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Accounting Software Can Be Sophisticated Or Simple Bookkeeping Software

By Terry Cartwright

Accounting software is a system of recording financial transactions on a computer across a full range of accounting options almost invariably dependent upon the size of business being catered for. Accounting software can vary from multi million pound solutions for major public companies to simple managed lists of income and expenses.

The requirements from accounting software are diverse with the most complex and comprehensive financial accounting packages incorporating financial reporting information and managed by teams of qualified accountants supported by accounts clerks, bookkeepers and substantial input from automated data sources. At the other end of the scale a self employed sole trader might use accounting software themselves and produce a set of financial accounts for the year in an afternoon.

Different accounting standards are required from accounting software dependent upon the fitness for purpose and client needs. Double entry bookkeeping automated through a database system and probably arranged in financial modules would normally be the choice of the majority of public companies. Single entry bookkeeping would not be an acceptable accounting solution for a limited company due to audit requirements and statutory obligations.

Single entry bookkeeping does however have its place in the market place for the smaller less complex businesses who maintain financial control through a close intimate knowledge of every financial transaction. The main objective of a sole trader is more likely to be the production of the tax accounts and complete the periodic and annual tax return forms.

The most sophisticated level of accounting software in the largest companies mirrors the accounting functions in those organisations with various financial modules for accounts receivable, accounts payable, stock control, general ledger and fixed assets. These accounting modules may also be integrated with non accounting functions such as production and dispatch functions and also divided into separate modules within the accounting function.

[youtube]http://www.youtube.com/watch?v=TyOWABA9khk[/youtube]

In larger companies the sales daybook and data entry of sales turnover would often be the responsibility of one department while the accounts receivable function might be split with a specialist credit control function within that accounting module. A further division may also include sales administration and customer records. Similarly the accounts payable function might be split between the purchasing department, accounts purchase invoice department and a legal function for overdue payments.

Accounting software for smaller companies and organisations is commonly a system of data entry of prime transactions which include sales income, purchase expenses and cash and bank transactions. The prime entry of these documents being to a database which automates the double entry accounting principles and produces both accounts receivable, accounts payable and general ledger databases.

Some accounting knowledge is usually required tom operate a database accounting software system and that financial knowledge is usually available within the company as most companies that use database accounting software also employ a bookkeeper or accounts clerks to input data and in slightly larger small companies also qualified accountants to manage the accounting function.

The need for accounting knowledge in a database system is partially to understand the data entry principles and the relevancy of the rules that need to be followed but essentially understanding of accounting principles is required to understand what is happening ton the information after input. And most important, a qualified accountant has the financial knowledge, training and experience to know what the system should be producing and how to query the database to retrieve that information.

In addition to inputting the prime income and expenditure details the most benefit of a database accounting system is the level of financial control the information it contains can provide the company management and financial directorship. The accounting function also has the security of producing trial balances, periodic profit and loss accounts, balance sheets and other financial and statements for tax and control purposes.

Accounting software packages requiring little or no accounting knowledge are available.

Small limited companies must obtain accounting software based upon double entry accounting principles as in addition to producing a profit and loss account and a trial balance to demonstrate accuracy and integrity of the financial records plus a balance sheet is required for reporting purposes. Accounting standards require the limited company to have a system of financial control and accounting software is an essential tool in achieving this.

Some accounting knowledge either from the management or outsourcing the bookkeeping services is usually required with even the simplest database accounting solutions eve3n if this requires the understanding of what accounts receivable ledgers, accounts payable ledger and control accounts mean.

There are other possibilities and those businesses with a minimum of accounting knowledge can consider spreadsheet based accounting software. Accounting software compiled from spreadsheets is less flexible and often does not have the range of options a database system has due to the lack of database queries available. These disadvantages of flexibility being compensated by the fact that all entries are visible, transparent and changes can be made more easily.

Financially at the sole trader and self employed end of the business spectrum then the requirements from accounting software may be completely different. Gone are the sophistications of control accounts, trial balances and many aspects of financial control. The most important aspect of self employed accounting software is often to produce a set of accounts for tax purposes.

Self employed small business that do not require a balance sheet can use accounting software based upon single entry bookkeeping rather than double entry and with the reduced requirement for financial control then less financial queries to the system are required. In these respects the simpler an accounting solution the better and in this market an accounting solution written on spreadsheets that can produce the net taxable profit would meet the requirements.

About the Author: Terry Cartwright designs Payroll and Accounting Software

diyaccounting.co.uk

with UK payroll software for 1 to 20 employees at

diyaccounting.co.uk/payroll.htm

Source:

isnare.com

Permanent Link:

isnare.com/?aid=216233&ca=Business+Management

New Zealand policewoman found moonlighting as prostitute

Thursday, July 20, 2006

An Auckland, New Zealand policewoman, who has not been named, has been working part-time as a prostitute. Her employer, Auckland City Police, did not know that she had been working as a prostitute for a limited time. She has been able to keep her police job.

Prostitution became legal in New Zealand in 2003.

The police officer was prostituting herself because of financial difficulties. A person working in the Christchurch sex industry said “It’s usually either for debts or drugs.”

She is now undergoing counselling.

The New Zealand Police would not comment on how long she had been acting as a prostitute.

Lyn Provost, Deputy Commissioner, said “the nature of the secondary employment was incompatible with policing and would never have been approved.”

The police say that if a police officer was to seek secondary employment then it must be signed off, this job hadn’t been. It would have been a conflict of interest.

Ron Mark, New Zealand First Party Law and Order spokesman, said “the case is concerning, because while prostitution is legal, it is associated with criminal activity.”

A representative of the New Zealand Prostitutes’ Collective (NZPC) said there were law students and doctors who were sex workers.

“NZPC’s philosophy is that we support people that are in that secondary employment … we support them for their sexual health needs or any other needs – emotionally, physically, spiritually – that we can accommodate.” a representative of the New Zealand Prostitutes’ Collective said.

Retrieved from “https://en.wikinews.org/w/index.php?title=New_Zealand_policewoman_found_moonlighting_as_prostitute&oldid=2526500”

Gastric bypass surgery performed by remote control

Sunday, August 21, 2005

A robotic system at Stanford Medical Center was used to perform a laparoscopic gastric bypass surgery successfully with a theoretically similar rate of complications to that seen in standard operations. However, as there were only 10 people in the experimental group (and another 10 in the control group), this is not a statistically significant sample.

If this surgical procedure is as successful in large-scale studies, it may lead the way for the use of robotic surgery in even more delicate procedures, such as heart surgery. Note that this is not a fully automated system, as a human doctor controls the operation via remote control. Laparoscopic gastric bypass surgery is a treatment for obesity.

There were concerns that doctors, in the future, might only be trained in the remote control procedure. Ronald G. Latimer, M.D., of Santa Barbara, CA, warned “The fact that surgeons may have to open the patient or might actually need to revert to standard laparoscopic techniques demands that this basic training be a requirement before a robot is purchased. Robots do malfunction, so a backup system is imperative. We should not be seduced to buy this instrument to train surgeons if they are not able to do the primary operations themselves.”

There are precedents for just such a problem occurring. A previous “new technology”, the electrocardiogram (ECG), has lead to a lack of basic education on the older technology, the stethoscope. As a result, many heart conditions now go undiagnosed, especially in children and others who rarely undergo an ECG procedure.

Retrieved from “https://en.wikinews.org/w/index.php?title=Gastric_bypass_surgery_performed_by_remote_control&oldid=4331525”

Common Mistakes Made By First Time Buyers Of Used Caravans

Common Mistakes Made By First Time Buyers Of Used Caravans

by

anna14

When it comes time for you to buy your first used caravan you have been saving for months, or even years and you have scoured the web for the best models and brands it can be fairly easy for you to get carried away with the excitement of it all. And when this happens, a lot of these common mistakes are made that could make your caravan buying experience more of a nightmare:

Buying the wrong sort of caravan for your vehicle

Before doing anything regarding the purchase of a used caravan, you need to first make sure that you know how much weight your car can safely tow. Towing with an inappropriate vehicle is not only highly dangerous; it could result in a large fine, the loss of points on your licence and invalid insurance (if you re involved in an accident). Why take the risk?

Buying the wrong used caravan

The sales people in the used caravan industry are a ruthless bunch who use a range of shifty tactics in order to get a sale (whether the van is any good or not). Unfortunately for you, these sales people can spot a first time buyer from a mile away, so you need to keep your wits about you. Don t be talked into buying a lemon because it s a today only deal!

[youtube]http://www.youtube.com/watch?v=aLfx5DIg_QM[/youtube]

Buying a stolen or written off caravan

This can result in all sorts of problems the main one being that you can actually be charged for stealing (even though you bought the van off someone whom you truly believed own it)! Keep an eye out for suspicious behaviour when you go to view the used caravan, and ask for the service history and log books so that you can prove ownership.

Buying a caravan that is unsuitable for your lifestyle

With all of the layout and style options available in the used caravans on the market today, it can be very easy to make this mistake. You need to think about who you will be travelling with and what sorts of holidays that you plan on taking. Write a list of your top 3 must haves (for most people, it s a good night s sleep) and work around that.

Buying accessories that you won t ever need

Out of all the mistakes that a first time used caravan buyer could make, this one is the least of your worries you can always resell items that you are tricked into buying. Don t let the seller or dealer give you a list of all the accessories you will need take the time to decide on the ones you will truly use.

By avoiding the above mistakes when it comes to buying your first used caravan, you can help to ensure that the experience is an enjoyable one and that the reward is a caravan that will last you for many years. Good luck on your hunt, and happy caravanning!

In this article we have discussed about common mistakes done while purchasing

used caravans

or old caravans.so read this carefully to save your money at the time of caravan buy.If you want to know more about caravans or

caravans for sale

feel free to get in touch with us.

Article Source:

ArticleRich.com

Sandra Fluke insists she will not be silenced

Wednesday, March 14, 2012

In an opinion piece published by CNN on Tuesday, Georgetown University law student and women’s rights advocate Sandra Fluke insisted she will not allow slurs from critics to silence her and other women from continuing to speak out on issues regarding women’s health and contraception.

Fluke has faced slurs and personal attacks after speaking before the House Democratic Steering and Policy Committee in the United States House of Representatives about women’s health and contraception. She was called a “slut” and a “prostitute” by talk radio show host Rush Limbaugh. In response to these attacks, Fluke has received public support from women, members of the media, and politicians including the President of the United States.

Attacking me and women who use contraception by calling us prostitutes and worse cannot silence us.

In her piece for CNN, Fluke took the opportunity to thank her supporters, writing, “By now, many have heard the stories I wanted to share thanks to the congressional leaders and members of the media who have supported me and millions of women in speaking out.” She characterized the “opponents of reproductive health access” who issued personal attacks against her as being motivated by an attempt to change the topic of conversation away from a dialogue about women’s health, and “to silence women’s voices regarding their own health care.”

Fluke wrote that the efforts by some to drown out women from speaking out about women’s health were unsuccessful. She came to this conclusion due to the multitude of positive comments and encouragement sent to her by both female and male individuals urging that contraception medication be considered a medical necessity.

Asserting that she would not remain silent on this issue of women’s health, Fluke wrote, “Attacking me and women who use contraception by calling us prostitutes and worse cannot silence us.”

She noted that a significant majority of women have utilized contraception medication, and commented that there exists a social disconnect between politicians attempting to make it more difficult for women to access this type of health care, and the views of society-at-large about the matter: “Restricting access to such a basic health care service, which 99% of sexually experienced American women have used and 62% of American women are using right now, is out of touch with public sentiment.”

Fluke concluded her piece by emphasizing that those in power should not govern based on ideology: “I am proud to stand with the millions of women and men who recognize that our government should legislate according to the reality of our lives — not for ideology.”

After being banned by Congressman Darrell Issa from speaking before a Committee on Oversight and Government Reform hearing on February 16 which consisted mainly of male panelists, Fluke appeared before a meeting of the House Democratic Steering and Policy Committee convened by Minority leader of the United States House of Representatives Nancy Pelosi on February 23.

Fluke spoke to the committee about the need for contraception to be covered by health care plans offered by employers, as a matter integral to women’s health. She cited multiple cases where women take contraception medication as part of their health care for treatment of medical conditions unrelated to birth control, including two women who suffer from polycystic ovarian syndrome, a woman who is afflicted with endometriosis and another who takes contraception in order to prevent seizures.

Time and time again, women have been silenced in this discussion, a discussion about our own very personal health care decisions.

Speaking before the United States Senate on February 17 along with fellow members Patty Murray, Kirsten Gillibrand, Barbara Boxer, and Charles Schumer, Senator Jeanne Shaheen of New Hampshire expressed her support for Fluke. Like Fluke, Senator Shaheen pointed out the need not to silence the voices of women in the public government debate about women’s health care: “Time and time again, women have been silenced in this discussion, a discussion about our own very personal health care decisions.” Senator Shaheen concluded her remarks with an explanation as to why she believes women should have significant representation in discussions about their health care: “Women deserve a voice in this debate because, after all, in the end this is about our health and it is about a health care decision that is between women, their families, their doctors, and their own faith.”

President Barack Obama called Fluke on March 2 to express his support for her courage to speak out on issues of women’s health. In his first press conference of 2012 on March 6, he discussed his reasons for deciding to call Fluke.

The President cited his personal thoughts about his own two daughters: “And the reason I called Ms. Fluke is because I thought about Malia and Sasha [Obama’s daughters], and one of the things I want them to do as they get older is to engage in issues they care about, even ones I may not agree with them on. I want them to be able to speak their mind in a civil and thoughtful way. And I don’t want them attacked or called horrible names because they’re being good citizens.”

President Obama went on to state that Fluke served as a positive role model for citizen participation in democracy and society: “And I wanted Sandra to know that I thought her parents should be proud of her, and that we want to send a message to all our young people that being part of a democracy involves argument and disagreements and debate, and we want you to be engaged, and there’s a way to do it that doesn’t involve you being demeaned and insulted, particularly when you’re a private citizen.”

Retrieved from “https://en.wikinews.org/w/index.php?title=Sandra_Fluke_insists_she_will_not_be_silenced&oldid=4506583”

Wikinews interviews Democratic candidate for the Texas 6th congressional district special election Daryl Eddings, Sr’s campaign manager

Tuesday, April 20, 2021

Wikinews extended invitations by e-mail on March 23 to multiple candidates running in the Texas’ 6th congressional district special election of May 1 to fill a vacancy left upon the death of Republican congressman Ron Wright. Of them, the office of Democrat Daryl Eddings, Sr. agreed to answer some questions by phone March 30 about their campaigns and policies. The following is the interview with Ms Chatham on behalf of Mr Eddings, Sr.

Eddings is a federal law enforcement officer and senior non-commissioned officer in the US military. His experience as operations officer of an aviation unit in the California National Guard includes working in Los Angeles to control riots sparked by the O. J. Simpson murder case and the police handling of Rodney King, working with drug interdiction teams in Panama and Central America and fighting in the Middle East. He is the founder of Operation Battle Buddy, which has under his leadership kept in touch with over 20 thousand veterans and their families. He was born in California, but moved to Midlothian, Texas. He endeavours to bring “good government, not no government”. Campaign manager Faith Chatham spoke to Wikinews on matters ranging from healthcare to housing.

An Inside Elections poll published on March 18 shows Republican candidate Susan Wright, the widow of Ron Wright, is ahead by 21% followed by Democrat Jana Sanchez with 17% and Republican Jake Ellzey with 8% with a 4.6% margin of error among 450 likely voters. The district is considered “lean Republican” by Inside Elections and voted 51% in favour of Donald Trump in last year’s US presidential election. This is down from 54% for Trump in 2016’s presidential election, the same poll stated.

Retrieved from “https://en.wikinews.org/w/index.php?title=Wikinews_interviews_Democratic_candidate_for_the_Texas_6th_congressional_district_special_election_Daryl_Eddings,_Sr%27s_campaign_manager&oldid=4684113”

Scientist: Sulfur remedy for greenhouse effect backed by data

Sunday, December 17, 2006

Nobel Prize winner Professor Paul J. Crutzen has stated he has data to support his controversial claim that injecting sulfur into the atmosphere would negate the greenhouse effect.

The data is intended to quiet critics of the theory he first discussed in the scientific journal Climatic Change in August, 2006.

The 1995 Nobel Prize winner in chemistry stated “Our calculations using the best models available have shown that injecting 1 million tonnes of sulfur a year would cool down the climate so the greenhouse effect is wiped out.”

The theory uses the idea that an added layer of sulfates in the stratosphere, approximately 16 kilometres above the earth, would reflect sunlight back into space and reduce the amount of solar radiation reaching the Earth’s surface.

Critics have shown that the earth has struggled for decades to reduce sulfur pollution, and how it is a component of acid rain that kills plantlife and animals.

A large-scale experiment would be impossible to conduct, however scientists have noticed that massive volcanic eruptions have had similar effects on the earth. The 1991 eruption of Mount Pinatubo in the Philippines lowered temperatures around the world for two years, according to data taken at the time.

Crutzen resparked discussion on the topic, a theory which has been dismissed up until now as dangerous. “Until August this was a taboo issue. But the paper I published really set off some movement in this area. It never hit the level of seriousness which it has taken in the past months,” Crutzen said.

Environmental groups are skeptical but agree the idea should be investigated. “This idea should be examined and as a last resort it can buy us a few decades,” said Steve Sawyer, a policy adviser for Greenpeace International.

Retrieved from “https://en.wikinews.org/w/index.php?title=Scientist:_Sulfur_remedy_for_greenhouse_effect_backed_by_data&oldid=3332325”

Software Application Development Best Practices

Software Application Development Best Practices

by

Stella Robinson

Over 80% of projects are unsuccessful because they are over budget, late, missing function, or a combination. Moreover, 30% of the software projects are so poorly executed that they are canceled before completion. Software project using modern technologies are no exception to this rule. This article is about the best practices for software development projects.

Development process

To have development process for your project is an important thing because all other activities are derived from the process. For most modern software development projects, some kind of spiral-based methodology is used over a waterfall process. There are several choices, including the Rational Unified Process (RUP), IBM Global Services Method, and eXtreme Programming (XP). In many cases it is less important on what process is used than how well it is executed. The commonly used methodologies listed above all contain guidance about how to execute the process and templates for artifacts.

Project Requirements

[youtube]http://www.youtube.com/watch?v=r67gDvx8KEA[/youtube]

Gathering project requirements and agreeing on requirements prior to begin any project is must for its success. It s not necessary to collect all requirements before any architecture, design and coding are done, but it is important for the development team to understand what needs to be built. Generally requirements are broken into functional and non-functional. A good way to document functional requirements is using Use Cases. Non-functional requirements describe the performance and system characteristics of the application. It is important to gather them because they have a major impact on the application architecture, design, and performance.

Architecture

Selecting appropriate architecture for your application is key to success. Tried and true practices are called patterns and they range from the classic Gang of Four patterns, Java patterns, to EJB design patterns. Sun\’s equivalent is the Core J2EE Patterns catalog. Most of the projects are failed. The study of these failures has given rise to the concept of antipatterns. They are valuable because they provide useful knowledge of what does not work, and why.

Design

Many applications are either over-designed or under-designed. The two basic principles here are \”Keep it Simple\” and information hiding. For many projects, it is important to perform Object-Oriented Analysis and Design using UML.

Coding

Construction of the code is a fraction of the total project effort, but it is often the most visible. Other work equally important includes requirements, architecture, analysis, design, and test. A best practice for constructing code includes the daily build and smoke test. Martin Fowler goes one step further and suggests continuous integration that also integrates the concept of unit tests and self-testing code.

Stella Robinson is working with an eminent and professional Offshore Mobile and Web development agency named Peerbits. At present she is writing on

Software application development

. If you want to know more

contact us

for further inquiry.

Article Source:

ArticleRich.com

Teen broadcasts suicide online

Sunday, November 23, 2008

A Pembroke Pines, Florida teenager killed himself Wednesday, November 19, while broadcasting on the live video site Justin.tv. After making suicide threats and being encouraged by Justin.tv viewers and Bodybuilding.com forum members, Abraham K. Biggs, 19, committed suicide by taking an overdose of opiates and benzodiazepine, which had been prescribed for his bipolar disorder.

Biggs first began blogging about his planned suicide 12 hours before the actual event. He died after taking pills and lying on the bed in front of the webcam. After the broadcast, viewers who apparently thought it was a hoax posted messages such as “OMG”, “LOL”, and “hahahah”.

Hours later, after being alerted by viewers who had noticed that Biggs had stopped breathing, law enforcement and paramedics arrived, discovered his body, and covered the camera. The Broward County Medical Examiner’s Office has reportedly confirmed Biggs’ death.

According to Montana Miller of the Bowling Green State University, the circumstances of this case were not shocking: “If it’s not recorded or documented, then it doesn’t even seem worthwhile. For today’s generation it might seem, ‘What’s the point of doing it if everyone isn’t going to see it?'”

Biggs’ sister Rosalind was angry that neither the website nor its viewers reacted soon enough to save him. “They got hits, they got viewers, nothing happened for hours,” she said. She described him as “very happy” and “friendly and outgoing.” “On a normal day, you couldn’t really tell that he got as low as he did.” However, he did have relationship problems with his girlfriend, according to a friend.

Mental health professionals have warned about the possibility that other mentally troubled people would copy his actions. According to Dr. David Shaffer of Columbia University, “Any video showing it as heroic or romantic or glamorous could reduce the anxiety people might feel about suicide. It becomes a respectable behavior and lowers the threshold of suicide.” He and other psychiatrists recommend that potentially suicidal teens talk to others and “tell what’s going on.”

Retrieved from “https://en.wikinews.org/w/index.php?title=Teen_broadcasts_suicide_online&oldid=4579216”

Some Disadvantages Of Understanding Addiction As A Disease

By Tom Horvath

In the news media the typical expert describes addiction as a disease. Often these experts work at addiction treatment facilities. It would be easy to conclude that experts agree that addiction is hereditary, incurable and lifelong. In the addiction field this view is referred to as the ‘disease model.’ In fact there is significant disagreement about the disease model, but the scientists and professionals who view addiction in other ways do not receive the same media coverage. Why alternatives to the disease model (there are several) do not get more publicity is a story in itself. However, this article will focus on two reasons not to understand addiction as a disease.

The first disadvantage of the disease model is that, for individuals with addiction problems, it is distracting. If I drink too much alcohol, my attention would best be focused on what I need to do about this behavior. By focusing on reducing or stopping my drinking, perhaps I can be successful on my own, or realize that I need to get outside help. However, if instead I spend my time wondering about whether I am an ‘alcoholic,’ I am not doing anything constructive to address my problems. Wondering whether I am an alcoholic distracts me from actually resolving my drinking problems. Although it may seem foolish (if you don’t have drinking problems) to spend your time wondering about this issue, many individuals who drink too much do so. Unfortunately, the conclusion reached is something like this: ‘Even though I drink too much, I’m not really an alcoholic, so I don’t need to worry about it. Only alcoholics actually need to make changes. I’m just someone who drinks too much.’

[youtube]http://www.youtube.com/watch?v=r3PPFWIByB8[/youtube]

This perspective does not make any sense, but it is very common. The heavy drinker can hide behind the conclusion of ‘not being a real alcoholic,’ and avoid change. It seems that no matter how heavy my drinking, there are others who drink more or have more problems from alcohol. I can think of them as alcoholics, but not me! In reality, whatever amount I drink might cause problems, depending on circumstances. I would do better to address my drinking directly, and not be concerned about whether the label alcoholic (or addict) is the right one for me.

A second disadvantage of the disease model is that it can be depressing and de-motivating: ‘I have this disease that I can never get rid of.’ The idea itself is enough to drive me to drink! Rather than motivating me to improve my behavior, the disease model could lead me to feel hopeless. If someone believes in the disease model, and starts drinking, it is easy (and common) to think ‘I can’t help this, I have a disease.’ Rather than moderating (drinking at a low level that does not cause problems) or reducing (drinking too much but less than a binge), a full-blown binge (of alcohol, drugs, or both) can occur. Once the binge occurs it can be taken as more evidence that I really am hopeless, so what is the point of even trying to change? It would be better for me to think that I need to stay focused on my drinking, and not expect complete improvement immediately. I could learn to moderate or stop my drinking, just as I have learned many other things.

Although the experts quoted in the media are likely for a long time to continue to describe addiction as a disease, we each still have the freedom to understand addiction any way we want to. For many of us, not using the labels addict or alcoholic, and having a hopeful perspective on change, will be more helpful.

About the Author: A. Tom Horvath, Ph.D., ABPP, is a board certified clinical psychologist and president of Practical Recovery

non-12-step alcohol addiction treatment

, an addiction treatment facility in La Jolla (San Diego), CA, focusing on collaborative care and self-empowerment.

Source:

isnare.com

Permanent Link:

isnare.com/?aid=318046&ca=Advice