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Saturday, December 31, 2011

Khak Mujh myn kamal rakha hy...

Beautiful Naat Sharif by Mushtaq Qadri (Rahmatullah Ta'ala Alaihe)

Happy New Year 20-12


New Year’s Reflections

Looking back on the months gone by,
As a new year starts and an old one ends,
We contemplate what brought us joy,
And we think of our loved ones and our friends.


Recalling all the happy times,
Remembering how they enriched our lives,
We reflect upon who really counts,
As the fresh and bright new year arrives.


And when I ponder those who do,
I immediately think of you.



Thanks for being with me
Happy New year 20-12 

Tuesday, October 25, 2011

5 things Long-Term Care Facilities Should Look For in a New ERP System


The decision to buy or upgrade an ERP system –such as Microsoft Dynamics GP – is never an easy one for any company. It can be especially true in the Long-Term Care industry, where the existing accounting system may be old, and as such, deciding what is needed in a new solution may be difficult. Here are 5 things a Long-Term Care Facility should look for when purchasing new software:
Flexible chart of accounts structure to meet reporting requirements
Make sure the system you implement allows for flexibility as your organization grows. How you structure your chart of accounts will ultimately decide how you report data, so it is crucial that you are not locked into a system that does not account for growth. This will also allow you to more easily respond to changes in Medicare and Medicaid reporting.

Wednesday, August 31, 2011

Monday, May 30, 2011

Sum of the Years' Digits Method of Depreciation:

Sum of the Years' Digits Method an accelerated method of depreciation which is also based on the assumption that the loss in the value of the fixed asset will be greater during the earlier years and will go on decreasing gradually with the decrease in the life of such asset. The SYD is found by estimating an asset's useful life in years, then assessing consecutive numbers to each year, and totaling these numbers. For n years:

SYD = 1 + 2 + 3 + 4 + ...... + n

For example if the useful life of an asset is 5 years, the SYD would be 1 + 2 + 3 + 4 + 5 = 15. Determining the SYD factor by simple addition can be somewhat laborious for long-lived assets. For these assets the formula n (n + 1) / 2 where n = the number of periods in the asset's useful life can be applied to derive the SYD. In our example, we have:5(5 + 1) = 30
                              2           2
 = 1 5

Monday, May 23, 2011

Role of Management Accountants

Please check the Role of management accountant at this link.

Saturday, May 21, 2011

excel

Assalam-o-Alaikum,
dear fellows from here u can download ten's of spread sheets & assistance about Excel templates free of cost
best of luck  take care

www.exinfm.com/free_spreadsheets.html