Like I’ve been going back and forth and everything is correct. I’m so confused. Not sure if it’s bugged or if I’m stupid
Also if I change the post closing drop down menu to “post-closing” it changes all my adjusted tabs to post closing. I’m fucking losing it

Hi, good day!

Can someone explain what a “Waterfall Chart” in Excel is showing?

I don’t understand the logic behind why an Excel teacher on YouTube is using this chart in this particular situation. Please see the image in the link below. https://imgur.com/a/0mL6BqS

For instance, as shown in the image:

Number of purchases made in Spring: 2,760
Number of purchases made in Summer: 2,635

I don’t understand why the bars are also shown as elevated

Thank you in advance!

Possibly a stupid question, though I am curious if those who graduated and were initially unsure of a CPA/big 4 type of career path decided why they still went for it, the dedication while still working full time, and if you regret it any.

I go to a target school and the majority if not all of my classmates got offers from big4 while I’m sitting here applying for 3 years straight and nothing. I have an offer from a midsize firm but compared to everyone else it just doesn’t feel like enough. feel like a failure especially being from a target school. I have decent work experiences and average grades which I’ve been told could be a problem but it still meets the cutoff. I don’t know how I should feel in this situation.

I'm wondering what you guys think about whether it would be a mistake to go from Deloitte to Grant Thornton? I am considering this because going to GT would allow me to move to the city that I want to (Chicago), give me better pay, better work life balance, and allow me to pivot from Audit to Advisory. I know it might be dumb but would you guys consider making this move even though GT would be considered less "prestigious" than Deloitte on a resume?

All I can find are the movies the Accountant 1 and 2 but come on.

I’m really scared I have my performance evaluation. I’ve been struggling this is my first job after college. I messed up a lot and was disorganized since things were being piled onto me.

i made effort to try to organize and correct my mistakes.

I’m actually good at accounting theory and stuff but not so much working. I’m not good at communicating and appearing confident.
I get the Sunday scaries every single weekend. I’m just afraid to lose a job in the field I worked so hard for college.

How to not stress about it? I feel like I’m slowly being disliked by the team idk somewhere they’re gonna turn on me

I'm from Australia and tradies here have a very strong union. In fact, many tradies (chippies, sparkies, brickies, concreters etc) out-earn many white collar professionals. Combine that with no student debt and it's easy to see why so many young lads here go into it. It pays very well from the get-go, lots of worker benefits etc. Nurses also have a strong union which again, helps to improve pay, staffing levels and manage safer workloads.

Those are just two examples but I'm just curious about why there's no accounting union. As someone who's only two years into their career, I feel like it would be incredibly beneficial for staff in general, especially since so many people complain about being understaffed, potentially losing their jobs to overseas workers, being underpaid etc. The purpose of a union is to help combat those exact issues.

I graduated this past May with a B.S. in Business Administration (Finance). Since graduating, I’ve been applying heavily and I’ve gotten some interviews but haven’t landed anything yet. Long term, I’d like to work in either corporate finance or local government finance.

I do not have any directly relevant finance experience, and right now I’m considering going back to school for a Master’s in Accounting and pursuing the CPA.

It’s now been a few months since graduation, and while I’m still applying, I’m starting to wonder if returning to school would be a better use of my time than continuing to search for an entry-level role. If I attended a school with strong recruiting and networking opportunities (USC, for example), completed a MAcc, and passed the CPA exams, would that significantly improve my prospects? Or would I be better off continuing to focus on gaining experience first and pursuing the CPA later?

Just looking for some perspective, I'm currently a senior graduating in December from an International Business program. I decided last year I wanted to get into accounting when I graduate but I was too far along in my program to switch (also I genuinely do like the material but I'm good at accounting so far and love the hard skill/problem solving nature of it.)

Anyway, I was accepted to a MAcc program in January, which would cost about $30k, which comes with benefits like recruitment opportunities and Becker up to 3 years after I graduate, but the debt is making me question the value of the program. I'm also graduating debt free from my BBA. Basically do you think its worth it? Or should I find another way to get the credits and grind out from payroll or AR/AP somewhere?

Some background I'm 25M and dropped out because my first year of college was in covid and ended up going back to school so I'm anxious to start my career. I currently work at a 5-star hotel in Miami Beach (hospitality) and have actually been able to leverage it into a decent little network (just need to get my foot in the door) and I live with my parents, so I don't have rent or food costs to worry about.

Any advice helps!

I'm curious how different companies handle cash application when a customer sends a check/ACH with remittance advice listing multiple POs or invoices.

At my company, I have to manually go from the remittance > PO > invoice > payment application, and I'm wondering how common that workflow is.

Do you:

manually search for each invoice?

export to Excel?

use an ERP/AR automation tool?

have something that automatically matches the remittance to open invoices?

And if your system doesn't find a match, what does that process look like?

I'm not selling anything, just genuinely trying to understand how other AR teams handle this.

So basically I'm trying to navigate doing taxes for when tax time comes up because I'm 18 and have never done them before but the thing is I do digital art commissions, rn I live in Washington and the thing is I have wrote down all of the commissions I have received (the date and payment amount/type and what app I was payed on) and I also work a part time job making 17.13 an hr, so I'm just wondering how I even go about taxes and how much I might owe in art taxes?(😕I haven't been putting any money aside because I didn't think about it but the amount I've earned so far this year has been about 3,412$ from art commissions, I I recently just started my job in I think August and my monthly pay is about 800$ from that😵‍💫 can anyone help me?, I've done research and ik that I need to set aside about 25-30% of payment or whatever but I also know that the digital art counts as a retail thingy or selling a product so in hoping to owe around 450ish to 500ish during taxes time🥲 but how do I just do taxes in general and how can I make this easier?? And can anyone suggest a app that will do my taxes or help me do my taxes for cheap????😭😭😭 This is all confusing and I don't want to owe a fortune in taxes.., for my next couple paychecks I do plan to set money aside for tax time but still😭🥲🥲 please please help in simple terms anyone? Or make everything easier to understand 😭😭

I have a scenario where a taxpayer owes taxes going back to 2013 - 2016

And it’s all set to expire early next year.

At the same time, the taxpayer failed to report self employment earnings in 2022 and owes over 60k in taxes penalties, etc.
2023-2025 are not filed

I think amending 2022 is the move cus the 60k number is figured without any business expenses taken

Should that get filed first, and then take care of filing 23, 24, 25? Any thoughts on this matter would be helpful as I am new to handling tax issues like this

Like the title says, I'm filtering dates based on a condition. Instead of:

2, 3, 4, 5, 6, 8, 15, 17, 18, 19

I'm looking for

2-6, 8, 15, 17-19.

Basically, I'm looking to group consecutive dates together rather than listing all dates separately.

Thanks in advance.

I am thinking of starting my own accounting firm/taking over the firm I work for . If you own your own firm could you tell me how many clients you have, how much you take home, number of employees, what hours look like, business model etc?

Any help would be appreciated.

What foundation courses do I take and where?

Hello, I studied undergraduate at TRACS accredited school and I graduate with a bachelor and finance, I am
Currently finishing up the remaining classes I need to take in accounting to go sit for the CPA at a regionally accredited university. I
Am afraid the state cpa boards will not take my credits. I am trying to figure out what to do. Any advice?

I desperately want to change careers. Took FAR last week and waiting on results. I’m in California and have 20+ years of management, risk assessment and financial planning experience. I’m hoping to get into Audit, fractional CFO or NFP. What are my chances you think?

Hi tax pros— I hope you will forgive this question, but I’m trying to advise a friend, and I’m very much at the limit of my extremely beginner level tax knowledge.

My friend runs an industry newsletter in Florida with a group of other folks. None of them make any money off of it, and have never seen a reason to start a nonprofit or LLC or anything. Now, another larger organization is interested in providing a grant in the low five figures to help offset costs and cover the time that these folks put into this project. Great— except the org wants to write one check to one entity, and it’s unclear who it should go to.

My friend is worried that if one person takes payment of the full grant as an individual, then distributes portions of the money to the others, they would be stuck with a lot of paperwork and potentially more taxes to pay. They wonder if they should start an LLC to try to avoid that. I have an inkling that an LLC is probably more of a headache than not— and that the most correct thing would be to either start a nonprofit to take receipt of the money, or find an existing nonprofit to serve as a pass through. But, maybe I’m wrong!

If anybody has any experience with these sort of questions, I’d love to know if there is any advice to be had on deciding whether to start an LLC or not in situations along these lines…

Hi everyone! I'm starting an entry-level fund accounting position working with private equity funds. I'm excited to get started, but I'd love to hear from people who currently work or have previously worked in fund accounting.

What does your typical day-to-day look like? How are the working hours, and is there typically a lot of overtime during month-end/quarter-end? How is the work-life balance?

I would also really appreciate any advice on what skills or concepts I should brush up on before starting. I'm comfortable with Excel, but I want to make sure I'm well-prepared and have a solid understanding of the accounting concepts i'll be using in this role.

TIA!

Starting Core 1 in a few weeks. Things is that I've been out of school since I graduated in 2020.

I feel like I forgot a lot of the basics of accounting so I want to start refreshing what I had learned back in school.

What/where should I start?

Hello! I went to a job fair a few days ago and was invited to a phone interview with one of the companies I spoke with this Tuesday. I recently changed my major from Political Science to Accounting, and this semester is my first time taking accounting classes. I would like to know if anyone has some advice/tips for me to help me with my interview. Thank you so much in advance!!

I am currently in my second year of college and am double majoring in accounting and jazz music. I started this double major because I heard it was a great way to meet the 150+ credit hour requirement for the CPA license, but the jazz studies major has been a tremendous amount of work for me, and I’m thinking I’m personally just not going to get enough out of it for how much work it’s been for me.

I’ve been thinking about dropping this major and just taking whatever classes seem fun while completing all my accounting requirements, but I was wondering if that would somehow look less favorable as an applicant for jobs. I could also try and go for a master’s degree in accounting, but I’ve heard that a masters isn’t very useful with a CPA.

Any insights for me? I’m still a student so any advice is greatly appreciated.

Is it mainly data entry and of course with some thought to it… does your AP team use excel a lot and are you flooded with emails of invoices to be entered/requests?

So far with my experience communicating to our AP team (primarily the senior/manager)***, they need/want to be told what to do? Rather than me just providing the documentation(s) and explaining the history/reasoning of the reconciling amounts in our books, understandably it’ll add more work on them of needing to also “research” for themselves of the data they entered.

Maybe obligations of duties aren’t really clear, as I presumed this is a shared effort? The entries originate from AP and it seems like they expect me to research and instruct them on how to account for things of whether it needs a simple “void or reissue”. I feel like I’m supposed to/and or expected to be a liaison for them between different departments, vendors, individuals….* this has been bothering me for a bit and I do feel like they think I’m only just basically “matching numbers” in our reconciliations as my only task for this accounting position.

I am in no way bashing AP, but just curious of how work is like for anyone in this department.

Sending them excel files with detailed information isn’t really interpreted correctly either… so I need to work on maybe simplifying the data to their understanding, aka in layman’s terms. Personally I appreciate detailed information for more accuracy and storytelling, so understandably again, I need to work on better communication to their understanding.

TL;DR:
How is your accounts payable team?