Maksud Latif
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Maksud Latif's Discussions

Cash basis Tax Report

Started this discussion. Last reply by Philip Copeman Sep 18. 1 Reply

Hi,I want want to run Tax report on "cash basis" , but TC ignores the receipt/payment date and runs the report based on invoice date.  I don't want to edit invoice date to payment date because the…Continue

CASH PURCHASES BATCH

Started this discussion. Last reply by Maksud Latif Mar 5. 2 Replies

When entering data as tax inclusive in CASH PURCHASES BATCH (contra account: PETTY CASH), after posting it, the entry amount turns out wrong.For example, entering $110 tax inclusive and after…Continue

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Philip Copeman replied to Maksud Latif's discussion Cash basis Tax Report
"The only way to run payments based VAT is to run a full open item system. It depends on volume,but my advice is to run invoice based and then Eyeball the difference. Always  overpay the Receiver. You get it back the following month. For…"
Sep 18

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Blog Posts

The Case against Bitcoin

Posted by Philip Copeman on December 5, 2017 at 16:44 0 Comments

Will blockchain be enduring? – of course. Will Bitcoin be enduring? - not likely.





Unless you are familiar with the terminology of blockchain, having an argument about its future is like arguing with a physicist about the Big Bang. Right now the myopia caused by ignorance centres the crpyto discussion on Bitcoin, store of value and speculative demand. The real delivery of money, the medium of exchange and the unit of account that blockchain brings to anything from IOT…

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Crypto Currencies

Posted by Philip Copeman on October 25, 2017 at 11:53 3 Comments

Economist Dawie Roodt takes the typical neoliberal line on Crypto Currencies. This would be the expected response of an economist who's salary depends on pleasing his big business bosses.

Dawie, Crypto Currencies are not some parochial kids idea, they stand somewhere between a new internet protocol and a digital pitch fork revolution.…

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A glimpse of the future

Posted by Philip Copeman on September 7, 2017 at 15:30 0 Comments

Open source software and economic inequality

Posted by Philip Copeman on May 4, 2017 at 14:00 1 Comment

Open source software offers Governments the opportunities to build the knowledge economy and built it inclusively.

The World Economic Forum roadshow is back in town again. Economic experts on sponsored trips with generous expense accounts check into the beach front hotels amid fan fair and flashing cameras. They are offering us more advice than President Trump gets. Exotic terms like “inclusi…

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