Invoice

The use of E-Commerce has increased in previous years due to faster and cheaper ways, to purchase goods and services online. According to the Merriam-Webster dictionary, E-Commerce is “activities that communicate with the buying and selling of goods and services over the Internet.” This innovation has changed the way businesses reach customers without leaving their houses. Now, it’s much easier to order a book online through Amazon rather than purchase in a local bookstore. Because it requires…

Many instruction institutes will use self-employed contractors, who in turn invoice the institution for work performed. In this manner, one retains the self employed classification, while also maintaining a consistent working situation. This scenario also eliminates the financial risks of stating a new business in a foreign land…

The theory of accounting has been around for thousands of years. Accounting, also known as the language of business, is an information science used to collect, classify, and manipulate financial data for organizations and individuals, which has changed a lot throughout time. This field was established in 1494 by Luca Pacioli, an Italian mathematician. Throughout all these changes that have occurred since 1494, technology has become a major part in an accountant’s job. The advancement of…

My husband was hunched over the computer again. "Are you looking at car stuff again?" My tone belied a growing lack of interest in browsing the Internet looking for more information about Honda Pilots, the new car we were considering buying. Although initially we had found some reviews and comparisons that were helpful, my husband was insistent that shopping online for prices was going to pay off at the dealers. I was skeptical - "There's no way they are going to come down that much," was my…

Question 1: Issue: Is the exclusion clause enforceable? Rule: A disclaimer is a statement that one of the parties will not be in breach despite failing to perform one or more of their contractual obligations. Whether a disclaimer is enforceable depends on; 1. Is the disclaimer part of the contract: (1) is it expressly set out in a written contract that has been signed by the parties? (2) It is expressly brought to the attention of the party by reasonable notice given before the contract was…

The story, Bartleby, The Scrivener, has many themes that can be seen in everyone’s work environment. The story deals with compassion, conformity, isolation, duty, chain of command, walls of many forms, etc. It can be difficult to limit the number of themes in one paper. Some of the themes can seem to overlap. Compassion takes on many forms. As the narrator tied to take care of Bartleby, I had an employer who tried to take care of employees who required special attention. In the 1980’s I…

Question 1, Base on the suggestions of the new CEO from Microsoft Ltd, below are the scenario and findings Scenario : 1/10 net 20 This information can be used to compute the credit cost of borrowing this money. X % Discount 100 - % Discount 360 Credit Period – Discount Periods = 1 X 360 99 10 = 0.363636 = 36.36%. Annualizing The Credit Cost The 10-day discount period occurs 36 times per year. Using this information, it is possible to compute the effective annual…

A decision support system uses data from internal and/or external sources (Stair & Reynolds, 2010). Internal sources of data might include sales, inventory, or financial data. Data from external sources could include interest rates, the cost of raw material such as flours, and fuel cost. Some decision support systems also include capabilities that allow you to create a model of the factors affecting a decision (O'Brien & Marakas 2009). With the model, you can ask what-if questions by changing…

Area name - Operations Introduction Flipkart started operations on the consignment model. They used to purchase goods from suppliers on the basis of orders placed online. Later they adopted warehouse model. Now Flipkart has their own warehouse and they manage their own inventory. Inventory is determined on the basis of sales forecast. Sachin Bansal says - “Nearly 60 to 70 per cent of deliveries take place through our own network,” .He thinks this model provides better control over the entire…

The Spur Corporation, a public company, founded by Allen Ambor in 1967, has become one of South Africa’s most renowned franchises4. With approximately 270 outlets in South Africa and 39 internationally, Spur continues to dominate the casual dining industry3. This may be attributed to its implementation and use of specific internal controls and audit procedures in majority of its restaurants. (Wild Eagle Spur in Ruimsig will be used as the main source of information in this report). • Internal…