12 1 move operating data to other reports

... Ontario M9W 1L1 CANADA ( 416 ) 675-3580 Phone: 1- 800-567-4797 Fax: 1- 800-565-6802 canada@jwiley.com John Wiley & Sons, Ltd Baffins Lane Chichester West Sussex, PO19 1UD ENGLAND Phone: (44) 12 4 3 779777 ... (44) 12 4 3 779777 Fax: (44) 12 4 3 770638 cs-books@wiley.co.uk Jacaranda Wiley Ltd PRT Division P.O Box 17 4 North Ryde, NSW 211 3 AUSTRALIA Phone: (02) 805 -11 00 Fax: (02) 805 -15 97 headoffice@jacwiley.com.au ... Cataloging-in-Publication Data: ISBN: 97804700 818 22 Printed in the United States of America 10 ch00_FM_4773.qxd 12 / 29/06 9:07 AM Page v To John DeRemigis, who convinced me that this was a good idea ch00_FM_4773.qxd 12 / 29/06...

Ngày tải lên: 20/06/2014, 18:20

... transactions are designed to move data In order to move both money and data in the same transaction, the X12 is essentially wrapped inside of an ACH transaction Cost: Installation time: 3– 41 Revise Payment ... invoicing with operating transactions 4 17 Use automated bank account deductions 4 18 Improve shipping charge revenue Cost Install Time ch04_4773.qxd 12 / 29/06 9 :11 AM Page 83 4 1 Avoid Missed ... ch03_4773.qxd 12 / 29/06 9:09 AM Page 51 3–25 Link Supplier Requests to the Accounts Payable Database 51 3–25 Link Supplier Requests to the Accounts Payable Database A significant task...

Ngày tải lên: 20/06/2014, 18:20

... low-volume customer accounts The main ch04_4773.qxd 12 / 29/06 9 :12 AM Page 91 4–9 Enhance the Invoice Layout 91 problem is that it takes some time and persuasion to get a customer to agree to use EDI ... practice is ch04_4773.qxd 12 / 29/06 9 :12 AM Page 10 1 Total Impact of Best Practices on the Billing Function 10 1 Exhibit 4.3 Impact of Best Practices on the Billing Function assumed to be used As a result, ... ch05_4773.qxd 12 / 29/06 11 2 8:59 AM Page 11 2 Budgeting Best Practices working capital forecasting cannot be overstated, especially for a cash-strapped company Cost: Installation time: 5 10 Link to Performance...

Ngày tải lên: 20/06/2014, 18:20

... addition, AvantGard-ASP has a data file download ch06_4773.qxd 12 / 29/06 9 :14 AM Page 14 1 6 11 Utilize an Investment Policy 14 1 that can be modified for automated porting to a company’s general ledger, ... useful to see how the most important ones fit together into a coherent set of cash management practices Accordingly, there is a flowchart in 12 9 ch06_4773.qxd 12 / 29/06 9 :14 AM Page 13 0 13 0 Cash ... is connected to a direct-access Internet connection, such as a DSL, cable, or T1 phone ch06_4773.qxd 12 / 29/06 9 :14 AM Page 13 1 6 1 Access Bank Account Information on the Internet 13 1 Exhibit 6.2...

Ngày tải lên: 20/06/2014, 18:20

... $ 3.98 8% 03/ 31/ 08 Bucket 3.92 3.92 3.90 3.88 3.75 3% 03/ 31/ 08 Trowel 1. 57 1. 65 1. 72 1. 67 1. 57 6% 03/ 31/ 08 Spade 8.07 9.48 10 .93 10 .93 8.07 35% 06/30/08 Shovel 8.08 9.49 10 .94 10 .94 8.08 35% ... ch08_4773.qxd 19 8 12 / 29/06 9 :18 AM Page 19 8 Commissions Best Practices Exhibit 8.2 Impact of Best Practices on the Commissions Function ch08_4773.qxd 12 / 29/06 Summary 9 :18 AM Page 19 9 19 9 staff to a remarkable ... 8.08 35% 06/30/08 Hose 15 . 01 14.98 14 .95 14 .90 14 .90 0% 06/30/08 Sprinkler 23 .19 28. 01 28.77 27.75 23.00 21% 06/30/08 Target Date dollar impact on total revenues, as opposed to those that may have...

Ngày tải lên: 20/06/2014, 18:20

... 12 7 Automate the cutoff Work Elimination 12 8 12 9 Avoid the bank reconciliation Defer routine work 12 10 Eliminate multiple approvals 12 11 Eliminate small accruals 12 12 Reduce investigation ... Management 12 13 Assign closing responsibilities 12 14 Compress billing activities 12 15 Conduct transaction training 12 16 Continually review wait times 12 17 Convert serial activities to parallel ... Best Practices 267 Exhibit 12 . 1 Summary of Financial Statements Best Practices Best Practice Cost Install Time Financial Reports 12 1 Move operating data to other reports 12 2 Post financial statements...

Ngày tải lên: 20/06/2014, 18:20

... rotating basis 15 17 Add specialists to audit teams 15 18 Assign an auditor to be a relationship manager with each business unit 15 19 Assign internal auditors to system development teams 15 –20 Create ... applicable to smaller companies Cost: Installation time: ch14_4773.qxd 12 / 29/06 9:28 AM Page 3 41 14–6 Use Forms/Rates Data Warehouse for Automated Tax Filings 3 41 14–6 Use Forms/Rates Data Warehouse ... accountant thereby avoids all data- entry work related to the subsidiaries and only has to analyze his or her own data inputs to see ch14_4773.qxd 12 / 29/06 9:28 AM Page 345 14 11 Prescreen Construction-in-Progress...

Ngày tải lên: 20/06/2014, 18:20

... deposit 17 16 Transfer payroll to debit cards 17 17 Use direct deposit Payroll Management 17 18 Automate vacation accruals 17 19 Consolidate payroll systems 17 –20 Eliminate personal leave days 17 – 21 ... knowledge of the accuracy of the onhand inventory balances and no longer need to make a trip to the warehouse to ch16_4773.qxd 12 / 29/06 412 9:33 AM Page 412 Inventory Best Practices verify this information ... 17 11 Use honor system to track vacation and sick time Payments to Employees 17 12 Issue electronic W-2 forms to employees 17 13 Outsource W-2 form creation and delivery 17 14 Post payroll remittances...

Ngày tải lên: 20/06/2014, 18:20

... low-volume customer accounts The main ch04_4773.qxd 12 / 29/06 9 :12 AM Page 91 4–9 Enhance the Invoice Layout 91 problem is that it takes some time and persuasion to get a customer to agree to use EDI ... practice is ch04_4773.qxd 12 / 29/06 9 :12 AM Page 10 1 Total Impact of Best Practices on the Billing Function 10 1 Exhibit 4.3 Impact of Best Practices on the Billing Function assumed to be used As a result, ... ch05_4773.qxd 12 / 29/06 11 2 8:59 AM Page 11 2 Budgeting Best Practices working capital forecasting cannot be overstated, especially for a cash-strapped company Cost: Installation time: 5 10 Link to Performance...

Ngày tải lên: 21/06/2014, 04:20

... addition, AvantGard-ASP has a data file download ch06_4773.qxd 12 / 29/06 9 :14 AM Page 14 1 6 11 Utilize an Investment Policy 14 1 that can be modified for automated porting to a company’s general ledger, ... useful to see how the most important ones fit together into a coherent set of cash management practices Accordingly, there is a flowchart in 12 9 ch06_4773.qxd 12 / 29/06 9 :14 AM Page 13 0 13 0 Cash ... is connected to a direct-access Internet connection, such as a DSL, cable, or T1 phone ch06_4773.qxd 12 / 29/06 9 :14 AM Page 13 1 6 1 Access Bank Account Information on the Internet 13 1 Exhibit 6.2...

Ngày tải lên: 21/06/2014, 04:20

... 7,250,000 1. 6% 11 6,000 Medium high 3,875,000 3.9% 15 1 ,12 5 750,000 7 .1% 53,250 $ 21, 375,000 1. 9% $396,375 High risk Totals Cost: Installation time: ch07_4773.qxd 12 / 29/06 15 8 9 :16 AM Page 15 8 Credit ... Notification 15 9 7 14 Maintain Customer Orders Database The previous section noted the need for compiling a listing of customer assets that can be used to apply leverage to customers to collect ... decline of a customer, it is better to arrange for automatic ch07_4773.qxd 12 / 29/06 16 0 9 :16 AM Page 16 0 Credit and Collections Best Practices notification of any significant changes to the credit...

Ngày tải lên: 21/06/2014, 04:20

... auction 11 11 Use Web broadcasting for public reporting Option Management 11 12 Automate option tracking 11 13 Use Internet-based options pricing services Pension Management 11 14 Automate 4 01( k) ... public Investor Relations 11 –6 Eliminate small investors 11 –7 Open conference calls to the public 11 –8 Issue investor relations podcasts 11 –9 Outsource the company stock purchase plan 11 10 Sell ... 10 11 Track documents with RFID Other Filing Issues 10 12 Adopt a document-destruction policy 10 13 Eliminate attaching back-up materials to checks for signing 10 14 Eliminate reports 10 15 Move...

Ngày tải lên: 21/06/2014, 04:20

... responsibility 12 / 29/06 9:26 AM Page 312 Exhibit 13 .5 Sample Measurements Report ch13_4773.qxd 312 ch13_4773.qxd 12 / 29/06 9:26 AM Page 313 13 13 Create a Contract Terms Database 313 Robert S Kaplan ... provider Reporting 13 10 Switch to on-line reporting 13 11 Track function measurements 13 12 Use Balanced Scorecard reporting Systems 13 13 Create a contract terms database 13 14 Install a knowledge ... and ending with a custom-made file structure with comprehensive user access The best approach ch13_4773.qxd 12 / 29/06 9:26 AM Page 311 13 12 Use Balanced Scorecard Reporting 311 will depend on a...

Ngày tải lên: 21/06/2014, 04:20

... receiving function 16 11 Use standard containers to move, store, and count inventory 16 12 Use different storage systems based on cubic transactional volume 16 13 Optimize inventory storage through ... physical count process 16 18 Cycle count based on usage frequency 16 19 Lock down the warehouse area 16 –20 Move inventory to floor stock 16 – 21 Segregate customer-owned inventory 16 –22 Streamline the ... location changes 16 14 Eliminate the warehouse Inventory Accuracy 16 15 Audit all inventory transactions 16 16 Compare recorded inventory activity to on-hand inventories 16 17 Eliminate the physical...

Ngày tải lên: 21/06/2014, 04:20

... deposit 17 16 Transfer payroll to debit cards 17 17 Use direct deposit Payroll Management 17 18 Automate vacation accruals 17 19 Consolidate payroll systems 17 –20 Eliminate personal leave days 17 – 21 ... knowledge of the accuracy of the onhand inventory balances and no longer need to make a trip to the warehouse to ch16_4773.qxd 12 / 29/06 412 9:33 AM Page 412 Inventory Best Practices verify this information ... 17 11 Use honor system to track vacation and sick time Payments to Employees 17 12 Issue electronic W-2 forms to employees 17 13 Outsource W-2 form creation and delivery 17 14 Post payroll remittances...

Ngày tải lên: 21/06/2014, 04:20

... issues, 10 3 10 5 Line item preloading, 11 9 On-line updating, 12 5 Procedure, 11 6 11 9 Revisions, 12 2 Risk analysis, 11 5 11 6 Simplification, 12 3 12 4 Software, 12 0 12 1 Summary-level, 11 0 11 1 Business ... Activity-based, 11 3 11 4 Assumption definition, 10 5 10 6 By employee groups, 10 9 Best practices, 10 3 12 8 , 456–457 Data storage, 12 4 Flex, 11 4 11 5 Impact of best practices on, 12 6 12 8 Implementation issues, 10 3 10 5 ... the Internet ch19_4773.qxd 12 / 29/06 9:38 AM Page 462 462 Appendix A Chapter 12 : Financial Statements Best Practices Financial Reports 12 1 Move operating data to other reports 12 2 Post financial...

Ngày tải lên: 21/06/2014, 04:20

... addition, AvantGard-ASP has a data file download ch06_4773.qxd 12 / 29/06 9 :14 AM Page 14 1 6 11 Utilize an Investment Policy 14 1 that can be modified for automated porting to a company’s general ledger, ... useful to see how the most important ones fit together into a coherent set of cash management practices Accordingly, there is a flowchart in 12 9 ch06_4773.qxd 12 / 29/06 9 :14 AM Page 13 0 13 0 Cash ... is connected to a direct-access Internet connection, such as a DSL, cable, or T1 phone ch06_4773.qxd 12 / 29/06 9 :14 AM Page 13 1 6 1 Access Bank Account Information on the Internet 13 1 Exhibit 6.2...

Ngày tải lên: 21/06/2014, 18:20

... $ 3.98 8% 03/ 31/ 08 Bucket 3.92 3.92 3.90 3.88 3.75 3% 03/ 31/ 08 Trowel 1. 57 1. 65 1. 72 1. 67 1. 57 6% 03/ 31/ 08 Spade 8.07 9.48 10 .93 10 .93 8.07 35% 06/30/08 Shovel 8.08 9.49 10 .94 10 .94 8.08 35% ... ch08_4773.qxd 19 8 12 / 29/06 9 :18 AM Page 19 8 Commissions Best Practices Exhibit 8.2 Impact of Best Practices on the Commissions Function ch08_4773.qxd 12 / 29/06 Summary 9 :18 AM Page 19 9 19 9 staff to a remarkable ... 8.08 35% 06/30/08 Hose 15 . 01 14.98 14 .95 14 .90 14 .90 0% 06/30/08 Sprinkler 23 .19 28. 01 28.77 27.75 23.00 21% 06/30/08 Target Date dollar impact on total revenues, as opposed to those that may have...

Ngày tải lên: 21/06/2014, 18:20

... auction 11 11 Use Web broadcasting for public reporting Option Management 11 12 Automate option tracking 11 13 Use Internet-based options pricing services Pension Management 11 14 Automate 4 01( k) ... public Investor Relations 11 –6 Eliminate small investors 11 –7 Open conference calls to the public 11 –8 Issue investor relations podcasts 11 –9 Outsource the company stock purchase plan 11 10 Sell ... 10 11 Track documents with RFID Other Filing Issues 10 12 Adopt a document-destruction policy 10 13 Eliminate attaching back-up materials to checks for signing 10 14 Eliminate reports 10 15 Move...

Ngày tải lên: 21/06/2014, 18:20

... 12 7 Automate the cutoff Work Elimination 12 8 12 9 Avoid the bank reconciliation Defer routine work 12 10 Eliminate multiple approvals 12 11 Eliminate small accruals 12 12 Reduce investigation ... Management 12 13 Assign closing responsibilities 12 14 Compress billing activities 12 15 Conduct transaction training 12 16 Continually review wait times 12 17 Convert serial activities to parallel ... Best Practices 267 Exhibit 12 . 1 Summary of Financial Statements Best Practices Best Practice Cost Install Time Financial Reports 12 1 Move operating data to other reports 12 2 Post financial statements...

Ngày tải lên: 21/06/2014, 18:20