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I. Logistics, inventory control, and operations concerns IV. General computerization/networking issues
I. Logistics, inventory control, and operations concerns
Does having computer-empowered accounting improve your speed and quality of service to those outside entities that determine your success in the marketplace? Not likely. By introducing software solutions to accounting, you’ve made a decent start, but the truth is, you’ve just computer-empowered the scorekeepers, not the players.... .
"... Step back a minute and reflect on the fundamental business process. You'll realize that, logiccally, certain transactions should not be inputted or posted until a prerequisite transaction is first inputted and posted in the database, or until a prerequisite condition is first met. (It's like, you shouldn't tie your shoelaces until after you've put on the shoes.)..."
If you are in retailing, you have to deal with dozens, perhaps hundreds, or even thousands of SKUs (stock-keeping units). In this line of work, inventory control can quickly... d II. Payroll concerns
One year after its promulgation, still discombobulating payroll preparers Since October 2008, SURE! PayMaster (ver. 7.3) has been fully compliant with R.A. 9504. Many of our clients have upgraded to Version 7.3 since then....
Full article. .
Full article. .
"...As everybody who does not work with a carabao knows, each incidence of manual data-encoding is one more opportunity for mistakes to creep into a database, whether it's keyed in by the BIR, by Ms. Moneypenny, or by you and me. The whole world is full of flawed data, but one sure way to minimize data errors is to eliminate incidences of manual data-encoding...." d
"...Some payroll clerks think that their payroll should start and end in consonance with their company fiscal year. This is not correct; the BIR requires payroll and corresponding taxes, and therefore also the required reports, to be done on a calendar year basis..." a
"...Even to someone without a criminal mind, it’s obvious that a dishonest employee can simply ask a willing co-employee (or anyone for that matter) to time in or out for the real owner of the ID card. It’s a trick older than the Bundy clock. Or Mr. James Bond could steal your swipe card, slip into your workplace, and - dump 50 pounds of siling labuyo into your Dunkin Donuts production run!...."
You processed the last pay period (December 16 to December 31, 2005), but couldn't proceed to the next calendar year’s (2006) first pay period. Instead, SURE! PayMaster pops up a message that “there are payroll records for the immediately past calendar year (2005) that have not been finalized/posted....
Are you being courted by a vendor of computerized timekeeping devices (aka computerized bundy clocks)? Avoid later disappointment and feelings of betrayal by...
III. Retailing issues
Retailing is hard. You're dealing with numerous not-very-loyal customers, doing lots of low-value transactions, with workers who aren't threatening to win any Nobel prizes anytime soon. To make your profits, you have to be very disciplined, very alert, an very customer-focused. And you also need a cast-iron... "...Changing the VAT rate DOES NOT INCREASE (or DECREASE) the selling price of an item. It simply means that the the government’s share..."
A point-of-sale (POS) system is indispensable in a retail business. It makes sales analysis a breeze, and can save you the salaries cost of a platoon of clerks. The following rules may help you make an informed decision and help you attain the benefits and improvements you envisioned when you started....
Some realistic thinking on an old question. When a retail business gets to a certain size, transaction volumes start becoming a challenge to cope with, for sheer quantity. At this point, the retail businessman starts thinking of computerization. He starts thinking about...
IV. General computerization/networking issues
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Last Friday, I got my Vista Home Basic OS via Fedex. I spent the weekend installing Vista in my home computer. Good news: All Balmori Software solutions run under Vista. Plus, all the programming tools, libraries and objects we use for our software work under Bill Gates' new OS.
Full article. "...Most people evaluating a software package just look at its explicit price tag. Don't make the mistake at ending your scrutiny here, because there is also... Part Two of the price: THE HIDDEN COSTS. Whether you're talking of a package costing a few thousand pesos or a few million, the hidden costs are typically far larger than the initial purchase price...." .
"...A CLIENT/SERVER network is the way to go for larger organizations and for any organization where the integrity and security of data are of high importance. In addition, a client/server network provides you with more flexibility...." .
"...By trapping errors, well-designed applications save you tons of time you used to spend tracking down, and then remedying, mistakes that were very avoidable to begin with. If you can be guaranteed that you never again have to squander these vast unrecoverable swathes of wasted time, you can imagine how much more productive your organization will be...." .
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When evaluating a software application, it’s helpful to keep in mind the following mental model: Always maintain a careful distinction between (a) the user interface, and (b) the underlying algorithms.
Many business people continue to be confused about a fundamental choice that computerization always presents: whether to use an off-the-shelf package or to commission a tailor-made application. The choice is made more difficult when money is no object. Below, we present what we hope is an objective listing of the pros and cons of both options, gleaned from our two decades in systems development.
Evermostful Corp. (real company, fictitious name) is an upper-medium-sized enterprise that considers itself fairly decently computerized. It has an office LAN, on which it runs an accounting application, an inventory control, a/r, and a/p application, and a payroll application. Everyone at Evermostful is happy...
In our 20 years as a software developer, by far the single leading reason why our customers come to us for technical support has been data corruption. Your data can get corrupted ...
Why should I back up my data? You want to back up your data because you need to have a spare copy when these files become corrupted...
V. Accounting concerns
dual-currency software
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