Accounting Talk » Accounting Software » Multiple deposit
Multiple deposit
Question:
How do I make deposit in Peachtree accounting that will let me reconcilation my checking ,we deposit made by Visa Amex but we use other software to our sale and use Peachtree as accounting sofware
Response:
You should be able to make deposits via the check register or general ledger. How do I make deposit in Peachtree accounting that will let me reconcilation my checking ,we deposit made by Visa Amex but we use other software to our sale and use Peachtree as accounting sofware
– Computer Help Desk MAS90, Peachtree & Quickbooks No waiting for help 660-216-0397 Northeastern Missouri
Response:
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Accounting Talk » Accounting Job » Roy Moore for President: third Party tea party?
Roy Moore for President: third Party tea party?
Question:
ELECTION 2004 Roy Moore for president? ‘Ten Commandments judge’ won’t rule out challenge to Bush
<snip I am really looking forward to this. It should be a lot of fun.
Response:
– Hide quoted text — Show quoted text – ELECTION 2004 Roy Moore for president? ‘Ten Commandments judge’ won’t rule out challenge to Bush Posted: February 2, 2004 10:38 p.m. Eastern
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Accounting Job
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Accounting Talk » Financial Accounting » question from acctg student to acctg professionals
question from acctg student to acctg professionals
Question:
I am a Jr at the Univ of Central Florida majoring in accounting. I recently had a situation where my textbook and the professor gave conflicting instruction on what I would think would be a fairly important issue regarding where to place donations on financial statements. The conflict arose in a donation from a governmental organization to a for-profit entity. (The example was a city donating a piece of land to a manufacturing firm to bring industry into the area). Should this be classified as "Contributed Capital" or "Revenue"? I won’t say what way the professor or the text voted (I’ll do it the professors way for the tests obviously but would like to know for other classes down the road) – if some accounting professionals could just give me their responses I would appreciate it. Thanks, Wendi
Response:
I am a Jr at the Univ of Central Florida majoring in accounting. I recently had a situation where my textbook and the professor gave conflicting instruction on what I would think would be a fairly important issue regarding where to place donations on financial statements. The conflict arose in a donation from a governmental organization to a for-profit entity. (The example was a city donating a piece of land to a manufacturing firm to bring industry into the area). Should this be classified as "Contributed Capital" or "Revenue"? I won’t say what way the professor or the text voted (I’ll do it the professors way for the tests obviously but would like to know for other classes down the road) – if some accounting professionals could just give me their responses I would appreciate it. Thanks, Wendi
contributing land to a company for a promise of jobs is fairly common, however, there are usually lots of conditions for gaining eventual clear title to the land. I would guess that it would be a debit to assets and a credit to a liability account with it eventually decreasing the "cost of the facility"
Response:
– Hide quoted text — Show quoted text – I am a Jr at the Univ of Central Florida majoring in accounting. I recently had a situation where my textbook and the professor gave conflicting instruction on what I would think would be a fairly important issue regarding where to place donations on financial statements. The conflict arose in a donation from a governmental organization to a for-profit entity. (The example was a city donating a piece of land to a manufacturing firm to bring industry into the area). Should this be classified as "Contributed Capital" or "Revenue"? I won’t say what way the professor or the text voted (I’ll do it the professors way for the tests obviously but would like to know for other classes down the road) – if some accounting professionals could just give me their responses I would appreciate it. contributing land to a company for a promise of jobs is fairly common, however, there are usually lots of conditions for gaining eventual clear title to the land. I would guess that it would be a debit to assets and a credit to a liability account with it eventually decreasing the "cost of the facility"
It would all depend on the facts and circumstances, but if the entity didn’t ~pay~ for the land, the asset is booked at $0 cost basis, no depreciation, although there would be something about it in the notes, including any underlying obligations. — Paul A. Thomas, CPA
Response:
- Hide quoted text — Show quoted text – I am a Jr at the Univ of Central Florida majoring in accounting. I recently had a situation where my textbook and the professor gave conflicting instruction on what I would think would be a fairly important issue regarding where to place donations on financial statements. The conflict arose in a donation from a governmental organization to a for-profit entity. (The example was a city donating a piece of land to a manufacturing firm to bring industry into the area). Should this be classified as "Contributed Capital" or "Revenue"? I won’t say what way the professor or the text voted (I’ll do it the professors way for the tests obviously but would like to know for other classes down the road) – if some accounting professionals could just give me their responses I would appreciate it. contributing land to a company for a promise of jobs is fairly common, however, there are usually lots of conditions for gaining eventual clear title to the land. I would guess that it would be a debit to assets and a credit to a liability account with it eventually decreasing the "cost of the facility" It would all depend on the facts and circumstances, but if the entity didn’t ~pay~ for the land, the asset is booked at $0 cost basis, no depreciation, although there would be something about it in the notes, including any underlying obligations.
Thanks for your responses – I found the explanation regarding the descrepancy on the publisher’s website. Here it is in case any future reader’s are curious: Note: GAAP (SFAS No. 116) requires that donations received by nonprofit entities be recorded as revenue. However, because this is a transaction between a governmental unit and a business enterprise, SFAS No. 116 does not necessarily apply. We choose in the text to report the donation as revenue from donations. Alternatively, the donation could be recorded as contributed capital. Journal Entry Option: LotsofJobs Manufacturing Land 375,000 Revenue from Donations 375,000 Alternatively: Land 375,000 Paid-In Capital
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Accounting Talk » Accounting » Celebrating small victories …
Celebrating small victories …
Question:
On Thu, 24 Jan 2002 03:23:48 GMT, "Wanda" <Divra…@worldnet.att.net> wrote: >Sounds like you have started making friends already. Just keep talking to >them and others in your classes. Not just about class work either.
I guess that’s the part where I might have apprehension. Making that transition to other stuff without looking … weird. – Hide quoted text — Show quoted text ->Good Luck, >Wanda >"ALM" <moc.rr.xoc@mla> wrote in message >news:3c4f2e24.33585984@news-server… >> So I started classes this week. I’m taking all MIS courses because >> I’ve finished up everything in Accounting (I’m double-majoring.) >> Sadly, everyone I knew in accounting is not to be found in MIS >> classes. Okay, so I need to make new friends. I found it was >> amazingly easier to introduce myself to people than I expected. I >> know their names, and even managed to find partners for two group >> projects already! Some of the people I’ve introduced myself to were >> people I met much earlier in college and never saw again (one a cute >> girl from orientation, another a guy a knew from High School and >> hadn’t seen since.) I’m proud of myself for at least making that >> effort; rather than just keeping my mouth shut and allowing the >> professors to assign me to groups. >> So I at least have partners, and I’m more comfortable with people than >> I expected to be. >> How do I go about making FRIENDS? >> ALM #129dx———————– >> E-mail: moc.rr.xoc@mla >> (typed backwards to prevent SPAM) >> Website: home.cox.rr.com/alm
ALM #129dx———————– E-mail: moc.rr.xoc@mla (typed backwards to prevent SPAM) Website: home.cox.rr.com/alm
Response:
Even though we got off on the wrong foot the other day, I’d like to wish you all the best with your studies this year. You’ll have to forgive my ignorance here, but can you enlighten me as to what MIS stands for? S ———- In article <3c4f2e24.33585984@news-server>, moc.rr.xoc@mla (ALM) wrote:
~So I started classes this week. I’m taking all MIS courses because ~I’ve finished up everything in Accounting (I’m double-majoring.) ~Sadly, everyone I knew in accounting is not to be found in MIS ~classes. Okay, so I need to make new friends. I found it was ~amazingly easier to introduce myself to people than I expected. I ~know their names, and even managed to find partners for two group ~projects already! Some of the people I’ve introduced myself to were ~people I met much earlier in college and never saw again (one a cute ~girl from orientation, another a guy a knew from High School and ~hadn’t seen since.) I’m proud of myself for at least making that ~effort; rather than just keeping my mouth shut and allowing the ~professors to assign me to groups. ~ ~So I at least have partners, and I’m more comfortable with people than ~I expected to be. ~ ~How do I go about making FRIENDS? ~ALM #129dx———————– ~E-mail: moc.rr.xoc@mla ~(typed backwards to prevent SPAM) ~Website: home.cox.rr.com/alm
Response:
ALM (moc.rr.xoc@mla) writes: > On Thu, 24 Jan 2002 03:23:48 GMT, "Wanda" <Divra…@worldnet.att.net> > wrote: >>Sounds like you have started making friends already. Just keep talking to >>them and others in your classes. Not just about class work either. > I guess that’s the part where I might have apprehension. Making that > transition to other stuff without looking … weird.
You don’t look weird to me! I find it endearing, myself, and…well…cute, in a good way that is:) Think of it as maybe "stopping to be weird?"? Try turning it around, in that way, in how you **perceive*** it, maybe…?:) Since you have not seen these persons in years, they could not find your change weird at all anyway, right?:) Keep it up, ALM! I think you are doing fantastic!:) Chloe > – Hide quoted text — Show quoted text ->>Good Luck, >>Wanda >>"ALM" <moc.rr.xoc@mla> wrote in message >>news:3c4f2e24.33585984@news-server… >>> So I started classes this week. I’m taking all MIS courses because >>> I’ve finished up everything in Accounting (I’m double-majoring.) >>> Sadly, everyone I knew in accounting is not to be found in MIS >>> classes. Okay, so I need to make new friends. I found it was >>> amazingly easier to introduce myself to people than I expected. I >>> know their names, and even managed to find partners for two group >>> projects already! Some of the people I’ve introduced myself to were >>> people I met much earlier in college and never saw again (one a cute >>> girl from orientation, another a guy a knew from High School and >>> hadn’t seen since.) I’m proud of myself for at least making that >>> effort; rather than just keeping my mouth shut and allowing the >>> professors to assign me to groups. >>> So I at least have partners, and I’m more comfortable with people than >>> I expected to be. >>> How do I go about making FRIENDS? >>> ALM #129dx———————– >>> E-mail: moc.rr.xoc@mla >>> (typed backwards to prevent SPAM) >>> Website: home.cox.rr.com/alm > ALM #129dx———————– > E-mail: moc.rr.xoc@mla > (typed backwards to prevent SPAM) > Website: home.cox.rr.com/alm
–
Response:
Sometimes it’s hard knowing what to talk about. Maybe the schools activities other than your classes. Maybe a movie that everyone has been talking about. Just kind of casually mention something about it and see if your new friends pick up and comment on it. Wanda : ) – Hide quoted text — Show quoted text -"ALM" <moc.rr.xoc@mla> wrote in message news:3c4ff6f5.1089486@news-server… > On Thu, 24 Jan 2002 03:23:48 GMT, "Wanda" <Divra…@worldnet.att.net> > wrote: > >Sounds like you have started making friends already. Just keep talking to > >them and others in your classes. Not just about class work either. > I guess that’s the part where I might have apprehension. Making that > transition to other stuff without looking … weird. > >Good Luck, > >Wanda > >"ALM" <moc.rr.xoc@mla> wrote in message > >news:3c4f2e24.33585984@news-server… > >> So I started classes this week. I’m taking all MIS courses because > >> I’ve finished up everything in Accounting (I’m double-majoring.) > >> Sadly, everyone I knew in accounting is not to be found in MIS > >> classes. Okay, so I need to make new friends. I found it was > >> amazingly easier to introduce myself to people than I expected. I > >> know their names, and even managed to find partners for two group > >> projects already! Some of the people I’ve introduced myself to were > >> people I met much earlier in college and never saw again (one a cute > >> girl from orientation, another a guy a knew from High School and > >> hadn’t seen since.) I’m proud of myself for at least making that > >> effort; rather than just keeping my mouth shut and allowing the > >> professors to assign me to groups. > >> So I at least have partners, and I’m more comfortable with people than > >> I expected to be. > >> How do I go about making FRIENDS? > >> ALM #129dx———————– > >> E-mail: moc.rr.xoc@mla > >> (typed backwards to prevent SPAM) > >> Website: home.cox.rr.com/alm > ALM #129dx———————– > E-mail: moc.rr.xoc@mla > (typed backwards to prevent SPAM) > Website: home.cox.rr.com/alm
Response:
Sounds like you have started making friends already. Just keep talking to them and others in your classes. Not just about class work either. Good Luck, Wanda "ALM" <moc.rr.xoc@mla> wrote in message
news:3c4f2e24.33585984@news-server… – Hide quoted text — Show quoted text -> So I started classes this week. I’m taking all MIS courses because > I’ve finished up everything in Accounting (I’m double-majoring.) > Sadly, everyone I knew in accounting is not to be found in MIS > classes. Okay, so I need to make new friends. I found it was > amazingly easier to introduce myself to people than I expected. I > know their names, and even managed to find partners for two group > projects already! Some of the people I’ve introduced myself to were > people I met much earlier in college and never saw again (one a cute > girl from orientation, another a guy a knew from High School and > hadn’t seen since.) I’m proud of myself for at least making that > effort; rather than just keeping my mouth shut and allowing the > professors to assign me to groups. > So I at least have partners, and I’m more comfortable with people than > I expected to be. > How do I go about making FRIENDS? > ALM #129dx———————– > E-mail: moc.rr.xoc@mla > (typed backwards to prevent SPAM) > Website: home.cox.rr.com/alm
Response:
- Hide quoted text — Show quoted text -ALM (moc.rr.xoc@mla) writes: > So I started classes this week. I’m taking all MIS courses because > I’ve finished up everything in Accounting (I’m double-majoring.) > Sadly, everyone I knew in accounting is not to be found in MIS > classes. Okay, so I need to make new friends. I found it was > amazingly easier to introduce myself to people than I expected. I > know their names, and even managed to find partners for two group > projects already! Some of the people I’ve introduced myself to were > people I met much earlier in college and never saw again (one a cute > girl from orientation, another a guy a knew from High School and > hadn’t seen since.) I’m proud of myself for at least making that > effort; rather than just keeping my mouth shut and allowing the > professors to assign me to groups. > So I at least have partners, and I’m more comfortable with people than > I expected to be. > How do I go about making FRIENDS?
Seems to me you are already doing just the right thing!:) Nice to see you trying again, ALM!:) Welcome back to life! And may it be kind to you as you are to it!:) Chloe > ALM #129dx———————– > E-mail: moc.rr.xoc@mla > (typed backwards to prevent SPAM) > Website: home.cox.rr.com/alm
–
Response:
ALM, Congratulations! It sounds like your semester is off to a good start. Keep up the good work. Have fun in MIS! David – Hide quoted text — Show quoted text -On Wed, 23 Jan 2002 21:45:28 UTC, moc.rr.xoc@mla (ALM) wrote: > So I started classes this week. I’m taking all MIS courses because > I’ve finished up everything in Accounting (I’m double-majoring.) > Sadly, everyone I knew in accounting is not to be found in MIS > classes. Okay, so I need to make new friends. I found it was > amazingly easier to introduce myself to people than I expected. I > know their names, and even managed to find partners for two group > projects already! Some of the people I’ve introduced myself to were > people I met much earlier in college and never saw again (one a cute > girl from orientation, another a guy a knew from High School and > hadn’t seen since.) I’m proud of myself for at least making that > effort; rather than just keeping my mouth shut and allowing the > professors to assign me to groups. > So I at least have partners, and I’m more comfortable with people than > I expected to be. > How do I go about making FRIENDS? > ALM #129dx———————– > E-mail: moc.rr.xoc@mla > (typed backwards to prevent SPAM) > Website: home.cox.rr.com/alm
–
Response:
So I started classes this week. I’m taking all MIS courses because I’ve finished up everything in Accounting (I’m double-majoring.) Sadly, everyone I knew in accounting is not to be found in MIS classes. Okay, so I need to make new friends. I found it was amazingly easier to introduce myself to people than I expected. I know their names, and even managed to find partners for two group projects already! Some of the people I’ve introduced myself to were people I met much earlier in college and never saw again (one a cute girl from orientation, another a guy a knew from High School and hadn’t seen since.) I’m proud of myself for at least making that effort; rather than just keeping my mouth shut and allowing the professors to assign me to groups. So I at least have partners, and I’m more comfortable with people than I expected to be. How do I go about making FRIENDS? ALM #129dx———————– E-mail: moc.rr.xoc@mla (typed backwards to prevent SPAM) Website: home.cox.rr.com/alm
Response:
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Accounting Talk » Office Accounting » Reverse telephone polarity whole house
Reverse telephone polarity whole house
Question:
Hello all, I recently installed a couple of new phone jacks. It’s a small house so I just ran wire from the interface doo-hickie. Jacks work fine but when I went to test them with my line tester it said they were reversed polarity. I didn’t wire them wrong and sure enough every jack in the house is reversed. Is there any reason not to simply reverse the two wires that lead to the main interface from which all the individual wires run. I’ve read that reversed polarity can screw up modems, etc. Any ideas would be helpful. Thanks, Nathan —
Response:
I recently installed a couple of new phone jacks. It’s a small house so I just ran wire from the interface doo-hickie. Jacks work fine but when I went to test them with my line tester it said they were reversed polarity. I didn’t wire them wrong and sure enough every jack in the house is reversed. Is there any reason not to simply reverse the two wires that lead to the main interface from which all the individual wires run. I’ve read that reversed polarity can screw up modems, etc.
It also makes it impossible to dial out. Sounds like your tester needs to be reversed.
Response:
Reversed polarity doesn’t cause any dial out problems. I clip onto lines all week long in my job, and make test calls, etc. Many times I am reversed. Your modem will work fine too. It’s not right to leave it this way though, and things are for a reason, though typically you will not see a problem. If every one in your house is coming up wrong, you can absolutely revers the red and green from the interface box (customer premises side) and you will be just fine and fix your issue. Have fun Chris – Hide quoted text — Show quoted text – I recently installed a couple of new phone jacks. It’s a small house so I just ran wire from the interface doo-hickie. Jacks work fine but when I went to test them with my line tester it said they were reversed polarity. I didn’t wire them wrong and sure enough every jack in the house is reversed. Is there any reason not to simply reverse the two wires that lead to the main interface from which all the individual wires run. I’ve read that reversed polarity can screw up modems, etc. It also makes it impossible to dial out. Sounds like your tester needs to be reversed.
Response:
Reversed polarity doesn’t cause any dial out problems.
It does here in NYC. I discovered it by accident 15 years ago. If you reverse the polarity, the phone’s buttons won’t generate a tone, of at least it won’t on the old Bell phones. However incoming calls work fine. I don’t have a clue why it does this but I used it for years in my old recording studio to enforce an "incoming only" phone in the control room.
Response:
I recently installed a couple of new phone jacks. It’s a small house so I just ran wire from the interface doo-hickie. Jacks work fine but when I went to test them with my line tester it said they were reversed polarity. I’ve read that reversed polarity can screw up modems, etc. It also makes it impossible to dial out. Sounds like your tester needs to be reversed.
Very little modern equipment is polarity sensitive. The old 2500 sets were polarity sensitive, and would not dial with reversed polarity. In the olden days when touch-tone dialing was a premium service, you could get 2500’s to work by reversing your own service lines – that was often the trick Ma Bell used to force you to pay up for the service. I haven’t run into any phones that cared about polarity in a long time, and while there might be a few high speed modems that care, it’s unlikely. Most equipment doesn’t draw power from the DC on the line as older equipment did (and thus is protected or doesn’t care). Also: Are you *sure* the polarity is reversed? In the bizarro world of Bell, the tip (green) is positive with respect to the ring (red). Between each wire and a good earth ground, green will be slightly positive and red will be about 48 volts negative. (This drops to about 6 volts when a phone is off the hook on the circuit. Hope that helps. — | See http://www.nitrosyncretic.com for the Heinlein FAQ & more |
Response:
Reversed polarity doesn’t cause any dial out problems.
Just to show that I haven’t been sniffin’ glue: http://hyperarchive.lcs.mit.edu/telecom-archives/TELECOM_Digest_Onlin… http://www.ale.org/archive/ale/ale-2000-12/msg00305.html I’m told that most modern phones have a polarity senser to correct polarity problems automatically.
Response:
Very little modern equipment is polarity sensitive. The old 2500 sets were polarity sensitive, and would not dial with reversed polarity.
Yeah, that’s how I tested the polarity when I home ran new phone lines in my house. I love those old Bell phones.
Response:
Reversed polarity doesn’t cause any dial out problems. I’m told that most modern phones have a polarity senser to correct polarity problems automatically.
In most cases, it’s just a diode bridge to ensure that the polarity enters the phone correctly. And those are only found in phones that draw their operating power from the line, which are increasingly uncommon. — | See http://www.nitrosyncretic.com for the Heinlein FAQ & more |
Response:
Also: Are you *sure* the polarity is reversed? In the bizarro world of Bell, the tip (green) is positive with respect to the ring (red). Between each wire and a good earth ground, green will be slightly positive and red will be about 48 volts negative. (This drops to about 6 volts when a phone is off the hook on the circuit.
It’s not so bizarre. Telephone circuits are typically 48 volts positive ground. Having a negative potential on the lines reduces oxydation.
Response:
Also: Are you *sure* the polarity is reversed? In the bizarro world of Bell, the tip (green) is positive with respect to the ring (red). It’s not so bizarre. Telephone circuits are typically 48 volts positive ground. Having a negative potential on the lines reduces oxydation.
Yeah, sure.
The basic elements of telephone signals are probably the oldest "new" technology still in use, and they are bass-ackward and upside down from most newer implementations of similar technology. The polarity of local telephone loops has no real justification; it’s just how it was designed almost a hundred years ago. The bit about reducing oxidation is post hoc. Just like the order of keys on a touch-tone pad. If you ask, you’ll be told that time-and-motion studies proved this layout (key 1 upper left) was somehow easier, faster, etc. Which is BS. It was designed that way because the design devolved to one senior Bell engineer, whose only instruction was "don’t make it look like a desk calculator." (Old-style electric desk calculators were universal on desktops in the 1940s and later. They have the same pattern as modern calculators, with 1 in the bottom left. Bell was concerned that the new touch-tone phones would be confused with calculators or that unfavorable comparisons would be made, hence the design imperative…) — | See http://www.nitrosyncretic.com for the Heinlein FAQ & more |
Response:
It does here in NYC. I discovered it by accident 15 years ago. If you reverse the polarity, the phone’s buttons won’t generate a tone, This only applies to antiques.
Antiques, maybe. But two of my antiques are still in service and going strong despite countless drops. I’ve never had to replace the handset cables, never had to change the batteries, never heard a drop out, click or chainsaw noise. Unfortunately, I can’t say the same for the modern phones I’ve bought since. Bring ‘em back, I say.
Response:
I recently installed a couple of new phone jacks. It’s a small house so I just ran wire from the interface doo-hickie. Jacks work fine but when I went to test them with my line tester it said they were reversed polarity. I didn’t wire them wrong and sure enough every jack in the house is reversed. Is there any reason not to simply reverse the two wires that lead to the main interface from which all the individual wires run. I’ve read that reversed polarity can screw up modems, etc. Any ideas would be helpful. What kind of telephone service drop or lateral do you have? Single pair airiel service drops have a ridge on one side to indicate the ring side of the pair. The terms tip, ring, and sleeve come from the parts of a 1/4" phone plug that was used to connect calls on manual switch boards. These plugs are identical to the ones to be found on stereo head phones with 1/4" plugs. Multi pair cable will be color coded to indicate tip and ring. In most service drop or lateral cables to single family residences the wires having a white color with a colored stripe will be the ring conductor. The wire having a solid color with or without a white stripe will be the tip conductor. The metal cable jacket in underground cabling will be the sleeve or earth ground conductor. Four wire "JK" station wire should have the tip on the green and the ring on the red. If there is a second line in the station wire the tip will be on the black and the ring on the yellow. The rhyme that outside plant trainees were taught was "the ring is ridged or red, readable to ground, and terminates on the right". "Readable to ground" means that you can measure forty eight volts DC between the ring and earth ground with all instruments on hook. The ring side of the pair should be forty eight volts positive relative to earth ground potential. The tip side of the pair will be at or close to ground potential. When touch tone service was first offered it was a premium service for which customers were charged an additional fee. Those customers who did not purchase it had there pair reversed at the exchange so that the polarity sensitive touch pads would not work. This practice has long since been abandoned but many reversed polarity pairs remain in service. If you have an interior point at which all of your station wires are terminated then the simplest thing is to flop the lead between that point and the NID. If all of your station wires terminate directly to the NID customer terminals then you will have to reverse them all. — Tom
Response:
It does here in NYC. I discovered it by accident 15 years ago. If you reverse the polarity, the phone’s buttons won’t generate a tone, of at least it won’t on the old Bell phones. However incoming calls work fine. I don’t have a clue why it does this but I used it for years in my old recording studio to enforce an "incoming only" phone in the control room. The first touch tone phones were made by western electric. Reversed polarity was used to prevent customers from using touch tone phones on lines that were not paying for touch tone service. Modern telephones use bridge rectifiers to supply power to the touch pad and are unaffected by reverse polarity. — Tom
Response:
Snip Just like the order of keys on a touch-tone pad. If you ask, you’ll be told that time-and-motion studies proved this layout (key 1 upper left) was somehow easier, faster, etc. Which is BS. It was designed that way because the design devolved to one senior Bell engineer, whose only instruction was "don’t make it look like a desk calculator." (Old-style electric desk calculators were universal on desktops in the 1940s and later. They have the same pattern as modern calculators, with 1 in the bottom left. Bell was concerned that the new touch-tone phones would be confused with calculators or that unfavorable comparisons would be made, hence the design imperative…) The first touch pads were identical to electric calculators. They sere used by operators not customers. Operators who had secretarial or accounting experience would dial faster than the electro mechanical equipment of there day could handle. The pad pattern was changed to force the operators to slow down to a speed that the equipment could manage. My great uncle was working in the office were the redesign was done and that really is the reason. — Tom
Response:
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Accounting Talk » Accounting » Hey Rudolph B.
Hey Rudolph B.
Question:
bienvenue
— RB Cohors Praetoria
– Hide quoted text — Show quoted text – For Judith: muchas gracias! Sat, May 19, 2001 Cancer (June 21 – July 22) Excellent day for standing barefoot on the lawn and wiggling your toes. Under no circumstance should you stand barefoot on the lawn and wiggle your nose. It simply isn’t done. I wiggled my nose anyway, and sure enough I was picked up by the police. judith, just kidding
Response:
For Judith: Sat, May 19, 2001 today’s quote: I have been complimented many times and they always embarrass me; I always feel that they have not said enough. — Mark Twain Aries (March 21 – April 19) You need to do something about that nervous laugh. Practice an "evil laugh" and use that instead. Then at least, you’ll be able to hear everyone else’s nervous laughter. Taurus (April 20 – May 20) Good day to doodle. Gemini (May 21 – June 20) It’s ok to whistle while you work. Your co-workers will draw the line at yodelling while you work, however. They’re probably just jealous. Cancer (June 21 – July 22) Excellent day for standing barefoot on the lawn and wiggling your toes. Under no circumstance should you stand barefoot on the lawn and wiggle your nose. It simply isn’t done. Leo (July 23 – August 22) Soon you will get into accounting, "just for the thrill of it". Virgo (August 23 – September 22) Unbeknownst to thee, thou art over-fond of archaic terms. Prithee, wouldst thou kindly desist? Libra (September 22 – October 22) Good day to start saving up for that electron microscope you’ve always wanted. I hear Sears will be having a big sale on them this fall. Scorpio (October 23 – November 21) You will begin an evil project, in secret. You will be successful. Although why you want to produce a cross between a St. Bernard and a chihuahua is anybody’s guess. Sagittarius (November 22 – December 21) A very short and hairy person will bother you today. Unfortunately, you will be unable to ignore them, try though you might. Capricorn (December 22 – January 20) Excellent time to hum popular songs, just slightly off key. If you do that long enough, the people around you will change in appearance. You’ll be able to see the veins in their neck, for one thing. Aquarius (January 21 – February 18) Today you will see a free floating full torso vaporous apparition! It’ll turn out that your glasses are smudged. Pisces (February 19 – March 20) You will be conducting naval maneuvers in the bathtub today, when you will have an unfortunate accident involving your toy submarine. The visit to the emergency room will be most embarrasing. — RB what is fear but voices airy whispering harm where harm is not and deluding the unwary – till the fatal bolt is shot
– Hide quoted text — Show quoted text – how about another horoscope? judith
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Accounting Talk » Accounting Standards » Dry Weight?
Dry Weight?
Question:
MS posted the following article in the Hemodialysis Forum http://brumley.com/renal/hemoboard.html Dated : March 04, 2001 at 23:19:49 Subject: Dry Weight? http://brumley.com/renal/hemomessages/2331.html How can you tell if your Dry Weight needs to be raised?We are currently in a tiff with the dialysis "charge" nurse about raising my Mother’s dry weight. She doesn’t think that it needs to be changed, but if they take my Mom down to her dry weight she feels bad! If she comes off at maybe a kilo above she feels much better. She HAS gained REAL weight since the diet change, but again….the center is insisting that it ISN’T real weight. Any Suggestions? thanks MS
Response:
Celeste posted the following article in the Hemodialysis Forum http://brumley.com/renal/hemoboard.html Dated : March 05, 2001 at 15:59:06 Subject: Re: Dry Weight? http://brumley.com/renal/hemomessages/2335.html As long as she is not isn’t getting short of breath then I would keep insisting that they change her weight. If the charge nurse won’t listen to you then go over her head an demand to speak to your mothers doctor about the problem. Explain to him that her appetite is better and she is eating more and has gained weight and that they are taking her too low. This isn’t something to let slide. The effects of going too low are feeling like crap after treatment, low blood pressure (which can lead to clotting of the graft or fainting) Celeste Kidney 12/7/96 =========================================================================== =========== Carry A Life In Your Pocket, Become An Organ Donor Today!!!!!!! Get Your Organ Donor Card Here ~~~~~~~~~ http://www.TransplantResourcePage.com In the time it takes an average American to commute to and from work — 90 minutes — someone dies waiting for an organ transplant =========================================================================== =========== Transplant Resource Page http://www.TransplantResourcePage.com
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MS posted the following article in the Hemodialysis Forum http://brumley.com/renal/hemoboard.html Dated : March 06, 2001 at 23:14:43 Subject: Re: Dry Weight? http://brumley.com/renal/hemomessages/2353.html Thank you both for the replies!!! We are having a "meeting" with the Doctor and Nurse soon. I talked to the Doctor and asked him how a dry weight is determined…he said "Trial and Error"…ahhhhh…that’s great. So, while he’s playing trial and error, my Mum feels like crap. I asked him what the difference was with HIS doing "trial and error" and keeping her LOW and US doing "trial and error" and having her go a little higher. I think that’s what triggered the meeting..haha. There have been a couple of other changes that have helped with the problems, but my Mother has now REFUSED to go any lower than what she thinks she should be at. Thanks again MS
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ME posted the following article in the Hemodialysis Forum http://brumley.com/renal/hemoboard.html Dated : March 09, 2001 at 08:19:41 Subject: Re: Dry Weight? http://brumley.com/renal/hemomessages/2372.html It’s impossible for anyone to really evaluate over the internet but my suggestion is to involve her nephrologist. He/she has the ability to end the dispute. If you do not go see her nephrologist regularily please do. Dry weight in some patients can be extremely difficult to evaluate, but how a person feels after dialysis is certainly a big factor in that evaluation. It always distresses me when I hear of an adversarial relationship between patients,family and staff. We are on the same team with the same goals.
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terry d posted the following article in the Hemodialysis Forum http://brumley.com/renal/hemoboard.html Dated : March 13, 2001 at 09:42:02 Subject: Re: Dry Weight? http://brumley.com/renal/hemomessages/2398.html I am new to email I hope I do it right. My son has been on dialyis for over a year. In the beginning no fluid was taken off of him because he still urintes. At the beginning of last year he developed Stevens-Johnson syndrome from an antibiotic, lost 40 pounds and almost died. After his weight loss they started taking fluid off, no really accounting for the fact that he survived and had lost so much weight. It’s over a year now and we are still fighting the battle. my son is 15. He still urinates and has regained about 25 pounds of the weight he lost, but he is continually getting sick at the end of his treatment. The other day my husband told the Doctor not to take any fluid off, she agreed, not his usual Doctor, by the way. He felt great. Two days later he was 2.2 over his dry weight, my husband said "How much weight are you taking off?", he said 1.5. My son got sick, and we found out the nurses took off 2.5. My hisbank called the Doc and wanted to know why. He said he would discuss it at the next visit, my husband just wanted an answer. He refused to answer and said it would be disussed at the next visit, and if you wish to transfer your son to another unit, somewhere else, feel free to do so. Needless to say we are very upset at this point. They told us they have National Standards for weight removal and those standards are what they are going to follow. If a child complains about not feeling well, they check the blood pressure. If it is not as low as their standards they will not give them fluid. I know this is long but I am very angry right now and just wanted to vent. Thank you.
Response:
MS posted the following article in the Hemodialysis Forum http://brumley.com/renal/hemoboard.html Dated : March 13, 2001 at 21:44:16 Subject: Re: Dry Weight? http://brumley.com/renal/hemomessages/2410.html I am so sorry that you are experiencing so many problems with your son and his doctor! Although my Mother and I are still battling to have her dry weight changed as well, there have been some changes that have made a difference in how she feels at the end of her treatment. Are you in the United States? How are the "National Standards" determined? Why is it such a battle to get the Docs and nurses to understand that people are individuals and are not going to follow their set standards!? There are so many other things to think about with dialysis..it’s a shame that wondering whether the people who are SUPPOSED to be helping you are really doing so or not has become one of those things. All the best to you Terry. Please post updates about your son. MS
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Terry D. posted the following article in the Hemodialysis Forum http://brumley.com/renal/hemoboard.html Dated : March 14, 2001 at 16:55:13 Subject: Re: Dry Weight? http://brumley.com/renal/hemomessages/2422.html Thank you for your concern. I am in the United States and attending one of the leading children’s hospitals , which makes it all the more sad. This is the only area in the hospital we have ever had any problems. Today, my son refused to go to Dialysis. The other day they promised they would only take off 1.5 in fluid, at the end of his treatment he was sick and they had taken off 2.5. They tried to say the benadryl they gave him to help him sleep made him sick, but last friday they followed my husbands wishes and took no fluid off, with benadryl and he felt great all weekend. Today the doctor said they may have to transfer him out to another unit somewhere, but we are adamant they he stay there and they treat him as a human being and not part of an assembly line. I have no idea where this will end, but we are in it all the way. My son knows when he is not well, and the nurses will not listen to me or him. As long as his bloodpressure is not below 90/60, they say he is! fine, it doesn’t matter how he feels. This is causing stress for the whole family. I do not deal well in these situations, so my husband has been taking off of work to try to resolve this. In the mean time I worry about my son’s emotional frame of mind. In the beginning his dialysis was great, as soon as they started taking fluid off he started getting sick and this has been going on for over a year. I am so glad things are starting to get on track for your mother. I think it may be a little easier when it is an adult, as opposed to a child. We want to do what’s best for our children and tend to believe the doctor’s and nurses, but to constantly see your child get sick, when you know it can be avoided is very upsetting. Oh they also said they were going to call Dyfus on us if he refused to come to dialysis. Several times over the years they have told me how lucky my son is to have such wonderful parents who are always there for their child,because they have so many children whose parents do not care. Now because of their policies and refusal to budge on this issue we are the ones neglecting our son. Go figure. Sorry to take up so much time, it feels to to express it to someone who truly understands. Unless you are in a situation like this, it’s hard to comprehend. God bless you and your mother, may all be well. ‘
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Sheila posted the following article in the Hemodialysis Forum http://brumley.com/renal/hemoboard.html Dated : March 15, 2001 at 17:08:15 Subject: Re: Dry Weight? http://brumley.com/renal/hemomessages/2427.html I have just the opposite problem I am not able to keep anything down most of the time since I started dialysis about 5 weeks ago and my dry weight is much lower now I have lost about 30 pounds in the last 6 weeks and I can’t get them to keep adjusting my dry weight. They will take me down about a kilo and a half and stop even though I had gained almost 4 kilo’s over the weekend between treatments. I still feel bloated and can’t get back to feeling better.
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Accounting Talk » Accounting Software » Is there such a thing as a nominal ledger?
Is there such a thing as a nominal ledger?
Question:
Hello, this is a genuine question. I work for a company having been recently hired, which writes accountancy software, it uses use something called a nominal ledger. I do not think such a thing exists in general accounting, however the MD of the company assures me that such a ledger does indeed exist. It seems to emulate the general ledger. Other members of the company have privately informed me that it is a specialism of our software and does not really exist. They are trained accountants. However, I would like to settle the argument once and for all. Is there such a thing? What is it used for? My boss tells me that the books I have read are based on US accountancy practice. I live in the UK. If you live in the UK please respond to this. I am a computer programmer, not an accountant, however I have read books by Wood etc and am aware of the issues. Thanks Cliff.
Response:
Nominal Accounts refers to the temporary or P&L accounts that are closed at the end of the year [Accounting 101]. I guess one could argue that a ledger of these accounts be set up separately and dinstinct from the permanent [Balance Sheet] accounts. That is the only explanation I can come up with. [And thank you Dr Foranocci for impressing this fact on me] Armand Albano KeySpan Energy Services
– Hide quoted text — Show quoted text – Hello, this is a genuine question. I work for a company having been recently hired, which writes accountancy software, it uses use something called a nominal ledger. I do not think such a thing exists in general accounting, however the MD of the company assures me that such a ledger does indeed exist. It seems to emulate the general ledger. Other members of the company have privately informed me that it is a specialism of our software and does not really exist. They are trained accountants. However, I would like to settle the argument once and for all. Is there such a thing? What is it used for? My boss tells me that the books I have read are based on US accountancy practice. I live in the UK. If you live in the UK please respond to this. I am a computer programmer, not an accountant, however I have read books by Wood etc and am aware of the issues. Thanks Cliff.
Response:
Cliff, The Nominal Ledger collates the entries in other ledgers to produce a balance sheet and profit and loss account. Ken
– Hide quoted text — Show quoted text – Hello, this is a genuine question. I work for a company having been recently hired, which writes accountancy software, it uses use something called a nominal ledger. I do not think such a thing exists in general accounting, however the MD of the company assures me that such a ledger does indeed exist. It seems to emulate the general ledger. Other members of the company have privately informed me that it is a specialism of our software and does not really exist. They are trained accountants. However, I would like to settle the argument once and for all. Is there such a thing? What is it used for? My boss tells me that the books I have read are based on US accountancy practice. I live in the UK. If you live in the UK please respond to this. I am a computer programmer, not an accountant, however I have read books by Wood etc and am aware of the issues. Thanks Cliff.
Response:
- Hide quoted text — Show quoted text – Hello, this is a genuine question. I work for a company having been recently hired, which writes accountancy software, it uses use something called a nominal ledger. I do not think such a thing exists in general accounting, however the MD of the company assures me that such a ledger does indeed exist. It seems to emulate the general ledger. Other members of the company have privately informed me that it is a specialism of our software and does not really exist. They are trained accountants. However, I would like to settle the argument once and for all. Is there such a thing? What is it used for? My boss tells me that the books I have read are based on US accountancy practice. I live in the UK. If you live in the UK please respond to this. I am a computer programmer, not an accountant, however I have read books by Wood etc and am aware of the issues. Thanks Cliff.
With all respect to another reply about temp aspects, ‘nominal ledger’ is the UK term for the ‘general ledger’ (US term). They are the same thing. — David York (UK accountant)
Response:
Does this stem from the days when an entity may have had a private ledger (for ownership related accounts rather than trading accounts – never to be seen by the staff!), general ledger, sales ledger, debtors ledger etc?
– Hide quoted text — Show quoted text – Cliff, The Nominal Ledger collates the entries in other ledgers to produce a balance sheet and profit and loss account. Ken
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Check this out,you’ll like it. Babes will be added in the near future !! http://users.skynet.be/eurogym
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Accounting Talk » Business Accounting » Accounting Dep. size
Accounting Dep. size
Question:
I agree that this approach does not work. The type of business that you are in and the amount of system automation are more important to this determination. For example my wife managed the accounting a $50 million dollar a year company and had a three person accounting department. My company was doing around $6 million and we had a seven person department. This was due to the amount of paperwork required in my industry versus hers. As a further example if A/P had to match PO, Shipper and Invoice this may require more FTE’s than a company with systems that electronically matched the documents. It can be very tuff to determine when to add a person to a department. Do you add an FTE when everyone is at 90% or 95% capacity or do you wait until they are working above their optimal capacity? If so for how long or how far over? What is the quality of work life for your employee’s? Are they so stressed that they burnout quickly resulting in high turnover? If so add an FTE. Or are they taking long lunches and standing by the water cooler all the time? If so scale back. This is not an easy process. This may be one of the toughest problems most business’ face. We constantly hear about downsizing and rightsizing etc. Perhaps the best advice I could offer is to get benchmarks for your industry and positions. Determine productivity numbers based on job functions for each position and when those numbers decline or are pushed to dimishing returns then it is time to make changes. Don I would like to know what is the average size of an accounting Dept. of a service co. with about $10 million in revenues. Would a person per million be reasonable?- Then we are talking about 10 employees in the dept. Is there a way to try to figure this one out? Thanks Ab Smith That is not a reasonable approach. You could be a commercial real estate venture that does 10 invoices per year, requiring one person, or you could be something with extremely labor intensive paperwork, like an insurance agency chasing thousands of types of coverage in and out of your system with dozens of insurance providers, commission splits with other brokers,e tc. Recommend you choose 2 or 3 software architecturs for your business, and invite the top consultant in the area for each package. Pay the consulting fee if necessary, for a top level overview of workflow and their 2 cents worth whether it is reasonably optimal. The workflow is what drives your headcount. That being said, businesses often fail to clawback the savings from new software systems because when it’s new and unstable, the work is not easier. What you need to do is recognize when things really are working ok and you have clear sailing for the next 2,3 years, and downsize if possible. * Todd F. Boyle CPA http://www.GLDialtone.com/ * 9745-128th Av NE, Kirkland WA 98033 (425) 827-3107
Response:
Absolutely agree with Mike Lewis, but want to add one more option. That’s target approach. Every business aims to make profit. Please try to figure out how much you can afford first, then with the budget try to work it out. For example, the turnover is $10 Million, say 10% profit margin, if 8% needs to be retained, then 2% can be used to hire an accounting team, that’s $200,000. You can easily see how large the accounting team to be with $200,000 budget. If you really need a budget more than you can afford to run an accounting team to maintain the business, you may consider whether it is better not to run the business. Sunny – Hide quoted text — Show quoted text -That greatly depends on the average size sales order. A bunch of $100 orders will take much more than a bunch of $100,000 orders. I’m not trying to be cute, its a fact. It affects the number of transactions that must be handled. Another factor is the number of states you operate in. The more states, the more reports that must be filed with regulatory agencies. I’ve only touched on two factors. I’ll bet you get more……. Mike Lewis, CPA Hello! I would like to know what is the average size of an accounting Dept. of a service co. with about $10 million in revenues. Would a person per million be reasonable?- Then we are talking about 10 employees in the dept. Is there a way to try to figure this one out? Thanks Ab Smith
Response:
The # of people in accounting department depends a lot on what your software does. Most entries into our records come from Purchasing and from the store room. They have become our front line accounting department. 1-A/R invoicing, 1 -Cash receipts/collections 1- A/P 1-assistant controller and 1 – payroll and 1 controller handles $10M to $22M. – Hide quoted text — Show quoted text – Hello! I would like to know what is the average size of an accounting Dept. of a service co. with about $10 million in revenues. Would a person per million be reasonable?- Then we are talking about 10 employees in the dept. Is there a way to try to figure this one out? Thanks Ab Smith
Response:
Hello! I would like to know what is the average size of an accounting Dept. of a service co. with about $10 million in revenues. Would a person per million be reasonable?- Then we are talking about 10 employees in the dept. Is there a way to try to figure this one out? Thanks Ab Smith
Response:
That greatly depends on the average size sales order. A bunch of $100 orders will take much more than a bunch of $100,000 orders. I’m not trying to be cute, its a fact. It affects the number of transactions that must be handled. Another factor is the number of states you operate in. The more states, the more reports that must be filed with regulatory agencies. I’ve only touched on two factors. I’ll bet you get more……. Mike Lewis, CPA – Hide quoted text — Show quoted text – Hello! I would like to know what is the average size of an accounting Dept. of a service co. with about $10 million in revenues. Would a person per million be reasonable?- Then we are talking about 10 employees in the dept. Is there a way to try to figure this one out? Thanks Ab Smith
Response:
Good points, Mike. I would add that, unless there are many transactions, ten sounds a bit heavy to me. When I have made this type of evaluation, looking at work loads was my approach. Also, the degree of automation will affect work loads. For instance, in a company a bit over half that size, acctg needed 5 with overtime. After installing a good acctg program, 3 handled everything without overtime. Luck, Dana To reply, please remove NOSPAM from the address Visit our web site at http://www.tailored-computing.com
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I would like to know what is the average size of an accounting Dept. of a service co. with about $10 million in revenues. Would a person per million be reasonable?- Then we are talking about 10 employees in the dept. Is there a way to try to figure this one out? Thanks Ab Smith
That is not a reasonable approach. You could be a commercial real estate venture that does 10 invoices per year, requiring one person, or you could be something with extremely labor intensive paperwork, like an insurance agency chasing thousands of types of coverage in and out of your system with dozens of insurance providers, commission splits with other brokers,e tc. Recommend you choose 2 or 3 software architecturs for your business, and invite the top consultant in the area for each package. Pay the consulting fee if necessary, for a top level overview of workflow and their 2 cents worth whether it is reasonably optimal. The workflow is what drives your headcount. That being said, businesses often fail to clawback the savings from new software systems because when it’s new and unstable, the work is not easier. What you need to do is recognize when things really are working ok and you have clear sailing for the next 2,3 years, and downsize if possible. * Todd F. Boyle CPA http://www.GLDialtone.com/ * 9745-128th Av NE, Kirkland WA 98033 (425) 827-3107
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Accounting Talk » Office Accounting » Quickbooks dial up Network
Quickbooks dial up Network
Question:
Thanks for your response, I read on the Quickbooks.com FAQ board that this method would be quite slow. Maybe an ISDN line would work.
Response:
Yes it is possible, but I think you would have to use some third party software in addition to QuickBooks. 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 – I have a client who wants to send invoices to and retreive invoices from his main office from an offsite location. The main office uses Quickbooks 99. Is this possible with quickbbooks? And how would someone setup a network like this. Would it be too slow? Thanks for any help, Joel in MI
Response:
I have a client who wants to send invoices to and retreive invoices from his main office from an offsite location. The main office uses Quickbooks 99. Is this possible with quickbbooks? And how would someone setup a network like this. Would it be too slow? Thanks for any help, Joel in MI
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