A chart of accounts is simply a list of different areas within the general ledger section of an accounting software package against which financial transactions are stored. As an example if you looked at a Profit and Loss Statement each of the items listed is a separate account.ie - Sales, Cost of Sales, Advertising, Postage, Telephone Expenses etc. The whole lot together is called the Chart of AccountsBefore we start on the specific elements of...more
Condo or condominium is a housing option that looks like an apartment complex. Condo ownership lets the owner to own the condo only not the land. Condo owners have to pay monthly fee for maintaining common areas. Generally the association of property owners manages condominiums. Owners of condominium can do anything inside the their unit but not the outside. You've to clear all related points that what you can do or not inside the condominium at...more
There has always been a degree of "racy glamour" to the world of property investment. Too often the image has always been portrayed as an industry being handled and managed by "be-suited city types" wheeling and dealing any huge multimillion dollar fortunes/It doesn't really matter what your perception of property development he is, the fact is that if you can time it correctly, manage it properly it's a very useful tool in any investment portfolio.Investing in residential property has become well and truly established in recent years. Volatile share and bond markets have simply underlined the inherent strengths in bricks and mortar for long-term investments.Few can have failed to notice the growth in residential property investment over the past decade. There have been many contributing factors behind this, not least the advent of buy-to-let finance offered by banks, the increased volatility in equities markets that has seen supposed blue chip names fall from grace and of course the significant returns from residential property over the pasta for 30 years.The great majority of people are now looking to own an investment property as part of a balanced and well diversified...more
Restaurant point of sale systems have loads of features that POS salespeople love to talk about. Some are glamorous, others are flashy and some are unique to their product. When showing off these new and fancy features too often these salespeople forget about the basics and why cash registers were invented in the first place.Preventing theft. That...more
Buying and selling of different currencies of the world is known as forex trading. Forex or foreign exchange market is the largest trading market in the world. Forex trading market deals with more than US$2 trillion everyday. It has become favorite option for currency traders. Foreign exchange market is extremely different from stock exchange...more
Not many people spend too much time thinking about it, but every one of us, has a computer file somewhere that contains all the information that makes up our credit history. This information will include our current and previous addresses, our income level, our outstanding debt and how much extra credit we currently have available to us. It will also show things like our repayment habits, whether or not we pay bills on time and if we have had any county court judgments made against us for payment. ChecksIt will be made available to companies who wish to see it for a fee and it is surprising how many different types of companies now routinely make use of such reports. There was a time when only banks and other lenders used credit reports when deciding whether or not to give you a loan. However, these days, if you are for example thinking of renting a property, it is likely that the property agency will require a credit check in order to satisfy itself that you will pay your rent on time. Insurance companies also make heavy use of credit reports when assessing insurance premiums. Even large employers are now using credit reports to screen job applicants when they assess candidates....more
When the New Year is upon us most smart business people take inventory and make plans for the coming year. Most of these actions focus on external items, like deciding on how many widgets you are going to make and sell, or how many new clients you...more
In today's 24/7 business environment, burnout is a major problem among business executives. How much time and money is your company losing because of executive burnout? Do you know you can avoid burnout in your staff--and reap higher profits? Here...more
Homeowners often become very interested in the Federal Reserve Bank system. Every time the board of directors meets, mortgage interest rates are at risk.Federal Reserve BankThe Federal Reserve System acts as the central bank of the United States....more
When I became a coach six years ago, I had a dream that took me a while to admit toeven to myself. What I really wanted to do was to combine the two great passions of my lifecoaching and working with horsesbut I had no idea what that might look...more
If you are interested in buying a new home or refinancing the one you are currently living in, but think that you are out of luck because you have bad credit, think again.The mortgage industry is probably larger and more diverse than you realize. You...more
Lenders label individuals with no credit history as 'high risk'. Being considered 'high risk' can be the 'kiss of death' when it comes to getting approved for unsecured loans. Why? Because unsecured personal loans require no collateral. So, the...more