Oct
31
2022
0

Bookkeeping Essentials You Need To Know

Bookkeeping Essentials You Need to Know

by

Xilch

By maintaining a good financial record, you can easily monitor where your expenses go and which business you owe money to. It also helps you make better decisions, for instance when deciding to expand or offer more products.

As a business owner, what are the basic but important things in bookkeeping that you need to know? We list down five essential tips for you to consider:

Record daily expenses

Never forget to log every expense incurred. Be specific and record all the details including the purpose of the expense as well as the invoice and cheque numbers. Do not leave anything out. Accuracy is always important in record keeping and particularly useful come auditing time.

It s also important to record expenses taken from petty cash. Ask for a receipt every time your business pay in cash and keep them somewhere safe and accessible.

[youtube]http://www.youtube.com/watch?v=kn7u5QqO1so[/youtube]

Organize your financial records

Keeping records is not just about saving the receipts and invoices. It is also about organizing them properly so that you ll know where to look for them when you do financial reports. Separate files for income and payroll, accounts payables, loans, and daily operational expenses. Keep them in alphabetical or numerical order. Imagine the amount of time you can save by just keeping your files in order.

In addition, avoid including personal expenses in your business account as this can lead to misappropriation of funds.

Update Receivables on Time

According to accounting experts, this is the most common mistake that small business owners make.

Reconcile your accounts receivables with their corresponding invoices as soon as you receive payment. This way you can track which receivables are paid and the ones that are not. Check for any inconsistencies as well to ensure there are no errors in them.

Keep the receipts of every business purchase

When you spend on things for your business such as office supplies and equipment or gas for the company car, remember to always save the receipts. Keep them in an envelope and bring it with you in your bag or car for easy safekeeping. This will come in handy especially when you re out on the field or on a business trip. File them once a month as soon as you have collected enough.

Sometimes receipts can become unreadable over time so make sure you photocopy them or save digital copies before filing.

Use a bookkeeping software

For easier and better management of your financial records, you can use a bookkeeping software such as Xilch as an alternative. A cloud-based accounting software helps you monitor expenses, process payments and invoices, generate financial reports, backup your files, and more. Xilch s bookkeeping service, in particular, comes with certified tax agents to help you manage your finances.

Small and medium enterprises (SMEs) don t need to be financial experts when it comes to bookkeeping. As long as they are proactive with their finances and possess practical knowledge in managing them, they will be able to handle their business better.

Xilch is your bookkeeping solution in the cloud. We specialise in Xero, Australia s most advanced and easiest to use cloud accounting package. www.xilch.com.au

Article Source:

ArticleRich.com

Written by Admin in: Fixed Asset Management |
Oct
29
2022
0

Habertürk media sparks outrage over woman’s murder photo in Turkey

Wednesday, October 12, 2011

A photo of a naked and bloodstained murdered woman was shown on the front page of Turkey’s Habertürk Daily print edition last Friday, causing a social and media uproar.

The article was titled “The last point of violence against women”, and whilst there are daily reports of abuse and ‘honour-killings’, Habertürk has been the first to show a photo so graphic and uncensored. The photograph clearly shows the woman’s identity and the kitchen knife used to kill her that was still planted in her back.

I would have used that image even if it was my own mother

Habertürk has been highly criticized by social media users, readers, celebrities, woman organizations, professional press organisations and even its own staff members, with some claiming violation of journalism ethics rules. Habertürk’s own staff columnist Balcicek Ilter said, “the photo of the violated woman on my newspaper’s front page is violence itself.” Habertürk reported her husband, 45, murdered the woman, 38, in Manisa. A mother of two children, they separated after he was abusive towards her, the paper said.

At a time where campaigns are targeting the issue of violence against Turkish women, Habertürk‘s editor-in-chief, Fatih Altayl?, believes this photo counters reduced sensitivity to violence amongst the public. “I would have used that image even if it was my own mother,” he said. Habertürk firmly believes they made the correct choice in publishing the photograph even when asked by woman’s advocacy groups to apologise. “We demand the resignation of the writer of this news and the person who approved it. We call for journalism in print and on TV that stands for the right perspective,” said Canan Güllü from the Turkish Federation of Women Associations (TKDF).

the photo of the violated woman on my newspaper’s front page is violence itself

The Press Council convened Sunday to find a solution to this matter and its Secretary General, Dr. Hasan Sinar states that Habertürk has “ignored the Press Council and the Professional Press Principles” since mid 2009.

While this article has caught a lot of negative attention, there are supporters of Habertürk’s choice in using the photo. Serpil Sancar, head of Ankara University’s Women’s Issues Center agrees stating, “This photograph illustrates the violence women have to face. I don’t think showing the truth is bad. Seeing blood sets the conscience in motion.”

Since talking with Brussels over European Union membership in 2005, Turkey pledged to strengthen human rights and the protection of women. Earlier this year Human Rights Watch reported “Turkey’s flawed family violence protection system leaves women and girls across the country unprotected against domestic abuse.” The rate of female murders has increased 1,400% since 2004.

The Council of Europe’s commissioner for human rights, Thomas Hammarberg, is scheduled to be in Turkey currently. A report by Hammarberg earlier this year noted improvements in press freedom, but nonetheless claimed “There is a need for immediate measures to defend these rights [freedom of expression and the media] and support an environment of tolerance to accommodate opposing views.”

Retrieved from “https://en.wikinews.org/w/index.php?title=Habertürk_media_sparks_outrage_over_woman’s_murder_photo_in_Turkey&oldid=4254337”
Written by Admin in: Uncategorized |
Oct
29
2022
0

Thaksin ordered back to Thailand on stock-sale charges

Tuesday, June 19, 2007

Ousted and living in exile, with assets frozen in Thailand, former Thai prime minister Thaksin Shinawatra was ordered today by the Royal Thai Police to appear on charges related to the sale of some of his family’s stock holdings.

The order adds to mounting, increasingly complex legal troubles for Thaksin, the telecommunications billionaire who led Thailand until he was unseated in a coup last year.

Thaksin and his wife, Potjaman Shinawatra, who are both outside of Thailand, were both ordered to present themselves to the Department of Special Investigation (DSI) by June 29 at the latest. A relative of Potjaman’s, Busaba Damapong, was also ordered to appear.

“If they intentionally fail to appear, we must issue an arrest warrant,” DSI chief Sunai Manomai-udom was quoted as saying by Agence France Presse.

Noppadol Pattama, Thaksin’s lawyer and spokesman in Thailand, could not say when his client would return.

“We will have to seek legal consultations among the lawyers. His security is only one factor. We will have to see what our options are and consult with him as well,” Noppadol was quoted as saying by Associated Press.

Last week, interim Prime Minister Surayud Chulanont and the junta’s leader, General Sonthi Boonyaratglin, both said Thaksin could return to Thailand of his own free will, in order to appeal the seizure of his assets. But later, Sonthi said Thaksin might face harm if he returned too soon.

The latest charges relate to the transfer of shares in 2000 in a real-estate company called SC Asset to a British Virgin Islands-owned company called Win Mark. Police say the Shinwatras’ controlling ownership of SC Asset was illegally concealed through nominees. Potjaman’s relative, Busaba Damapong, served as executive director of SC Asset.

Through nominee companies and disclosed shares, Sunai said, the Shinawatra family owned 79.87 percent of SC Asset. “Not only did they have control of a majority stake but also control over board decisions,” Sunai told Associated Press.

They broke the law in failing to report their ownership in SC Asset and failing to report the transfer of the shares, Sunai said. They could face five years in prison and fined at least 500,000 baht (about US$15,000), Sunai added.

Thaksin is also supected of violating the prohibition on Cabinet members holding shares in publicly traded companies, and could face up to ten years in prison and a 1 million baht fine for that.

Potjaman and Thaksin were also charged yesterday over the purchase of a 13-acre tract of land along Ratchadaphisek Road near the Thailand Cultural Centre in Bangkok.

The Office of the Attorney General says Potjaman purchased the land in an auction that was possibly rigged. Valued at 2.1 billion baht before the 1997 Asian financial crisis, and 870 million baht after, Potjaman purchased the land in 2003 for 772 million baht.

The Attorney General’s office is recommending to the Supreme Court that the land be confiscated by the government.

Potjaman is also sought in Thailand to testify before the Assets Examination Committee (AEC) on the sales of her family’s Shin Corporation stock to Singapore-owned Temasek Holdings.

She sent word today that she is seeking medical treatment for headache and irregular heartbeat in Raffles Hospital in Singapore, and that she asked the AEC to delay the hearing.

Potjaman appeared in court last month to plead not guilty to charges of tax evasion in the sale of Shin Corp. stock to Temasek.

The AEC yesterday ordered an additional seven bank accounts seized after it was discovered that the accounts are controlled by the Shinawatra and Damapong families. The accounts contain 8 million baht that was feared missing last week after the AEC ordered 21 of Thaksin’s bank accounts frozen. The 8 million baht had been transferred just before the AEC’s order, to the other seven accounts.

Authorities have frozen a total of 52 billion baht, or about US$1.6 billion, frozen, money they say came from the Shinawatra family’s sale of Shin Corp. stock to Temasek. The stock sale prompted mass protests against Thaksin last year and was one of the factors in the coup that overthrew his government. The authorities also believe that the Shinawatras and the Damapongs have 73 billion baht from the stock sale remaining in Thailand, and officials are still hunting for another 21 billion baht to seize.

Retrieved from “https://en.wikinews.org/w/index.php?title=Thaksin_ordered_back_to_Thailand_on_stock-sale_charges&oldid=724884”
Written by Admin in: Uncategorized |
Oct
28
2022
0

New Zealand suicide rate decreases

Tuesday, August 1, 2006

A new report released by the New Zealand Ministry of Health titled “Suicide Trends” shows that the suicide rate in New Zealand has decreased 15% since its peak in the late 1990’s, but the attempted suicide rate is increasing.

There were 12 deaths per 100,000 people between 1983-’85. 16.7 deaths per 100,000 people between 1996-’98. And 14.2 deaths per 100,000 people between 2001-’03. But there were 73.1 attempted suicides per 100,000 people between 1995-’97 compared to 82.5 in 2002-’04.

Jim Anderton, Associate Health Minister, said “It provides some comfort to see the long-term trend still appears to be heading in the right direction, with a continued decline or levelling off of self-inflicted deaths but there is no room for complacency.”

The suicide report also shows that:

  • The 25- to 34-year-old age group has the highest suicide rate
  • Between 2000-’03 Maori has the highest suicide rate
  • Men were less likely than woman to go to hospital for attempted suicide because more men died from suicide.

The New Zealand Government has put NZ$10.3 million towards direct suicide prevention. New Zealand News agencies are banned by law from reporting suicide deaths.

Retrieved from “https://en.wikinews.org/w/index.php?title=New_Zealand_suicide_rate_decreases&oldid=4536112”
Written by Admin in: Uncategorized |
Oct
27
2022
0

Learn The Best Way To Make Money Online With Affiliate Advertising

Get More Information Here:

Submitted by: Michealxv Payne

The first step for almost anybody who wants to earn cash on-line is to learn how to make cash with affiliate marketing . This is a good first step as a result of it teaches, by means of experience, the fundamentals of internet marketing. It is also good for the newbie as a result of you don’t have to spend time or cash creating your personal product or spending a lot of cash on a superb sales writer.

As an affiliate marketer, your job is not to sell however to pre-sell your affiliate products. Slightly, your affiliate marketing website, blog or e-list ought to consider the problems your niche market experiences. In any case, most merchandise–especially info merchandise–are sold to individuals who have a problem they want to solve.

If you promote another person’s product, you don’t have to worry about paying anyone to jot down a sales letter as a result of it is already carried out for you. Good sales letters written by competent sales writers can value anyplace up to the low four-determine to the five-figure range. It is not just gross sales phrases that go into the material. Hours and hours of product analysis–and extra importantly, market and consumer analysis–go into the building of a gross sales letter. Good gross sales writers are “worth their charge” in gold, though. Ultimately, creating your own product (or paying any person to create it), then marketing it, is likely one of the greatest and most fulfilling ways to earn an income online. But this can take time and financial sources that the majority freshmen just do not have. Learning to make cash online with internet online affiliate marketing also can keep you from making costly mistakes whenever you lastly do have your individual product. Mistakes are part of the learning process, and it’s best to count on to make a couple of if you first start out. But it’s greatest to make them when you do not have giant amounts of your own money, or your own brand, at stake.

These days, there are getting an increasing number of people who are in search of methods to make cash online easily for free. But it would not seems to be that simple to earn cash online. There are numerous people who fails. There are lots of ways in which one can use to make a large revenue on the internet. I’ve stated 5 of the perfect ways to generate income online easily without cost as below. So, you should use it as a reference and decide which one in every of it suits you the best.

[youtube]http://www.youtube.com/watch?v=4kIWqDK4j5Q[/youtube]

5 of the perfect methods to become profitable online

First methods – Doing E-commerce

In e-commerce, you might be truly selling an precise products on the internet. You have to to cope with the purchasers, and suppliers. Doing e-commerce is nearly the same like how you run a traditional business. The different things here is that e-commerce is doing enterprise on the internet. So, before you get began in this, you should have an excellent knowledge in business.

Second Ways – Internet online affiliate marketing

To make money from this, it is advisable to sacrifice a few of your time to do research on information of the matters that you’re writing earlier than you can begin writing your personal e-books. Though it is quite profitable, this is not for you if you are a beginner.

Fourth Methods – Google AdSense

By doing Google AdSense, you might be truly allowing Google to place advertisement in your weblog or websites. They may pay you for permitting them to place commercial in your website. Google will chose what kind of adverts to be put on your web page. That is very suitable for those who want to make additional earnings every month. To do this, it requires some technical skills.

Fifth Ways – CPA Networks

In case you are searching for a quick ways to generate profits online, then this is the one. On this method, what you do right here is to refer a consumer to products or companies. So, when the customer that you are referring to an internet site buys one thing from the company, then the company pays your money. Many of the companies out there need folks such as you to bring prospects to them.

Clearly, you may need a very good program from someone who’re already success to follow. In case you are serious about altering your life on the web, then you should not miss to go to my hyperlinks as below.

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Source:

isnare.com

Permanent Link:

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Written by Admin in: Fixed Asset Management |
Oct
25
2022
0

Iranian International Master Dorsa Derakhshani discusses her chess career with Wikinews

Tuesday, April 14, 2020

In February 2017, the Iranian Chess Federation announced two teenage chess players, Dorsa Derakhshani and her younger brother Borna Derakhshani, were banned from representing the national team. The federation announced their decision although Dorsa Derakhshani had previously decided and informed the chess federation she did not wish to play for Iran.

Dorsa Derakhshani is currently 21 years old and holds the International Master (IM) as well as Woman Grand Master (WGM) titles. Her brother, Borna, plays for the English Federation and holds the FIDE Master title.

Dorsa Derakhshani was banned since she did not wear a hijab, an Islamic headscarf, while competing at the Tradewise Gibraltar Chess Festival in January 2017. Under the laws of Islamic Republic of Iran, hijab is a mandatory dress code. Her brother Borna Deraskhsani was banned for playing against Israeli Grand Master (GM) Alexander Huzman at the same tournament. Iran does not recognise the existence of Israel, and previously, Irani athletes have avoided playing against Israeli athletes.

Mehrdad Pahlavanzadeh, the president of the country’s chess federation, explained the decision to ban the players saying, “As a first step, these two will be denied entry to all tournaments taking place in Iran and in the name of Iran, they will no longer be allowed the opportunity to be present on the national team.” ((fa))Farsi language: ?????? ????? ?? ??? ??? ?? ??? ????? ?? ?? ???? ???????? ?? ?? ????? ? ?? ??? ????? ?????? ??????? ????? ??????? ? ???? ???? ???? ?? ??? ??? ?? ??????? ????. He further stated, “Unfortunately, something that should not have happened has happened and our national interest is paramount and we have reported this position to the Ministry of Sports.” ((fa))Farsi language: ????????? ?????? ?? ????? ????????? ?????? ??? ? ????? ??? ?? ?? ?? ???? ?????? ???? ? ?? ??? ???? ?? ?? ????? ???? ?? ????? ?????.

IM Dorsa Derakhshani, who currently studies at Saint Louis University in the United States and plays for the United States Chess Federation, discussed her chess career, time in Iran and the 2017 controversy, and her life in Saint Louis with a Wikinews correspondent.

Retrieved from “https://en.wikinews.org/w/index.php?title=Iranian_International_Master_Dorsa_Derakhshani_discusses_her_chess_career_with_Wikinews&oldid=4583918”
Written by Admin in: Uncategorized |
Oct
23
2022
0

Facts About Hospice And Palliative Care In Macon Ga

January, 2015 byAlma Abell

Palliative and Hospice care services are different even though they are often used in conjunction with one another. Hospice And Palliative Care in Macon GA is offered to patients with a range of serious to terminal illnesses. The following will cover the basic facts everyone should know about Hospice and palliative care.

How are Hospice and palliative care different?

Hospice services are primarily for terminally ill patients with only a few weeks or months to live. Palliative services are used in Hospice care to make the patient as comfortable as possible. Hospice care is often dependent upon palliative services.

Palliative care services is not exclusive to the terminally ill. It is also for patients suffering with any serious illness, at any age, and at any phase of the illness. It can be used alongside of other curative medical treatments and is not dependent on the long-term prognosis.

Who can receive Hospice and palliative care?

Hospice And Palliative Care in Macon GA encompass a variety of medical care services to aid patients. These services can be performed in a facility or for people who choose in-home care. Patients who cannot be moved from their homes can receive these medical services just like those who are in Hospice care or those who can get treatment in a facility.

People who experience pain, strange sensations, stress, and other symptoms related to their serious illness often utilize palliative services. Some of the illnesses where this care is used include AIDS, Alzheimer’s, cardiac disease, cancer, ALS, and kidney failure.

Patients in Hospice with a short time to live also suffer with some of the same illnesses as those receiving palliative care as well as other terminal illnesses. It is not uncommon for palliative care services to include help for the families of those in Hospice. Hospice And Palliative Care in Macon GA services can cover a wide scope of treatments that include physical, psychological, and spiritual care depending on the needs and desires of the patient and family.

Are these services covered by insurance?

Most insurance plans cover Hospice and palliative services, but it’s best to find out if your insurance provides such coverage. If not, it’s wise to add coverage or find other insurance coverage that will cover it just in case something happens to you or your loved ones. Hospice Care Options of Central Georgia accepts most major insurance plans and has facilities and agencies in the Macon and surrounding areas. Browse website for more information.

Written by Admin in: Home Care Services |
Oct
23
2022
0

CFPB records fewer complaints in early days of US government shutdown

Tuesday, October 8, 2013

Unlike some parts of the US Federal Government, the Consumer Financial Protection Bureau (CFPB) has been open during the federal government shutdown and recording a record-low number of complaints submitted by consumers against mortgage companies, credit card companies, student loan providers, banks, money transfer providers, companies who provide credit reports, and other companies providing consumer loans.

With data not available for yesterday, the first four days of the shutdown had daily totals of 37, 16, 13, and 3 complaints. With the exceptions of September 29 with 15 complaints and September 28 with 23, it is the lowest daily total since March 16 of this year when 36 total complaints were recorded and February 23 of this year with 14. The total complaints are also down from the same dates last year, when the total complaints per day for the first four days of October 2012 were 272, 298, 288, and 225.

Of the 69 filed complaints recorded so far this month, 27 were complaints about mortgage companies, 21 were about bank accounts and 10 were about credit card companies. 40% of credit card companies complaints, 42.9% of bank account complaints and 48.1% of mortgage complaints are currently listed as still in progress. Most of the rest have been closed with an explanation.

Bank of America leads all companies in terms of total complaints filed this month with 9. Bayview Loan Servicing, LLC andJPMorgan Chase have 7 complaints each. Ally Bank, Sovereign Bank, and Wells Fargo have 4 each. Flagstar Bankand Equifax have 3 each. Citibank, Nationstar Mortgage, TD Bank, Amex, and FirstMerit Bank have 2 complaints each. 18 financial services companies have 1 complaint each filed against them.

During the government shutdown, some CFPB staff have voiced their opinions on Twitter. Dan Munz, deputy assistant director for consumer engagement at the CFPB, tweeted, “Boy, shutdown week has really created a sudden bumper crop of amateur federal management experts.”; “Also, seems like Boehner is singlehandedly undoing whatever progress he’d made in portraying this as a Dem [Democratic Party] shutdown.”; and “Basically, there’s now a strong incentive to fill legislation with minor symbolic things you can bargain away later to protect the core.”

The agency has been able to stay open during the government shutdown because it is funded by the Federal Reserve. According to Amanda Terkel at the Huffington Post, Republican members of the United States House of Representatives have put closing the CFPB on their wish list of items in negotiating for a new debt ceiling limit. Party members have previously stalled the appointment of Richard Cordray as the CFPB boss as a way of hindering it from engaging in oversight of financial organizations in the the US.

Retrieved from “https://en.wikinews.org/w/index.php?title=CFPB_records_fewer_complaints_in_early_days_of_US_government_shutdown&oldid=2155518”
Written by Admin in: Uncategorized |
Oct
23
2022
0

G7 announce debt relief plan

Saturday, February 5, 2005

London, UK —The quarterly G7 Finance Ministers and Central Bank Governors’ meeting at Lancaster House concluded on February 5, 2005, with the G7 failing to agree on a plan to reduce debt in developing countries. According to the Los Angeles Times, British Chancellor of the Exchequer Gordon Brown announced that he believes, “this summit will be remembered as the summit for 100% debt relief” for the 27 countries involved in the Enhanced HIPC Initiative. Ministers from other G7 countries disagreed. Brown’s so-called International Financial Facility proposal, or IFF, “would not work for the U.S,” Undersecretary of the U.S. Treasury John Taylor said to the Los Angeles Times.

The joint statement issued by the ministers in the wake of the conference stated that, “We are agreed on a case-by-case analysis of HIPC countries, based on our willingness to provide as much as 100 per cent multilateral debt relief.” The ministers did not cite a figure for the minimum amount of debt relief that would be provided.

The conference was preceded by a demonstration in Trafalgar Square on the theme of “Make Poverty History.” Nelson Mandela spoke at the demonstration, attended by an estimated 20,000 people, according to World Development Movement, an organization involved in the planning of the event. Chancellor Brown invited Mandela to address the G7 on February 4, 2005, which he did in a “fireside chat,” according to Larry Elliott of The Guardian.

The G7, or ‘Group of Seven,’ is a coalition of seven major industrial democracies: the United Kingdom, France, Germany, Italy, Japan, the United States, and Canada. They hold quarterly meetings to discuss financial matters.

Retrieved from “https://en.wikinews.org/w/index.php?title=G7_announce_debt_relief_plan&oldid=4656841”
Written by Admin in: Uncategorized |
Oct
23
2022
0

Ed Sheeran wins Song of Year Grammy for Thinking Out Loud

Tuesday, February 16, 2016

Yesterday, UK singer Ed Sheeran won the Grammy Award for Song of the Year for his song Thinking Out Loud from his album × ahead of Kendrick Lamar’s Alright; Wiz Khalifa’s, featuring Charlie Puth, See You Again; Little Big Town’s Girl Crush; and Taylor Swift’s Blank Space. Girl Crush won the Grammy Award for Best Country Song.

Welsh singer Amy Wadge co-wrote the song. Sheeran during the ceremony said they wrote the song on a couch in his house. In remarks to the Western Mail, Wadge said the album was already complete when they wrote the song.

Thinking out Loud remained #2 on Billboard Hot 100 for almost two months, and topped the UK rankings last year. Its video song has 969 Million YouTube views and has more than four million likes. The song also won the Grammy Award for Best Pop Solo Performance.

US singer Stevie Wonder announced the winner for the Song of the Year, and the envelope was written in Braille script. He joked about it saying “You can’t read it, you can’t read Braille!”

Along with Ed Sheeran’s first Grammy, Canadians The Weeknd and Justin Bieber won Grammy awards for the first time.

Retrieved from “https://en.wikinews.org/w/index.php?title=Ed_Sheeran_wins_Song_of_Year_Grammy_for_Thinking_Out_Loud&oldid=4619216”
Written by Admin in: Uncategorized |