrockets productivity with FloQast

Founded in 2004, Teamworks is a web and mobile-based solution that helps Division I collegiate and professional sports organizations communicate,...

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Stack Overflow: FloQast Lets Me Sleep at Night

When we created FloQast, our goal was to help accounting departments close the books faster. Over time, however, we found...

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How Do You Book a Deferred Commission Journal Entry under ASC 606?

New revenue standard ASU 2014-09 Topic 606 (ASC 606) will significantly change revenue recognition for many of us, across all...

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How Do You Book a Payroll Journal Entry?

Payroll is probably one of the most common journal entries – and one of the most common for pitfalls and...

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How Do You Book a Revenue Recognition Journal Entry under ASC 606?

ASU 2014-09 Topic 606 (ASC 606) codifies new revenue rules for virtually all industries.  It went into effect for private...

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How Do You Book Stock Compensation Expense Journal Entry?

Stock options are a common way to attract, incentivize, and retain great employees.  But recording stock compensation expense on your...

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How Do You Book a Capitalized Software Journal Entry?

If your company is unable to find off-the-shelf software that meets its needs, you may have employees or contractors building...

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Graduating From Amplify.LA & Good Problems

10 months and 16 days.   Our time at Amplify.LA has come to a close, it only took 10 and a...

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5 Tips for Every Controller Closing the Books

Closing the books is a process than can constantly be improved.  The first step in improving your process is asking...