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 Take out the where and how from TurboCASH -You're just left with the when
Chris Lee
Computers, don't you just hate them for being good
at what they do but bad
at just being simple! You need help to set them up, help to fix them
and they always cost you money. Once you put programs on them, that
just makes it worse. Things do not seem to improve with time as
different people put out new, improved programs. Oh, yer!
Different people have
different problems and, whilst this may be similar to the guy next
door, often it is not exactly the same. This is how we get our
comparative advantage, being different but at a cost that is
sustainable.
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Let us consider three
different situations.
First there is the sole
trader, say a plumber. Here we have someone who works from home, is
well known for his work and advertises in the local paper. Somehow he
needs to account for the work that he does and stock he buys. If our
plumber is interested in doing the work himself, he can buy a PC,
load TurboCASH onto it, learn how accounting systems work,
learn how the tax system works and do it himself, or he can give
everything to an accountant and let him do it. Let the accountant
tell him how he is doing. Secondly, think of a couple of plumbers,
working together. They form a partnership, for both themselves as
well as for the taxman. The same options are open as for a sole
trader, or because there are now two, there is more incentive to try
and do their own book keeping, getting the accountant to just
finalise the accounts. Thirdly, we have a small firm of plumbers that
are able to employ a couple of people. Now we need to be able to see
how everyone is doing and the worth of running a small firm.
At each stage the need
for recording the businesses transactions is developing. Always, the
relative cost of each solution, is what matters. The answer is the
relative cost of each possible option, but always, time-is-money.
This means that if someone else enters transactions into the
accounting system then you will have to pay for it. If it is someone
else's equipment and their staff, it will cost you. This means that
you are always looking for the most economical way of doing the work.
One possibility is to have the same accounting system as your
Accountant, enter your invoices into the system and send the data
that you have spent your time entering. This is the way that most
people work, subcontracting the work that they can justify to a
book-keeper, accountant and so on.
This has a number of
problems with it. The first is that your Accountant may not have your
accounting system or be able to read the data files that you create.
You will need to send your data files to the Accountant, who will
then have to spend sometime converting your data so it can be seen.
Only once this process is complete can anyone start to spend real
time looking at your problem, the problem of your business. Enter
GoTuboCASH as a possible solution.
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