Enterprise resource planning systems are management information systems that integrate and automate business practices associated with the operations, production and distribution aspects of a company engaged in manufacturing products or services. Some of the well-known vendors of ERP systems are SAP AG, Oracle Applications, Microsoft Dynamics, SSA Global Technologies, QAD […]
Accounting
In Bank Reconciliation, What Are Reconciling Items?
If you are maintaining a checking account with a bank, I guess you are familiar with bank reconciliation. You always receive a bank statement with attachments, didn’t you? All checks you issued and paid by the bank are attached with stamped canceled. You will also find attached thereto, debit and […]
Depreciation, Causes of Depreciation, Need for Provision of Depreciation
Life span of an asset to a business rests primarily, on the purpose of its acquisition and secondary, on its nature. An item acquired for immediate consumption or sale is a short-lived asset and that meant for prolonged use, is long lived asset, though both produce revenues. Whereas the former […]
Peran Lembaga Keuangan Syariah dalam Perekonomian Indonesia
Lembaga Keuangan Syariah adalah sebuah elemen penting dalam perekonomian Indonesia yang semakin berkembang pesat. Salah satu bentuk lembaga ini adalah Lembaga Pengelola Zakat, Infaq, Shodaqah, Wakaf, dan Dana Sosial (ZISWAF). Artikel ini akan menjelaskan asal usul serta perkembangan awal dari lembaga keuangan syariah, dengan penekanan khusus pada peran Lembaga ZISWAF […]
What To Include In The Financial Section Of A Successful Business Plan
Having extraordinary skills and talent in a business area, being hardworking and determined, persistent, having great ideas and full of energy is a fantastic mix for a successful business career. But all those exquisite qualities mean nothing if the end result is not represented in the bottom line. The financial […]
Seychelles Offshore Company Formation – The Simplest of Tax Havens For Offshore Incorporation
A tax haven is a place where certain taxes are levied at a low rate or not at all e.g. Seychelles tax for an offshore company is zero. This encourages wealthy individuals and/or firms to establish themselves in areas that would otherwise be overlooked. Different jurisdictions tend to be havens […]
The History of Database Management Systems
With the hot new buzz about data management systems, you would have thought that they are a very recent invention. In fact, that is not true at all. Simple electromagnetic databases have existed even in the earliest electronic computers. In fact, it is hard for any computer to operate without […]
What’s the Number 8 Reason You Will Never Find Love?
Number 8 is going to sound crazy at first. Stay with me and think about it. I am saying the reason your relationships don’t work or you get mediocre at best is because you have never been trained to be in a relationship. Yes, I said that. Think about it. […]