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A yellow Cortina car, two signallers, a funeral and lots of pent up anger.

I recall seeing a news report of a repulsive incident., some tears ago..  Not all was visible.  But, it does induce anger and fear here too.

It can be a  vicious world.   Some say Irish people can be friendly.  The troubles can haunt us.  Even those who’d not even thought about going to Ireland.

If people wanted propaganda, I’d have thought it’s there?  Maybe, to assist the nil desporandum crowd?

Dave T.

Accountancy Ratios.

I came across a list of ratios.  Handwritten and unsourced. I’m double-checking them through Google..

Solvency Ratio includes,

Debt-Equity Ratio= external equity/internal equity

Profitability ratios include,

Net profit ratio= net profit after tax/net sales as a percentage so x100

Gross profit=gross profit/net sales, again as a percentage

These are good terms to look on a search engine.  They are at accounting side of books.  So, indicating company health   more for stakeholders than bookkeeping side of records.  There are more.

Dave T.

Purchase Ledger.

When a business makes a purchase from a supplier.  First, a purchase order is generated.  Example, 5 gromits for £5, from Percy’s Products. When the items are delivered, they come with a delivery note from the supplier.  After that, the invoice is sent by the supplier., a request for payment.. if some gromits are too round, or other fault.  Items may need to be returned to the supplier.  In turn, suppliers may send a business a Credit Note. To repay  gromits to the recipient.

Invoices and Credit Notes have certain details on each one… Because, a Credit note is an invoice in reverse..

Purchase order, delivery note, invoice and delivery note should be collated, for each item received as a complete order details.  The invoice, and Credit note should then be logged on the  bookkeeping system..  collated details then are filed away, for safe keeping..

Invoices should always have the seller’s name, company address, vat number, recipient’s name, what goods were supplied, and in which quantity..  Similarly, with credit notes.

Knowing VAT applicable rates is useful. These days, there are 20%, 5% and 0% rates for different items..

,

That’s useful to know.?

Dave T.

When I was a kid.

I’d look out the back bedroom window at Victoria Hill, Swindon..  the Sun would glisten, and the church bells would ring.. it was an idyllic experience..

It’s very much a feeling parts of Wiltshire could induce.  Like many bordering counties in West Country . I guess, we all feel likewise about our homes.

Today, the Sun is shining into my bedroom, glistening, and illuminating . A heavenly experience   though id struggle to access greenery.. it still feels a wonderful treat..

I know I’m alive, and I’m glad of that.

Dave T.