Not Everyone on The Team Needs to Know Accounting

MoneyPenny LLC-Not everyone on the team needs to know accounting

When I was a kid in school, I remember a story that was told by our teacher after an event at recess. You know the kind, an allegory. It was very short story and it related to an incident that occurred when a group of kids ignored someone in a game under the assumption, they […]

Light at The End of The Tunnel—A Grateful Remoter

MoneyPenny LLC-Light at The End of The Tunnel—A Grateful Remoter

This has been a difficult year for everyone, all over the world.  In mid-January 2020 I flew back from India via Hong Kong only to arrive home to an email notice from one of my siblings that worked at a major east coast medical facility in the virology lab. Get ready this is going to […]

What the Change Could Bring and How It Could Be Accomplished

Money Penny LLC - Accounting Solutions for Businesses - What the Change Could Bring and How It Could Be Accomplished

Recently David Brooks had an article posted in the Baltimore Sun digital edition. Brooks was talking about how to make America great. It was a very well written and thoughtful article. The idea, however, was universal about all things to make great. When one finds stagnation, broken structures, and a lessening of positive outcomes, change […]

Why Reconciling Accounts Every Month is Good Due Diligence

Money Penny LLC - Accounting Solutions for Businesses - Why Reconciling Accounts Every Month is Good Due Diligence

Over the years we have worked on more accounting files than we can count. Working directly with business owners and working with Accounting offices. This all started because a large nationwide firm asked us, many more years ago than I care to admit, to develop a standard policy on allocations so they could systematize their […]

Converting to the Cloud During a Pandemic

Money Penny LLC - Accounting Solutions for Businesses -Converting to the Cloud During a Pandemic

Technology changes. It’s one of the few constants as accounting technology continues to advance at a rapid rate. Sometimes you can delay the change, even resist it, and sometimes you have no choice. We work with accounting firms that use a myriad of applications, both cloud-based and desktop software hosted on servers. We have the first-hand […]

So Back to the Office with Caveats

Money Penny LLC - Accounting Solutions for Businesses - So Back to the Office with CaveatsMoney Penny LLC - Accounting Solutions for Businesses - So Back to the Office with Caveats

I have, for the last 21 years worked from anywhere I could get a connection.  Whether on top of Casper Mountain, at the beach in San Diego, or in another country while on a surf trip, the internet allowed me to work.  I told people that often asked about my commute here in Southern California, […]

How accountants are making a difference

Money Penny LLC - Accounting Solutions for Businesses - How accountants are making a difference

A couple of weeks ago AccountingWEB.com with Andy and Seth, had a webinar on charging clients during COVID-19.  The range of the panelist was well done and the discussion thoughtful and informative.  Frankly, after so many promo webinars that end up as sales pitches, this particular webinar was a welcome respite from people trying to […]

Remoting in days of COVID19

Money Penny LLC - Accounting Solutions for Businesses - Remoting in days of Covid19

I have been remoting for many more years than I care to admit. The idea of shelter in and work from home would seem easy right? Yeah, not so much the requirement of keeping to others time was helpful in me keeping scheduled. What happens when everyone around you loosens their schedule? The first week […]

A Case for Slack

Money Penny LLC - Accounting Solutions for Businesses - A Case for Slack

Several years ago, we instituted Slack within our company. Since that first set up of one channel we have maximized and continue to maximize this communication method. Slack is texting on steroids. Emails have become secondary and we utilize them at a minimum. However, we do have an integration with our slack to push emails […]

Cloud, AI and Humans or Why do we call it Bookkeeping …?

Money Penny LLC - Accounting Solutions for Businesses - Cloud, AI and Humans or Why do we call it Bookkeeping when we no longer use Books?

The presenter was nervous and asked me what he was to do. I said I use QuickBooks for your company, and I have no idea what I am doing, and I could use an accountant to teach me. The next two days were dedicated to showing them how much help was needed and a QuickBooks […]

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