Reddit accounting

Users share their experiences and opinions on various accounting software options, such as QuickBooks, Xero, Wave, and Zoho. See the pros and cons, features, and integrations of …

Reddit accounting. Accounting is a very practical skill set that will benefit you in literally any path of life to varying degrees. I was lazy as shit in college and public accounting helped me develop a work ethic. And I actually do enjoy accounting to some degeee. I liked the majority of the classes, and the fundamentals of accounting are interesting to learn.

Do the answers for the 3rd edition exist? 1. Zealousideal_Salt399. • 1 yr. ago. U absolute legend saved are whole class. Winter-Bass-1774. • 7 mo. ago. ik this is an old post but do u have the answers for the cambridge outcomes.

For small business accounting, QuickBooks or NetSuite are the best tools as it ensures that you can manage your medical practice finances in an accurate manner. However, managing all this in-house might be difficult for your business so you can go for outsourcing services. the7thnavigator. • 6 yr. ago.Side Hustle Ideas for CPA (Very useful topic to all of us) Hi, everyone. I would greatly appreciate any ideas and advice on side hustles for accounting professionals who has a full-time job 8-5. About myself. I work in audit as an associate for a mid-size company, mostly employee benefit plans and 401K audits.It is not uncommon for Junior accountants to work 60 to 80 hours a week. But, many find the work to be comforting, as there are typically fewer interpersonal dynamics in accounting, so if you are an introvert, have anxiety, depression, you might find real security and comfort in the work. There are also other paths in accounting that are less ...An alternate position that would give you equal quality training is working as an accounting clerk performing general journaling and supporting A/R, A/P, Payroll, and Finance/Accounting managers. As a student of accounting myself, I can tell you that your education leaves a huge gap between the theory and reality of the accounting profession.Lucked out with managerial accounting. Half the final exams had the answer key so they just gave us all a take home exam. Cost accounting kicked me in the nads. Failed the final but still managed to barely pass the class. I love financial accounting. It makes sense. Debits = Credits. I really need to do some review on cash flows though.

No - it's a stimulating and well paying career. I like solving problems and accounting has access to many problems to solve. Just because I like something doesn't mean I am passionate about it. For instance, I like blueberry yogurt, but I am not passionate about blueberry yogurt. 3. The difference with accountants though is that we get better raises over time. In my area teachers usually get 1-3% raises every year. Cops are the same, and skilled trades depend on a lot of factors but it’s rare for them to get more than 5% in a year without job hopping. Engineers only get more than 3% if they get a promotion. To qualify for CPA you need 150 credits (most bachelors are 120 credits) and you’ll have to pass all 4 sectioned of the CPA exam in 18 months (50% pass rate for all 4 sections). You can get a job in accounting without a CPA but you’ll be limited in what you can do. I don’t know anything about economics, sorry : (. Armybrat66.If you think that scandalous, mean-spirited or downright bizarre final wills are only things you see in crazy movies, then think again. It turns out that real people who want to ma...In case you need my services, probably busy at work or struggling with your course work, kindly dm or comment below. Whats app: +1 (626) 415-4834. 1. u/fargalocha. • 16 days ago 3 Part Series on Journal Entries, Trial Balance, Balance Sheet and Income Statement.Having an accounting background greatly helps since you can more easily understand the numbers. FP&A has weird hours (for me). I work like 40 hours during close and about 20 hours the rest of the month. A similar accounting position would probably consistently work about 30-35 hours a week. r/Accounting.LavenderAutist. •• Edited. The biggest upside of a CPA's career is how long you can go without being without a job as you age. Lots of careers where you start having issues with losing your job and having a hard time replacing the income as you age.

Quickbooks replaces bookkeepers (not accountants) honestly speaking. Accounting, as a major, is supposed to give you analytical skills to make informed decisions using financial information. Putting things in debt / credit is easy. Automating driving is easy. You have fundamental rules that you follow. I hate Intuit with every fiber of my being, but they dominate the bookkeeping software market. You can do 1099 tracking, contractor direct deposit, payroll, invoicing and A/R, A/P and bill pay, payroll, etc. We serve as an outsourced accounting department for a ton of clients, and we use every feature they offer. The problem is most accountants focus on #3 and are the opposite of #1. In a larger organization (whether private or public), #2 when done internally is considered sucking up or playing politics. This is how people generate business, move up in …Internships or Junior Roles: Applying for junior accountant roles or internships at accounting firms, even if they're part-time or temporary, can provide hands-on experience. AR/AP/Bookkeeping Roles: These positions can offer practical accounting experience, but they may not fully encompass the range of CPA work.

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For small business accounting, QuickBooks or NetSuite are the best tools as it ensures that you can manage your medical practice finances in an accurate manner. However, managing all this in-house might be difficult for your business so you can go for outsourcing services. the7thnavigator. • 6 yr. ago.The deal with forensic accounting is that it is half doing law and half doing data analysis that includes looking at financials and presenting your findings. If you hate law and writing, don’t do it. If you hate lawyers, don’t do it since they’re most likely your customers. If you need someone to tell you what to do or you need to have ...To qualify for CPA you need 150 credits (most bachelors are 120 credits) and you’ll have to pass all 4 sectioned of the CPA exam in 18 months (50% pass rate for all 4 sections). You can get a job in accounting without a CPA but you’ll be limited in what you can do. I don’t know anything about economics, sorry : (. Armybrat66.In comparison accountants do have more opportunities, like significantly more. 2. Entry level competition for actuary is really brutal and the openings are far few and within. Just take a look at your area job postings. And more and more schools have actuarial science degrees nowadays. 3.

It was recently ranked the best major to major in 2023 by Accounting Magazine, the premier accounting magazine. Reply reply. HSFSZ. •. golly gee, glad to see our profession being ranked so high in such a prestigious magazine! I wonder what the next issue of the AICPA will have! Reply reply. MatterSignificant969. Accounting is always a good choice. Good pay, potential to progress in your career, relatively straightforward work, plenty of career options, decent job security. If you like business I think accounting or finance are the only ways to go. I generally don't recommend finance though unless you're going to a Top 25 school or you're planning on ...Pros. *Get to work with incredibly smart people. *Varying and challenging work. Interesting stuff if you like excel. *Almost guaranteed job security if you are a CPA and have your shit together. *Well-paying, doesn't pay a ton but definitely comfortable. *Potential for big money if you make partner, start a firm, get a corporate placement. You can try AND CO or Wave Accounting; they are both free. But you will miss some features like accounting modules and income statements by revenue streams. So i really recommend that you makeup your mind about what you can sacrifice and you can't. This accounting software guidecompares the best softwares ranging from free to very expensive ... Well, I chose accounting because I took intro to accounting, along with intro to a bunch of other fields, and found that accounting was the only one I could sustain interest in *and* felt confident would enable me to find a job straight out …Pros. *Get to work with incredibly smart people. *Varying and challenging work. Interesting stuff if you like excel. *Almost guaranteed job security if you are a CPA and have your shit together. *Well-paying, doesn't pay a ton but definitely comfortable. *Potential for big money if you make partner, start a firm, get a corporate placement.Lawyer vs CPA. Currently a teacher who is unsatisfied in his profession and is set on taking the LSAT to advance in a career that’s more lucrative with a useful set of skills. For six months, I’ve been convinced this was through law, having worked with a half-dozen lawyers on my school’s mock trial team. However, the option also exists ...Jul 7, 2023 ... Yes Tax is always changing, so there is always something to learn, and you get to work on a lot of different clients. Tax projects are typically ...QuickBooks is one of the most popular accounting software programs available today. It is used by small businesses, freelancers, and entrepreneurs to help manage their finances. Th...My original plan was to get a BBA in Accounting with a minor in IT. However, I will incur about $14k more in debt with an extra semester and a couple summer classes. This would also require me to take 18 credits (all my classes are 3 credits, so 6 classes) every semester while working. I believe I could handle it but it would be tough to keep a ...r/Accounting. • 6 yr. ago. lalala-13. Best Accounting Software? need help on picking an accounting software for a small contracting company. an accounting software that will …

r/Accounting: Primarily for accountants and aspiring accountants to learn about and discuss their career choice. Advice and questions welcome.

r/ukaccounting. Feed About. u/Quack4ddict. • 2 yr. ago Not paying VAT on the order that put me over the threshold. I am a sole trader designing and ordering clothing that is made in Turkey and then imported and sold to other businesses in the UK. It’s a pretty small business but the last 6 months I have sold quite a few orders and recently ...Accounting certainly is far from a stress-free industry... but a lawyer, doctor, school teacher, waiter, etc. are all pretty stressful too. Just depends on what kind of stress you can tolerate. Like any business, where you work/your work load/your co-workers can make a world of difference. Everybody has different experiences.r/AskAccounting. My friend and I built a house together, she owned 2/3 of the house, and I owned 1/3. When HST was assessed, she argued that as it should come off the top end price, it was a shared expense and should be split 50/50. I'm arguing that it should be split just as everything else was 2/3 to 1/3.Aug 10, 2019 ... If you go into public accounting you can expect to be working long hours for months on end. But most people last a couple years and then ...Pfcoffics. •. Yeah, accounting is really good base for lots of things and with that you can go to a bunch of different markets, like trading, controller, FP&A, process owner and so on but working in pure accounting or external audit takes a fucking toll for your mind. Reply reply. Ok_Horror_422.What's worth pursuing in accounting? 243. 278 comments. Best. Add a Comment. frozenhotchocolate • 2 yr. ago. There is a bill moving thru Congress that would reclassify … It was recently ranked the best major to major in 2023 by Accounting Magazine, the premier accounting magazine. Reply reply. HSFSZ. •. golly gee, glad to see our profession being ranked so high in such a prestigious magazine! I wonder what the next issue of the AICPA will have! Reply reply. MatterSignificant969. If your school was mediocrely recruited at/well known you definitely can find a job. Go to your career center and get your resume looked at. Apply to jobs on your career website and get the dumb idea of 4.0 for Big 4 out of your head. We had KPMG campus recruit with a minimum of 3.0.

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The accounting profession in Australia has a combined membership of approximately 340K members. In Canada, more than 217,000 members serve the accounting and finance needs of 37.7 million. Australia has absolutely way more designated / qualified / recognized accountants than Canada, and way less people overall.Yes. honestly i think its good for "i dont know what i wanna do" because there are a wide variety of jobs you'll be eligible for - from corporate finance, corporate accounting, treasury, public accounting - audit, tax, risk, it audit, internal audit, …Unique capabilities to achieve this include. Uses plain text accounting philosophy so you control all your data. Provides the most comprehensive Wall Street level P&L explain capability so you know exactly all the reasons your networth is changing. Multiple account management with full automatic multi-currency support.It depends on size of business. SAP is current market leader amongst banks and large industrials but Oracle is 4th main competitor. For "large" local businesses, in UK Microsoft dynamics is kicking off big time and eating market share up from my experience. SAGE is also widely used amongst some of my mid size clients. 1. I think something to consider is that salaries for all industries are pretty bad in Canada vs the US. For example, when Amazon was looking to find a 2nd HQ, both Vancouver and Toronto's proposals included that Canada pays much less for software engineers than most US cities (70-90k USD vs 100-120k USD). Accounting earns roughly the same once ... Software only provides you to enter vouchers such as sales, purchases, cash receipts, bank receipts, cash payments, bank payments, journal entries, etc., and all core accounting reports such as Ledgers, Trading, P/L, and Balance sheet are created automatically. dcloudsolutions • 1 mo. ago • Edited 1 mo. ago. • 9 yr. ago. Intro to Accounting & Tax Humor Subreddit. Thanks for dropping by the Accounting and Tax Humor subreddit. My hope is that you will find a link or two that will … If you need the full functionality of an ERP, Netsuite, Acumatica, Microsoft Dunamics, SAP, etc. are going to be the way to go & you’d be really in a bad spot with some of the other systems. If you’re not at the stage where you need the heavy lifting from an ERP, you’d be fine with the smaller systems. BradMan81. • 2 yr. ago. Not really, no. It's not like IT, certifications are not that important. Bachelor's is kinda required for most positions, really 150 credits and a bachelor's so you are CPA eligible, at least for public. In house may not matter as much, but they all tend to ask for a bachelor's. x596201060405. ….

chailatte_gal. • 5 yr. ago. Accounting is less stressful than programming. Programming tends be a lot of 5 alarm fires or big projects with tight deadlines. But accounting isn’t stress free it’s just more predictable. Month end, quarter end and year end are all extremely busy. You just know when they’re going to occur. Learn Accounting in 1 HOUR First Lesson: Debits and Credits [22:06] The ultimate video for new accounting students to learn basic accounting principles and accounting mechanics. This video assumes you know NOTHING and by the end of it, has you reading fortune 500 company financial statements. Finance ^LearningAcademy in Education Jun 27, 2023 ... As someone who has worked in both industry and public accounting both can get boring. I think it really depends on how quickly you learn and if ...May 31, 2023 ... Good money, job easy most of time, show up late every day, usually lot of extra time for reading, etc. can dress up if i want or not.Re-perform the examples from the book. Understand why things are done the way they are. Everything in accounting makes sense, the difficult part is wrapping your head around how it makes sense. Keep doing problems until you have them down, and you have a working understanding of what's happening with transactions, and when things get debited ... Internships or Junior Roles: Applying for junior accountant roles or internships at accounting firms, even if they're part-time or temporary, can provide hands-on experience. AR/AP/Bookkeeping Roles: These positions can offer practical accounting experience, but they may not fully encompass the range of CPA work. Hi Accountants and those following this subreddit. I'm in need of some very serious life advice. I'll try to keep it short. I've been in my accounting program for a few months and runs for a total a bit over 2 years, part co-op and part school, Though I was ready to considering accounting as my profession, my mom pushed me into this program earlier …Apr 15, 2022 ... No it's not. It is really about the firm or company you are working for. Accounting opens up a lot of other opportunities, if you decide you don ...Jan 30, 2023 ... LinkedIn is such a money-grab and the posts are super cheesy, but it is useful to be able to connect with every coworker you ever had at once, ... Reddit accounting, [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1]