Member Since: 2nd Dec 1999
23rd Apr 2020
This article contains no information whatsoever and is nothing more than a thinly disguised advert. I have better things to do with my time at the moment, than read articles like this. Thank you for wasting my time.
12th Aug 2014
Old Greying Accountant - I'm with you on that one...obviously not in a real, or sociable sense...
11th Aug 2014
Are you sure?
Are you sure about the benefits of doing this? I know of other companies that "encourage" their workers to carry out work at a charity for a day, but they tend to be larger companies and banks trying to regain some public support (I've news for them, it doesn't work). Its a difficult one and will depend on the age demographic of the people involved. But have you considered, what it is you are trying to achieve? Perhaps a drink after work or a lunch would be sufficient, or a start. I like the idea of offering them the day off when its their birthday. Having been on some in the past, I do think the corporate day out is a waste of time. If you ask for suggestions, you'll get several different ones, ask them to vote and it will cause dissent. Tails you lose, heads you lose
13th Mar 2014
No simple task...
We are shortly to go through our staging date and we have been preparing for about 12 months. Getting your head around the legislation and requirements is difficult enough, but you then have to deal with pension scheme providers and financial adviers. Plus a Government that, until recently, couldn't decide on a fees cap and then decided to just put off making the decision for a while.
Uncertainty doesn't help anyone
I think smaller businsses will have no choice on pensions provider and will be forced to use NEST. Interestingly, the charges on the NEST scheme are 1.8% way above the Governments thinking of 0.75%. Some may recall the stakholder requirement was no more than 1%
The opt-out rates seem quite low at the moment, so businesses should prepare themselves for that burden of contributing to a pension scheme for their staff.
It is easy to get AE wrong and to suffer a penalty
23rd Aug 2013
My pet hate at the moment is when people say "I'll ping you an email". I think they mean "I'll send you an email" but I wonder sometimes if it is going to fly through the window and hit me in the back of the head. I'm tempted to say "I'll pong you a reply".
19th Aug 2013
I have come across this before, but not with a lawyer, but an accountant. He charged us for the time spent walking from his office to our premises...and back again. Thankfully it was not something I was directly involved with, but needless to say the relationship didn't last and they were not used again.
If you know about these things up front, then you can make a decision (we might have gone to the accountants offices and saved him travelling), but to do so after is sneaky and underhand.
I don't think I would be able to trust them in the future, so look for someone else.
15th Aug 2013
Upgrade to Sage 2014
I have read the article and posting on this subject with interest. It seems that the diverse nature of the comments made reflects the diverse users that Sage 50 has. I have used sage for 10+ years in industry and found that the functionality has not changed much in that time. It still keeps track of the numbers, but reporting and integration is not good. The report designer can be used, but in my view is overly complicated. Unless you use it a lot, you have to relearn it each time.
I haven't noticed a speed increase in the 2013 version, perhaps 2014 will prove swifter, but I doubt it. We use it across a network, which it is not overly keen on, so perhaps this is the problem.
Which leads me to SQL. Undoubtedly this would be a significant improvement for those of us that use it in a multi-user environment, less so for single users.
And there we are back at the beginning, with Sage 50 trying to be lots of things to different groups of people.
10th Jul 2013
Payment runs and terms
In a previous role, I was faced with a similar situation and sought to resolve it by agreeing up front what the terms would be. This did have some advantages, in that new customers who were not able to show a good credit history were put on pro forma terms or had a small credit limit applied (the credit limit applied to outstanding invoices and orders, of course). With bigger customers, they did dictate their terms and generally stuck to them, but we did ensure that they stuck to their terms and chased them hard if they went over. Their terms were always longer than our "standard" terms, but at least you knew where you stood and could plan cashflow accordingly. We always had the "battle of the terms", but with an up front discussion everyone knows where they stand and you, as a supplier, can decide to take it or leave it then rather than later when it all gets a bit sour.
I agree that 14 days is a bit quick and I would seek another supplier if that was insisted upon. Most companies that I deal with have a monthly payment run - I do at my present company.When setting out purchasing terms, I would always say our terms are 30 days end of month and you will be paid then. The surety of payment has more of an impact on suppliers once they see the evidence of that, than getting their money quickly.
2nd May 2013
Interesting post to read, which I shall certainly follow. Its true that small companies do not have the IT skills and/or knowledge to be able to produce the real-time, whizzy reports and Excel still is the pre-dominant tool in use. However, the demands for up to the minute, predictive, analytical data is increasingly present and adds to the pressures of running a lean finance team. At the moment, we are very much in the Excel camp and the more traditional type of reporting. But this is under review and we are looking at how we can provide information on a wider platform and how we can make it more predictive and forward looking. There is also so much more data available and concepts, such as Big Data, cannot be ignored, even for a small company.
Just a point, I looked at Chartbeat and their demo does not run in Internet Explorer. It failed at the first hurdle!
26th May 2005
I think that your thoughts on Access are pretty near the mark - you certainly need to have a clear idea of what data you are going to store and how it all fits together. Once you have done this, though, it is certainly beneficial. With Access, there is nothing to stop you querying the data into Excel and playing around with the results (if I may put it like that, but you know what I mean). I must admit that for ad-hoc things Excel is better, but for data storage ease, Access is the thing. Its horses for courses at the end of the day.