Time machine business I think that Yoshinoya overcame the frame of Japanese food and became Indonesian soul food. I am happy to see the scene where Japanese food culture is accepted by Indonesian people. Time machine business is now outdated words, but in short the business that utilize the time lag between developed countries and […]
The word “KANBAN” When visiting a Japanese trading company in Indonesia and a manufacturing company and hearing the business requirements for system implementation In most of this case KANBAN arrives from customers each day by e-mail, and this corresponds to the delivery order for the scheduled order received at the beginning of the month, but […]
I have been to Singapore for 2 days to get a new working VISA, VITAS(Visa Tinggal Terbatas=Index 312) just before KITAS expired date at the end of last month. Before that I have got VISA Telex approval (VTT) which is necessary to be issued VITAS according to the timing of EPO (Exit Permit Only) of former KITAS.
We are going to talk about adjusting entries. Specifically in this segment we'll talk about two adjusting entry situations, prepaids and supplies. So let's get right into the material by asking the obvious quesiton what is an adjusting entry. And adjusting entry is merely a journal entry that is made at the end of the month.
Tax on Taxable Income to Small Business Owner In Indonesia as taxes on the taxable income to UMKM small business owners (Usaha Mikro, Kecil, dan Menengah) with annual sales of 4.8 Miliyar or less, it is not such income tax (PPh 25 bulanan) , but it takes 1% for the external standard tax (Pro forma […]
Toba lake which coffee cherries before harvest is fresh It is the world’s largest caldera lake (lake made in the large depression made by the activity of the volcano) which is 100 km in width and 30 km in length and has twice the area of Lake Biwa.
OK now that you've had a chance to look at the numbers, let's get right into them. Let's assume that we are all accountants for Morgana manufacturing company and that we manufacture high-quality furniture like tables etc.
OK let's assume in this example that Morgana manufacturing company produces tables. Product cost, all product cost can be categorized into three subgroups, direct material DM, direct labor DL, manufacturing / factory overhead, I use both the terms because some text books use factory overhead, and some text books use manufacturing overhead.
Revenue recognition Cash Basis or Accrual Basis We will be comparing and contrasting the cash basis accounting versus accrual basis accounting. What are these accounting systems? These are two different types of accounting methods by which a company can maintain their records. How does a company know which one of these methods to use? Well […]
I am going to show you how to remember the rules of debits and credit, so you will know how to prepare financial statements using these rules. So to help you out I have put some information behind me here on the whiteboard.
1. Overview Greeting I am in charge of implementing Asprova that creates production schedule and purchase schedule at high speed, for much varieties of items which are going through multiple processes with different capacity, while integrating manufacturing orders, sales orders and inventory stock. It means that you can see your factory from the point of […]
Financial Statement – Balance Sheet, Profit and Loss Statement, Cash Flow Statement【AUDIO RECORDING】
Balance sheet is nothing but another financial document that we accomplished prepared to provide a user with more information about the financial potition of a company. you can look up your textbooks for a more formal definition.
