Whit presenting the vision for Burro's future |
Burro team members |
Burro now provides vision! |
As it turns out, there is plenty to do, particularly as we
get our books ready to send to potential investors. The processes I put in place after the
monster audit / clean-up and QuickBooks implementation in 2010 provided a good
structure, but there have been a few instances where the accountant “went her
own way” and a bit of clean-up is required. Even that effort was put on hold, however, the first week I was
here when I learned the VAT (Value Added Tax) examiner had been here a month earlier
to audit our sales tax submissions for 2010 and 2011. Our current accountant had been putting him
off mostly because he wasn’t sure how to answer all the open questions. So, I spent about a week and a half pulling together
all sorts of reports and evidence that we had, in fact, paid the taxes we were
supposed to pay.
Crowding around a new product - Sorry, if I showed you I'd have to kill you. |
Another thing I’m working on is converting our inventory to
Standard Costing. There are now too many
items to manually manage Average Costing in Excel and the QuickBooks inventory
functionality is insufficient for our needs, so we’re just going to go to
Standard Costing and incorporate it into our operations management database,
called Fodder – named in Whit’s oddball-humoresque way of making a joke out of his
seat-of-the-pants Access Database tools.
At Cranium we had two such tools, the first was called Kludge (kl-oo-dj)
and it was replaced by Augur. If you look
any of those words up, I think you’ll see the tongue-in-cheek humor.
Award for the best new Reseller |
XO
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