Jet Moses Posted December 29, 2009 Share Posted December 29, 2009 Anybody know how serious it is to make somebody do both AR and AP in the same accounting office? Because I am AR and I wind up getting loads of AP all day because their is a senile old bitch who won't retire who owns two f'n houses but she should be in a nursing home so my boss can't give her anything to do because she f's it all up and we spend two hours every night trying to fix it. But I'm getting a major resentment and I want to see if I can parlay a little blackmail to get the frig out of this office. So talk to me. Do I have a beef that can flag my boss? Or is it some petty BS and nothing is going to happen to him any way. Thanks. Link to comment Share on other sites More sharing options...
cr726 Posted December 29, 2009 Share Posted December 29, 2009 You are replaceable. Anybody know how serious it is to make somebody do both AR and AP in the same accounting office? Because I am AR and I wind up getting loads of AP all day because their is a senile old bitch who won't retire who owns two f'n houses but she should be in a nursing home so my boss can't give her anything to do because she f's it all up and we spend two hours every night trying to fix it. But I'm getting a major resentment and I want to see if I can parlay a little blackmail to get the frig out of this office. So talk to me. Do I have a beef that can flag my boss? Or is it some petty BS and nothing is going to happen to him any way. Thanks. Link to comment Share on other sites More sharing options...
JerryK Posted December 29, 2009 Share Posted December 29, 2009 I spend time in manufacturing companies. Generally AR/AP are 2 different people in the accounting office...but I don't know of a RULE. Some of our smallest clients have one person handling all the financials. Personally, I see it as an opportunity. If you can get fast enough doing both, maybe the boss will dump the old lady and give you a 50% raise. He'd save 25% if she's paid the same as you. Link to comment Share on other sites More sharing options...
DMaynard Posted December 29, 2009 Share Posted December 29, 2009 I don't think there is any Gaap guidance on the strict separation of those two functions. An auditor would look at the size of the firm (the larger it is obviously gives more justification to separation of duties) and more importantly, the controls and procedures in place. If they are adequate with supervisory review and sign-offs, there should not be a problem. Just my opinion. Link to comment Share on other sites More sharing options...
Jet Moses Posted December 29, 2009 Author Share Posted December 29, 2009 I spend time in manufacturing companies. Generally AR/AP are 2 different people in the accounting office...but I don't know of a RULE. Some of our smallest clients have one person handling all the financials. Personally, I see it as an opportunity. If you can get fast enough doing both, maybe the boss will dump the old lady and give you a 50% raise. He'd save 25% if she's paid the same as you. They have been trying to dump this old lady for years. She's 68 f'n years old. She's not leaving. I'm not doing two peoples jobs. You want me to do her f'n job? Give me her f'n paycheck. Link to comment Share on other sites More sharing options...
Jet Moses Posted December 29, 2009 Author Share Posted December 29, 2009 I don't think there is any Gaap guidance on the strict separation of those two functions. An auditor would look at the size of the firm (the larger it is obviously gives more justification to separation of duties) and more importantly, the controls and procedures in place. If they are adequate with supervisory review and sign-offs, there should not be a problem. Just my opinion. OK, thanks. Link to comment Share on other sites More sharing options...
Jet Moses Posted December 29, 2009 Author Share Posted December 29, 2009 You are replaceable. Graveyards are full of important people who thought the world would stop spinning without them. Link to comment Share on other sites More sharing options...
JerryK Posted December 29, 2009 Share Posted December 29, 2009 I'm not doing two peoples jobs. You want me to do her f'n job? Give me her f'n paycheck. That's kinda what I suggested. Tell the boss you could do both for 3/4 of her salary. Then let him negotiate down to half. Link to comment Share on other sites More sharing options...
Jet Moses Posted December 29, 2009 Author Share Posted December 29, 2009 That's kinda what I suggested. Tell the boss you could do both for 3/4 of her salary. Then let him negotiate down to half. Gotcha. She is his problem, not mine. Link to comment Share on other sites More sharing options...
cr726 Posted December 29, 2009 Share Posted December 29, 2009 What does her owning two houses have to do with this scenario? Also it sounds like she has become your problem too. Gotcha. She is his problem, not mine. Link to comment Share on other sites More sharing options...
Jet Moses Posted December 29, 2009 Author Share Posted December 29, 2009 What does her owning two houses have to do with this scenario? Also it sounds like she has become your problem too. She should f'n retire. She doesn't need the money and she is a liability in this office. Link to comment Share on other sites More sharing options...
JerryK Posted December 29, 2009 Share Posted December 29, 2009 Hmmm... two houses... Maybe she and the boss do a little "month-end reconciliation". Maybe she let him have a "trial balance" and her subaccount has some Receivables. Link to comment Share on other sites More sharing options...
Jet Moses Posted December 29, 2009 Author Share Posted December 29, 2009 Hmmm... two houses... Maybe she and the boss do a little "month-end reconciliation". Maybe she let him have a "trial balance" and she got some Receivables. Dude, that's somebody's grandmother. Link to comment Share on other sites More sharing options...
JerryK Posted December 29, 2009 Share Posted December 29, 2009 Dude, that's somebody's grandmother. Hey this is strictly an accounting discussion. I'm just saying some guys save their deposits until they've done an AR Aging. Link to comment Share on other sites More sharing options...
Jet Moses Posted December 29, 2009 Author Share Posted December 29, 2009 Hey this is strictly an accounting discussion. I'm just saying some guys save their deposits until they've done an AR Aging. There's no depreciation left on grannie. Link to comment Share on other sites More sharing options...
Bob Posted December 29, 2009 Share Posted December 29, 2009 Dude, that's somebody's grandmother. Sarah Palin is somebody's grandmother. I'd hit it, as long as she promised not to say anything. Link to comment Share on other sites More sharing options...
The Gun Of Bavaria Posted December 29, 2009 Share Posted December 29, 2009 Sarah Palin is somebody's grandmother. I'd hit it, as long as she promised not to say anything. :lol::lol::lol::lol: Link to comment Share on other sites More sharing options...
SouthernJet Posted December 29, 2009 Share Posted December 29, 2009 Anybody know how serious it is to make somebody do both AR and AP in the same accounting office? Because I am AR and I wind up getting loads of AP all day because their is a senile old bitch who won't retire who owns two f'n houses but she should be in a nursing home so my boss can't give her anything to do because she f's it all up and we spend two hours every night trying to fix it. But I'm getting a major resentment and I want to see if I can parlay a little blackmail to get the frig out of this office. So talk to me. Do I have a beef that can flag my boss? Or is it some petty BS and nothing is going to happen to him any way. Thanks. Link to comment Share on other sites More sharing options...
DMaynard Posted December 29, 2009 Share Posted December 29, 2009 Hmmm... two houses... Maybe she and the boss do a little "month-end reconciliation". Maybe she let him have a "trial balance" and her subaccount has some Receivables. OK students, if he pays her a month in advance of banging her, how would that be recorded at month end? A prepaid asset. Correct. Link to comment Share on other sites More sharing options...
SouthernJet Posted December 29, 2009 Share Posted December 29, 2009 OK students, if he pays her a month in advance of banging her, how would that be recorded at month end? A prepaid asset. Correct. Link to comment Share on other sites More sharing options...
Maxman Posted December 29, 2009 Share Posted December 29, 2009 Anybody know how serious it is to make somebody do both AR and AP in the same accounting office? Because I am AR and I wind up getting loads of AP all day because their is a senile old bitch who won't retire who owns two f'n houses but she should be in a nursing home so my boss can't give her anything to do because she f's it all up and we spend two hours every night trying to fix it. But I'm getting a major resentment and I want to see if I can parlay a little blackmail to get the frig out of this office. So talk to me. Do I have a beef that can flag my boss? Or is it some petty BS and nothing is going to happen to him any way. Thanks. If the business is small it isn't a huge issue. Auditors care more about the approval process. Ideally they would want A\P and A\R broken up but it doesn't always happen that way. As long as someone else is signing off on things, a combined effort isn't the end of the world. Link to comment Share on other sites More sharing options...
Jet Moses Posted December 29, 2009 Author Share Posted December 29, 2009 If the business is small it isn't a huge issue. Auditors care more about the approval process. Ideally they would want A\P and A\R broken up but it doesn't always happen that way. As long as someone else is signing off on things, a combined effort isn't the end of the world. Thanks, Max. I make sure my initials and dates are on everything. Link to comment Share on other sites More sharing options...
PatriotReign37 Posted December 29, 2009 Share Posted December 29, 2009 Sarah Palin is somebody's grandmother. I'd hit it, as long as she promised not to say anything. Only if you put duct tape over her mouth. Link to comment Share on other sites More sharing options...
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