Discover and read the best of Twitter Threads about #CPAs

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It's #RPA Sunday and I am going to Tweet along while I try to build a bot to solve a specific problem that I'm having with a client.

Thread 👇

#CPA #accounting #automation
Use case: I have a relatively new client with an OOC chart of accounts. The original P&L consisted of 218 accounts: 4 revenue, 129 COGS and 85 OPEX.
After some convincing, we were able to get COGS down to 6 accounts, but it took me about 3 hours to do YTD reclasses using the @QuickBooks "Reclassify" tool. That's what I am trying to avoid as we migrate the OPEX accounts to our template COA.
Read 24 tweets
1/đź’©ton

OK we have text of the new Stimulus bill... combined w/ a WHOLE lot of other legislation.

In all the PDF version of the full bill clocks in at 5593 pages. Can be found: docs.house.gov/floor/404-main…

Buckle up. This is gonna be a LONG ride!
2/x

But before we dive into the bill, a quick note from my soap box… This whole process is absurd. They JUST released a 5k+ page bill, and they are going to vote on it TODAY.

They aren't even pretending to have time to read what they're voting on anymore.

*Steps off soap box*
3/x

Ok... on to the meat. Let's start by answering the question that so many are already asking... “Will I be getting another #stimulus check?”

The answer, like last time, is “Maybe.”

Notably, the maximum stimulus amount per person this time around is $600.
Read 89 tweets

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