A big, warm welcome to my subscribers from JenniferThieme.com! My name is Jennifer and you originally subscribed to my newsletter at JenniferThieme.com. I have migrated all of the posts from that site to this one. That site is going away forever, and is being replaced with LedgerLight.com. My last name is no longer Thieme so … Continue reading Welcome, JenniferThieme.com subscribers!
Previously, I wrote about how Facebook is like a bad boyfriend because of privacy violations that can't be justified under any known ethical theory. Now, the bad boyfriend wants access to your banking information. What could possibly go wrong? The Los Angeles Times reports: Facebook Inc.’s push to gain access to users’ banking data and … Continue reading Facebook wants access to your banking information
I wrote a paper about Facebook this summer, for the Business Ethics course that I took. We had to choose a current ethical issue in the news, and apply the ethical theories we had learned to it. Now I just saw that Facebook's Chief Security Officer, Alex Stamos, is leaving this month, and nobody is going to replace him. That just doesn't look good. Even given what I said in the paper, I am still shaking my head in disbelief.
About ten years ago I had a client who used the following date format in the name of his electronic files such as PDFs: 2007-07-31. I quickly realized that this made the files much easier to organize. A couple months ago a friend explained where the date format came from. He said that it comes from the ISO.
Here is a table I made describing how to determine if somebody qualifies as a child or relative for exemption purposes on the 1040. I made this last fall for the tax course I took as part of my master’s degree. The TA liked it so much that he included it as part of the next lecture as review. That made me feel really good.
Bookkeeping is like working on a loom, weaving with yarn. Each strand of yarn is like the running balance in each account in the chart of accounts.
I made the following imputed interest income flow chart last fall, while taking the tax course that is required for my master’s degree. It wasn’t in the textbook.
Here is a table I made to help me remember the treatment for gains and losses under certain sections. The sections are 1231, 1245, 1250, and casualty is there too. These are all greater than one year, so there is nothing short term here.
In this post, I contrast the QuickBooks Home window with a table I made that shows how money flows into and out of a business.
It is possible to enter any date you want for any transaction in QuickBooks. Back-dating is an option, but care must be exercised.