Publisher's Note
"We are technicians," said Accountant Joe. "We are not meant to sell. I do great work, then the clients refer me." In the office next door, Accountant Jeff replied, "Sure, the quality of the work has to be there, but we have to market ourselves and constantly develop and refine our own personal brands." Remarked Accountant Joe, "Hogwash!"
This is probably a familiar scene to all of us. I suspect you and every single one of AccountingWEB's nearly 130,000 weekly readers can name names on this scenario! How does this tug-of-war play out in your workplace? I want to hear from you.
Rob Nance
Publisher
AccountingWEB, Inc.
publisher@accountingweb.com
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Questions & Advice
Transfer pricing issue
Two companies have an external consortium with one client.... If
the offshore company insists that the PO should be placed by
onshore company it means onshore company margin reduces and
offshore company margin increases. Is there not a transfer
pricing issue here with shifting margin from one country to the
other even though that is not the direct intention?
Add your input!
Machine inventory
My company has a machine that has been a rental unit for the
past two to three years. The client is getting a new machine
soon and we will receive the old one back from them at that
point. We have lined up a buyer for the machine and the value of
the machine will be approximately $1500 ($3385 cost less $1885
depreciation). How do I enter the machine into inventory so that
we can sell it, or does it need to be added to inventory?
Share your suggestions!
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