Update about new versions of Office

While we still don't know exactly when Microsoft will unleash Office 2013 and Office 365 upon the world, we do know how much they'll cost. While standalone versions, licensed for use on a single computer, will still be available, the new strategy ... http://feeds.engadget.com/~r/weblogsinc/engadget/~3/qDrx1iJB0T0/ Shared via my6sense

HMRC General Anti-Abuse Rule (GAAR)

Read an article in the AAT magazine about the proposed GAAR.  Seems to boil down to: current position of what is avoidance and what is evasion depends on an interpretation of the rules.  If a GAAR were brought in, what is evasion and what is avoidance would boil down to interpretation of 'what is a reasonable course of action'.  As the article points out, this could end up being even more complex.

I have been using Prophix for financial forecasting and I have to say I like it.  It's good for having one module that has the very confidential payroll information and another that takes that information and the other costs.

What is really good is that when you want to make changes, you can create extra lines that feed into each GL code, to create a clear audit trail.  Yes you can do this with a spreadsheet but there are greater risks that if it in turn feeds other sheets that the complexity causes reconciliation issues.  Downside at present is updating from one module to the other takes many steps and about 10 mins - a pain for last minute tweaking when you know what answer you need to get to and need to be absolutely sure each step takes you there.