June 2011
1 post
3 tags
Electronic Funds Transfer Payments in LedgerSMB
When you reconcile a bank account in LedgerSMB, it will consolidate payments made on the same payment date with the same reference.
If paying a vendor’s invoice with a check, then this isn’t a problem. We want all the invoices that were paid with a single check to be grouped together.
However, if we make multiple payments via electronic funds transfers (EFTs) then this could be...
February 2010
1 post
2 tags
Data Life in an ERP vs. Data Warehouse
According to Marshall B. Romney and Paul John Steinbart in their textbook Accounting Information Systems 11th edition:
ERP systems and integrated AIS are not sufficient, however, to support management’s strategic decision-making needs because they are designed primarily to support the organization’s transaction processing needs. Accordingly, they typically contain data for only the...
January 2010
6 posts
2 tags
Solo Scrum →
Peter Bell talks about how he implements his version of Scrum for a solo developer.
2 tags
StackOverflow Question: How does Scrum work when... →
Scrum isn’t for everyone. But it is for those who need to wrestle working...
– Ken Schwaber and Mike Beedle in Agile Software Development with Scrum
2 tags
Scrum: one team multiple projects? →
Ryan Rinaldi poses the question that has been on my mind lately—How do you implement Scrum where you have one, smallish, team working on multiple projects? For his team, they have decided to implement one product backlog for all of their projects.
Thoughts and questions that are still on my mind are:
Is it feasible to have one daily scrum meeting for all the projects?
If you are discussing...
File hard copy invoices under the identical vendor name as used in your...
– Matthew Rankin
3 tags
Useful Life, Class Life, and Recovery Period
According to IRS Publication 946: How to Depreciate Property, in order for property to be depreciable it must meet all of the following requirements:
“It must be property you own.”
“It must be used in your business or income-producing activity.”
“It must have a determinable useful life.”
“It must be expected to last more than one year.”
Of the...