Joe had a good explanation for it. Watch his IG live. Every issue they had is them not understanding certain things. That 400k was a prorated payment. Every answer Joe gives clearly not explains each situation if you understand these simple terms and have business experience. The problem is people on the internet are taking things as face value without actually understanding the details.
I watched both sides and only when Mal and Rory spoke Joe rebutted. He didt offer anything of substance unless be had to defend himself. I'm good on Joe. I just know that I have a business and there is always receipts to back up spread sheets. When you gett audited or go to courts you have to show receipts not personalized excel spread sheet
Fam it's not. Excel is professional software.
Do you honestly believe an accounting firm that's been in business for more the 10 years would risk everything just to screw rory and mal? Come on man whatwould they gain in this scenario. The juice is not worth the squeeze.
Everyone is acting like Joe is hiding 100s of millions.
I mean as long as it's audited financials w line items coming from the CPA and not Joe, could be PDF or Excel doesn't matter.
Crazy how they couldn't just all sit down and go line by line and figure this s*** out.
he got a lot less expenses now with rory and mal gone
S*** he still gotta pay the team outside of the cashapp funds
I watched both sides and only when Mal and Rory spoke Joe rebutted. He didt offer anything of substance unless be had to defend himself. I'm good on Joe. I just know that I have a business and there is always receipts to back up spread sheets. When you gett audited or go to courts you have to show receipts not personalized excel spread sheet
at my previous job we did profit sharing. we weren’t going to the AP/AR department to ask for receipts and matching invoices to audit the company to figure out how much our profit share amount should be. nobody does that.
in fact, you’d literally have to hire your own accounting firm to check the work your company’s accounting department did. at that point your own employees are auditing the company to the level of the IRS. for what??
at my previous job we did profit sharing. we weren’t going to the AP/AR department to ask for receipts and matching invoices to audit the company to figure out how much our profit share amount should be. nobody does that.
in fact, you’d literally have to hire your own accounting firm to check the work your company’s accounting department did. at that point your own employees are auditing the company to the level of the IRS. for what??
Rory was paying for the accounting expense as he explained.
And that's a load of bullshit. I have my own company and if u were ever asked for receipts I would present them. You trust your HR. Rory and Mal didn't. It's simple but that doesn't change the fact fact every financial spread sheet is back with receipts lol.
I'm not even arguing with you because I literally do this every weekend.
Rory was paying for the accounting expense as he explained.
And that's a load of bullshit. I have my own company and if u were ever asked for receipts I would present them. You trust your HR. Rory and Mal didn't. It's simple but that doesn't change the fact fact every financial spread sheet is back with receipts lol.
I'm not even arguing with you because I literally do this every weekend.
what are you even talking about? HR has nothing to do with this.
ofc expense reports and accounts payable reports are backed up with receipts and invoices. nobody is disputing that.
i’m saying an accounting firm is never going to assume that an employee wants every receipt and invoice from a company’s operation in a quarter. that’s an extreme ask. and it amounts to auditing, which is extremely weird for anybody outside of the IRS to request to do. it’s even rare for the IRS.
if Rory wanted to pay a separate accounting firm to fully audit Joe’s business, I can see why Joe found that extremely strange and I can see why it caused a rift. that’s not normal.
what are you even talking about? HR has nothing to do with this.
ofc expense reports and accounts payable reports are backed up with receipts and invoices. nobody is disputing that.
i’m saying an accounting firm is never going to assume that an employee wants every receipt and invoice from a company’s operation in a quarter. that’s an extreme ask. and it amounts to auditing, which is extremely weird for anybody outside of the IRS to request to do. it’s even rare for the IRS.
if Rory wanted to pay a separate accounting firm to fully audit Joe’s business, I can see why Joe found that extremely strange and I can see why it caused a rift. that’s not normal.
Listen you are making this harder than it is.
Rory and Mal asked for reports that Joe hesitated to give and when he did it was a mistake. And Rory said himself that he paid for the accounting therefore he had every right to get detailed reports.
I'm not responding after this because you are defending joe like you know him personally.
No one hides accounting from friends lol. Especially ones rhat are being paid based on profit made
Listen you are making this harder than it is.
Rory and Mal asked for reports that Joe hesitated to give and when he did it was a mistake. And Rory said himself that he paid for the accounting therefore he had every right to get detailed reports.
I'm not responding after this because you are defending joe like you know him personally.
No one hides accounting from friends lol. Especially ones rhat are being paid based on profit made
you’re wrong.
they asked for accounting and received it. they just apparently didn’t know it could be done in excel.
they literally said that.
I mean as long as it's audited financials w line items coming from the CPA and not Joe, could be PDF or Excel doesn't matter.
Crazy how they couldn't just all sit down and go line by line and figure this s*** out.
Every time they tried to Joe snapped at them
I still can't believe Buddens really gone and destroyed his career.
What a f***ing idiot
He’s going to be fine lol
Everyone around him is now an employee, exactly how he wants it.
I still can't believe Buddens really gone and destroyed his career.
What a f***ing idiot
Don’t know how when he’s done this with everything he’s been a part of since his first album
I mean as long as it's audited financials w line items coming from the CPA and not Joe, could be PDF or Excel doesn't matter.
Crazy how they couldn't just all sit down and go line by line and figure this s*** out.
Ya. That's what I'm thinking. If Joe didn't do this on purpose to get new co-hosts on salary, then why couldn't this have been resolved in a 3 year time span.
If the contracts and the accounting are just some misunderstanding, how did it go on for so long?
Ya. That's what I'm thinking. If Joe didn't do this on purpose to get new co-hosts on salary, then why couldn't this have been resolved in a 3 year time span.
If the contracts and the accounting are just some misunderstanding, how did it go on for so long?
pride and ego. just like ITT ppl are convinced they already know something and refuse to hear logic otherwise.
on top of that, joe is f***ing nuts and a bit of sociopath imo and a bad communicator esp once his pride is hurt or his intelligence is questioned.
creates a cycle of f***ery.
he got a lot less expenses now with rory and mal gone
who said he lost the deal?
do you know how many receipts and invoices they must have in a quarter?
are you saying you wouldn’t trust the numbers given to you from an accounting firm if you were mal/rory to the extent that you’d want to compile all of the invoices and their matching receipts and sit down with a calculator and check the accounting firm’s math?
that’s pretty mad man
don't waste your time. these niggas have never worked a corporate job. you're arguing with LLC Twitter. niggas who never had to swipe an ID to get into their corporate offices
everything is done in excel. everything. now they can argue that there weren't enough line items and it wasn't detailed enough. but saying excel isn't accounting is like saying water isn't molecules
who said he lost the deal?
we’re just going off Cashapp not sponsoring the latest episode
Exactly, the fact that Rory once had a job in digital marketing means he would have seen accounting on an excel.
The funniest s*** was the people who agreed by saying “yeah, accountants don't use excel.” 😂
man i'm so happy to see this. i legit thought i was losing my mind during those parts. i have worked in legit finance jobs and everything was excel. even if numbers are in a PDF, they came from excel
do you know how many receipts and invoices they must have in a quarter?
are you saying you wouldn’t trust the numbers given to you from an accounting firm if you were mal/rory to the extent that you’d want to compile all of the invoices and their matching receipts and sit down with a calculator and check the accounting firm’s math?
that’s pretty mad man
Not if your lawyer says there is a 400k mistake. Then it is fair
Dude, he’s not going anywhere. Deal or no deal he owns his IP. People can act like they hate him but the moment he uploads they will tune in.
Okay Parks
at my previous job we did profit sharing. we weren’t going to the AP/AR department to ask for receipts and matching invoices to audit the company to figure out how much our profit share amount should be. nobody does that.
in fact, you’d literally have to hire your own accounting firm to check the work your company’s accounting department did. at that point your own employees are auditing the company to the level of the IRS. for what??
“Nobody does that” says a nobody