Accounting Talk » Business Accounting » How to include POs in expense report?
How to include POs in expense report?
Question:
Purchase Orders are contingent or future commitments and will become actual commitments only if accepted by the vendor, they do not become expenses until the vendor has fulfilled his obligations. Since they are not expenses they are not included in a P&L. I don’t think you mean what you said about Accounts Payable; they belong on the balance sheet and not in a P&L. Perhaps you are comparing a cash-basis P&L with an accrual-basis "Itemized P&L". You won’t find the report you want in QuickBooks or any other program I’ve seen. With a later version of QB you could export to Excel and create your own custom report, but you’re out of luck with QB4. – Hide quoted text — Show quoted text – Using QuickBooks Pro 4.0 Windows. How do I include Purchase Orders in an expense report? How to include Purchase Orders in any kind of expense report is a mystery. Also mysterious is that a "Standard – Profit & Loss" will not include Accounts Payable, but the "Itemized – Profit & Loss" will include Accounts Payable. Basically, I need some form of comprehensive expense report to include what I’ve spent and what I’m committed to spend (open purchase orders, and payables).
Response:
To accomplish what you want you will need to do an analysis of all your purchase orders and create a journal entry accruing your future purchases. After you run your reports you should either reverse or delete this entry. What you want to do is rather unusual to say the least. I have never come across this in 30 years of practice, but then its your books you can do as you wish. Perhaps you can share with us why you need to make such an unorthodox adjustment to your reports. If I were to speculate then perhaps your business has gone under and will not have any more revenue in the furture; but you need to make future expenditures to cover product waranties for sales make in the past.
– Hide quoted text — Show quoted text – Using QuickBooks Pro 4.0 Windows. How do I include Purchase Orders in an expense report? How to include Purchase Orders in any kind of expense report is a mystery. Also mysterious is that a "Standard – Profit & Loss" will not include Accounts Payable, but the "Itemized – Profit & Loss" will include Accounts Payable. Basically, I need some form of comprehensive expense report to include what I’ve spent and what I’m committed to spend (open purchase orders, and payables).
Response:
You should talk to an Accountant. Des
– Hide quoted text — Show quoted text – Using QuickBooks Pro 4.0 Windows. How do I include Purchase Orders in an expense report? How to include Purchase Orders in any kind of expense report is a mystery. Also mysterious is that a "Standard – Profit & Loss" will not include Accounts Payable, but the "Itemized – Profit & Loss" will include Accounts Payable. Basically, I need some form of comprehensive expense report to include what I’ve spent and what I’m committed to spend (open purchase orders, and payables).
Response:
To accomplish what you want you will need to do an analysis of all your purchase orders and create a journal entry accruing your future purchases.
What in the world? And some folk thinks that Enron accounting was screwy. Using QuickBooks Pro 4.0 Windows. How do I include Purchase Orders in an expense report?
You can’t. They are contigent on a future event which hasn’t happened yet. Basically, I need some form of comprehensive expense report to include what I’ve spent and what I’m committed to spend (open purchase orders, and payables).
Probably what you are wanting is a Cash Needs Report, which shows the future cash needs of the company. I am not aware of any "in-the-box" accounting software that can generate such a report with the flick of a finger. Basically it’s a projected cash flows report, indicating the expected cash in and cash out over the next period(s). What you can use this for is knowing when you’ll have to see the banker to extend the line-of-credit. The Board of Directors and such probably don’t have a finger on the cash needs of their company like say, a smaller business where the owner handles almost all the business functions. They are the ones who will need to see a report that depicts the future need to find additional cash to fill the shortfall before it happens. Generally they have two colors, green and red, and you know how bad the color red is. — Paul A. Thomas, CPA taxman at negia.net
Response:
To accomplish what you want you will need to do an analysis of all your purchase orders and create a journal entry accruing your future purchases. What in the world? And some folk thinks that Enron accounting was screwy.
Paul, Didn’t you read the balance of my post? Personaly I think what he wants is absurd. The poster asked how, not if this were proper to so.
Response:
Using QuickBooks Pro 4.0 Windows. How do I include Purchase Orders in an expense report? How to include Purchase Orders in any kind of expense report is a mystery. Also mysterious is that a "Standard – Profit & Loss" will not include Accounts Payable, but the "Itemized – Profit & Loss" will include Accounts Payable. Basically, I need some form of comprehensive expense report to include what I’ve spent and what I’m committed to spend (open purchase orders, and payables).
Response:
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Accounting Talk » Accounting » Universe(s) Origin(s) – 7c of 7 (Nothing / Everything)
Universe(s) Origin(s) – 7c of 7 (Nothing / Everything)
Question:
-Symmetry to Asymmetry- …. transition from a state where the minimum that the sys- tem resides in is symmetric about the zero value to one in which it is asymmetrical is a common phenomenon in Nature and it is called symmetry breaking. The phenomenon of symmetry breaking reveals some- thing deeply significant about the workings of the Uni- verse. The laws of Nature are unerringly symmetrical. … Yet, despite the symmetry of the laws of Nature, we observe the outcomes of those symmetrical laws to be asymmet- rical states and structures. — -insert- Symmetry Breaking http://zebu.uoregon.edu/~js/ast123/lectures/lec19.html Excerpt: … The effect of symmetry breaking in the early Universe was a series of phase changes, much like when ice melts to water or water boils to steam. …. With respect to the Universe, a phase change during symmetry breaking is a point where the characteristics and the properties of the Universe make a radical shift. At the supergravity symmetry breaking, the Universe passed from the Planck era of total chaos to the era of spacetime foam. The energy release was used to create spacetime. During the GUT symmetry breaking, mass and spacetime separated and the energy released was used to create particles. -end insert- — Each of us is a powerful guide to arriving at the most general expression of the laws of electromagnetism and gravity. We occupy particular positions in the Universe at this moment of time even though the laws of gravity and electromagnetism are completely democratic with respect to positions in space. One of Nature’s deep secrets is the fact that the out- comes of the laws of Nature do not have to possess the same symmetries as the laws themselves. The out- comes are far more complicated, and far less symmet- rical, than the laws. Consequently, they are far more difficult to understand. In this way it is possible to have a Universe governed by a very small number of simple symmetrical laws (perhaps just a single law) yet manifesting a stupendous array of complex, asymmetrical states and structures that might even be able to think about themselves. In the last decade, there has been an enormous upsurge of interest in trying to understand the asymmetrical out- comes of symmetrical laws. The availability of inexpen- sive fast computers has greatly facilitated this activity because the complexities of the asymmetrical outcomes are generally too great for unaided human calculation to reveal what is happening in full detail. -Universe Scope- …. If the Universe is infinite in extent then anything that has any chance of occurring will be occurring some- where, and so somewhere there will be a region where there is a matter field whose potential-energy landscape is shallow enough for a very slow change to create a lot of accelerated expansion. Even if this is an unlikely situation (although there is no reason to think that it is), it will still happen in some places and we will find ourselves residing in one of them. This scenario makes our picture of the geography of the Universe vastly more complex. … The little variations in the structure of the vacuum from place to place will have been amplified from microscopic scales to the vastness of extragalactic space. …. The possibility of different vacuum states is far- reaching because if our Universe possesses differ- ent possible vacuums it means that the constants of physics, quantities which measure the strengths and properties of the forces of Nature, need not be uniquely determined. …. Soon after it was realised that a ‘chaotic’ vacuum landscape could give rise to different degrees of inflation all over an infinite universe, Andrei Linde and Alex Vilenkin, both Russian physicists now working in America, realised that things could be even more spectacular. These ubiquitous bouts of inflation need not be relegated to some time billions of years in the past. They should be occurring continually throughout the history of the Universe. Even today, most of the Universe beyond our visible horizon is expected to be in a state of accelerating inflation. …. Eternal inflation was not something that cosmolo- gists went out to construct deliberately. It turned up as an inevitable by-product of a theory which offered a straightforward explanation for a number of the ob- served properties of the Universe. …. Overall, the Universe is likely to be in a steady state, but populated by many little inflating bubbles, each spawning a never-ending sequence of ‘baby uni- verses’. Most of the Universe will be undergoing in- flation at the moment. We live in one of the regions where inflation stopped in the past and we could not exist if it were otherwise. …. This revolution in our conception of the Universe sees us as inhabitants of a large domain that has arisen in a cosmic history with neither beginning nor end, where the special requirements for stars and chem- istry and life to evolve are met. This local part of the Universe that has inflated to contain our visible portion of the Universe is just part of the story. Elsewhere, the Universe is predicted to be very dif- ferent. … our conception of the Universe has been transformed and we must expect that what we can see is not likely to be representable of the whole. All of the complexity that we expect to define the totality of the Universe around us is a reflection of the structure of the vacuum. It is a bottomless sea of energy for expanding universes to produce off- spring in the form of sub-regions that go their own way, becoming larger and cooler, ultimately creating within themselves the conditions for fur- ther baby universes to be born. -Something Out of Nothing?- At first, these events of inflationary reproduction appear to be spawning something out of nothing. In fact, the situation does nothing of the sort. We might think that if a whole sub-region of uni- verse appears and starts to expand then we must be violating one of the great conservation laws of physics. The most familiar is the conservation of energy. It was discovered in the last century that in all natural processes, the quantity that we call ‘energy’ is con- served. We can change its form, shuffle it around in different ways, use it to turn mass into radiation and vice versa, but when all is said and done, after we do the final accounting we should always find that the total energy comes out the same. So we might think that if we go from ‘no universe’ to ‘universe’ we are getting something — energy — for nothing and our fundamental conservation law is being broken. However, things are not so simple. Energy comes in two forms. Energy of motion is positive but potential forms of energy are negative. The latter is possessed by any body that feels an attractive force, like gravity. Universes and inflating domains within universes have very surprising properties when we start to inquire about their energies. Einstein’s theory of general relativity ensures that the total of the positive values of the energies of all the masses and motion with them is *exactly* counterbalanced by the sum of the negative poten- tial energies contributed by the gravitational forces between them. The total energy is zero. An expanding region can appear without any vio- lation of the conservation of energy. This is a rather striking conclusion. It shows how a large amount of inflationary expansion can be underwritten by drawing on a large potential reser- voir of negative potential energy. …. Vacuums can change; vacuums can fluctuate; vacuums can have strange symmetries, strange geographies, strange histories. More and more of the remarkable features of the Universe we ob- serve around us seem to be reflections of these properties of the vacuum. -Why is there Something Rather Than Nothing?- Some regard such questions as unanswerable, some go further to claim that they are meaningless, whilst others claim to provide the answers. Science has proved a reasonably effective way of finding out about the world because it confines it- self, in the main, to questions about ‘how’ things happen. If it does ask the question ‘why’ it is gener- ally about an aspect of things that can be answered if one is in possession of a full description of how a certain sequence of events occurs, what causes what, and so on. As one digs deeper to the roots of scientific theories one finds that there is a foundation of a sort that we call the laws of Nature, which govern the behaviour of the most elementary particles of Nature. …. So far, we have not found a theory that requires there to be only one possible universe. …. This question boils down to one about the nature of the vacuum landscape for the ultimate theory of the Universe. If there is a single valley in this landscape, then there is a single possible vacuum state and one possible set of values for the constants of Nature that define it. If there are many valleys, and so many vacua, then the constants of Nature are not uniquely specified by one possibility. They can exist with different values and … they may even do so elsewhere in our Universe now. Hence there has emerged a more modest version of the great ontological question, ‘Why is there something rather than nothing?’ which physicists are able to comment on in a meaningful way. From their perspective, certain aspects of the world may be inevitable or be necessary features of any uni- verse that is going to contain living observers. -Singularity- …. the old conclusions of the singularity theorems are no longer regarded by cosmologists as likely to be of relevance to our Universe. Crucial assumptions in those theorems — the attrac- tive nature of gravitation, and the truth of Einstein’s general theory of relativity all the way back to the earliest times when energies are so high that quan- tum gravitational effects must intervene — are no longer likely to be true. What are the … read more »
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-Symmetry to Asymmetry- …. transition from a state where the minimum that the sys- tem resides in is symmetric about the zero value to one in which it is asymmetrical is a common phenomenon in Nature and it is called symmetry breaking. The phenomenon of symmetry breaking reveals some- thing deeply significant about the workings of the Uni- verse.
Either you’re here to discuss something or you want to make a point. Currently it looks like you’re on verbose broadcast mode. What is your one point? Stew Dean
Response:
– Hide quoted text — Show quoted text – -Symmetry to Asymmetry- …. transition from a state where the minimum that the sys- tem resides in is symmetric about the zero value to one in which it is asymmetrical is a common phenomenon in Nature and it is called symmetry breaking. The phenomenon of symmetry breaking reveals some- thing deeply significant about the workings of the Uni- verse. Either you’re here to discuss something or you want to make a point. Currently it looks like you’re on verbose broadcast mode. What is your one point? Stew Dean
He has two points: Waste our time and waste our time. Oh! A third point. To attract attention. Which is why I just delete his stuff henceforth. John W Posted Via Uncensored-News.Com – FAST UNLIMITED DOWNLOAD – http://www.uncensored-news.com <<<<<<< The Worlds Uncensored News Source <<<<<<<<
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Accounting Talk » Business Accounting » buying a new aircraft
buying a new aircraft
Question:
No matter how much you fix up an old plane, it remains old. It flies old, smells old, and breaks down a lot. It is generally much cheaper to buy a new airplane rather than to try to upgrade an old airplane with new avionics, paint, interior, etc.
Really? I’d imagine that it would have more to do with the age of the engine than the age of the airframe. The newer 172R at the Ottawa Flying Club seems to spend as much time in the maintenance hangar as the older 172M’s and 172P’s. All the best, David —
Response:
All nice and clean and undamaged. Everything works and you get a 2-year (typ.) warranty which eliminates the major operating cost risk of a used plane
My new Cirrus went to the service center over 20 times in the first year. The service center is a 2 hour round trip flight. The warranty is 2 years, but does not include parts provided by suppliers. Things like the engine, avionics, tires, etc.
Response:
You know, new is nice and if you have the will and means to buy new, it’s a good thing for all the reasons listed by others here. There are reasons why you might want to buy a simple Cessna or Piper over a modern fixed gear single Cirrus, Katana, or whatever. I bought an almost new Maule but did so because it was relatively cheap, it drags it tail, and I live on a grass/mud strip. Otherwise I would have bought a C180 that was as old as I am for about the same money. If you have to watch your dollars or are otherwise interested in making a sound financial choice, used is the place to get transportation value. Choice, value, and options abound here. If you love aircraft of a certain type and vintage, or want to socialize with certain groups, used is where it is at by definition. And a lot of the best stuff around just isn’t available new. If you love hot machines and the prestige of a new ship, new/new is the place to get it. Some of those plane have teething problems but they are HOT (I don’t mean too hot for you to fly). High tech hedonism at its best. What could be better? And to go full circle, if like suspenders with your belt, don’t particularly care to be hot, and prefer dealing with the known, buy new/old (i.e Cessna, Piper). You already know how to fly it, you can move anonymously from FBO to ramp to distant city and back and never be noticed. Nothing wrong with that. Just some thoughts.
– Hide quoted text — Show quoted text – I am a student pilot, getting close to getting my Private Pilot license. Being trained on a C-172, I consider purchasing a similar plane (i.e. a simple 4-seater single). Why should I not buy a new one (assuming I can afford it)? If the depreciation story is so obvious, who are those people buying new ’simple’ aircraft? Analogy with cars doesn’t work, as cars do change (and sometimes improve) year-to-year, which doesn’t seem to be the case with planes. I will appreciate experienced owners who decided to buy new sharing their rationalization of such purchase. Regards, M.
Response:
It is generally much cheaper to buy a new airplane rather than to try to upgrade an old airplane with new avionics, paint, interior, etc.
No, way. Not even close. Take a run out mid 60’s 182 for example. Purchase price about $40K. New 182 is about $290K. New engine, prop, engine mount and accesories will set you back, worst case, $35K. Figure new leather interior at $5K, altough I put in my leather for a lot less. Paint and any needed body work and new fairings at $10K. OK I have spent $90K so far and all I need is a panel. What does your dream panel cost? Spend $50K on the panel and you’re at $140K. Now I’ll add the big engine that you can’t, that’s an extra $5K. Figure whatever you want to fix other minor stuff that old airplanes wear out. Insurance will be 1/2 – 1/3 of the new plane.
Response:
| | | Airplanes depreciate about 10% a year for the first three years, then begin | to slowly appreciate in value. (Except, of course, for airplanes with | relatively short useful lives, such as the Cirrus SR22 — these will | depreciate and never recover; their value will eventually depreciate to 0.) | | Why is the SR22 different in this regard? Why does it have a relatively | short useful life? The SR22’s airframe is limited by its type certificate to 4,350 hours. After that it becomes a lawn ornament.
Response:
The SR22’s airframe is limited by its type certificate to 4,350 hours. After that it becomes a lawn ornament.
Have any of them hit that yet? IIRC, the flight schools put about 1,000 hours a year on my old Cessna when it was new. George Patterson "Cuius testiculos habes, habeas cardia et cerebellum." – When you have their full attention in your grip, their hearts and minds will follow.
Response:
Things like the engine, avionics, tires, etc.
All of which are warranteed by their manufacturers. Lycoming, for example, has a full 1 year warrantee and prorated second year. George Patterson "Cuius testiculos habes, habeas cardia et cerebellum." – When you have their full attention in your grip, their hearts and minds will follow.
Response:
The SR22’s airframe is limited by its type certificate to 4,350 hours. After that it becomes a lawn ornament. Have any of them hit that yet? IIRC, the flight schools put about 1,000 hours a year on my old Cessna when it was new.
I doubt anybody’s close (if nothing else, an SR22 at a flight school probably wouldn’t be used that much due to insurance issues; at this point most underwriters are looking for 500 hours TT and an instrument rating for privately operated 22s.) Given that the oldest 22 is a bit more than two years old, there’s still time before this becomes an issue. The airframe lifetime for the SR22 was generated based on some formula applied to the SR20 lifetime (which I think is 12,000 hours) in order to speed along the original certification process. Cirrus will do whatever testing is necessary to come up with an independent airframe lifetime (which ought not to be much different than the SR20) prior to this being an issue for anyone.
Response:
Things like the engine, avionics, tires, etc. All of which are warranteed by their manufacturers. Lycoming, for example, has a full 1 year warrantee and prorated second year.
TCM doesn’t go beyond 1 year, nor do Garmin, Sandel, Arnav, and the various other manufacturers used by Cirrus. Even when the parts are replaced (some people have gone through 7 vacuum pumps, 4 HSIs, and quite a few flap relays) the warranty is not extended. So the bad design, which is probably causing these repetitive failures, becomes the owners problem after 1 year.
Response:
("Peter" wrote) If you rent the aircraft, you have to do 100 hour inspections This and other specific advice here is likely to be applicable only in the USA – so those elsewhere on the Earth’s surface, beware!
You’re right Peter. We sometimes get a little too focused on the FAA and USA flying here in rec.aviation. So, what exactly is the metric conversion for 100 hours? <g — Montblack
Response:
No matter how much you fix up an old plane, it remains old. It flies old, smells old, and breaks down a lot.
Unless you do one of the jobs that AOPA does with their prize aircraft. It is generally much cheaper to buy a new airplane rather than to try to upgrade an old airplane with new avionics, paint, interior, etc.
And if you look at the retail value of all the stuff AOPA does to one of those prizes, you’ll find that this is true. George Patterson "Cuius testiculos habes, habeas cardia et cerebellum." – When you have their full attention in your grip, their hearts and minds will follow.
Response:
Airplanes depreciate about 10% a year for the first three years, then begin to slowly appreciate in value. (Except, of course, for airplanes with relatively short useful lives, such as the Cirrus SR22 — these will depreciate and never recover; their value will eventually depreciate to 0.)
Why is the SR22 different in this regard? Why does it have a relatively short useful life?
Response:
Now, if you have a good business justification for having an airplane (good by IRS standards, not by common sense), then you can likely get Uncle Sam to pay for one third to one fourth of whatever plane you buy over the next five years (through depreciation). The trick is that with a new plane, the schedule is front loaded. You need to talk to an expert, but there are ways to help justify the extra expense of new.
Add in the guaranteed trade in values that some of the manufactures are offering you could roll through a couple of plane in the next 4 or 5 years. Of course talk to your legal and accounting people to make sure it’s good for you. Another good part to having your business is you don’t have anyone telling you that you can’t fly your own plane for business purposes.
Response:
I think after 4,700 (approx. – guessing) hours it is no longer considered FAA airworthy because of the airframe life of the composites. You keep hearing that it is only a paperwork issue for Cirrus to overcome, and that it will go up to something like 12,000 hrs pretty soon – but it hasn’t happened yet. I still think it’s odd that a hangar’d SR-22 has the same (UV rays) 4,700 hrs airframe limit as another SR-22 sitting out on the ramp (IN THE SUN) for ten years. The smaller Cirrus plane, the SR- 20, doesn’t have the short useful life problem that its big brother/sister has. Hope they get this "paperwork(?)" issue resolved before they go diesel. <g Montblack ("xyzzy" wrote) Airplanes depreciate about 10% a year for the first three years, then begin to slowly appreciate in value. (Except, of course, for airplanes with relatively short useful lives, such as the Cirrus SR22 — these will depreciate and never recover; their value will eventually depreciate to
0.) – Hide quoted text — Show quoted text – Why is the SR22 different in this regard? Why does it have a relatively short useful life?
Response:
I am a student pilot, getting close to getting my Private Pilot license. Being trained on a C-172, I consider purchasing a similar plane (i.e. a simple 4-seater single). Why should I not buy a new one (assuming I can afford it)? If the depreciation story is so obvious, who are those people buying new ’simple’ aircraft? Analogy with cars doesn’t work, as cars do change (and sometimes improve) year-to-year, which doesn’t seem to be the case with planes. I will appreciate experienced owners who decided to buy new sharing their rationalization of such purchase. Regards, M.
Response:
Misha, I bought new because the design I wanted was not available used (Diamond Star). Had I been interested in a Cessna, I would have had a hard time justifying a new plane. As it is, I bought new, and since I am willing to share it with a few select friends (renters), it isn’t much more expensive than if I had bought a used plane and not shared it. Since you can have a 20 year old plane brought up to new standards, customized for your taste in paint, interior and avionics, it would seem that unless the new plane has something about it you desire a lot you should go with used. Especially in your case. Assuming you can afford it, if you buy a new simple four seater, you will find that you want to trade up in a few years to something that you can’t quite afford! (believe me). Now, if you have a good business justification for having an airplane (good by IRS standards, not by common sense), then you can likely get Uncle Sam to pay for one third to one fourth of whatever plane you buy over the next five years (through depreciation). The trick is that with a new plane, the schedule is front loaded. You need to talk to an expert, but there are ways to help justify the extra expense of new. Lastly, some folks want a new plane, and can afford it (God Bless’em). New planes have warranties and usually less problems with maintenance. Some folks will put up cash to have this convenience. Good Luck, Eric PS don’t get discouraged by all the folks that say you should fly longer before buying. Its good advice, but its not a law. I love my plane, and am glad I didn’t wait.
– Hide quoted text — Show quoted text – I am a student pilot, getting close to getting my Private Pilot license. Being trained on a C-172, I consider purchasing a similar plane (i.e. a simple 4-seater single). Why should I not buy a new one (assuming I can afford it)? If the depreciation story is so obvious, who are those people buying new ’simple’ aircraft? Analogy with cars doesn’t work, as cars do change (and sometimes improve) year-to-year, which doesn’t seem to be the case with planes. I will appreciate experienced owners who decided to buy new sharing their rationalization of such purchase. Regards, M.
Response:
I will appreciate experienced owners who decided to buy new sharing their rationalization of such purchase.
Back in 1995, Maule was in trouble, so they cut the price on certain planes down to about 60% of normal retail. About that time, my 26 year old Cessna 150 hung a valve at ~800′ AGL when I was taking off to take my fiance on a sightseeing run up the Hudson River exclusion. At night. I called Maule the next day and said "build me a plane". I like flying behind new engines. George Patterson "Cuius testiculos habes, habeas cardia et cerebellum." – When you have their full attention in your grip, their hearts and minds will follow.
Response:
I am a student pilot, getting close to getting my Private Pilot license. Being trained on a C-172, I consider purchasing a similar plane (i.e. a simple 4-seater single). Why should I not buy a new one (assuming I can afford it)? If the depreciation story is so obvious, who are those people buying new ’simple’ aircraft? Analogy with cars doesn’t work, as cars do change (and sometimes improve) year-to-year, which doesn’t seem to be the case with planes. I will appreciate experienced owners who decided to buy new sharing their rationalization of such purchase. Regards, M.
Individuals (as opposed to companies, which is totally different) buy new versus used for the same reasons no matter what the big ticket item is. It’s bright, it’s shiny, smells new, and it doesn’t have the smells and stains of other people. It’s the latest and greatest. It has a warrenty and if anything is wrong you can go back and raise hell with the dealer instead of having to fix it yourself. You have made it, can do it, and by God, everyone should be aware of that fact. The feeling that it should be a while before anything breaks, and if anything does, you know about it as opposed to it being a hidden "feature" the seller doesn’t tell you about. As for the reality of any of this, airplanes are in a unique position because of the maintenance and logging requirements; there’s a vast difference between buying a 30 year old airplane and a 30 year old house or car just because of it. Bottom line; if the purchase has no business ramifications you are essentially buying a toy. Buy the best toy you can afford that floats your boat whether it’s a brand new 172 or a 1935 Waco as long as it’s something you can fly (I wouldn’t suggest buying a P-51, for example). Remember, he who dies with the most and best toys wins. — Jim Pennino (Toys, must have more toys)
Response:
The feeling that it should be a while before anything breaks, and if anything does, you know about it as opposed to it being a hidden "feature" the seller doesn’t tell you about.
After 1 year my new SR20 needs a second airplane logbook, the original was complete filled.
Response:
| I am a student pilot, getting close to getting my Private Pilot license. | Being trained on a C-172, I consider purchasing a similar plane (i.e. | a simple 4-seater single). Why should I not buy a new one (assuming I | can afford it)? If the depreciation story is so obvious, who are those | people buying new ’simple’ aircraft? Analogy with cars doesn’t work, as | cars do change (and sometimes improve) year-to-year, which doesn’t seem | to be the case with planes. | Actually, airplanes change more from year to year than cars do. The avionics alone have changed significantly in the 172 since it was re-introduced in 1998. Airplanes depreciate about 10% a year for the first three years, then begin to slowly appreciate in value. (Except, of course, for airplanes with relatively short useful lives, such as the Cirrus SR22 — these will depreciate and never recover; their value will eventually depreciate to 0.) New airplanes have good warranties which can often offset the cost of maintenance on an older airplane. No matter how much you fix up an old plane, it remains old. It flies old, smells old, and breaks down a lot. It is generally much cheaper to buy a new airplane rather than to try to upgrade an old airplane with new avionics, paint, interior, etc.
Response:
share it with a few select friends (renters), it isn’t much more expensive than if I had bought a used plane and not shared it.
Erick, What kind of arrangement do you have with your select friends (these renters)? How does it work with Insurance and charging them rental fees? Thanks, Ryan N8096W
Response:
| share it with a few select friends (renters), it isn’t much more expensive | than if I had bought a used plane and not shared it. | | Erick, What kind of arrangement do you have with your select friends (these | renters)? How does it work with Insurance and charging them rental fees? | If you rent the aircraft, you have to do 100 hour inspections (though these are not a great burden — you just build that into the rent, along with gas, engine overhaul, etc.) You do not absolutely have to have insurance. The most expensive part is hull value, and some people just go uninsured; they carry only liability insurance. In fact, this is becoming more common. You can also usually get specific individuals covered on your insurance, or you can insist that they provide their own renter’s insurance.
Response:
New airplanes have good warranties which can often offset the cost of maintenance on an older airplane. No matter how much you fix up an old plane, it remains old. It flies old, smells old, and breaks down a lot.
This has not been my experience. My C182P is 28 years old, and in the 3.5 years and 700+ hours I’ve flown it, it has never broken down once. I’ve yet to be stranded or have to cancel a flight for any mechanical reason. –Ron
Response:
I got on this 1995 Maule sales train a little later. I bought one 2 years and 35 hours later as the 3rd owner (the previous owners just bought and hangared due to the low price). I apparently paid exactly the factory advertised sale price but the plane had been upgraded with enough Nav and radio gear to be flown reasonably. There’s an alternative strategy here – buying a recently new/slightly used a/c might be a good option. You probably lose the warranty but you get an almost new ship with a big chunk of depreciation covered. You have to work hard to find the right deal instead of just sauntering up to the factory dealer, but you can save some bucks. – Hide quoted text — Show quoted text – I will appreciate experienced owners who decided to buy new sharing their rationalization of such purchase. Back in 1995, Maule was in trouble, so they cut the price on certain planes down to about 60% of normal retail.
Response:
OK…I gotta pipe in here: : Actually, airplanes change more from year to year than cars do. The avionics : alone have changed significantly in the 172 since it was re-introduced in : 1998. This does not change the airplane… just the options included. The fact that it’s "ridiculously" expensive to upgrade them is not intrinsic to the value of the plane… it’s induced : New airplanes have good warranties which can often offset the cost of : maintenance on an older airplane. Buy a new airplane (C-172 at what, $200k?) and it’s warranty (*maybe* $5k worth of stuff done during the warranty)…. For that, I’d rather buy four used ones and throw them away when they break. :No matter how much you fix up an old : plane, it remains old. It flies
ld, smells old, and breaks down a lot. The "new" airplanes most people are talking about (certified Cessnas and Pipers) are basically warmed-over versions of the original planes built close to 50 years ago. The only exceptions are the newer experimentals and kitplanes with composite constructions, liquid cooling, etc. :It is generally much cheaper to buy a new airplane rather than to try to : upgrade an old airplane with new avionics, paint, interior, etc. That seems like a slightl warped version of the aircraft purchasing rule of thumb that’s it’s cheaper to buy another more expensive *used* aircraft with the avionics you want than a cheaper used one that needs some new avionics. A new aircraft makes as much sense as a new car, financially… none. New car: $25k Used car: $5k (with $20k for "upgrades" and maintenance) New plane: $200k Used plane: $40k ($160k is a lot of upgrades and maintenance) Anway, enough ranting. If you’ve gotta have the "new plane smell," go for it…. I just wish I could afford it..
-Cory — * The prime directive of Linux: * * – learn what you don’t know, * * – teach what you do. * * (Just my 20 USm$) *
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Accounting Talk » Accountants » Accounting Package
Accounting Package
Question:
I am in the process of writing an accounting package. (Currently working on the GL portion) I am posting this message in case anyone interested in accounting might want to reply by email. What features would you like in an accounting package that you do not currently have? What don’t you like in an accounting system? use delphi AT pbyc.com to reply please. Thank you, Craig do not use RejectorOfSpam email address
Response:
What features would you like in an accounting package that you do not currently have?
I seem to be missing the "add more assets to the balance sheet" function that the folks at Enron and AA had. That’d be real nice at times. What don’t you like in an accounting system?
I don’t like that they were written by non-accountants. — Paul A. Thomas, CPA, PC Athens, Georgia
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Accountants
Tags: Accountants
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Accounting Talk » Business Accounting » Good accounting system for manufacturer with 20K inventory items?
Good accounting system for manufacturer with 20K inventory items?
Question:
two cents. And, since he doesn’t have a clue about the why, he is extremely vulnerable when the environment changes. Or, the one trick pony is an evolutionary dead end.
To which I can only reply: That was 20+ years ago. He, along with everyone involved, is now at least a millionaire, most multi-millionaires. Despite several environment changee during that period. To us non-accountants here, two million 2 cents. If you assume that he didn’t know what he was doing right, just because he chose not to reveal it, then you assume far too much. Regards, Irv – Hide quoted text — Show quoted text – His reply was to point to several competing businesses in his area, all of which were going broke, while he was making money (lots of money). "I must be doing something right", he said, "and I’m not about to change it – whatever it is."
Response:
For every exception we can find ten thousand who didn’t. What I don’t like about your story is it encourages people who aren’t going to be the one in ten thousand to ignore sound business practices. I find people using the same argument for why they don’t need to spend outrageous amounts on accounting. two cents. And, since he doesn’t have a clue about the why, he is extremely vulnerable when the environment changes. Or, the one trick pony is an evolutionary dead end. To which I can only reply: That was 20+ years ago. He, along with everyone involved, is now at least a millionaire,
… — * Ronald Lee Todd M.B.A., C.P.A. * * Unemployed for five years, mistake of being an accountant. * * From the Socialist People’s Republic of Kalifornia, * * the Seventh worst state for business, * * Ayn Rand was right *
Response:
It doesn’t seem that he was trying to save money, more that he was trying to increase quality. I like Peachtree, but I know that there are a number of small business who can’t use it. Reading some of the amazing work arounds that people use to make it or Quick Books works sometimes frigtens me. I come from a programming accounting software point of view. But the fact is that cutting costs on software or good accounting help is frequently an expensive idea. Bill Couture
Response:
Unfortunately, I haven’t heard of or seen overall "category winners", although I’m sure everyone has their preferences. My opinion is that there hasn’t been too many production process-oriented accounting packages b/c small manufacturers often have what they consider to be unique process requirements (eg. food industry has strict lot control and QA requirements, etc.), so they end up growing to a certain size and finally buying a customized package. This wouldn’t be a bad idea if you have complex routings/BOMs/etc., and you have a decent VB or Access programmer(s). If the production process isn’t project-based, I would probably consider one of the Great Plains or Sage products. If it’s project-based, then I would probably go w/ developing a custom application, b/c what you buy will probably have to go through extensive customization anyway. WB – Hide quoted text — Show quoted text – You may want to look closer at the production process as a more important factor in selecting a package (eg. batch, process, job shop, etc). For manufacturers, even small ones, I’d say that this factor is more important than CRM considerations, Which accounting systems do you think are the best choices for each of the production types that you have identified, and why do you prefer that system for that production type? I sense this is an important point you have made, and I’m wondering if you have seen any writeups discussing this in more detail? — Will NOTE: To reply, CHANGE the username to westes AT uscsw.com I’ve worked w/ Great Plains eEnterprise, and I know the eEnterprise package won’t have a problem w/ 20k items b/c I’ve loaded more than 4-5 times that in our item master. However, I don’t know if the lower level, less expensive packages from GP are also the capable. Also, GP has a decent Sales trxn entry screen as far as quotes are concerned, but if you really want something nice, I’d look for an add-on pkg w/ a more user friendly interface. If you’re looking at GP, you probably want to take a look at MAS90 as well; I’ve never used it, but heard it’s a decent app. You may want to look closer at the production process as a more important factor in selecting a package (eg. batch, process, job shop, etc). For manufacturers, even small ones, I’d say that this factor is more important than CRM considerations, simply because you can have a separate CRM pkg that feeds final sales to an Accounting pkg; not all CRM activity needs to generate a g/l entry, but virtually all of your production process entries typically need to generate a g/l entry. Hope this helps, WB message I am searching for the short list of good accounting systems to use for a $7M manufacturing company with fewer than 50 employees. They have 20K unique items that must be inventoried, and their product is essentially delivered as a service, performing custom modifications to some grouping of those 20K unique items. Assuming cost was no object, what would be the best accounting system for this company? Cost is no object doesn’t mean that they want to hire a staff of 10 people to maintain SAP for them. Cost is no object means they are willing to pay up front for great functionalty, but that the system’s ongoing maintenance requirements, and its inherent complexity, need to be in line with their company size. I want this to be a strategic decision for the company, and this should be a system that will last them at least 10 years. Some other important requirements: – The existing system is a home-grown hodgepodge collection of dBase applications. The most expensive part of the project may well be the data conversion. So another requirement would be that the target system have excellent well defined interfaces for adding in transactions programmatically. – It would be quite important for the application to have either a great built-in sales quote capability for salespeople to use, or alternately a very clean interface to an affordable CRM system that in turn has a great sales quote capability. This company needs to be able to very efficiently generate sales quotes that might involve large numbers of combinations of their 20K unique inventory items in order to build the more complex deliverable to the customer (e.g., the main assembly shapes and sizes, the paint to use, the trimming color, etc.). How good a fit is Great Plains to this application? — Will NOTE: To reply, CHANGE the username to westes AT uscsw.com
Response:
two cents. And, since he doesn’t have a clue about the why, he is extremely vulnerable when the environment changes. Or, the one trick pony is an evolutionary dead end.
… His reply was to point to several competing businesses in his area, all of which were going broke, while he was making money (lots of money). "I must be doing something right", he said, "and I’m not about to change it – whatever it is."
… — * Ronald Lee Todd M.B.A., C.P.A. * * Unemployed for five years, mistake of being an accountant. * * From the Socialist People’s Republic of Kalifornia, * * the Seventh worst state for business, * * Ayn Rand was right *
Response:
Unfortunately, I haven’t heard of or seen overall "category winners", although I’m sure everyone has their preferences. My opinion is that there hasn’t been too many production process-oriented accounting packages b/c small manufacturers often have what they consider to be unique process requirements (eg. food industry has strict lot control and QA requirements, etc.), so they end up growing to a certain size and finally buying a customized package. This wouldn’t be a bad idea if you have complex routings/BOMs/etc., and you have a decent VB or Access programmer(s). If the production process isn’t project-based, I would probably consider one of the Great Plains or Sage products. If it’s project-based, then I would probably go w/ developing a custom application, b/c what you buy will probably have to go through extensive customization anyway.
This is good advice. I have a friend who, when computerising his business, asked me to write some custom software. In the interests of saving a friend money, I asked why he didn’t just buy one of the several existing software packages on the market. His reply was to point to several competing businesses in his area, all of which were going broke, while he was making money (lots of money). "I must be doing something right", he said, "and I’m not about to change it – whatever it is." The moral: bending your methods of operation to suit some off-the-shelf software may, in the long run, be much more costly than spending a bit more to obtain software perfectly suited to your needs. Regards, Irv Mullins
Response:
Why don’t you look at ACCPAC PRO. This package uses "dBASE" file format. Actually FoxPro. It can be purchased with Source Code. Has dealers all over and about 50,000 users world wide. Should be able to do what ever you want. Other then that would say that both Great Plains and PRO are 1000’s of times as good as Mess 90. Bill Couture
Response:
You may want to look closer at the production process as a more important factor in selecting a package (eg. batch, process, job shop, etc). For manufacturers, even small ones, I’d say that this factor is more important than CRM considerations,
Which accounting systems do you think are the best choices for each of the production types that you have identified, and why do you prefer that system for that production type? I sense this is an important point you have made, and I’m wondering if you have seen any writeups discussing this in more detail? — Will NOTE: To reply, CHANGE the username to westes AT uscsw.com
– Hide quoted text — Show quoted text – I’ve worked w/ Great Plains eEnterprise, and I know the eEnterprise package won’t have a problem w/ 20k items b/c I’ve loaded more than 4-5 times that in our item master. However, I don’t know if the lower level, less expensive packages from GP are also the capable. Also, GP has a decent Sales trxn entry screen as far as quotes are concerned, but if you really want something nice, I’d look for an add-on pkg w/ a more user friendly interface. If you’re looking at GP, you probably want to take a look at MAS90 as well; I’ve never used it, but heard it’s a decent app. You may want to look closer at the production process as a more important factor in selecting a package (eg. batch, process, job shop, etc). For manufacturers, even small ones, I’d say that this factor is more important than CRM considerations, simply because you can have a separate CRM pkg that feeds final sales to an Accounting pkg; not all CRM activity needs to generate a g/l entry, but virtually all of your production process entries typically need to generate a g/l entry. Hope this helps, WB message I am searching for the short list of good accounting systems to use for a $7M manufacturing company with fewer than 50 employees. They have 20K unique items that must be inventoried, and their product is essentially delivered as a service, performing custom modifications to some grouping of those 20K unique items. Assuming cost was no object, what would be the best accounting system for this company? Cost is no object doesn’t mean that they want to hire a staff of 10 people to maintain SAP for them. Cost is no object means they are willing to pay up front for great functionalty, but that the system’s ongoing maintenance requirements, and its inherent complexity, need to be in line with their company size. I want this to be a strategic decision for the company, and this should be a system that will last them at least 10 years. Some other important requirements: – The existing system is a home-grown hodgepodge collection of dBase applications. The most expensive part of the project may well be the data conversion. So another requirement would be that the target system have excellent well defined interfaces for adding in transactions programmatically. – It would be quite important for the application to have either a great built-in sales quote capability for salespeople to use, or alternately a very clean interface to an affordable CRM system that in turn has a great sales quote capability. This company needs to be able to very efficiently generate sales quotes that might involve large numbers of combinations of their 20K unique inventory items in order to build the more complex deliverable to the customer (e.g., the main assembly shapes and sizes, the paint to use, the trimming color, etc.). How good a fit is Great Plains to this application? — Will NOTE: To reply, CHANGE the username to westes AT uscsw.com
Response:
I’ve worked w/ Great Plains eEnterprise, and I know the eEnterprise package won’t have a problem w/ 20k items b/c I’ve loaded more than 4-5 times that in our item master. However, I don’t know if the lower level, less expensive packages from GP are also the capable. Also, GP has a decent Sales trxn entry screen as far as quotes are concerned, but if you really want something nice, I’d look for an add-on pkg w/ a more user friendly interface. If you’re looking at GP, you probably want to take a look at MAS90 as well; I’ve never used it, but heard it’s a decent app. You may want to look closer at the production process as a more important factor in selecting a package (eg. batch, process, job shop, etc). For manufacturers, even small ones, I’d say that this factor is more important than CRM considerations, simply because you can have a separate CRM pkg that feeds final sales to an Accounting pkg; not all CRM activity needs to generate a g/l entry, but virtually all of your production process entries typically need to generate a g/l entry. Hope this helps, WB – Hide quoted text — Show quoted text – I am searching for the short list of good accounting systems to use for a $7M manufacturing company with fewer than 50 employees. They have 20K unique items that must be inventoried, and their product is essentially delivered as a service, performing custom modifications to some grouping of those 20K unique items. Assuming cost was no object, what would be the best accounting system for this company? Cost is no object doesn’t mean that they want to hire a staff of 10 people to maintain SAP for them. Cost is no object means they are willing to pay up front for great functionalty, but that the system’s ongoing maintenance requirements, and its inherent complexity, need to be in line with their company size. I want this to be a strategic decision for the company, and this should be a system that will last them at least 10 years. Some other important requirements: – The existing system is a home-grown hodgepodge collection of dBase applications. The most expensive part of the project may well be the data conversion. So another requirement would be that the target system have excellent well defined interfaces for adding in transactions programmatically. – It would be quite important for the application to have either a great built-in sales quote capability for salespeople to use, or alternately a very clean interface to an affordable CRM system that in turn has a great sales quote capability. This company needs to be able to very efficiently generate sales quotes that might involve large numbers of combinations of their 20K unique inventory items in order to build the more complex deliverable to the customer (e.g., the main assembly shapes and sizes, the paint to use, the trimming color, etc.). How good a fit is Great Plains to this application? — Will NOTE: To reply, CHANGE the username to westes AT uscsw.com
Response:
I am searching for the short list of good accounting systems to use for a $7M manufacturing company with fewer than 50 employees. They have 20K unique items that must be inventoried, and their product is essentially delivered as a service, performing custom modifications to some grouping of those 20K unique items. Assuming cost was no object, what would be the best accounting system for this company? Cost is no object doesn’t mean that they want to hire a staff of 10 people to maintain SAP for them. Cost is no object means they are willing to pay up front for great functionalty, but that the system’s ongoing maintenance requirements, and its inherent complexity, need to be in line with their company size. I want this to be a strategic decision for the company, and this should be a system that will last them at least 10 years. Some other important requirements: – The existing system is a home-grown hodgepodge collection of dBase applications. The most expensive part of the project may well be the data conversion. So another requirement would be that the target system have excellent well defined interfaces for adding in transactions programmatically. – It would be quite important for the application to have either a great built-in sales quote capability for salespeople to use, or alternately a very clean interface to an affordable CRM system that in turn has a great sales quote capability. This company needs to be able to very efficiently generate sales quotes that might involve large numbers of combinations of their 20K unique inventory items in order to build the more complex deliverable to the customer (e.g., the main assembly shapes and sizes, the paint to use, the trimming color, etc.). How good a fit is Great Plains to this application? — Will NOTE: To reply, CHANGE the username to westes AT uscsw.com
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Accounting Talk » Management Accounting » Real World will lose technical support with GPS buyout
Real World will lose technical support with GPS buyout
Question:
Take a look at Visual AccountMate. I think you will find it can do what you want. — Myron Joy CPA Joy & Associates P.C. Phoenix Az Accountants and Information Technology Consultants. Developers of ClientLink E-Accounting Software. Visual AccountMate Business Partner.
– Hide quoted text — Show quoted text – Bad news came into my accounting department today. With the immediate buyout of RealWorld Corporation on 1/6/00, Great Plains Software does not intend to perform further development of this DOS based accounting package. Technical support lines will terminate by the end of this year. Our company’s RealWorld technical support company indicated that GPS wanted only the RealWorld market share, not the software. DOS based accounting packages are no longer marketable. A strong word of recommendation was to start searching a new accounting software package now before it is tool late by the end of this year. Plus, RealWorld has developed an uncontrollable reputation for inferior and highly flawed software furtther justifying the demise of CLASSIC DOS RealWorld software. Any comments – since I really need an EAM rather than ERP to accommodate by asset management needs for machinery/equipment?
Response:
Bad news came into my accounting department today. With the immediate buyout of RealWorld Corporation on 1/6/00, Great Plains Software does not intend to perform further development of this DOS based accounting package. Technical support lines will terminate by the end of this year. Our company’s RealWorld technical support company indicated that GPS wanted only the RealWorld market share, not the software. DOS based accounting packages are no longer marketable. A strong word of recommendation was to start searching a new accounting software package now before it is tool late by the end of this year. Plus, RealWorld has developed an uncontrollable reputation for inferior and highly flawed software furtther justifying the demise of CLASSIC DOS RealWorld software. Any comments – since I really need an EAM rather than ERP to accommodate by asset management needs for machinery/equipment?
Response:
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Accounting Talk » Office Accounting » Accounting Software Design
Accounting Software Design
Question:
What the world really needs is a system that does all the normal stuff well – but can be easily entended for small business vertical markets. I’ve searched for this for 3 years and haven’t found anything that is both high quality and cost effective.
Have you looked at our Accounting System Development Kit? See www.opac2.com Ian Richards
Response:
What is the price for this kit. They have no info on there web site. Michael Lee – Hide quoted text — Show quoted text – What the world really needs is a system that does all the normal stuff well – but can be easily entended for small business vertical markets. I’ve searched for this for 3 years and haven’t found anything that is both high quality and cost effective. Have you looked at our Accounting System Development Kit? See www.opac2.com Ian Richards
Response:
Hi All, Do you know of any good sites or newsgroups that discuss Accounting software design. I’m not an accountant, but have purchased a couple of books to study the subject, but was also looking for some sites that would discuss the issues in the design of this type of software. Thanks for any info. Lee
The data structures that are used in QuickBooks are published at our site at http://www.datablox.com/qb/qboview.htm. The lower left panel have buttons to them. Make sure you know what you’re getting into. Accounting system design is much harder than it looks like on the surface. It typically requires very good database (very complex relationships between data), user interface (many, many forms & reports), and deep transaction processing knowledge for multiuser systems. Even though many people will argue this – I estimate that using current state of the art development environments (Delphi, VB, or C++ – with MDB or SQL Server as data backend) – to build what a ‘middle’ functionality system (starting with what’s in QuickBooks or Peachtree – and adding more powerful inventory and TCPIP data access) would require about 250,000 lines of code. Current cost of about $15 per line of code in a delivered Windows product puts development cost at about $4M. Obviously, this doesn’t include any marketing costs. What the world really needs is a system that does all the normal stuff well – but can be easily entended for small business vertical markets. I’ve searched for this for 3 years and haven’t found anything that is both high quality and cost effective. Scott Treseder, Office/Q Developer 100% QuickBooks to VBA data extraction Clone your QuickBooks file to an Access 97 database http://www.datablox.com Spokane, WA
Response:
Hi All, Do you know of any good sites or newsgroups that discuss Accounting software design. I’m not an accountant, but have purchased a couple of books to study the subject, but was also looking for some sites that would discuss the issues in the design of this type of software. Thanks for any info. Lee
Response:
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Accounting Talk » Financial Accounting » Management Accounting and Manhours
Management Accounting and Manhours
Question:
I am financial accountant. I have recently started working for an enginieering company. I would be interested in sharing information with someone who has experience in management accounting dealing with subjects such as : manhours and payroll burden. Anyone who could recommend me a book on management accounting for firms which sell manhours (consulting, auditing or engineering) would be most welcome. Regards, Laurent.
Response:
need accounting sofware please send me info of what is out there nude pictures
Response:
Need any Information on Couger Mountain Software. I’m now using Couger Mountain and I want to change to another that I can use my data. Any information will be useful.
Response:
If it will dump to an ascii file, then just about any software will import it. You may have to edit the file, but it should work… The two products I handle, Macola and Red Wing, both can do that. Dana
Response:
You might want to take a look at www.baumark.com. We can import ASCII easily. Gail Hasselberg BAUMARK Accounting Software 1-888-485-3900 — The fault finder will find faults even in paradise. Thoreau – Hide quoted text — Show quoted text – Need any Information on Couger Mountain Software. I’m now using Couger Mountain and I want to change to another that I can use my data. Any information will be useful.
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Accounting Talk » Accounting Software » Getting Quicken data into Quickbooks automatically
Getting Quicken data into Quickbooks automatically
Question:
Right, but only if you are willing to create a whole new company for every quicken data file. If you just want to import your credit card data, you’re out of luck. – Hide quoted text — Show quoted text – Of course, QuickBooks already will convert Quicken data files — so you wouldn’t need such a tool for that specific purpose. I would wonder whether Intuit would be building a similar tool to allow full electronic transaction compatibility. And my guess is the $75 is rather steep for most users. Especially when they buy the sw for $90 in the store. Just my .02….fwiw. Regards, Wayne We were thinking of writing a tool which would get Quicken data into Quickbooks through a simple translation process so that I could, for example, get my WebCard Visa from http://www.conductor.com or modem or diskette provided Quicken credit card data into our QuickBooks file in a very easy manner. I would like to have this tool internally anyway, but I’m also wondering if anyone else out there has this same problem or a similar one, and would buy the tool. We’re thinking $75. If there is something out there which already does this then please tell me where, ’cause I want it. All comments welcome… Schulz Consulting http://www.s-consult.com MAS 90 accounting software consultants since 1986 860-295-9271 Keywords: MAS90 , Connecticut, CT, Accounting, Support
Response:
We were thinking of writing a tool which would get Quicken data into Quickbooks through a simple translation process so that I could, for example, get my WebCard Visa from http://www.conductor.com or modem or diskette provided Quicken credit card data into our QuickBooks file in a very easy manner. I would like to have this tool internally anyway, but I’m also wondering if anyone else out there has this same problem or a similar one, and would buy the tool. We’re thinking $75. If there is something out there which already does this then please tell me where, ’cause I want it. All comments welcome… Web-Based Time Tracking journyx WebTime is FREE for 60 Days at (512)834-8888
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Accounting Talk » Accountants » Winter Doldrums Part 11
Winter Doldrums Part 11
Question:
On 2-22-97 "Elaine Newman" <ENewman…@worldnet.att.net> wrote: >..snip..3 Doctors at a convention talking shop, one says ‘I love doing surgery on >Artists, they are so colorful, red hearts, pink stomachs, green spleens’, >the next doctor says….snip…
Elaine, Loved the lawyer joke! It got me lauging at 7:30 am, & that’s not easy to do! I’ve gotta print this one out. Lyse
U, ,U Doggies are just kids in fur! ==o==
Response:
Ok, you guys love lawyer jokes so much …. What’s black and brown and looks good on a lawyer? A Rottweiler! (she says, ducking and running!) P. (praying she never needs legal representation) – Hide quoted text — Show quoted text -ly…@aol.com (LyseB) wrote: >On 2-22-97 "Elaine Newman" <ENewman…@worldnet.att.net> wrote: >>..snip..3 Doctors at a convention talking shop, one says ‘I love doing >surgery on >>Artists, they are so colorful, red hearts, pink stomachs, green spleens’, >>the next doctor says….snip… >Elaine, > Loved the lawyer joke! It got me lauging at 7:30 am, & that’s not >easy to do! I’ve gotta print this one out. > Lyse
> U, ,U > Doggies are just kids in fur! ==o==
Response:
FOOD FOR THOUGHT????? WOULD THAT REALLY WORK????? – Hide quoted text — Show quoted text -On Fri, 21 Feb 1997 12:18:44 -0500, PamY <den…@EQUINOX.NET> wrote: >Hi Troops! > While we seem to be experiencing pseudo-spring here on Long Island, >others are still locked in the throes of winter, so here are a few more >day-brighteners (hopefully) for ya: > To Tell the Truth >Guy goes out to buy a pack of cigarettes, but the store is closed so he >decides to use the vending machine at his local bar. He goes in, orders a >beer, gets his butts and starts talking to a really gorgeous blonde. He >has a few more beers and after a little while, he and the blonde go back to >her place. Well, they have a grand old time, but suddenly he realizes that >it’s 3 AM and his wife’s gonna kill him, so he asks the blonde to shake >some talcum powder on his hands and he heads for home. >When he gets home, his wife is waiting up for him and she’s madder than a >wet hen! "Where the hell have you been?" she bellows. "Well," says he, "I >went to buy cigarettes, but the store was closed. So I went to the bar, >used the vending machine, had a few beers, met a beautiful blonde and went >back to her apartment where we made passionate love with abandon." >"You dirty liar," screams the wife. "You’ve been bowling again!" >~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ >Drug Dealers and Software Developers: coincidence? >————————— ————————— >Drug dealers Software developers >————————— ————————— >Refer to their clients Refer to their clients >as "users". as "users". >"The first one’s free!" "Download a free trial version…" >Have important South-East Have important South-East >Asian connections Asian connections >to help move the stuff). (to help debug the code). >Strange jargon: Strange jargon: >"Stick," "Rock," "SCSI," "RTFM," >"Dime bag," "E". "Java," "ISDN". >Realize that there’s Realize that there’s >tons of cash in the tons of cash in the >14- to 25-year-old 14- to 25-year-old >market. market. >Job is assisted by the Job is assisted by >industry’s producing industry’s producing >newer, more potent mixes. newer, faster machines. >Often seen in the company Often seen in the company of >of pimps and hustlers. marketing people and venture > capitalists. >Their product causes DOOM. Quake. SimCity. Duke Nukem 3D. >unhealthy addictions. ’Nuff said. >Do your job well, and Damn! Damn! DAMN!!! >you can sleep with >sexy movie stars who >depend on you. >~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ >Just cute: > From the "Pickles" comic strip: > "Beautiful young people are accidents of nature. > Beautiful old people are works of art." >~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ >~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ >Some days you’re the pigeon and >some days you’re the statue.
> PamY >Spokesmom for Jennie who has MS. >~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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johnc…@flash.net wrote: >FOOD FOR THOUGHT????? > WOULD THAT REALLY WORK?????
Nah! I sent copies to all the wives. P. – Hide quoted text — Show quoted text ->On Fri, 21 Feb 1997 12:18:44 -0500, PamY <den…@EQUINOX.NET> wrote: >>Hi Troops! >> While we seem to be experiencing pseudo-spring here on Long Island, >>others are still locked in the throes of winter, so here are a few more >>day-brighteners (hopefully) for ya: >> To Tell the Truth >>Guy goes out to buy a pack of cigarettes, but the store is closed so he >>decides to use the vending machine at his local bar. He goes in, orders a >>beer, gets his butts and starts talking to a really gorgeous blonde. He >>has a few more beers and after a little while, he and the blonde go back to >>her place. Well, they have a grand old time, but suddenly he realizes that >>it’s 3 AM and his wife’s gonna kill him, so he asks the blonde to shake >>some talcum powder on his hands and he heads for home. >>When he gets home, his wife is waiting up for him and she’s madder than a >>wet hen! "Where the hell have you been?" she bellows. "Well," says he, "I >>went to buy cigarettes, but the store was closed. So I went to the bar, >>used the vending machine, had a few beers, met a beautiful blonde and went >>back to her apartment where we made passionate love with abandon." >>"You dirty liar," screams the wife. "You’ve been bowling again!" >>~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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Hi Troops! While we seem to be experiencing pseudo-spring here on Long Island, others are still locked in the throes of winter, so here are a few more day-brighteners (hopefully) for ya: To Tell the Truth Guy goes out to buy a pack of cigarettes, but the store is closed so he decides to use the vending machine at his local bar. He goes in, orders a beer, gets his butts and starts talking to a really gorgeous blonde. He has a few more beers and after a little while, he and the blonde go back to her place. Well, they have a grand old time, but suddenly he realizes that it’s 3 AM and his wife’s gonna kill him, so he asks the blonde to shake some talcum powder on his hands and he heads for home. When he gets home, his wife is waiting up for him and she’s madder than a wet hen! "Where the hell have you been?" she bellows. "Well," says he, "I went to buy cigarettes, but the store was closed. So I went to the bar, used the vending machine, had a few beers, met a beautiful blonde and went back to her apartment where we made passionate love with abandon." "You dirty liar," screams the wife. "You’ve been bowling again!" ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Drug Dealers and Software Developers: coincidence? ————————— ————————— Drug dealers Software developers ————————— ————————— Refer to their clients Refer to their clients as "users". as "users". "The first one’s free!" "Download a free trial version…" Have important South-East Have important South-East Asian connections Asian connections to help move the stuff). (to help debug the code). Strange jargon: Strange jargon: "Stick," "Rock," "SCSI," "RTFM," "Dime bag," "E". "Java," "ISDN". Realize that there’s Realize that there’s tons of cash in the tons of cash in the 14- to 25-year-old 14- to 25-year-old market. market. Job is assisted by the Job is assisted by industry’s producing industry’s producing newer, more potent mixes. newer, faster machines. Often seen in the company Often seen in the company of of pimps and hustlers. marketing people and venture capitalists. Their product causes DOOM. Quake. SimCity. Duke Nukem 3D. unhealthy addictions. ’Nuff said. Do your job well, and Damn! Damn! DAMN!!! you can sleep with sexy movie stars who depend on you. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Just cute: From the "Pickles" comic strip: "Beautiful young people are accidents of nature. Beautiful old people are works of art." ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Some days you’re the pigeon and some days you’re the statue.
PamY Spokesmom for Jennie who has MS. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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Pam, I love your ‘jokes’ , and I heard a good one today that I thought I’d share too. 3 Doctors at a convention talking shop, one says ‘I love doing surgery on Artists, they are so colorful, red hearts, pink stomachs, green spleens’, the next doctor says ‘Me I love doing surgery on accountants, open them up and all their parts are numbered, makes it very easy’ the third doctor says ‘I love doing surgery on Lawyers, they have no heart, they have no guts and the head and the ass are interchangeable’
Sorry if I offended any lawyers. Elaine ENewman…@worldnet.att.net
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