December 2017 Blog Posts (2)

Blockchain Explained

Why blockchaine?

You just want to make invoices and collect you money. Why are we so excited about bloackchain here at the TurboCASH Project?

If you are confused by all the terms and don't know what the fuss is about.try this simple explanation in a browser.

https://anders.com/blockchain/…

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Added by Philip Copeman on December 30, 2017 at 8:41 — 2 Comments

The Case against Bitcoin

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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Added by Philip Copeman on December 5, 2017 at 16:44 — No Comments

Blog Posts

Multi Currency Accounting

Posted by Philip Copeman on September 12, 2018 at 14:26 0 Comments

Is there a simple way to implement Multi Currency accounting?

Getting the best solution depends on your business conditions. Solutions vary from running multiple sets of books for each currency to using a single set f book with one reporting currency and converting every transaction at entry.

If you are confused, here is a good starting point by Peter Selinger…

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Accounting Made Easy New Releases

Posted by Philip Copeman on May 28, 2018 at 16:30 0 Comments

New releases for Accounting Made Easy with TurboCASH 5

This 400 page comprehensive Tutorial for TurbCASH 5 c overs basic accounting, TurboCASH features as well as a step by step tutorial to help you implement your accounting.

English…

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VAT change from 14% to 15%

Posted by Philip Copeman on May 7, 2018 at 13:24 0 Comments

The Tax authorities may impose changes in the VAT (GST/Sales tax) rates. For example, in South Africa, the South African Revenue Services (SARS), changed the VAT rate from 14% to 15% on 1 April 2018.

PDF Explanation

TC-2018-VAT-CHANGE-OVER-Revision1.pdf…

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I have a farm in Africa

Posted by Philip Copeman on April 21, 2018 at 19:27 0 Comments

... and then they want to take the land back without compensation? The idea is preposterous.
Land only has value if you can keep another African off it. Land only has value if you have complete tenure, right down to the freedom to dispose of the asset.
Naive attempts to directly tax the ownership of Land…
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