The stock market is a market for trading shares held by public companies and related financial instruments (including stock options, trading and stock index forecasting.
There are several stock markets in advanced economies, with the largest market in the United States, China, Japan and Europe.
ndex stock
Main article: stock market index
Price movements in the market or part of the market captured in the so-called price index stock market index, which among others, Index Standard & Poor's, Index Left Financial. Index as above is usually measured by market capitalization.
Strategy
There are two types of trading that involves money or shares that are not owned short sale and purchase limits.
Short Sales
To more clearly see the short sales.
In short selling (short selling), a person selling shares they do not have their own, hoping the price will fall. They eventually had to buy back shares. Out of short positions by buying back shares is called "covering a short". Easy, someone borrowed other people's shares to be sold at market price. Then the person is hoping that the stock's price down so that could be bought back at lower prices to be returned to its owner (in stocks) and pocketing the profits (the difference between selling price and buying price).
Purchase limits
See also: pendongkrakan (finance)
In the purchase limit, a person borrows money to buy stocks and hope the stock price can rise. Many industrial countries have rules that require that lending based on collateral from other stocks, this borrowing must be within certain percentages of other stock prices. Other rules include the prohibition of "freeriding" (penungangan free); ie, put the message to buy shares without paying first, and then sell it and use the profits to pay the purchase price previously.
Kamis, 17 Desember 2009
Stock effects
Stock exchange or the stock market is a market related to the purchase and sale of securities or shares of the company and government bonds. The stock exchange, with money market is the main source of external financing for corporations and governments. Usually there is a central location, at least for the record, but the trade is now less and less linked to such a place, because the modern stock market today is the electronic network, which provides benefits in terms of speed and transaction costs. Trade in the stock can only be done by a member, the stockbroker. Supply and demand in stock markets supported the factors, just as in any free market, affecting the stock price (see the stock assessment).
A stock exchange is often the most important component of a stock market. There is no obligation to issue stock via the stock market itself and the shares have not traded at these exchanges: this sort of thing is called "off-exchange".
First offer of shares to investors called the prime market or the primary market and subsequent trading market called the second (secondary).
Conditions listing (listing share)
Companies must meet the requirements of a stock exchange so that their shares can be traded in dilist and there. For example, in order to be recorded in the NYSE (New York Stock Exchange), a company must have published at least 1 million shares at U.S. $ 100 million and must have earned more than U.S. $ 10 million in the last three years.
A stock exchange is often the most important component of a stock market. There is no obligation to issue stock via the stock market itself and the shares have not traded at these exchanges: this sort of thing is called "off-exchange".
First offer of shares to investors called the prime market or the primary market and subsequent trading market called the second (secondary).
Conditions listing (listing share)
Companies must meet the requirements of a stock exchange so that their shares can be traded in dilist and there. For example, in order to be recorded in the NYSE (New York Stock Exchange), a company must have published at least 1 million shares at U.S. $ 100 million and must have earned more than U.S. $ 10 million in the last three years.
Stocks
Stock is a unit of value, or accounting in a variety of financial instruments which refer to the ownership of a company.
he first company to issue shares is expected to Stora Kopparberg 13th century.
There are several types of shares, including ordinary shares (common stock), preferred stock (preferred stock), shares of property (treasury stock), and dual-class shares (dual class stock). Preferred stock generally has a higher priority than common shares in the distribution of dividends and assets, and sometimes have the right to select a higher like the ability to veto the merger or acquisition or the right to decline when the new shares issued (ie, preferred stock pemgang may purchase shares issued as much as he wants before the stock was offered to someone else). Ordinary shares sold on the stock exchange is the common stock and preferred stock is not traded on stock exchanges. Dual-class structure has several classes of shares (for example, Class A, Class B, Class C) each with advantages and disadvantages individually. Property stocks are shares that have been bought back from the community
Applications
Community members can purchase ordinary shares in the stock market via the broker. In Indonesia, the purchase of shares must be multiples of 500 pieces or referred to as 1 lot. Shares fractions (not round 500 sheets) can be traded in over the counter. One of the purposes the public to buy shares is to benefit by way of:
1. The increased value of capital (capital gains).
2. Getting dividends.
Some Indonesian companies to dual listing of shares on the Jakarta Stock Exchange and the New York Stock Exchange. Shares are traded on the NYSE is commonly known as American Depositary Receipt (ADR). Stock prices, may rise or fall, along with the circumstances that exist. At the time of monetary crisis in 1998, Composite Stock Price Index (JCI) which is a barometer of the stock in Indonesia slumped to reach values under 400. This causes the shares in the country to be under value. In the period 2002-2006, the value of JCI has been restored several times and even set a record.
In order to assess whether a stock is worth expensive or cheap, normally used as Earning ratio calculations-per-Share (EPS), Price-to-Earning Ratio (PER), Price-to-Book Value (PBV) and others. To invest in stocks, it is advisable to perform first valuation techniques and the money distributed to invest in some stocks, so that risk can be shared. In addition, many experts (Jeremy J. Siegel, James P. O'Shaughnessy) suggested that investing in the stock is in the long run. They suggested a range between 10-20 years to get significant results in berinvestadi in stock.
he first company to issue shares is expected to Stora Kopparberg 13th century.
There are several types of shares, including ordinary shares (common stock), preferred stock (preferred stock), shares of property (treasury stock), and dual-class shares (dual class stock). Preferred stock generally has a higher priority than common shares in the distribution of dividends and assets, and sometimes have the right to select a higher like the ability to veto the merger or acquisition or the right to decline when the new shares issued (ie, preferred stock pemgang may purchase shares issued as much as he wants before the stock was offered to someone else). Ordinary shares sold on the stock exchange is the common stock and preferred stock is not traded on stock exchanges. Dual-class structure has several classes of shares (for example, Class A, Class B, Class C) each with advantages and disadvantages individually. Property stocks are shares that have been bought back from the community
Applications
Community members can purchase ordinary shares in the stock market via the broker. In Indonesia, the purchase of shares must be multiples of 500 pieces or referred to as 1 lot. Shares fractions (not round 500 sheets) can be traded in over the counter. One of the purposes the public to buy shares is to benefit by way of:
1. The increased value of capital (capital gains).
2. Getting dividends.
Some Indonesian companies to dual listing of shares on the Jakarta Stock Exchange and the New York Stock Exchange. Shares are traded on the NYSE is commonly known as American Depositary Receipt (ADR). Stock prices, may rise or fall, along with the circumstances that exist. At the time of monetary crisis in 1998, Composite Stock Price Index (JCI) which is a barometer of the stock in Indonesia slumped to reach values under 400. This causes the shares in the country to be under value. In the period 2002-2006, the value of JCI has been restored several times and even set a record.
In order to assess whether a stock is worth expensive or cheap, normally used as Earning ratio calculations-per-Share (EPS), Price-to-Earning Ratio (PER), Price-to-Book Value (PBV) and others. To invest in stocks, it is advisable to perform first valuation techniques and the money distributed to invest in some stocks, so that risk can be shared. In addition, many experts (Jeremy J. Siegel, James P. O'Shaughnessy) suggested that investing in the stock is in the long run. They suggested a range between 10-20 years to get significant results in berinvestadi in stock.
Financial accounting
Financial accounting is part of the accounting related to the preparation of financial statements for external parties, such as shareholders, creditors, suppliers, and government. The main principles used in financial accounting is the accounting equation (Assets = Liabilities + Equity). Financial accounting records in relation to any transaction for a company or organization and preparation of periodic reports from these records the results. This report is prepared for the public interest and is usually used to assess the company owner or manager of achievement used as a manager of financial accountability to its shareholders. This is important from a financial accounting of Financial Accounting Standards (SAK) which are the rules that must be used in the measurement and presentation of financial statements for external purposes. Thus, the expected users and compilers of financial reports can be communicated through these financial statements, because they use the same reference of SAK. SAK was began to be applied in Indonesia in 1994, replacing the Accounting Principles prinsi Indonesia in 1984.
Shareholders (in English: shareholder or stockholder), is a person or legal entity which legally has one or more shares in the company. The shareholders are the owners of the company. Companies listed on stock exchanges trying to improve its stock price. The concept of shareholders is a theory that the company only has a responsibility to its shareholders and owners, and should work to their advantage
Shareholders are given special rights depending on the type of stocks, including the right to vote (usually one vote per share owned) in such a selection board of directors, the rights to the distribution of corporate earnings, the right to purchase new shares issued by companies, and the right the company's assets at the time of liquidation of the company. However, shareholders rights to company assets under the company's creditors rights. This means that shareholders typically receive nothing if a company is liquidated after bankruptcy (if the company has more to pay its creditors, the company is not going bankrupt), although a stock may have a price after the bankruptcy if there is a possibility that corporate debt will restructured.
Economics is one social science which studies human activities associated with the production, distribution, exchange, and consumption of goods and services. The term "economy" itself comes from the Greek word οἶκος (Oikos) which means "family, household" and νόμος (nomos), or "rules, regulations, laws," and generally translated as "household rules" or "management household. " While the definition of an economist or an economist is a person using economic concepts and data in the work.
Shareholders (in English: shareholder or stockholder), is a person or legal entity which legally has one or more shares in the company. The shareholders are the owners of the company. Companies listed on stock exchanges trying to improve its stock price. The concept of shareholders is a theory that the company only has a responsibility to its shareholders and owners, and should work to their advantage
Shareholders are given special rights depending on the type of stocks, including the right to vote (usually one vote per share owned) in such a selection board of directors, the rights to the distribution of corporate earnings, the right to purchase new shares issued by companies, and the right the company's assets at the time of liquidation of the company. However, shareholders rights to company assets under the company's creditors rights. This means that shareholders typically receive nothing if a company is liquidated after bankruptcy (if the company has more to pay its creditors, the company is not going bankrupt), although a stock may have a price after the bankruptcy if there is a possibility that corporate debt will restructured.
Economics is one social science which studies human activities associated with the production, distribution, exchange, and consumption of goods and services. The term "economy" itself comes from the Greek word οἶκος (Oikos) which means "family, household" and νόμος (nomos), or "rules, regulations, laws," and generally translated as "household rules" or "management household. " While the definition of an economist or an economist is a person using economic concepts and data in the work.
Accounting
Accounting is the measurement, description, or the provision of assurance about information that will help managers, investors, tax authorities and other decision makers to make resource allocation decisions within companies, organizations, and government agencies. Accounting is the art of measuring, communicating and interpreting financial activity. Broadly, accounting is also known as the "language of business". [1] Accounting aims to prepare an accurate financial reports to be used by managers, policy makers, and other interested parties, such as shareholders, creditors, or owners. Recording daily involved in this process is known as bookkeeping. Financial accounting is a branch of accounting in which financial information is recorded on a business, classified, summarized, interpreted, and communicated. Auditing, a related discipline but remain separate from the accounting, is a process whereby an independent examiner examining an organization's financial statements to give an opinion or opinions - a reasonable but not fully guaranteed - about the fairness and compliance with accounting principles generally acceptable.
Accounting practitioners known as accountants. Certified accountants have a certain degree different in each country. An example is a Chartered Accountant (FCA, CA or ACA), Chartered Certified Accountant (ACCA or FCCA), Management Accountant (ACMA, FCMA or AICWA), Certified Public Accountant (CPA) and Certified General Accountant (CGA). In Indonesia, a certified public accountant is a CPA Indonesia (formerly: BAP or Certified Public Accountant).
Modern Accounting
The heart of modern financial accounting is the bookkeeping system pairs. This system involves making at least two entries for each transaction: a debit in one account, and a related credit to another account. The total flow must always be equal to the amount of credit overall. This will facilitate the examination if something goes wrong. This method was first known use in the Middle Ages in Europe, although there is also the opinion that this method has been used since ancient Greece.
Critics say that the standard accounting practice not much changed from the first. Accounting reforms in various forms always occur in each generation to maintain the relevance of accounting in capital assets or production capacity. However, this does not change the basic principles of accounting, which is expected to not depend on such economic effects.
Accounting practitioners known as accountants. Certified accountants have a certain degree different in each country. An example is a Chartered Accountant (FCA, CA or ACA), Chartered Certified Accountant (ACCA or FCCA), Management Accountant (ACMA, FCMA or AICWA), Certified Public Accountant (CPA) and Certified General Accountant (CGA). In Indonesia, a certified public accountant is a CPA Indonesia (formerly: BAP or Certified Public Accountant).
Modern Accounting
The heart of modern financial accounting is the bookkeeping system pairs. This system involves making at least two entries for each transaction: a debit in one account, and a related credit to another account. The total flow must always be equal to the amount of credit overall. This will facilitate the examination if something goes wrong. This method was first known use in the Middle Ages in Europe, although there is also the opinion that this method has been used since ancient Greece.
Critics say that the standard accounting practice not much changed from the first. Accounting reforms in various forms always occur in each generation to maintain the relevance of accounting in capital assets or production capacity. However, this does not change the basic principles of accounting, which is expected to not depend on such economic effects.
Sabtu, 05 Desember 2009
7 Keys Prosperity.
Not infrequently arises a sense of awe, wonder also to those who can live in financial comfort. Whereas all the economic difficulties due to the global financial crisis, for example, they also feel and experience. What causes or distinguish those who live in financial comfort, with those who always feel restless every month, well because the salaries are much needed and limited ..
UP!
Sure, bad things happen in life. Then what would you do? Self-pity and blame the circumstances or the UP and focus on the things that can be changed and controlled? Because they are affluent dare accept the bad things that have happened, but soon Arise and take action!
SOCIAL CAPITAL
Is the best asset you have. Social relations into an asset when the relationship bore an action / actions that carry good. Those who know how to use the prosperous social capital for financial convenience and never stop developing and maintaining existing relationships with friends, coworkers, or neighbors.
PASSION
Those who live in prosperity love what they do. Of course, sometimes difficult to obtain sufficient income if only doing the things you like. So the key is to change the paradigm of thinking and try to love your job. What it means to have money, without a sense of happiness?
INTUITION
Present the pattern of thought that allows people to feel or predict what will happen in the future. Intuition must continue to be cultivated and trained to be more sharp and makes us human beings who are more alert and observant to face a variety of situations.
SAVING
Diperioritaskan savings habits and should be owned in common one of these people for life, yes .. saving must become a habit rather than an obligation.
INVESTMENT
As the global economic situation collapsed, the soaring prices and investment in the form of a car or home values drop, those who choose to make money off their "work" such as stock market. Of course, to benefit some risks must be taken. They buy stocks whose prices top was down and then when the economy improves they sell at high prices, or you can entrust to reliable investment manager. Of course, not only investment but also can disaham in such other deposits, insurance, mutual funds, property, business, gold, and so forth. What is important is your carefulness in seeing a situation where the conditions and opportunities that can be taken so that can double your money based on the analysis of a mature and sustainable.
UP!
Sure, bad things happen in life. Then what would you do? Self-pity and blame the circumstances or the UP and focus on the things that can be changed and controlled? Because they are affluent dare accept the bad things that have happened, but soon Arise and take action!
SOCIAL CAPITAL
Is the best asset you have. Social relations into an asset when the relationship bore an action / actions that carry good. Those who know how to use the prosperous social capital for financial convenience and never stop developing and maintaining existing relationships with friends, coworkers, or neighbors.
PASSION
Those who live in prosperity love what they do. Of course, sometimes difficult to obtain sufficient income if only doing the things you like. So the key is to change the paradigm of thinking and try to love your job. What it means to have money, without a sense of happiness?
INTUITION
Present the pattern of thought that allows people to feel or predict what will happen in the future. Intuition must continue to be cultivated and trained to be more sharp and makes us human beings who are more alert and observant to face a variety of situations.
SAVING
Diperioritaskan savings habits and should be owned in common one of these people for life, yes .. saving must become a habit rather than an obligation.
INVESTMENT
As the global economic situation collapsed, the soaring prices and investment in the form of a car or home values drop, those who choose to make money off their "work" such as stock market. Of course, to benefit some risks must be taken. They buy stocks whose prices top was down and then when the economy improves they sell at high prices, or you can entrust to reliable investment manager. Of course, not only investment but also can disaham in such other deposits, insurance, mutual funds, property, business, gold, and so forth. What is important is your carefulness in seeing a situation where the conditions and opportunities that can be taken so that can double your money based on the analysis of a mature and sustainable.
Jumat, 04 Desember 2009
Tip Opening Pharmacy Business
I am a pharmacist, plans to open a pharmacy business. Differentiation about what I have developed, given the competition in the pharmacy business very much.
Hopefully the efforts you take care of establishing a pharmacy running smoothly so far, both in terms of licensing and contract with the producer / distributor of the drug.
Differentiation is necessary to be able to compete in a market full of competition in the pharmacy business is. However, first I want to remind you not to forget things? standard? which also can affect the success of the business opportunities you.
First of all, location. Remember, although the distance between pharmacies are not regulated by the government, but you must consider the potential of the region, such as population and the population's purchasing power. There should also consider the existence of other health services in the area, such as doctors, health centers, hospitals, and of course, other pharmacies. And a strategic location for a pharmacy building will determine whether consumers would be interested in coming to a pharmacy you or even stop by the competitors because of its more accessible to vehicles or public transportation.
Second, do not forget to complete the building and pharmacy equipment. Do not let the consumer's first experience shopping in a pharmacy does not charge you, either at the time of waiting for a prescription is prepared or in the case of the poor quality of drugs that are redeemed for lack of a pharmacy standard equipment. Remember, a happy customer is a return customer.
Well, in terms of differentiation, try to arrange for such dispensaries small convenience store. Start thinking about what products can you sell in pharmacies and gentlemen, that a lot of products in demand. I'm sure you've seen a pharmacy chain store such as Century or Guardian. Well, you can mimic the layout of the pharmacy network. For example, if you around a bit difficult to find a seller of cosmetics, consider selling beauty products there. Small food and drink you could also consider, that in addition to increasing revenue, will also increase the comfort of buyers waiting for prescriptions drugs. Noteworthy is that goods impulsive nature (consumers interested in buying the saw) should be in the front rack, if necessary, right in front of the entrance.
After the goods are impulsive, you can put a shelf filled with traditional medicines such as herbal medicine. Faithful followers of traditional medicines in Indonesia are still many, and the margin could be more attractive than selling branded drug where the drug manufacturer snapper class has the power to impose small price to distributors. Rack containing vitamins (once again, a product that promises greater profits) can also be placed in the front row.
Then prepare a rack that contains free medicines / OTC. To distinguish with other pharmacies, complete the collection of free drugs was as much as possible, especially the superior product. If the pharmacy you more complete than the drugstore competitors, consumers will be more likely to choose a pharmacy Dad, even though for example, the selling price a little more expensive.
Hopefully the efforts you take care of establishing a pharmacy running smoothly so far, both in terms of licensing and contract with the producer / distributor of the drug.
Differentiation is necessary to be able to compete in a market full of competition in the pharmacy business is. However, first I want to remind you not to forget things? standard? which also can affect the success of the business opportunities you.
First of all, location. Remember, although the distance between pharmacies are not regulated by the government, but you must consider the potential of the region, such as population and the population's purchasing power. There should also consider the existence of other health services in the area, such as doctors, health centers, hospitals, and of course, other pharmacies. And a strategic location for a pharmacy building will determine whether consumers would be interested in coming to a pharmacy you or even stop by the competitors because of its more accessible to vehicles or public transportation.
Second, do not forget to complete the building and pharmacy equipment. Do not let the consumer's first experience shopping in a pharmacy does not charge you, either at the time of waiting for a prescription is prepared or in the case of the poor quality of drugs that are redeemed for lack of a pharmacy standard equipment. Remember, a happy customer is a return customer.
Well, in terms of differentiation, try to arrange for such dispensaries small convenience store. Start thinking about what products can you sell in pharmacies and gentlemen, that a lot of products in demand. I'm sure you've seen a pharmacy chain store such as Century or Guardian. Well, you can mimic the layout of the pharmacy network. For example, if you around a bit difficult to find a seller of cosmetics, consider selling beauty products there. Small food and drink you could also consider, that in addition to increasing revenue, will also increase the comfort of buyers waiting for prescriptions drugs. Noteworthy is that goods impulsive nature (consumers interested in buying the saw) should be in the front rack, if necessary, right in front of the entrance.
After the goods are impulsive, you can put a shelf filled with traditional medicines such as herbal medicine. Faithful followers of traditional medicines in Indonesia are still many, and the margin could be more attractive than selling branded drug where the drug manufacturer snapper class has the power to impose small price to distributors. Rack containing vitamins (once again, a product that promises greater profits) can also be placed in the front row.
Then prepare a rack that contains free medicines / OTC. To distinguish with other pharmacies, complete the collection of free drugs was as much as possible, especially the superior product. If the pharmacy you more complete than the drugstore competitors, consumers will be more likely to choose a pharmacy Dad, even though for example, the selling price a little more expensive.
How to Prepare Pension Fund
I am a 37-year-old father with one child aged 10 years, working non-permanent (freelance) in the field of construction services, with no fixed income as well. Wife a homemaker.
How appropriate steps to provide the funds our old days, also please input of a suitable sideline to increase income.
Current financial position I am investing in government retail bonds (ORI) of Rp190 million for the period of three years.
Related questions you, according to my calculations, at least you can still work up to 18 years before retiring. This is the period where you should try to optimally increase the amount of retirement savings later.
However, you will also experience a period where there will be spending large sums of money, such as children enter junior high school, high school and then college, not to mention the regular expenditures in the form of monthly fees and book money.
With all the limitations of information from you, I tried to make a retirement plan for you. Prior to this retirement age, I assume that you will be able to meet the needs of you without relying on revenue savings. I assume that after retirement you will pay for two people living alone, because your son should have been independent. I also assume that you and your wife will be live until the age of 75 years and did not want to leave a legacy for your son (wealth will be exhausted when you die).
I assume that you need for family life after retirement (age 55 years) of constant worth Rp 5 million per month (current value), increases with inflation, which I assume by 10 percent a year.
Based on the assumptions above, then you need the money around Rp4, 15 billion to be able to live a decent old at the time you for about 20 years.
This is the assumption that you can get a return on investment (deposit) amounting to 5 per cent a year net of the retirement fund you. This is only rough calculations, but should be fairly accurate.
Well, assuming you retire 18 years from now, and assuming an investment yield rate of 25 percent per annum in the long term (focused on investments Mutual Funds Stocks aggressive type), you should save around Rp1, 2 million a month until the time you retire to get the number of Rp4, 15 billion at the time of retirement (Rp3, 45 billion of this investment, plus Rp700 million developing the retail bond investments you currently at 9.5 percent interest rate).
Once again, count-hitunganan this depends on the set of assumptions. For example, if you live longer than 75 years, there is risk of property you would run out before you die, known as Longevity risk. Or, if the inflation rate above 10 percent while the yield remained accumulated wealth or down, then you have to spend more money during retirement is to be targeted.
For a side job ideas, I can not recommend a proper job because I did not not know exactly how much free time you have each week, interest, and the network you have. However, I am sure you will find these opportunities and adapt to the conditions you. To remember is, the amount of investment deposit Rp1, 2 million above the minimum target of as much as you may have to be added to margin of safety and should be reviewed at least every two years.
How appropriate steps to provide the funds our old days, also please input of a suitable sideline to increase income.
Current financial position I am investing in government retail bonds (ORI) of Rp190 million for the period of three years.
Related questions you, according to my calculations, at least you can still work up to 18 years before retiring. This is the period where you should try to optimally increase the amount of retirement savings later.
However, you will also experience a period where there will be spending large sums of money, such as children enter junior high school, high school and then college, not to mention the regular expenditures in the form of monthly fees and book money.
With all the limitations of information from you, I tried to make a retirement plan for you. Prior to this retirement age, I assume that you will be able to meet the needs of you without relying on revenue savings. I assume that after retirement you will pay for two people living alone, because your son should have been independent. I also assume that you and your wife will be live until the age of 75 years and did not want to leave a legacy for your son (wealth will be exhausted when you die).
I assume that you need for family life after retirement (age 55 years) of constant worth Rp 5 million per month (current value), increases with inflation, which I assume by 10 percent a year.
Based on the assumptions above, then you need the money around Rp4, 15 billion to be able to live a decent old at the time you for about 20 years.
This is the assumption that you can get a return on investment (deposit) amounting to 5 per cent a year net of the retirement fund you. This is only rough calculations, but should be fairly accurate.
Well, assuming you retire 18 years from now, and assuming an investment yield rate of 25 percent per annum in the long term (focused on investments Mutual Funds Stocks aggressive type), you should save around Rp1, 2 million a month until the time you retire to get the number of Rp4, 15 billion at the time of retirement (Rp3, 45 billion of this investment, plus Rp700 million developing the retail bond investments you currently at 9.5 percent interest rate).
Once again, count-hitunganan this depends on the set of assumptions. For example, if you live longer than 75 years, there is risk of property you would run out before you die, known as Longevity risk. Or, if the inflation rate above 10 percent while the yield remained accumulated wealth or down, then you have to spend more money during retirement is to be targeted.
For a side job ideas, I can not recommend a proper job because I did not not know exactly how much free time you have each week, interest, and the network you have. However, I am sure you will find these opportunities and adapt to the conditions you. To remember is, the amount of investment deposit Rp1, 2 million above the minimum target of as much as you may have to be added to margin of safety and should be reviewed at least every two years.
How to Manage Budget Wedding?
In the near future I will hold the wedding on December 13, 2009. The plan located in one of the famous building capital.
If seen, our class is a class B. That is, not high class, the class is also not simple. Our budget Rp70 million. We want a traditional Javanese wedding, this elegant impression. Until now we have not done anything but rent the building. Rental buildings around Rp8 million.
Given the very mepet time, what we should do. I wonder what should we do if want to be more efficient again? How much should we allocate for invitations, souvenirs, wedding, catering. Where invitations and cheap souvenirs.
Can be counted, counts. What should I do first? Which priorities should I dahulukan? I was really blank.
Could you please help me to detail, given the very mepet time? I do not want to wear wedding organizer (WO). Because although it seems cheaper and more practical, but actually it is more expensive because the cost for the WO.
Given that your time is very urgent, I can recommend only two steps for you to execute immediately:
First, you have to do now is find a place invitation cards and souvenirs. These two things take time / process longer. Because your time is very urgent, you can go to the market such Tebet Barat / Jatinegara to create invitation cards and souvenirs.
There is more competitive prices because many similar businesses there. We recommend that when you go there, had brought the draft laws that have been fixed to be printed, so no need to go back and forth over there just to edit again.
We recommend also make the design as simple as possible in order to quickly finish its construction. Give me a week to be completed by the printing, so you still have time to share with the invitation.
For a cheap souvenir alternatively you can go Jatinegara market or Pasar Pagi. There already is also a variety of souvenirs. Budget for at least one card Rp5.000, - and souvenir Rp2.000 minimal. Customize your stay with a number of invited guests.
Second, visited the salon provides traditional Javanese wedding packages. There you can also consult a lot with the salon. I suggest you take the package. Because usually have available a variety of alternative wedding dress, a traditional Javanese (dodot), clothes for the reception, among guests, flowers hand, flower decorations and others.
Even for the catering and even videos you can shoot a message at the same place. Salon which provides a complete wedding package is generally already have a vendor / partner. You live in consultation with the consultant a lot there.
For the budget I think you better consultation on this place, too, because the calculation must have a thorough and fix.
So our answer, and remember to avoid stress. Better, enjoy your wedding preparations. Perform each process with calm, and do not let others force you to do things that make or exceed the cost of the ability to swell and time.
If seen, our class is a class B. That is, not high class, the class is also not simple. Our budget Rp70 million. We want a traditional Javanese wedding, this elegant impression. Until now we have not done anything but rent the building. Rental buildings around Rp8 million.
Given the very mepet time, what we should do. I wonder what should we do if want to be more efficient again? How much should we allocate for invitations, souvenirs, wedding, catering. Where invitations and cheap souvenirs.
Can be counted, counts. What should I do first? Which priorities should I dahulukan? I was really blank.
Could you please help me to detail, given the very mepet time? I do not want to wear wedding organizer (WO). Because although it seems cheaper and more practical, but actually it is more expensive because the cost for the WO.
Given that your time is very urgent, I can recommend only two steps for you to execute immediately:
First, you have to do now is find a place invitation cards and souvenirs. These two things take time / process longer. Because your time is very urgent, you can go to the market such Tebet Barat / Jatinegara to create invitation cards and souvenirs.
There is more competitive prices because many similar businesses there. We recommend that when you go there, had brought the draft laws that have been fixed to be printed, so no need to go back and forth over there just to edit again.
We recommend also make the design as simple as possible in order to quickly finish its construction. Give me a week to be completed by the printing, so you still have time to share with the invitation.
For a cheap souvenir alternatively you can go Jatinegara market or Pasar Pagi. There already is also a variety of souvenirs. Budget for at least one card Rp5.000, - and souvenir Rp2.000 minimal. Customize your stay with a number of invited guests.
Second, visited the salon provides traditional Javanese wedding packages. There you can also consult a lot with the salon. I suggest you take the package. Because usually have available a variety of alternative wedding dress, a traditional Javanese (dodot), clothes for the reception, among guests, flowers hand, flower decorations and others.
Even for the catering and even videos you can shoot a message at the same place. Salon which provides a complete wedding package is generally already have a vendor / partner. You live in consultation with the consultant a lot there.
For the budget I think you better consultation on this place, too, because the calculation must have a thorough and fix.
So our answer, and remember to avoid stress. Better, enjoy your wedding preparations. Perform each process with calm, and do not let others force you to do things that make or exceed the cost of the ability to swell and time.
Yuk Frugality in Ramadan Month!
Necessities of life in the future we also need to consider. So, let us save the house from now on! If it had pioneered, make sure whether the savings were optimal. To crosscheck, below there are some indicators that can compare Klabers, whether the programs I've optimal frugality?
1. The biggest challenge is to minimize expense (simplify lifesytle) and customize it with your income. Want to know whether your lifestyle is in accordance with the income? Check expenditure of non-routine and your routine, if more than 55 percent of monthly income then you have undermined the lifestyle of your future. Despite the temptation to spend more, we dare you to stay disciplined in Ramadan this year.
2. Check postal loan repayment, if <= 30 percent? If more, it means your debt burden is too heavy and not risk paid off. Especially if most of the interest of consumer debt would strangle. Try to pay off as soon as possible!
3. Klabers for the children in school age children always try to bring lunch from home. In addition to more secure clean and healthy, you can also save the expenses for the snack. Give also an example. You can also combine patterns lunch with a lunch from home so that personal expenses can be reduced. Surely after Ramadan passed, yes!
4. When comparing and choosing schools for children, prioritizing the credibility of the teaching staff, facilities and practical learning activities, weight classes and teaching methods in addition to consideration of the base fee and a competitive monthly fee. Be a smart parent and do not choose schools based on the most heavily advertise! If we do research wisely could save some money.
5. Special Klabers whose children were toddlers and still learning to relieve themselves, consider combining the quality of disposable diapers 1 and quality 2 a day. Could use disposable diapers for 1 kw night sleep and disposable diapers for 2 kw nap shorter. Shopping diapers will feel more frugal.
6. Always carry a shopping list every time to shop and stick to it! It is important to avoid buying unnecessary items. When it comes to monthly or weekly shopping, try to remember previous experiences in which the store between one and two stores that sell goods and ABC XYZ cheaper. Make your own expense to have a calendar Trackers spending at home. Record such as when to replace gas / mineral water at home, when to go "big spending", when to pay your water bill / electricity, security money and others. Thus, you can evaluate the use at home, have still be saving or frugality?
7. Be a smart shopper. Shop at the required goods are on sale. Skip the store's sale without having to go and shop if you do not need anything. Shop according to the budget that have been made and good-pandailah selecting items with good quality economical price. Do not hesitate to use generic products for use every day such as cleaning floors.
8. Control the use of electricity, water, and gas at home. Start calculating how the needs of electric power, water and gas you need per day or per week. Note the use of electricity, water, and gas in your home whether as needed and not excessive. Understand calculation of electricity bills and water use PAM in detail (for more details visit the website to get tips KeluargaCerdas123.com electricity and save more!)
9. For entertainment weekly, consideration watching DVD movies with at home than going to the movies. Watching a movie can you press up once a month.
10. If the residence you have completed a number of public transport facilities, such as the KRL and the shuttle bus, try to combine your daily transportation modes. Nebeng together with neighbors in the region are still in line to and from the central office is also worth considering.
Remain enthusiastic and determined to build frugal lifestyle habits in the family. Hopefully useful and safe fast!
1. The biggest challenge is to minimize expense (simplify lifesytle) and customize it with your income. Want to know whether your lifestyle is in accordance with the income? Check expenditure of non-routine and your routine, if more than 55 percent of monthly income then you have undermined the lifestyle of your future. Despite the temptation to spend more, we dare you to stay disciplined in Ramadan this year.
2. Check postal loan repayment, if <= 30 percent? If more, it means your debt burden is too heavy and not risk paid off. Especially if most of the interest of consumer debt would strangle. Try to pay off as soon as possible!
3. Klabers for the children in school age children always try to bring lunch from home. In addition to more secure clean and healthy, you can also save the expenses for the snack. Give also an example. You can also combine patterns lunch with a lunch from home so that personal expenses can be reduced. Surely after Ramadan passed, yes!
4. When comparing and choosing schools for children, prioritizing the credibility of the teaching staff, facilities and practical learning activities, weight classes and teaching methods in addition to consideration of the base fee and a competitive monthly fee. Be a smart parent and do not choose schools based on the most heavily advertise! If we do research wisely could save some money.
5. Special Klabers whose children were toddlers and still learning to relieve themselves, consider combining the quality of disposable diapers 1 and quality 2 a day. Could use disposable diapers for 1 kw night sleep and disposable diapers for 2 kw nap shorter. Shopping diapers will feel more frugal.
6. Always carry a shopping list every time to shop and stick to it! It is important to avoid buying unnecessary items. When it comes to monthly or weekly shopping, try to remember previous experiences in which the store between one and two stores that sell goods and ABC XYZ cheaper. Make your own expense to have a calendar Trackers spending at home. Record such as when to replace gas / mineral water at home, when to go "big spending", when to pay your water bill / electricity, security money and others. Thus, you can evaluate the use at home, have still be saving or frugality?
7. Be a smart shopper. Shop at the required goods are on sale. Skip the store's sale without having to go and shop if you do not need anything. Shop according to the budget that have been made and good-pandailah selecting items with good quality economical price. Do not hesitate to use generic products for use every day such as cleaning floors.
8. Control the use of electricity, water, and gas at home. Start calculating how the needs of electric power, water and gas you need per day or per week. Note the use of electricity, water, and gas in your home whether as needed and not excessive. Understand calculation of electricity bills and water use PAM in detail (for more details visit the website to get tips KeluargaCerdas123.com electricity and save more!)
9. For entertainment weekly, consideration watching DVD movies with at home than going to the movies. Watching a movie can you press up once a month.
10. If the residence you have completed a number of public transport facilities, such as the KRL and the shuttle bus, try to combine your daily transportation modes. Nebeng together with neighbors in the region are still in line to and from the central office is also worth considering.
Remain enthusiastic and determined to build frugal lifestyle habits in the family. Hopefully useful and safe fast!
tips that may be useful for Klabers
1. Start as early as possible, the time factor is very important in investing. The younger the age you invest, the better the results will be obtained later.
2. Determine the specific investment objectives (education plans, retirement plans, buy a house / apartment, buying a vehicle, property renovations, tours,) before you start investing. Consult these plans with your financial adviser.
3. Determine the target time period and the funds needed to achieve that goal.
4. Allocate funds to invest consistently, ideally 10 percent to 30 percent of monthly income.
5. If you are a beginner, start investing in an indirect way before investing directly. The ideal way is to buy mutual fund products (ranging from Money Market Mutual Funds, Fixed Income, Mixed, up to a higher risk of Fund Shares), then moved to direct investment to marketable securities (bonds and stock Retail), to start a real business alone or joined with suitable business partners with you.
6. Carefully studied the various aspects and alternative investments, such as the level of risk and yield historically. Do not forget the expectations of experts on economic development and business dipadupadankan forward with your own expectations.
7. If you glance at the financial asset investment, investment firms who choose to have Board of Supervisors, if the Banking Institutions have permission from Bank Indonesia and the Non-Bank has a license from Bapepam-LK.
8. "Do not put all your eggs in one basket". Make your own investment portfolio in accordance with your risk profile.
9. Do not forget, potential benefits must be in line with potential risk. So be careful if there are investments that offer higher benefits without risk.
10. Perform periodic monitoring every year to monitor the performance of your investment. Do not forget to always consult the annual investment strategy with your financial planner.
So Klabers, start to figure Klabers future needs, and make financial plans to meet these financial goals. Warren Buffet once said that when he started investing at age 11 years and he regretted not starting earlier. So do not delay, start investing right now!
2. Determine the specific investment objectives (education plans, retirement plans, buy a house / apartment, buying a vehicle, property renovations, tours,) before you start investing. Consult these plans with your financial adviser.
3. Determine the target time period and the funds needed to achieve that goal.
4. Allocate funds to invest consistently, ideally 10 percent to 30 percent of monthly income.
5. If you are a beginner, start investing in an indirect way before investing directly. The ideal way is to buy mutual fund products (ranging from Money Market Mutual Funds, Fixed Income, Mixed, up to a higher risk of Fund Shares), then moved to direct investment to marketable securities (bonds and stock Retail), to start a real business alone or joined with suitable business partners with you.
6. Carefully studied the various aspects and alternative investments, such as the level of risk and yield historically. Do not forget the expectations of experts on economic development and business dipadupadankan forward with your own expectations.
7. If you glance at the financial asset investment, investment firms who choose to have Board of Supervisors, if the Banking Institutions have permission from Bank Indonesia and the Non-Bank has a license from Bapepam-LK.
8. "Do not put all your eggs in one basket". Make your own investment portfolio in accordance with your risk profile.
9. Do not forget, potential benefits must be in line with potential risk. So be careful if there are investments that offer higher benefits without risk.
10. Perform periodic monitoring every year to monitor the performance of your investment. Do not forget to always consult the annual investment strategy with your financial planner.
So Klabers, start to figure Klabers future needs, and make financial plans to meet these financial goals. Warren Buffet once said that when he started investing at age 11 years and he regretted not starting earlier. So do not delay, start investing right now!
Time for Investing Now!
Klabers that depositors and savers, already dizzy with lower interest rates now?
Indeed, low interest rates today should make us re-count with all our financial plans, especially if we make a placement container deposits as our main money because that seems to yield no longer means much less when compared to inflation.
At times like this Klabers required to be more creative in investing. If we are too dependent on the deposit, there is a risk that we will not be able to achieve our financial objectives future, especially if interest rates are? Prone? like now.
Let's see the following illustration. Suppose Klabers want to send their children Klabers the current 5-year-old out of the country at the time of the baby's 18-year-old, and the money they need now is equivalent to Rp500 million. With the assumption of inflation in the cost of overseas education, the money needed Klabers next 13 years is equivalent to the possibility of increased Rp943 million.
Well, money should we set aside to meet these needs depends on the yield (return) of our investments. Suppose we put it in a savings account that only two percent of the net interest a year, then the revenue should we set aside approximately Rp5.260.000 per month.
When we enter into a deposit of six per cent net interest a year, then the funds we need down to about Rp3.970.000 per month. Well, if Klabers put it in mutual funds that generate 10 percent of the net a year, then that should be set aside monthly will go down again to about Rp2.930.000 and so on. Not visible, the importance of investing our money in the right instrument?
Klabers should note that after the return must be balanced with the level of risk that can and dare to take Klabers. One of the main principle in finance is the higher the return offered, the greater the risk. So, not to in order to meet future needs, Klabers be careless and take the risk exceeds the level of risk that can Klabers received.
Indeed, low interest rates today should make us re-count with all our financial plans, especially if we make a placement container deposits as our main money because that seems to yield no longer means much less when compared to inflation.
At times like this Klabers required to be more creative in investing. If we are too dependent on the deposit, there is a risk that we will not be able to achieve our financial objectives future, especially if interest rates are? Prone? like now.
Let's see the following illustration. Suppose Klabers want to send their children Klabers the current 5-year-old out of the country at the time of the baby's 18-year-old, and the money they need now is equivalent to Rp500 million. With the assumption of inflation in the cost of overseas education, the money needed Klabers next 13 years is equivalent to the possibility of increased Rp943 million.
Well, money should we set aside to meet these needs depends on the yield (return) of our investments. Suppose we put it in a savings account that only two percent of the net interest a year, then the revenue should we set aside approximately Rp5.260.000 per month.
When we enter into a deposit of six per cent net interest a year, then the funds we need down to about Rp3.970.000 per month. Well, if Klabers put it in mutual funds that generate 10 percent of the net a year, then that should be set aside monthly will go down again to about Rp2.930.000 and so on. Not visible, the importance of investing our money in the right instrument?
Klabers should note that after the return must be balanced with the level of risk that can and dare to take Klabers. One of the main principle in finance is the higher the return offered, the greater the risk. So, not to in order to meet future needs, Klabers be careless and take the risk exceeds the level of risk that can Klabers received.
What Is Emergency Fund?
The earthquake that occurred in Sumatera Barat (West Sumatra) has caused many deaths and injuries, and among them there are our brothers. The condition of this natural disaster is not predictable and certainly not by anyone we want, but the fact other than non-material losses that are priceless, the material losses were said to reach trillions of rupiah. For victims, victims' families, and sympathizers outside West Sumatra, this is the time emergency funds can play a role.
Emergency fund is a fund allocation should be one of the basic financial goals of each person. Useful especially to cover urgent needs, but not yet budgeted aka incidental, especially if the wage earner got laid off, or liquidation of a company or business losses.
But the development of emergency funds are also useful for many things such incidental and emergency if they are not achieving the target of education funds when needed, the excess cost of vehicle services, needs renovation leaky roof, until the unfortunate financial support for death or medical support, clothing -food-board because of natural disasters that happened recently.
Emergency funds are generally calculated based on a certain scale. According Klab KeluargaCerdas123, emergency funding is determined based on the consideration of marital status, routine monthly expenses, and income patterns. Required for single people to routine monthly expenses 4x, 6x married without children, married with one child 9x, married with two children or more 12x, 12x retirees, and 12x freelancers.
Is there a savings fund allocation that has not got a specific financial goals? Now this could be converted to an emergency fund first. Klabers can open accounts in the form of emergency fund investment products and illiquid nature more secure. Examples of these products are savings accounts, deposits and money market funds. If the initial emergency fund is still below the ideal targets, have to calculate the deposit Klabers investment per month in accordance with its funding has been calculated. It should be remembered that investment principles also apply here, the greater the amount of deposit per month and more often we put up the faster our emergency fund will be achieved. But the characteristics of the emergency fund should be liquid resulting returns are not too large, so increasing the return is not the main option in this case.
The challenge for you and me? Consumer habits in the first sequence table challenge everyone. People used to dig and cover the hole with a credit card. This is equivalent to storing real time bomb. Then the next challenge is the habit of delaying the work. We're talking here about self-discipline. Discipline aside emergency money if funds are still below target, so the need to periodically invest to reach the ideal target of an emergency fund.
Emergency fund is a fund allocation should be one of the basic financial goals of each person. Useful especially to cover urgent needs, but not yet budgeted aka incidental, especially if the wage earner got laid off, or liquidation of a company or business losses.
But the development of emergency funds are also useful for many things such incidental and emergency if they are not achieving the target of education funds when needed, the excess cost of vehicle services, needs renovation leaky roof, until the unfortunate financial support for death or medical support, clothing -food-board because of natural disasters that happened recently.
Emergency funds are generally calculated based on a certain scale. According Klab KeluargaCerdas123, emergency funding is determined based on the consideration of marital status, routine monthly expenses, and income patterns. Required for single people to routine monthly expenses 4x, 6x married without children, married with one child 9x, married with two children or more 12x, 12x retirees, and 12x freelancers.
Is there a savings fund allocation that has not got a specific financial goals? Now this could be converted to an emergency fund first. Klabers can open accounts in the form of emergency fund investment products and illiquid nature more secure. Examples of these products are savings accounts, deposits and money market funds. If the initial emergency fund is still below the ideal targets, have to calculate the deposit Klabers investment per month in accordance with its funding has been calculated. It should be remembered that investment principles also apply here, the greater the amount of deposit per month and more often we put up the faster our emergency fund will be achieved. But the characteristics of the emergency fund should be liquid resulting returns are not too large, so increasing the return is not the main option in this case.
The challenge for you and me? Consumer habits in the first sequence table challenge everyone. People used to dig and cover the hole with a credit card. This is equivalent to storing real time bomb. Then the next challenge is the habit of delaying the work. We're talking here about self-discipline. Discipline aside emergency money if funds are still below target, so the need to periodically invest to reach the ideal target of an emergency fund.
Kick Freedom winding Credit Card
Does not feel, we've entered the end of October. Lebaran holiday for a month and has now passed to meet the Christmas holidays and year-end holidays (two months away, be patient my friends). But the joy we remember the good times last holiday or vacation to imagine the future, lest we forget the obligations we all, including paying credit card bills from our shopping yesterday.
Most of us probably credit card users. Indeed, in addition to facilitate shopping, using credit cards can also help us effectively borrowing money for a month without interest, if we are disciplined in paying bills. Conversely, if we do not discipline, interest charges from credit card or from a late payment penalty can be 'choked' your finances.
To prevent that happening, it is able to discern some Klabers following important points:
1. Discipline in the use of: credit cards is not extra money. All expenditures must we pay the next month if we want to remain free from the burden of interest. Therefore, use credit cards for purchases that have been budgeted, which we have the ability to immediately pay it off.
2. Do not be tempted campaign: One appeal of using a credit card is offered seabreg promotion. However, do not let this campaign encourages you to shop outside of the needs, regardless of discounts offered. Take advantage of promotions to shoppers according to your needs and budget.
3. Pay off the entire bill: credit card interest is one of the highest rates in your credit history. Imagine, with 3% interest per month, interest rate per year was 36%, not taking into account interest expense of flowering again. If we do not get used to pay off the entire bill, we can get stuck in? ~ Entanglement 'flowers that are difficult to be released.
4. Note the related burden of credit card: Remember, the use of credit cards also have loads before you may not realize, for example, the cost of stamp duty and transfer fees via ATM. As far as possible minimize these costs by using only one credit card and from the bank where you have savings / ATM to eliminate transfer fees. Also, always remember the due date for late fee charges are also pretty good (about Rp75 thousand gold type card). When you include people who are lazy street to an ATM, you can arrange to pay by auto debit or via the internet. Also, use reward points to pay the annual fee credit card.
5. When already in debt, reduce interest charges as soon as possible: If you already owe more than the ability to pay in the next month, berkreasilah. You can try to reduce the interest burden arising out quickly. Many credit card providers that offer balance transfers with 0% interest for the first few months.
Most of us probably credit card users. Indeed, in addition to facilitate shopping, using credit cards can also help us effectively borrowing money for a month without interest, if we are disciplined in paying bills. Conversely, if we do not discipline, interest charges from credit card or from a late payment penalty can be 'choked' your finances.
To prevent that happening, it is able to discern some Klabers following important points:
1. Discipline in the use of: credit cards is not extra money. All expenditures must we pay the next month if we want to remain free from the burden of interest. Therefore, use credit cards for purchases that have been budgeted, which we have the ability to immediately pay it off.
2. Do not be tempted campaign: One appeal of using a credit card is offered seabreg promotion. However, do not let this campaign encourages you to shop outside of the needs, regardless of discounts offered. Take advantage of promotions to shoppers according to your needs and budget.
3. Pay off the entire bill: credit card interest is one of the highest rates in your credit history. Imagine, with 3% interest per month, interest rate per year was 36%, not taking into account interest expense of flowering again. If we do not get used to pay off the entire bill, we can get stuck in? ~ Entanglement 'flowers that are difficult to be released.
4. Note the related burden of credit card: Remember, the use of credit cards also have loads before you may not realize, for example, the cost of stamp duty and transfer fees via ATM. As far as possible minimize these costs by using only one credit card and from the bank where you have savings / ATM to eliminate transfer fees. Also, always remember the due date for late fee charges are also pretty good (about Rp75 thousand gold type card). When you include people who are lazy street to an ATM, you can arrange to pay by auto debit or via the internet. Also, use reward points to pay the annual fee credit card.
5. When already in debt, reduce interest charges as soon as possible: If you already owe more than the ability to pay in the next month, berkreasilah. You can try to reduce the interest burden arising out quickly. Many credit card providers that offer balance transfers with 0% interest for the first few months.
Prepare the Old Age Welfare 2
Following the retirement programs offered by financial institutions, such as the Pension Fund (Financial Institutions Pension Fund) and the like. The process of registration as a participant Pension Fund is roughly equal to the process when opening an account at a bank. But here you still need to be selective in choosing a company retirement plan providers. Look for companies that have long been involved in the retirement program, timid things are not transparent or mismanagement resulting in unpaid retirement funds when you arrive. Following this program you are 'forced' to save.
3. Opening sideline
The point is that the results of this sideline can be used as additional funds to finance the retirement life. Opening the sideline can be very profitable, but remember, your success can be obtained only by good management and a full concentration and determination.
It also needs to consider that the sideline was also not free from risks, especially business and financial risks. Not closed the possibility of losing money is also a sideline. So prepare everything thoroughly, while still young.
3. Opening sideline
The point is that the results of this sideline can be used as additional funds to finance the retirement life. Opening the sideline can be very profitable, but remember, your success can be obtained only by good management and a full concentration and determination.
It also needs to consider that the sideline was also not free from risks, especially business and financial risks. Not closed the possibility of losing money is also a sideline. So prepare everything thoroughly, while still young.
Prepare the Old Age Welfare
Each person would want to live in a comfortable level and quiet in retirement. In reality, public awareness to prepare for their retirement is still low.
Approximately 9 out of 10 people was not ready for retirement, so says a survey conducted by HSBC in 15 countries involving 15 thousand respondents.
The survey results show that low public awareness and lack of preparation was made for retirement. For that we need to prepare for retirement funds since a young age. Why do we have to prepare it?
Because not all companies provide retirement benefits for its employees. Many private firms do not provide retirement benefits for employees, while you are working in government enterprises, the value of pension funds do exist, but that would be obtained is also very little that we as individuals still have to prepare as well as people often regret in his old age , because the young and productive period not think to prepare for retirement funds.
Some people have a dream of the future retirement still go to work, but to be employed again by a company is not easy, especially if someone is not adequate expertise, not to mention the high level of competition the world of work.
There are also some people want to kill time by trying to self-retirement, but if someone started a business in old age, would be very risky to do business than in her younger years.
1. Regular savings
You can set aside some money from the salary or regular income to put into savings. How much should save regularly for a certain period should be calculated first. Start with a minimum of 10 percent to a maximum of 30 percent of regular earnings. Or you can consult on financial planning on this. Later, these savings will continue to grow until it reaches a large enough amount. The advantage of this saving is that you do not need to sacrifice time and thoughts, so they can stay focused on your main job.
Once able to discipline on a regular basis to allocate funds for the savings, it's time you invest. It is important we understand some types of investment instruments available. Several alternative investment instruments that are legally regulated by the government already you can use today, such as deposits (banking instruments), retail bonds, stocks, so mutual funds.
Deposits are investment instruments with interest rates or the lowest rate of return. The required initial investment of about Rp1 million rupiah. Deposit period is generally one month, three months, six months and 12 months.
Ownership of shares is a letter to a company that went public. Shares can be obtained at the time of IPO (Initial Public Offering) or in the secondary market. Initial investment must be spent relatively diverse, differ in nearly every securities firm starting from Rp5-10 million for retail investors. Investors have the opportunity to obtain long-term benefits of corporate profits in the form of dividends and capital gains from rising stock prices in the future.
Mutual fund is a container that is used by investment managers to collect public funds of investors to invest in various financial instruments in an investment portfolio. Mutual funds are investment instruments that have limited risk with the relative rate of return is greater. Initial investments of mutual funds in which cheap enough to only Rp 100 thousand to 200 thousand you can buy a mutual fund by buying units of mutual fund products.
Approximately 9 out of 10 people was not ready for retirement, so says a survey conducted by HSBC in 15 countries involving 15 thousand respondents.
The survey results show that low public awareness and lack of preparation was made for retirement. For that we need to prepare for retirement funds since a young age. Why do we have to prepare it?
Because not all companies provide retirement benefits for its employees. Many private firms do not provide retirement benefits for employees, while you are working in government enterprises, the value of pension funds do exist, but that would be obtained is also very little that we as individuals still have to prepare as well as people often regret in his old age , because the young and productive period not think to prepare for retirement funds.
Some people have a dream of the future retirement still go to work, but to be employed again by a company is not easy, especially if someone is not adequate expertise, not to mention the high level of competition the world of work.
There are also some people want to kill time by trying to self-retirement, but if someone started a business in old age, would be very risky to do business than in her younger years.
1. Regular savings
You can set aside some money from the salary or regular income to put into savings. How much should save regularly for a certain period should be calculated first. Start with a minimum of 10 percent to a maximum of 30 percent of regular earnings. Or you can consult on financial planning on this. Later, these savings will continue to grow until it reaches a large enough amount. The advantage of this saving is that you do not need to sacrifice time and thoughts, so they can stay focused on your main job.
Once able to discipline on a regular basis to allocate funds for the savings, it's time you invest. It is important we understand some types of investment instruments available. Several alternative investment instruments that are legally regulated by the government already you can use today, such as deposits (banking instruments), retail bonds, stocks, so mutual funds.
Deposits are investment instruments with interest rates or the lowest rate of return. The required initial investment of about Rp1 million rupiah. Deposit period is generally one month, three months, six months and 12 months.
Ownership of shares is a letter to a company that went public. Shares can be obtained at the time of IPO (Initial Public Offering) or in the secondary market. Initial investment must be spent relatively diverse, differ in nearly every securities firm starting from Rp5-10 million for retail investors. Investors have the opportunity to obtain long-term benefits of corporate profits in the form of dividends and capital gains from rising stock prices in the future.
Mutual fund is a container that is used by investment managers to collect public funds of investors to invest in various financial instruments in an investment portfolio. Mutual funds are investment instruments that have limited risk with the relative rate of return is greater. Initial investments of mutual funds in which cheap enough to only Rp 100 thousand to 200 thousand you can buy a mutual fund by buying units of mutual fund products.
Let's Protect Your Family with Insurance Excuses
Narrated a family with two children. One time his mother who was also a sick worker. This pain makes health costs surged above the liability limits in place the company in question and her husband worked.
The frantic husband surefire mind forgot to lock the car when the shopping needs of the house on the market. So? ~ Hover? is not insured car was stolen a thief.
Like unbearable, going short-circuit current when the house was empty, like helping fuel the red rooster eating houses still repaid it. Amid the relentless pressure of his father walking unsteadily and did not see the emergence of a speeding motorcycle at high speed hit him ... fell sprawling ...
The story ends with a condition of permanent disability father, mother is dying because of acute illness. So the question is, how the fate of his father and his children then?
Dramatic? Probably yes, but if one could be observed among a series of disasters that happen to us? The answer is sorry, maybe once. Apart from the human submission to the Creator, men endowed with wisdom in dealing with his life. Besides the breadwinner while knitting financial stability and achieving financial goals should protect their family who loved by purchasing an insurance policy.
Yes, the insurance comes as a way out so he could sleep soundly. Insurance is a financial product that provides protection to one party by releasing / sharing the risks to others more expert in managing the risk / are willing to bear the burden together.
The question that arises is what kind of insurance that can be used, how the characteristics and benefits of what we receive?
1. Health insurance is a product that provides health insurance or maintenance costs for the participants of the insurance if they fall ill or have an accident. There are types of treatment offered by health insurance companies, ie, inpatient or outpatient.
2. Life Insurance is divided into three types, including term insurance, life insurance, and dual-purpose insurance. Term insurance is life insurance product which provides protection for policyholders risk of dying within a certain period, while life insurance will provide protection when the insured dies at any time. Dual-purpose of insurance is a combination of term insurance and life that will pay the sum assured at the end of the contract.
3. Permanent Disability Insurance & Critical Illness insurance is a type that provides protection to the insured the cost of living in case of health problems caused by accidents or permanent disability.
4. Other insurance such as insurance assets that provide protection for the risk of property assets, such as fire, theft, floods. Included here is the Motor Vehicle Insurance or Insurance Property Assets in the event of fires and floods; credit insurance that pays part or all of the assumed liabilities insured in case of layoffs, accidents, or death. Lenders mortgage insurance, for example, belonged to this category; liability insurance coverage that provides broad protection for the insured against claims by other parties who have losses from accidents that occurred due to the operation of the assets of the insured; special accident insurance that provides protection for the accident because of the risk of crime or politics, but is not related only to specific property assets.
5. Which is popular today is the Insurance Plus or known as Link Units. This is a life protection products and / or accidents that added investment component that becomes a more attractive product consumers. There are some people assess damages if just pay the money without additional cash benefits. Therefore dikemaslah protection products with capital market instruments and money market real risk in it. The difference is the deposit premium paid divided by two: the portion of premium protection and investment portion and then channeled to the investment manager.
In the midst of a growing risk of higher life choices to provide the best for the people we love belongs to each of us. Are we going to give? If yes, when are we going to start?
The frantic husband surefire mind forgot to lock the car when the shopping needs of the house on the market. So? ~ Hover? is not insured car was stolen a thief.
Like unbearable, going short-circuit current when the house was empty, like helping fuel the red rooster eating houses still repaid it. Amid the relentless pressure of his father walking unsteadily and did not see the emergence of a speeding motorcycle at high speed hit him ... fell sprawling ...
The story ends with a condition of permanent disability father, mother is dying because of acute illness. So the question is, how the fate of his father and his children then?
Dramatic? Probably yes, but if one could be observed among a series of disasters that happen to us? The answer is sorry, maybe once. Apart from the human submission to the Creator, men endowed with wisdom in dealing with his life. Besides the breadwinner while knitting financial stability and achieving financial goals should protect their family who loved by purchasing an insurance policy.
Yes, the insurance comes as a way out so he could sleep soundly. Insurance is a financial product that provides protection to one party by releasing / sharing the risks to others more expert in managing the risk / are willing to bear the burden together.
The question that arises is what kind of insurance that can be used, how the characteristics and benefits of what we receive?
1. Health insurance is a product that provides health insurance or maintenance costs for the participants of the insurance if they fall ill or have an accident. There are types of treatment offered by health insurance companies, ie, inpatient or outpatient.
2. Life Insurance is divided into three types, including term insurance, life insurance, and dual-purpose insurance. Term insurance is life insurance product which provides protection for policyholders risk of dying within a certain period, while life insurance will provide protection when the insured dies at any time. Dual-purpose of insurance is a combination of term insurance and life that will pay the sum assured at the end of the contract.
3. Permanent Disability Insurance & Critical Illness insurance is a type that provides protection to the insured the cost of living in case of health problems caused by accidents or permanent disability.
4. Other insurance such as insurance assets that provide protection for the risk of property assets, such as fire, theft, floods. Included here is the Motor Vehicle Insurance or Insurance Property Assets in the event of fires and floods; credit insurance that pays part or all of the assumed liabilities insured in case of layoffs, accidents, or death. Lenders mortgage insurance, for example, belonged to this category; liability insurance coverage that provides broad protection for the insured against claims by other parties who have losses from accidents that occurred due to the operation of the assets of the insured; special accident insurance that provides protection for the accident because of the risk of crime or politics, but is not related only to specific property assets.
5. Which is popular today is the Insurance Plus or known as Link Units. This is a life protection products and / or accidents that added investment component that becomes a more attractive product consumers. There are some people assess damages if just pay the money without additional cash benefits. Therefore dikemaslah protection products with capital market instruments and money market real risk in it. The difference is the deposit premium paid divided by two: the portion of premium protection and investment portion and then channeled to the investment manager.
In the midst of a growing risk of higher life choices to provide the best for the people we love belongs to each of us. Are we going to give? If yes, when are we going to start?
Kamis, 03 Desember 2009
INTRODUCTION "Accounting Roles" THE MANAGER....
Introduction to Accounting Roles For Managers will discuss the development of "accounting roles" from the beginning to the latest developments, how the accounting ultimately affect the "non-financial manager's roles" associated with the use of financial information. Later discussion will include: Accounting, accountability and Accounts, a brief history of accounting, the role of management accounting, Management Accounting Development Events.
Post this topic I think is important, especially for colleagues who did not come from the background of accounting / finance. With this post, I hope colleagues can have a perspective and placing accounting and finance as it should without a drive by thinking (read: penilian) the excess of accounting (neither under-nor over-estimates-estimates).
Accounting for Managers, obviously we'll talk more (discuss) accounting of his management side than accounting techniques, would be much use management terms. There'll be plenty to talk about the aggregate of the entity. If you think in this category we will be much talk about the journals, the treatments, it will not be in this category. Instead, here will be much talked about: strategy-strategy, analyisis-analysis, and the tactic associated with decision-making are implicated and implications for financial, value-added, profit, performance, goal achievement as a management team.
Is this specifically intended for those managers who plays it?
The answer: Certainly not. Although in this category do not membahasa journals and treatments, knowing (if you can explore) managerialnya side of a progress. Learn about techniques of analysis, to interpret financial statements and then made the strategic decision-making tool, is not that a valuebale knowledge? . Well, the point if you like to learn, like the improvement, like progress, does not want to go out on a place, want to tread the path wider and spacious. Let's go and read on ....
Businesses exist to provide goods (products) and services (services) to customers in order to obtain financial rewards (returns back / wan-achievement). Meanwhile, public sector (public-sector) and non-profit organizations (non-profit organization) also provides services, although financial resources did not come from customers, but from the government or charity donations and other forms.
While this post-series is primarily Concerned with profit-oriented businesses, but I believe most of the principles-principles that will be considered equally applicable to public sector and non-profit organization.
I (probably all those accounting) fully aware that "Business is not about accounting", essence of a business accounting is not, definitely not. Business is on the market, the people (suppliers & customers) and their operations (delivery of goods / services).
However, the accounting implications of all business decisions. Why? Since accounting is a representation of business activities.
AAA (= American Accounting Association) mendifiniskan accounting in 1966 as:
"The process of Identifying, measuring and communicating economic information to permit informed Judgments and decisions by users of the information".
This definition is important, because:
[-]. It recognizes that accounting is a process: that process is Concerned with capturing business events, recording their financial effect, summarizing and reporting the result of those effects, and interpreting those results (we will discuss in subsequent postings).
[-]. It is Concerned with economic information: while this is predominantly financial, it also allows for non-financial information (we will discuss in my postings later)
[-]. Its purpose is to support "informed Judgments and decisions" by users: this emphasizes the decision usefulness of accounting information and the broad spectrum of 'users' of that information (we will discuss in subsequent postings).
Post this topic I think is important, especially for colleagues who did not come from the background of accounting / finance. With this post, I hope colleagues can have a perspective and placing accounting and finance as it should without a drive by thinking (read: penilian) the excess of accounting (neither under-nor over-estimates-estimates).
Accounting for Managers, obviously we'll talk more (discuss) accounting of his management side than accounting techniques, would be much use management terms. There'll be plenty to talk about the aggregate of the entity. If you think in this category we will be much talk about the journals, the treatments, it will not be in this category. Instead, here will be much talked about: strategy-strategy, analyisis-analysis, and the tactic associated with decision-making are implicated and implications for financial, value-added, profit, performance, goal achievement as a management team.
Is this specifically intended for those managers who plays it?
The answer: Certainly not. Although in this category do not membahasa journals and treatments, knowing (if you can explore) managerialnya side of a progress. Learn about techniques of analysis, to interpret financial statements and then made the strategic decision-making tool, is not that a valuebale knowledge? . Well, the point if you like to learn, like the improvement, like progress, does not want to go out on a place, want to tread the path wider and spacious. Let's go and read on ....
Businesses exist to provide goods (products) and services (services) to customers in order to obtain financial rewards (returns back / wan-achievement). Meanwhile, public sector (public-sector) and non-profit organizations (non-profit organization) also provides services, although financial resources did not come from customers, but from the government or charity donations and other forms.
While this post-series is primarily Concerned with profit-oriented businesses, but I believe most of the principles-principles that will be considered equally applicable to public sector and non-profit organization.
I (probably all those accounting) fully aware that "Business is not about accounting", essence of a business accounting is not, definitely not. Business is on the market, the people (suppliers & customers) and their operations (delivery of goods / services).
However, the accounting implications of all business decisions. Why? Since accounting is a representation of business activities.
AAA (= American Accounting Association) mendifiniskan accounting in 1966 as:
"The process of Identifying, measuring and communicating economic information to permit informed Judgments and decisions by users of the information".
This definition is important, because:
[-]. It recognizes that accounting is a process: that process is Concerned with capturing business events, recording their financial effect, summarizing and reporting the result of those effects, and interpreting those results (we will discuss in subsequent postings).
[-]. It is Concerned with economic information: while this is predominantly financial, it also allows for non-financial information (we will discuss in my postings later)
[-]. Its purpose is to support "informed Judgments and decisions" by users: this emphasizes the decision usefulness of accounting information and the broad spectrum of 'users' of that information (we will discuss in subsequent postings).
Accounting, Corporate Finance & Shareholder
Before discussing Accounting, Corporate Finance & Shareholder. I want to Ask: Have you ever heard the term "Market"? It must never, even mendefiniskannya. Ever heard the term "Capital Market (Capital Market)"? Of course often. Ever heard of product market? Then, if I ask: Bagimana relationship capital market and product market? How are they interlated? Maybe some one knows, and some may not know, or are not sure know. Ever heard of Corporate Finance? if you know what the relationship with the accounting Corporate finance? Then what is the relationship with shareholders both Corporate Finance and Strategy? All that is important for you to know, especially if you work dibagian accounting and finance. Particularly if you are a Financial Controller, you must know about this. If there is not know, do not worry, we will biacarakan about it in a minute.
To obtain a clear picture of all that, I will talk about from the very beginning .....
Shareholders
Since the 17th century, businessmen began to introduce the name LLC (Limited Liability Company =) is in Indonesia known as limited liability (PT), where responsibility (liability) business within its business activity was limited to the amount of capital (that is realized in the form of shares) invested only. No more.
Business owners (read: shareholders) appoint a director (sometimes several directors) to manage their business. Director who then raised his manager to help manage the business manages. Ranging from operational planning, marketing, human resources, accounting and finance, and to execute plans that have been made, to evaluate it.
Shareholder power to choose (determine) director, appoint independent auditors in the Annual General Meeting of Shareholders, and is entitled to an annual report containing the financial performance of the company, which we are familiar with financial statements.
Okay, related to accounting & financial market there are 2 kinds, namely:
[1]. Capital Market
[2]. Product / Services Market
Next we discuss, one by one, what's the capital market and what products / services market. At the end of the discussion we'll get a relationship between capital market and product market, related to financial issues.
Capital Market
Capital Market (Capital Market) is a market where the investors (shareholders) memperjual buy stocks which we are familiar with the "Stock Exchange (Stock Exchange)". In Indonesia there are so far only 2, namely the Jakarta Stock Exchange and Surabaya Stock Exchange.
Companies usually get funding (both initial and additional) of the shareholders memalui issuance of shares (equity), sometimes also from financial institutions in the forms of loans (debt). Top funds obtained would lead to cost. Cost arising from the use of funds in running the business (business) this is called the Cost of Capital (Burden of Capital).
Cost of Capital consists of:
[-]. Cost Of Equity, in the form: Dividend and Capital Growth, which is part of the benefits paid (read: return) to shareholders.
[-]. Cost Of Debt, in the form: interest (interest), ie a certain amount (read: price) charged by the lender (financial institution / financier).
Product Market
After getting the funds to operate, of course, the company will invest (read: play) funds in raw materials, human resources and technology to be able to buy or sell, hand over the goods or services received. This is called the product market.
Critical Question: So what is the relation between the Capital Market to Market Product?
Relationship Capital Market & Product Market
Focus of the business owners (shareholders) in his accumulation of wealth is: GET LEVEL RATE (COST of Debt) THAT TER-LOW OF CAPITAL MARKET FOR LATER by exploiting DIINVETASIKAN PRODUCT MARKET imperfections.
What is meant by imperfection market product? the gap between supply and demand in various sources (raw materials, human resources, technology and all its circumatnces). That is where the future is expected to obtain the difference, (the difference between a surplus of course) which was later known as PROFIT (profit), which the financial statements will be accumulated in retained earnings, and then distributed (read: return) to shareholders as dividends.
All shareholders would expect the highest gain in a consistent and continuously either from equity (in the form of dividends) or of increasing its stock price in the capital markets from time to time.
If the company (which funds in invetasikan) succeeded in realizing the objectives (goal) set by the shareholder, the shareholder will obtain the highest gains through the acquisition of dividends. The success of shareholder gain high dividends and increased stock value (stock price) from time to time that management relationship with the Capital Market is known or FINANCIAL MANAGEMENT CORPORATE FINANCE. And since the 1990s accounting roles taking an increasingly dominant role in providing tools-tools for those managers to make decisions to mengahasilkan profit (return) high, and the tools and accurate financial information for corporate finance to financial management (financial management) in order to provide value added sharareholder (sva) the highest.
Accounting role in providing tools for regulating the financial and business strategy to achieve maximum shareholder value added is very important. Up-coming post is about Shareholder Value Added, to answer the questions: What is Shareholder Value Added? Why Shareholder Value Added is Crucial? Shareholder Value Added Bagimana measured? Whatever mendrive shareholder value added?. Talk to you on the next post!
To obtain a clear picture of all that, I will talk about from the very beginning .....
Shareholders
Since the 17th century, businessmen began to introduce the name LLC (Limited Liability Company =) is in Indonesia known as limited liability (PT), where responsibility (liability) business within its business activity was limited to the amount of capital (that is realized in the form of shares) invested only. No more.
Business owners (read: shareholders) appoint a director (sometimes several directors) to manage their business. Director who then raised his manager to help manage the business manages. Ranging from operational planning, marketing, human resources, accounting and finance, and to execute plans that have been made, to evaluate it.
Shareholder power to choose (determine) director, appoint independent auditors in the Annual General Meeting of Shareholders, and is entitled to an annual report containing the financial performance of the company, which we are familiar with financial statements.
Okay, related to accounting & financial market there are 2 kinds, namely:
[1]. Capital Market
[2]. Product / Services Market
Next we discuss, one by one, what's the capital market and what products / services market. At the end of the discussion we'll get a relationship between capital market and product market, related to financial issues.
Capital Market
Capital Market (Capital Market) is a market where the investors (shareholders) memperjual buy stocks which we are familiar with the "Stock Exchange (Stock Exchange)". In Indonesia there are so far only 2, namely the Jakarta Stock Exchange and Surabaya Stock Exchange.
Companies usually get funding (both initial and additional) of the shareholders memalui issuance of shares (equity), sometimes also from financial institutions in the forms of loans (debt). Top funds obtained would lead to cost. Cost arising from the use of funds in running the business (business) this is called the Cost of Capital (Burden of Capital).
Cost of Capital consists of:
[-]. Cost Of Equity, in the form: Dividend and Capital Growth, which is part of the benefits paid (read: return) to shareholders.
[-]. Cost Of Debt, in the form: interest (interest), ie a certain amount (read: price) charged by the lender (financial institution / financier).
Product Market
After getting the funds to operate, of course, the company will invest (read: play) funds in raw materials, human resources and technology to be able to buy or sell, hand over the goods or services received. This is called the product market.
Critical Question: So what is the relation between the Capital Market to Market Product?
Relationship Capital Market & Product Market
Focus of the business owners (shareholders) in his accumulation of wealth is: GET LEVEL RATE (COST of Debt) THAT TER-LOW OF CAPITAL MARKET FOR LATER by exploiting DIINVETASIKAN PRODUCT MARKET imperfections.
What is meant by imperfection market product? the gap between supply and demand in various sources (raw materials, human resources, technology and all its circumatnces). That is where the future is expected to obtain the difference, (the difference between a surplus of course) which was later known as PROFIT (profit), which the financial statements will be accumulated in retained earnings, and then distributed (read: return) to shareholders as dividends.
All shareholders would expect the highest gain in a consistent and continuously either from equity (in the form of dividends) or of increasing its stock price in the capital markets from time to time.
If the company (which funds in invetasikan) succeeded in realizing the objectives (goal) set by the shareholder, the shareholder will obtain the highest gains through the acquisition of dividends. The success of shareholder gain high dividends and increased stock value (stock price) from time to time that management relationship with the Capital Market is known or FINANCIAL MANAGEMENT CORPORATE FINANCE. And since the 1990s accounting roles taking an increasingly dominant role in providing tools-tools for those managers to make decisions to mengahasilkan profit (return) high, and the tools and accurate financial information for corporate finance to financial management (financial management) in order to provide value added sharareholder (sva) the highest.
Accounting role in providing tools for regulating the financial and business strategy to achieve maximum shareholder value added is very important. Up-coming post is about Shareholder Value Added, to answer the questions: What is Shareholder Value Added? Why Shareholder Value Added is Crucial? Shareholder Value Added Bagimana measured? Whatever mendrive shareholder value added?. Talk to you on the next post!
Quality SALES ANALYSIS
Quality Analysis of Sales (sales quality analysis) is important to do. Why? How to do the analysis? That topic will be discussed in this post.
When closing the book, often the sales to accounting to ask: "How many of our sales this month?" Obviously they want to know how much sales, and string (other purpose) behind this question can vary:
[1]. How my commission this month (this may be the most important)
[2]. How my incentive this month (if you receive a salary + incentive)
For this question, of course the answer is easy, right? Once again, obviously the question is how the total sales this month. And the answer is, you live to see the big book sale, or see the sales account (sales) in the income statement.
Usually, the questioner will be more satisfied if you want a little to open the spreadsheet, then calculate:
For example:
Sales = USD $ 100,000,000
Commission = 5% x 100,000,000 = 5,000,000
Then you quickly give an answer:
"Sales Total = USD $ 100,000,000 and the commission you USD 5,000,000 (tax cut)"
If the commission considerable number, of the questioner will be satisfied smile, but if the numbers are relatively small commission, perhaps the questioner will ask further: "small koq ya?, So how to count the count?, Should not I be a printout of sales?" and so forth. Calculation of commission so simple become so complicated for him, to have to ask "how to count the count?" :-)
Surely it is common situation we face in accounting.
Quality Sales Analysis
Illustration above, is a simple schema, and the question is sales.
What if the question is Mr. Director?
"Ahem .. ahem! (trying to adjust the pressure so much like the director's voice) "Bagimana our sales this month?".
Questions pack is almost the same president of the questions from the sales, almost the same. But if you are observant, this question is very different susungguhnya.
Are you going to give the same answer (total sales + commission)? Or the total sales?
If your position is still clerk or bookkeeper up, probably a simple answer (total sales commission opponent) can be tolerated. But if your position is higher than that and you give the same answer, believe may be up to two years, your career will continue at the current position.
Then what exactly the answer expected by a major director, about the sales?.
The question is quite clearly "What we penjulan this month?", Begins with the word what (how?) Is not "how". So the answer is clearly not the total sales, but "good / okay / worst".
That's it? of course not, should be followed with good reason, why okay, why the worst. Or more precisely: how good it is or how worst it is.
Not just total sales you want to know, but a far more important than just numbers (balance) on the account, namely:
When closing the book, often the sales to accounting to ask: "How many of our sales this month?" Obviously they want to know how much sales, and string (other purpose) behind this question can vary:
[1]. How my commission this month (this may be the most important)
[2]. How my incentive this month (if you receive a salary + incentive)
For this question, of course the answer is easy, right? Once again, obviously the question is how the total sales this month. And the answer is, you live to see the big book sale, or see the sales account (sales) in the income statement.
Usually, the questioner will be more satisfied if you want a little to open the spreadsheet, then calculate:
For example:
Sales = USD $ 100,000,000
Commission = 5% x 100,000,000 = 5,000,000
Then you quickly give an answer:
"Sales Total = USD $ 100,000,000 and the commission you USD 5,000,000 (tax cut)"
If the commission considerable number, of the questioner will be satisfied smile, but if the numbers are relatively small commission, perhaps the questioner will ask further: "small koq ya?, So how to count the count?, Should not I be a printout of sales?" and so forth. Calculation of commission so simple become so complicated for him, to have to ask "how to count the count?" :-)
Surely it is common situation we face in accounting.
Quality Sales Analysis
Illustration above, is a simple schema, and the question is sales.
What if the question is Mr. Director?
"Ahem .. ahem! (trying to adjust the pressure so much like the director's voice) "Bagimana our sales this month?".
Questions pack is almost the same president of the questions from the sales, almost the same. But if you are observant, this question is very different susungguhnya.
Are you going to give the same answer (total sales + commission)? Or the total sales?
If your position is still clerk or bookkeeper up, probably a simple answer (total sales commission opponent) can be tolerated. But if your position is higher than that and you give the same answer, believe may be up to two years, your career will continue at the current position.
Then what exactly the answer expected by a major director, about the sales?.
The question is quite clearly "What we penjulan this month?", Begins with the word what (how?) Is not "how". So the answer is clearly not the total sales, but "good / okay / worst".
That's it? of course not, should be followed with good reason, why okay, why the worst. Or more precisely: how good it is or how worst it is.
Not just total sales you want to know, but a far more important than just numbers (balance) on the account, namely:
ACCOUNTING TREATMENT OF RECEIVABLES (AR)...
Especially in the trade (business area) is so competitive these days, it was a credit sale has become a necessity. If not, maybe the customer (even more) prospective customers will choose to buy from competitors (competitors) we are. Provide credit facilities to customers is a must. Sales trends by credit (payment in the future) lead to some issue (problem) in both the operational and administrative him (recording). How to classify Receivables (Accounts Receivable)?, How accounting treatment of receivable (receivables)? What's the problem (issue) usually occur in the accounts receivable? How to control (control) of receivables? If receivables difficult Bagimana billed? Will be discussed in this post and its series.
Which becomes our concern the accounting of its administrative side (treatment). Ranging from how to determine the amount of receivables (measuring), recognition (recognizing), grouping (classifying) and pelporannya (reporting / disclosure).
As for those who are in finance (financial) or the control of both, the determination of a credit policy syncronized with sales force, while minimizing the receivables not collectible (bad debt) is the main task will only be done well if supported by the administration accurate and timely.
We will start discussing this topic one by one ... .. I hope I had the opportunity (to set the schedule) in order to post them in full from his administrative (accounting treatment), credit policy, accounts receivable control (control of accounts receivable), to how to deal with bad debtors, how to deal with difficult debtors are collected, with the advanced professionalism that will continue to maintain the company image at the same time.
I'll start with "how to classify receivables" how to classify receivables (which in practice in my opinion is still mixed rada).
Often we have doubts in classifying accounts receivable. Many terms that are sometimes overlapping and tend to irregular, especially in the new companies that the system was not structured properly. Understandable, because small businesses (particularly the newly paved) is certain focus and direct all its resources for development, business development, while still on the administrative side of superiority after the limited human resources (as a consequence of the small capital, too, of course).
Often we see the balance sheet that contains two types of accounts receivable: Accounts Receivable and Accounts Receivable. What is the difference between these two types of these debts? Was this grouping is good?
Sometimes there is also a report of the element Wesel Receivables (Notes Receiavble) in the Balance Sheet. What types of receivables that? What's the difference with other types of receivables?
Not seldom do we find the financial statements (in this case mereca / balance sheet) that do not distinguish the types of accounts separately, but only mentioned the one that is: Accounts Receivable (AR) or the Receivables only. Why?
Read more at ... [[Accounts Receivable - Accounts Receivable Accounting Treatment]]
How much debt is reported?, What if the receivables are billed difficult or even failed to bill? When is a debt expressed as receivables not collectible (bad debt)? What's the anticipation? What is the loss reserve accounts receivable (Doubtful receivable allowance) and how to determine the amount? How clean? How debt elimination procedures (writte-off)?, When an account receivable may be in writte-off? How to control (to control) receivable? Follow the continuation of this series, be a member of: Accounting, Financial, Taxation new.
Which becomes our concern the accounting of its administrative side (treatment). Ranging from how to determine the amount of receivables (measuring), recognition (recognizing), grouping (classifying) and pelporannya (reporting / disclosure).
As for those who are in finance (financial) or the control of both, the determination of a credit policy syncronized with sales force, while minimizing the receivables not collectible (bad debt) is the main task will only be done well if supported by the administration accurate and timely.
We will start discussing this topic one by one ... .. I hope I had the opportunity (to set the schedule) in order to post them in full from his administrative (accounting treatment), credit policy, accounts receivable control (control of accounts receivable), to how to deal with bad debtors, how to deal with difficult debtors are collected, with the advanced professionalism that will continue to maintain the company image at the same time.
I'll start with "how to classify receivables" how to classify receivables (which in practice in my opinion is still mixed rada).
Often we have doubts in classifying accounts receivable. Many terms that are sometimes overlapping and tend to irregular, especially in the new companies that the system was not structured properly. Understandable, because small businesses (particularly the newly paved) is certain focus and direct all its resources for development, business development, while still on the administrative side of superiority after the limited human resources (as a consequence of the small capital, too, of course).
Often we see the balance sheet that contains two types of accounts receivable: Accounts Receivable and Accounts Receivable. What is the difference between these two types of these debts? Was this grouping is good?
Sometimes there is also a report of the element Wesel Receivables (Notes Receiavble) in the Balance Sheet. What types of receivables that? What's the difference with other types of receivables?
Not seldom do we find the financial statements (in this case mereca / balance sheet) that do not distinguish the types of accounts separately, but only mentioned the one that is: Accounts Receivable (AR) or the Receivables only. Why?
Read more at ... [[Accounts Receivable - Accounts Receivable Accounting Treatment]]
How much debt is reported?, What if the receivables are billed difficult or even failed to bill? When is a debt expressed as receivables not collectible (bad debt)? What's the anticipation? What is the loss reserve accounts receivable (Doubtful receivable allowance) and how to determine the amount? How clean? How debt elimination procedures (writte-off)?, When an account receivable may be in writte-off? How to control (to control) receivable? Follow the continuation of this series, be a member of: Accounting, Financial, Taxation new.
Discounts, Sales Returns, Warranty
How does the discount (discount)? How does this work?. Return Bagimana sales treatment and provision for sales returns? How diperpalukan warranty? That topic is discussed in this post. The existence of a discount (discount), sales returns, and warranties are often not getting enough servings of accounting discussions, whether in books or in college. In fact, the trading companies, especially retailers, discount, sales returns and warranty is the issue, a very dominant issue in the administration of the company.
Discount (Discount)
There are 2 common types of discounts given to customers, namely: Trade Discount / Rebate (Discount Offers / Rabat) and Sales (Cash) Discount (Discount Sales). Many of us are still mixed-up about the two types of this discount.
For a brief description:
Most retailers set price in the publishing catalog or brochure, the real price is given at the time of realization of the sale occurred. Then how the recording? This is the issue that occurs in the world of multiple trading.
In the payment term (ie: 2 / 10; N/30), the company as the seller also offers another discount as an incentive for customers to make payments more quickly. Bagimana the procedure, how they relate to the discount that was given at the time of purchase confirmation occurs. This is another issue, the second issue we need to know.
Sales Return (Sales Returns).
In each sale, there's always the possibility of goods kembli (returns), either because of defective goods or because the order does not meet specifications. How to handle returns done? How does it affect my VAT? How they affect revenue and accounts receivable (debt)? This is the next problem discussed in this topic.
Warranty (Warranty)
As a strategy the last trading business, "after sales service (after sales service)" in the form of guarantee (warranty) is already a requirement that is not written in today's trading practices. Being one important consideration in determining the purchasing decision for customers (customer).
Teram and Condition of the warranty (warranty) can vary, for example:
[-]. Replacement with new goods
[-]. Replacement Spare-parts
[-]. Service (repair)
For sellers who provide the warranty, this is the real expenditures, that is really an expense, but on the other hand, these expenditures are not followed by a sales event (event sales). It can not be matched, is not it? Bagimana handling?
Discount (Discount)
There are 2 common types of discounts given to customers, namely: Trade Discount / Rebate (Discount Offers / Rabat) and Sales (Cash) Discount (Discount Sales). Many of us are still mixed-up about the two types of this discount.
For a brief description:
Most retailers set price in the publishing catalog or brochure, the real price is given at the time of realization of the sale occurred. Then how the recording? This is the issue that occurs in the world of multiple trading.
In the payment term (ie: 2 / 10; N/30), the company as the seller also offers another discount as an incentive for customers to make payments more quickly. Bagimana the procedure, how they relate to the discount that was given at the time of purchase confirmation occurs. This is another issue, the second issue we need to know.
Sales Return (Sales Returns).
In each sale, there's always the possibility of goods kembli (returns), either because of defective goods or because the order does not meet specifications. How to handle returns done? How does it affect my VAT? How they affect revenue and accounts receivable (debt)? This is the next problem discussed in this topic.
Warranty (Warranty)
As a strategy the last trading business, "after sales service (after sales service)" in the form of guarantee (warranty) is already a requirement that is not written in today's trading practices. Being one important consideration in determining the purchasing decision for customers (customer).
Teram and Condition of the warranty (warranty) can vary, for example:
[-]. Replacement with new goods
[-]. Replacement Spare-parts
[-]. Service (repair)
For sellers who provide the warranty, this is the real expenditures, that is really an expense, but on the other hand, these expenditures are not followed by a sales event (event sales). It can not be matched, is not it? Bagimana handling?
Policy Credit (Credit Policy)
Credit Policy (credit policy) is very important in controlling debt (receivable). Many, or at least not collectible accounts receivable (bad debt) is strongly influenced by the policy that you apply cerdit in the company. When the sales force without control, accounts receivable balances soar, while operational activities are still many companies that require immediate funding, too. Employee salaries, purchase of raw materials, office supplies, all of them urgent. Where you are setting up credit limits? to whom you can give cerdit? for long-term credit for your sedikanan customer? core; How your credit policy?. Is it syncrone between credit policy, sales force and the availability of cash in the company? That topic is discussed in this article.
The word "policy", a flash-like connotations like the word "police / police" or "politics / politics", and it sounded scary, restrain and suppress. At the very least, policy and procedure may give the impression something that will hinder and slow down. Connotation and perception that is true, if the policy is made not to follow rytme company, obviously it would be pengahmbat, a bureaucracy that is not important.
However, if you make the right policy, precisely the policy that you create even support, sustain, and increase the company productifitas. Increasing the value added, and the prevention of leakage and waste. How?
Everything that contains the word "policy (policy)" sounds a bit sacred. Something that taboo to be changed. In fact, the company's operations run so dynamic, following the growth of firms, market competitiveness, the global trend of ever-changing from time to time. Is credit policy should not be changed?
Not just speaking of how a credit policy should be set, but I also give a guide how to make credit policy (credit policy). In addition I will post an example of credit policy (credit policy) which may be used as reference
The word "policy", a flash-like connotations like the word "police / police" or "politics / politics", and it sounded scary, restrain and suppress. At the very least, policy and procedure may give the impression something that will hinder and slow down. Connotation and perception that is true, if the policy is made not to follow rytme company, obviously it would be pengahmbat, a bureaucracy that is not important.
However, if you make the right policy, precisely the policy that you create even support, sustain, and increase the company productifitas. Increasing the value added, and the prevention of leakage and waste. How?
Everything that contains the word "policy (policy)" sounds a bit sacred. Something that taboo to be changed. In fact, the company's operations run so dynamic, following the growth of firms, market competitiveness, the global trend of ever-changing from time to time. Is credit policy should not be changed?
Not just speaking of how a credit policy should be set, but I also give a guide how to make credit policy (credit policy). In addition I will post an example of credit policy (credit policy) which may be used as reference
Choosing Software / System Accounting
Confused choosing accounting software / system? Been disappointed with the software / specific accounting system? How to choose accounting software / system is right for your company? Choosing the right accounting software such as to hire a senior credit analyst at the same time bookkeeper. Not easy to do. So many accounting software in circulation. Everything stated he has a full feature, user-friendly, bug-free, multi-user, compatible with this and that, offers easiness. Supported by the artistic performance, clean and professional. How can you believe that it was all true? how can we know it's true or merely a trade provocation? where you can get the right information, to be honest they are?
Do you want just accounting software that can menjurnal, a ledger, financial reports, tax reports along with it? or a flexible system capable of producing variations in a report for business analysis purposes, can memndorong productivity and cutting costs?
There are common mistakes that consciously or not we do in assessing and choosing a software, especially more accounting software, including:
1. Quickly and be home.
2. Fascinated by the appearance
3. Origin cheap
and so forth ...
There is a common misperception that is fundamental to the perceive accounting software and tools in general: We leave everything to accountig software, even we in the lead (in dictation and regulated) by the software. We think artifical intelligent software and can replace human functions .....
Do you want just accounting software that can menjurnal, a ledger, financial reports, tax reports along with it? or a flexible system capable of producing variations in a report for business analysis purposes, can memndorong productivity and cutting costs?
There are common mistakes that consciously or not we do in assessing and choosing a software, especially more accounting software, including:
1. Quickly and be home.
2. Fascinated by the appearance
3. Origin cheap
and so forth ...
There is a common misperception that is fundamental to the perceive accounting software and tools in general: We leave everything to accountig software, even we in the lead (in dictation and regulated) by the software. We think artifical intelligent software and can replace human functions .....
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