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The Padgett Approach

“You don’t even know what a ‘write-off’ is”

December 6, 2008

Many people are upset that the mileage rate (from the IRS) has decreased. The mileage rate decreased because fuel costs have decreased. (All of you conspiracy theorists might want to note that the same thing happened last year at this time too. Hmmm, just in time for us to drive around and do Christmas Shopping……) [...]

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The credit crisis as Antarctic expedition

October 24, 2008
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“Accounting Today” thinks Padgett is very influencial

October 16, 2008

This is from a Padgett press release: Accounting Today has named Padgett President Roger Harris to its “2008 Top 100 Most Influential People in Accounting” list. This year’s list, entitled “New Frontiers”, focuses on the abounding changes in the accounting industry and details how the individuals featured in the Top 100 are impacting and advancing [...]

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Perhaps we don’t need to worry about the price of Gas

June 15, 2008

He means bugs. To be more precise: the genetic alteration of bugs – very, very small ones – so that when they feed on agricultural waste such as woodchips or wheat straw, they do something extraordinary. They excrete crude oil. Unbelievably, this is not science fiction. Mr Pal holds up a small beaker of bug [...]

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Is Your “Work” Working?

May 30, 2008

My fourth grader’s science teacher taught her class about work. But not the kind of work that us non-engineers think of……she was talking about the unit of measure: “Work = Force X Distance“ She didn’t teach them the equation above; she had them do an experiment. One student pushed against the wall with all his [...]

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Reminder: A live Seminar: Padgett and Pomaybo

May 1, 2008

Do staffing issue worry you? Is hiring a difficult process? Does the red tape of employee payroll accounting scare you? If so, then you may want to attend a new series of workshops focused directly on solving these issues. Padgett has partnered with Pomaybo, Inc to present a (2) part series specially designed to help [...]

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A live Seminar: Padgett and Pomaybo

April 15, 2008

Do staffing issue worry you? Is hiring a difficult process? Does the red tape of employee payroll accounting scare you? If so, then you may want to attend a new series of workshops focused directly on solving these issues. Padgett has partnered with Pomaybo, Inc to present a (2) part series specially designed to help [...]

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Our free software rules!

January 27, 2008

Number 46 on “101 Great Ideas to Start Your Business” from Entrepreneur Magazine: 46. Find Simple Accounting Software: Padgett Connect is an accounting software program from Padgett Business Services geared toward the average user who doesn’t have in-depth knowledge of accounting. It’s customized by Padgett for each client’s business, and user support is free. The [...]

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Bean Counters make the world go ’round

December 5, 2007

This is the kind of stuff that gets me. As a Small Business Owner, when I read something like this I think “give me a break….don’t you have anything better to do?” But, as I stop and think about it, I realize that the distinction being examined here is important and potentially expensive. This must [...]

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Do you have a plan?

October 4, 2007

No, I am not referring to a business plan in the above post heading. I am referring to a succession plan. Many Small Business Owners continually re-invest in the business, rolling all their profit back into their business’ equity. Most of the time, business owners feel that this is the responsible thing to do, and [...]

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New Website Feature

October 2, 2007

Now, it will be even easier to get me on the phone: I added a “Call me” button to the left column of the website. Clicking on this button will try my office and cell phone — and any other phones — until it finds me. (Unlike some of our “ivory tower” accounting peers, we [...]

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Delegators vs. Abdicators

August 4, 2007

So which one are you? In my line of work, clients generally fall into one of two categories. Either they delegate or abdicate. I can see the look on a clients face when I am conducting our opening meetings. I can see that they are being seduced by the idea: just turn everything over to [...]

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Great Meeting with non-profit

July 22, 2007

I met with a non-profit the other day, just trying to see if I could do anything to help. It turns out that this guy spent about 5-6 hours a week keeping his quickbooks in order. He also kept incredible records. This gives me mixed feelings. If everybody was this thorough, they wouldn’t need me [...]

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