9 13 limit access to unit of measure changes
Accounting Best PracticesFifth Edition_1 ppt
Ngày tải lên :
20/06/2014, 18:20
... contact our Customer Care Department within the United States at 800-762- 297 4, outside the United States at 317-572- 399 3 or fax 317-572-4002 Wiley also publishes its books in a variety of electronic ... www.wiley.com Library of Congress Cataloging-in-Publication Data: ISBN: 97 80470081822 Printed in the United States of America 10 ch00_FM_4773.qxd 12/ 29/ 06 9: 07 AM Page v To John DeRemigis, who ... a mix of changes in products, customers, and markets, as well as demands for increased efficiencies or information in a number of existing areas The CEO then hands off the plan to a group of managers...
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Accounting Best PracticesFifth Edition_3 docx
Ngày tải lên :
20/06/2014, 18:20
... be used to it—they want to talk to a person and will deluge the company’s operator to voice this opinion To quell this type of response, the system should include an option to exit the automated ... waste of time, since it does not add a whit of value to the process The solution to the multitude of inefficiencies related to check-signing is to get rid of the check-signers completely Instead of ... recipients not want to report income to the government, and so will refuse to fill out a W -9 form or to supply a taxpayer identification number to the company Thus, completing 1 099 forms by the IRS-mandated...
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Accounting Best PracticesFifth Edition_4 docx
Ngày tải lên :
20/06/2014, 18:20
... low-volume customer accounts The main ch04_4773.qxd 12/ 29/ 06 9: 12 AM Page 91 4 9 Enhance the Invoice Layout 91 problem is that it takes some time and persuasion to get a customer to agree to use EDI ... a company’s customers to access not only their billings, but those of their other suppliers, too This approach has the distinct advantage of allowing customers to pay a number of different bills ... several trips to each customer, including time to send trial transmissions to the customer’s computer to ensure that the system works properly To this with a large number of lowvolume customers is...
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Accounting Best PracticesFifth Edition_5 docx
Ngày tải lên :
20/06/2014, 18:20
... useful to see how the most important ones fit together into a coherent set of cash management practices Accordingly, there is a flowchart in 1 29 ch06_4773.qxd 12/ 29/ 06 9: 14 AM Page 130 130 Cash ... solution is to merge as many of them together as possible To use the previous example, rather than give a bank account to each store, it may be possible to issue a fixed number of checks to each location, ... then it is time to either negotiate with the bank to reduce the amount of float ch06_4773.qxd 12/ 29/ 06 9: 14 AM Page 138 138 Cash Management Best Practices it is taking or to switch to another bank...
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Accounting Best PracticesFifth Edition_7 pptx
Ngày tải lên :
20/06/2014, 18:20
... necessary to install these best practices as a ch 09_ 4773.qxd 12/ 29/ 06 9: 20 AM Page 2 19 Total Impact of Best Practices on the Costing Function 2 19 Limit Access to Unit of Measure Changes Audit Bills of ... costing 9 12 Track excess capacity 9 13 Limit access to unit of measure changes 9 14 Report on landed cost instead of supplier price 9 15 Review cost trends 9 16 Review material scrap levels 9 17 ... Installation time: 9 13 Limit Access to Unit of Measure Changes The unit of measure field, an innocuous field in the computer system, can have a major impact on the accuracy of product costs When...
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Accounting Best PracticesFifth Edition_9 doc
Ngày tải lên :
20/06/2014, 18:20
... amount of staffpower to the comparison of accounts payable and inventory records To avoid the entire cutoff problem, it is absolutely mandatory that a company strictly adhere to a policy of turning ... plethora of additional schedules, such as sales by customer or region, inventory levels by type of inventory, and a complete activity-based costing analysis of every customer Though some of these ... of quantifying it without paying for the services of a finance expert Also, it may be useful to report to senior management on the measured risk of the current basket of investments, if only to...
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Accounting Best PracticesFifth Edition_11 potx
Ngày tải lên :
20/06/2014, 18:20
... of employees around processes These changes can bring about a major improvement in the efficiency of accounting processes ch13_4773.qxd 12/ 29/ 06 9: 26 AM Page 331 Summary Exhibit 13 .9 Impact of ... payment Voiding a payment Tools to use in a bank reconciliation Exhibit 13. 8 Sample Master Training Schedule General Best Practices ch13_4773.qxd 12/ 29/ 06 9: 26 AM Page 3 29 13 28 Implement Cross-Training ... ch13_4773.qxd 12/ 29/ 06 9: 26 AM Page 323 13 24 Move Intellectual Property to an Offshore Holding Company 323 eration services of this Web site are sold on a subscription basis, costing $1 49 per...
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Accounting Best PracticesFifth Edition_13 pot
Ngày tải lên :
20/06/2014, 18:20
... ch16_4773.qxd 12/ 29/ 06 9: 33 AM Page 399 16–30 Eliminate All Transaction Backlogs 399 16– 29 Eliminate All Paper from Inventory Transactions Every time someone handles a piece of paper listing an inventory ... that inventory must be stored for long periods prior to use; the odds of eventual obsolescence due to nonuse are also high The solution is to offer customers a greatly reduced set of product ... be necessary to include a pop-up reminder in the inventory software code that appears whenever an inventory balance is set to zero Another alternative is to modify the software to automatically...
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Podcast Accounting Best Practices_2 pot
Ngày tải lên :
21/06/2014, 04:20
... low-volume customer accounts The main ch04_4773.qxd 12/ 29/ 06 9: 12 AM Page 91 4 9 Enhance the Invoice Layout 91 problem is that it takes some time and persuasion to get a customer to agree to use EDI ... a company’s customers to access not only their billings, but those of their other suppliers, too This approach has the distinct advantage of allowing customers to pay a number of different bills ... several trips to each customer, including time to send trial transmissions to the customer’s computer to ensure that the system works properly To this with a large number of lowvolume customers is...
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Podcast Accounting Best Practices_3 docx
Ngày tải lên :
21/06/2014, 04:20
... useful to see how the most important ones fit together into a coherent set of cash management practices Accordingly, there is a flowchart in 1 29 ch06_4773.qxd 12/ 29/ 06 9: 14 AM Page 130 130 Cash ... solution is to merge as many of them together as possible To use the previous example, rather than give a bank account to each store, it may be possible to issue a fixed number of checks to each location, ... then it is time to either negotiate with the bank to reduce the amount of float ch06_4773.qxd 12/ 29/ 06 9: 14 AM Page 138 138 Cash Management Best Practices it is taking or to switch to another bank...
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Podcast Accounting Best Practices_4 potx
Ngày tải lên :
21/06/2014, 04:20
... one unit on that product to a customer who defaults, it has just incurred a loss of $9 that will require the sale of nine more units to offset the loss However, if the same product had a profit of ... degrees of automation that can be applied to the use of dunning letters The easiest approach is to have a standard preprinted letter, easily copied and mailed to a customer The next level of automation ... customer is to send a copy of an invoice that the customer cannot find To so, the collections person must either access the accounting computer system to print out a copy of the invoice or go to...
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Podcast Accounting Best Practices_6 pdf
Ngày tải lên :
21/06/2014, 04:20
... difficult one It is possible to transfer all key electronic document images to microfilm or microfiche, or to store all data in the most ‘‘bombproof” of current data storage formats, American Standard ... and www.earnings.com to automatically notify their subscribing investors of the times when they can access ch11_4773.qxd 12/ 29/ 06 9: 22 AM Page 251 11 9 Outsource the Company Stock Purchase Plan ... really will not be able to function unless significant changes are made to the computer system This best practice is a mandatory one if on-line access to data is to take the place of paper documents...
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Podcast Accounting Best Practices_8 ppt
Ngày tải lên :
21/06/2014, 04:20
... immediately to ch13_4773.qxd 12/ 29/ 06 9: 26 AM Page 299 13 2 Continually Review Key Process Cycles 299 encounter exceptions to the rules, as well as special situations that spawn a subset of extra ... their careers ch13_4773.qxd 12/ 29/ 06 9: 26 AM Page 3 09 13 9 Switch to an Application Service Provider 3 09 Luckily, one can leave the software problem to someone else through the use of an application ... tangled web of accounting problems is to consolidate all or most of the functions into the smallest possible number of locations By doing so, ch13_4773.qxd 12/ 29/ 06 9: 26 AM Page 298 298 General...
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Podcast Accounting Best Practices_10 pptx
Ngày tải lên :
21/06/2014, 04:20
... kept out of the warehouse and that the warehouse personnel are committed to a high level of inventory accuracy ch16_4773.qxd 12/ 29/ 06 9: 33 AM Page 3 89 16–20 Move Inventory to Floor Stock 3 89 This ... left to make Cost: Installation time: 16–20 Move Inventory to Floor Stock The typical inventory contains an enormous number of small parts, many of which are difficult to track, are not stored ... difficult to obtain, and that must be kept in stock Finally, the existing inventory may take years to reduce to zero, unless a company is willing to take write-downs to eliminate some stock or...
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Podcast Accounting Best Practices_11 potx
Ngày tải lên :
21/06/2014, 04:20
... ch16_4773.qxd 12/ 29/ 06 9: 33 AM Page 399 16–30 Eliminate All Transaction Backlogs 399 16– 29 Eliminate All Paper from Inventory Transactions Every time someone handles a piece of paper listing an inventory ... that inventory must be stored for long periods prior to use; the odds of eventual obsolescence due to nonuse are also high The solution is to offer customers a greatly reduced set of product ... be necessary to include a pop-up reminder in the inventory software code that appears whenever an inventory balance is set to zero Another alternative is to modify the software to automatically...
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Podcast Accounting Best Practices_13 docx
Ngày tải lên :
21/06/2014, 04:20
... excess capacity 9 13 Limit access to unit of measure changes 9 14 Report on landed cost instead of supplier price 9 15 Review cost trends 9 16 Review material scrap levels 9 17 Revise traditional ... availability, 137 138 Invoicing deductions, 99 On-line reconciliation, 130 132 Reconciliation avoidance, 273–274 Bankruptcy Creditor claim, 154–155 Notification, automated, 1 59 160 Bar coding, 395 – 396 Battery ... receipts, 194 Impact of best practices on, 197 – 199 Implementation issues, 187–188 Inclusion in payroll payments, 192 – 193 Payment lengthening, 193 – 194 Payment posting, 196 Policies, 448–4 49 Simplification,...
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Risk and management Accounting Best Practices_3 doc
Ngày tải lên :
21/06/2014, 18:20
... useful to see how the most important ones fit together into a coherent set of cash management practices Accordingly, there is a flowchart in 1 29 ch06_4773.qxd 12/ 29/ 06 9: 14 AM Page 130 130 Cash ... solution is to merge as many of them together as possible To use the previous example, rather than give a bank account to each store, it may be possible to issue a fixed number of checks to each location, ... then it is time to either negotiate with the bank to reduce the amount of float ch06_4773.qxd 12/ 29/ 06 9: 14 AM Page 138 138 Cash Management Best Practices it is taking or to switch to another bank...
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Risk and management Accounting Best Practices_5 docx
Ngày tải lên :
21/06/2014, 18:20
... necessary to install these best practices as a ch 09_ 4773.qxd 12/ 29/ 06 9: 20 AM Page 2 19 Total Impact of Best Practices on the Costing Function 2 19 Limit Access to Unit of Measure Changes Audit Bills of ... costing 9 12 Track excess capacity 9 13 Limit access to unit of measure changes 9 14 Report on landed cost instead of supplier price 9 15 Review cost trends 9 16 Review material scrap levels 9 17 ... Installation time: 9 13 Limit Access to Unit of Measure Changes The unit of measure field, an innocuous field in the computer system, can have a major impact on the accuracy of product costs When...
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Risk and management Accounting Best Practices_6 pot
Ngày tải lên :
21/06/2014, 18:20
... difficult one It is possible to transfer all key electronic document images to microfilm or microfiche, or to store all data in the most ‘‘bombproof” of current data storage formats, American Standard ... and www.earnings.com to automatically notify their subscribing investors of the times when they can access ch11_4773.qxd 12/ 29/ 06 9: 22 AM Page 251 11 9 Outsource the Company Stock Purchase Plan ... really will not be able to function unless significant changes are made to the computer system This best practice is a mandatory one if on-line access to data is to take the place of paper documents...
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Risk and management Accounting Best Practices_7 ppt
Ngày tải lên :
21/06/2014, 18:20
... amount of staffpower to the comparison of accounts payable and inventory records To avoid the entire cutoff problem, it is absolutely mandatory that a company strictly adhere to a policy of turning ... plethora of additional schedules, such as sales by customer or region, inventory levels by type of inventory, and a complete activity-based costing analysis of every customer Though some of these ... of quantifying it without paying for the services of a finance expert Also, it may be useful to report to senior management on the measured risk of the current basket of investments, if only to...
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