TurboCASH, the Best Free Accounting Software for Fiscal Sponsors
Millions people have been economically displaced by the COVID-19 pandemic
Tax compliance is not a natural process. The vast majority or tax payers outsource their tax affairs to professional accountants. Workers only ever deal with post tax revenues. Many of the lost jobs will never return. It is a massive task for these workers to regain their pre-Covid incomes through new businesses. For the fiscal authorities to regain these payroll revenues, it is Herculean. This recovery cannot be accomplised without working general ledger software.
Best we get to it ...
Ten Million Unemployed Young adults
Requires One million SME Businesses,
with one million TurboCASH accountants.
alternate cost would be $500M per year.
The problem
Millions people have been economicallydisplaced by the COVID-19 pandemic and associated global depression. Millions will have to reinvent themsleves. There is an urgent revenue knock on effect for Fiscal receivers.
The solution
Millions will require an accounting package. This will enable the business to forma and for the new entites to come built in with a tax paying culture The TurboCASH porject provides this as a Freemium service.
Our free downloads give these emerging businesses the opportunity to aquire IP while still keeping their precious capital in hand. As they expand the get an even better opportunity to take on a premium product. We welcome fiscal authorities and DTI departments to partner with us as sponsors of the TurboCASH project.
We seek fiscal authorities as partners to develope these emerging businesses.
The TurboCASH Vision
The Vision of the TurboCASH Project is to help people start and grow their businesses.
The TurboCASH Mission
The Missions is to provide a general ledger program - Free. We are now, and have been for some time, the ONLY open source double entry, multiuser, multilanguage general ledger capable of running small up to medium size businesses. TurboCASH is a capital boost of anywhere between $300 to $ 2000 per year that any user in any country can download and take advantage.
Discuss
Philip, please give me some ideas to ensure I never have to go back to the office?
Fortunately I can help you with that. I have for the last 15 years worked from home, in which time I was able to engineer the downloading of 2 Million copies of TurboCASH. Before caronavirus, the TurboCASH users audited and accounted for about $4 Bn in Turnover. After lockdown, we will have grown considerably. Feel free to take part in that expansion fro you own profit.
House Flipping
London Fish and Chips
Last Mile Delivery
Online Education
Agri Processing
Community Accounting
Ecommerce Management
Software Development
Digital Marketer
Why Is TurboCASH the Best Accounting Software for Fiscal Sponsors
Apart from the fact that TurboCASH 4 has every accounting function you could possibly need to run a profitable house flipping business, it is also 100% FREE.
To be more precise, with TurboCASH 4 you gain access to the following features: Invoices
Credit Notes
Purchases
Supplier Returns
Quotes
Orders
Debtors
Creditors
Stock Items
Backup/Restore
Ready To Download the Best Accounting Software for Fiscal sponsors?
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Fiscal Sponsors FAQ
IRS, HMRC, SARS, CRA, ATO, IRD, Revenue, ITD, DTI
Who are the current TurboCASH Sponsors?
The biggest Sponsors of the TurboCASH Project are Philip Copeman (Cape Town), Pieter Valentijn (Amsterdam) and Danie van Zyl (Cqaberga). We have worked years ,on stipends or by working elsewhere and using our resources to fund community development and a code base that now exceeds 1 Million lines of Pascal.
We do it because we realise the value (Millions of Dollars) that we are able to give to our users. It is in complete contrast to our major competitors Who effectively run a serial monopoly , wiht the express intent of transferring funds fronm the SME sector to that of their shareholders.
Our second group of sponsors is the TurboCASH 5 subscribers, who pay $ 6 a month to get a Freemium version of TurboCASH. The vast majority of our users get TurboCASH 4 free. Many of our paid subscribers still use TurboCASH 4.
Who would sponsor the TurboCASH Project?
If you are reading this email you are likely and officer or acting on behalf of, or for presentation to your fiscal authority or Department of Trade and Industry. ACT URGENTLY. Your future tax payers have a burning need to start new busineses, paid access to an accounting package, will be a barrier for all of them. SMASH IT.
How do we sponsor?
No matter how competitive open source software is, it still needs to be developed, marketed and sold - You have to pay to give away free software.
You can sponsor the TurboCASH project by contributing code or community development or by makng a financial contribution and letting a developer do the work. You can use a hybrid appraoch.
Pay yourself. Build your own teams that starts to develop TurboCASH open source solutions.
Pay a developer in your country to begin developing open source.
Pay a donation amount of what ever you wish to Philip Copeman and let me manage the process.
Donate
Purchase a site license of the Commercial version of TurboCASH for your community, state or country, sold on an annual licence agreement. (Minimuim payment $100,000)
Discuss
Who are the users?
TurboCASH users can be anyone from zero turnover (training or anticipating to start or work in a business, up to medium sise companies employing hundreds. The limit of the package is a 100 Billion single transaction currency unit. The most interesting group for us is the pre VAT payers up to around $10 Million T/O
The open source eco system.
It is not for me to tell you your business, but if you do not have at least some of up IT investment targeted towards open source, you are probably underperforming. Control of open source projects may appear laissez faire, but control rests with the largest contributors.
There are a number of exciting areas to sponsor:
Core TurboCASH open source code development
Interface to your tax systems
Language and localisations
Business Clones
Proprietary projects
All these areas will have multiplier impact on development, accounting and SME development in your community, state or country.
Why TurboCASH?
TurboCASH is a full general ledger modeled around batch entry, double entry and IFRS.
Ideal as a calculator for Valyue Added Tax or sales tax systems.
You are free to distribute TurboCASH 4 Free to your tax payers without our referral, GPL2.
Tested in a number of Tax regimes to facilitate IFRS or GARP standards in over 80 countries.
Contribute frameworks to your tax regime and encourage compliance.
Market prices for an SME package is around $500 per year. By sponsoring 10,000 systems, you are effectively investing $5M into your SME sector. each of these business will save the offshore purchase and will have this extra capital in their businesses.
What is the TurboCASH Project
TurboCASH 5 is a world class a batch driven, double entry, rollback database, that in conjunctions with Spreadsheets is an exceptional planning and reporting tool for corporates.
The extensive TurboCASH Community offers developing businesses excellent collaborative opportunities.
We will consider site licences for a country. For a singleannual fee paid by you, you can give TurboCASH out free to your Tax payers. Cheap route to financial literacy improves tax collections and GDP.
If you are interested in a country licence, or you are able to sell a country licence (50% commission) mail me philip@pinksoft.co.za
We want to Remain Vendor neutral?
There is no vendor neutrality in SME Accounting Software. Two companies account for 90% of the market for ASCII systems. If you remain vendor neutral, you are effectively supporting this serial monopoly . When you consider that accounting systems are strongly bound to spreadsheet systems, the problem becomes acute. It is fiscal irrationality to allow vendors to control the public high way, it is tantramount to rent seeking.
How do we benefit?
If you are anyone other that the IRS or HMRC, who are collecting rents on the world accounting market, then it makes sense to keep the costs of running tax returns and financial planning inside the SME community. Even if you are the IRS or HMRC, a simple calculation should show that the economic multiples of open source will imporve you fiscal take because leaving capital inside the SME industry is one of the best ways you can grow your economy.
TurboCASH will lower the barriers to startup for your tax payers. Sponsoring the TurboCASH project will create an intervention in the order of 5 times the value that you spend. For example if you spend $50,000 you could get as much as $500,000 in improved collections along with continued compliance.





