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Friday Footnotes: Anyone Wanna Work in Hollywood?; Profit-Hungry CEOs Love Gen AI; KPMG’s SF Future | 1.19.24

Going Concern

TSG’s lawsuit filed last August in Los Angeles District Court said that Fox had promised TSG a share of defined gross receipts for pictures under the companies’ long-term participation agreement but that the studio used “nearly every trick in the Hollywood accounting book” to not pay.

Arizona 104
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Accounts Receivable (AR) Automation: The Solution To The Collection Problem

Accounting Seed

You debit the $12,500 to AR and credit the same amount to your sales account. This is known as balancing your accounts/books. You recognize this in your accounting with a “bad debt” entry. Manual Accounting Methods Accounts receivable automation isn’t mandatory.

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22 Shopify Tips and Tricks: How To Quickly Grow Your Online Store

Snyder

Whether you want to get Shopify integration with QuickBooks or Shopify Xero integration , Synder is there for you, acting like a bridge between your Shopify store and your accounting software. It records all your sales and fees into your accounting books, getting an error-free profit and loss report and balance sheet.