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Deeper Weekend 2014

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  • Adrian Simmons
    Adrian Simmons
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    Bryan Coleman
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    Greg Kyte
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    Ian Crook
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    Jason Blumer
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    Jennifer Blumer
  • Scott Kregel
    Scott Kregel

Have you read The 7 Habits of Highly Effective People by Stephen Covey? You have? That’s nice. But have you been to Stephen Covey’s house? No, you haven’t. I know you haven’t because I was there, and I didn’t see you.

 

Oh yeah. I spent several hours at Steve MF Covey’s house on December 15. I kept asking when I would get to meet him, and they kept saying, “he died in 2012.” Likely story.

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Category:
Business, Other Thoughts, Personal Growth
Comments:
1

Of all of the worries of owning a business, the anticipation of a possible IRS audit has to be one of the worst. As a business owner, you want to grow and be forward thinking, but then an IRS agent forces you to rehash the past in excruciating detail. With clean books and correct record keeping, you can have the confidence of knowing that if the government comes knocking, you’ll be ready. While there are many different systems to keep your books in order, Receipt Bank aims to help with the record keeping, while integrating with the all of the major cloud-accounting providers.

 

Core Features – 35/35

Receipt Bank’s mission is simple, to reduce the time required to move receipts, bills, and credit notes into your client’s accounting system and give accountants a clear view of their bookkeeping while in progress. They do this by capturing the data, organizing it into their dashboard, and giving bookkeepers the ability to automate the flow into the accounting software. Read more

Category:
Software, Tech Review
Comments:
1

Greg Kyte 2Blow crap up.” – Jason Blumer

I’ve known Jason for six years now. I’ve heard all of his stories, the ones about how he’s tried all the stuff that you know you should try at your firm. He’s got a drive to blow crap up, and so he blows crap up, and he learns tons and tons of crap because of the crap he blows up.

Thriveal is accounting for the brave, and brave accountants risk the possibility of blowing crap up. Intentionally taking risks whereby crap may be blown up is something that can be managed; planned risks can be controlled and contained more or less.

But sometimes crap blows up all by itself. And when turds hit fans, you can learn A LOT and you can learn it FAST. Like Tom Hood says, the rate of learning at your firm has to be greater than the rate of change in the profession and greater than the rate of learning among your competitors. Read more

Category:
CPA firm, Management and Operations
Comments:
0
JasonRocksImagine you want to transform your dull yard into a gardener’s masterpiece. You don’t have the skills, so you have to find the expert that can help you. That gardener you hire has two things to pull from to create your beautiful yard: her experience, and her tools. Both are extremely valuable, but the use of the tools is only informed by the experienced hand using them. A brand new shovel is not going to make this master gardener any more special than the DIY gardener down the street.

 

Like the gardener, firm owners are craftsmen too. They bring all financial processes, and financial reporting into alignment for their own firm, as well as the confused and disorganized business owner. In a sense, they are transforming the landscape of businesses with their experience and choice of tools. But many firm owners are confused by their role in choosing tools for themselves and their clients. Many chase the shiniest new tool, and completely ignore their experience.

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Category:
Software
Comments:
0

Greg Kyte 2Um … spoiler alert. Did you read the title of this post? If you still need a spoiler alert, then you’re worse at reading social cues than Ben Affleck’s character in The Accountant. And if you haven’t seen Ben Affleck’s movie The Accountant, then what the hell is wrong with you? Even Jason Blumer’s seen The Accountant. The last movie he saw in the theater was Honey, I Shrunk the Kids

The Accountant is rated R, so I guess if you haven’t seen it and you’re a CPA and under the age of 18, I get it. Otherwise, if you haven’t seen it, I’m pretty sure you’re breaking the Code of Professional Conduct.

And I thoroughly enjoyed it. Great movie. Saw it twice. It was tons fun to watch it in a theater full of (presumably) civilians who still got all the accounting jokes.

It’s also cool to think back on the movie and see how many things Ben Affleck’s character, Christian Wolff, was doing right that a lot of accountants and firm owners do wrong. Read more

Category:
CPA firm, Other Thoughts, Pricing
Comments:
1

thriveal-tech-review-headerIt’s easy for businesses to get bogged down with data entry, managing bills, and cutting checks (yes, people still do that). The folks at Entryless want to help. As their name suggests, they remove the ‘entry’ and streamline the rest, down to actually getting the vendors paid. Entryless is quickly becoming the trusted automated bill processing solution for thousands of business owners around the world.

Core Features – 34/35

When a bill or invoice is submitted, the bill is automatically processed in Entryless and a copy is created in the accounting software. Then when the bill is ready to be paid, simply pay it through Entryless and an ACH or check will be sent to the vendor. Now, let’s deep dive into the process. Read more

Category:
Tech Review
Comments:
1