My decision to reduce the amount of activity on The Fourth Estate coincides with my concurrent decisions to diversify my offline professional life. Since all the research I had done in the 2010s has been exhausted, I decided to use… Read More ›
Taxes
Essential Property Accounting Software Insights
In the realm of property management, the dynamism and complexity of financial transactions necessitate tools that not only simplify these processes but also enhance accuracy and efficiency. Accounting software for property management embodies a technological solution designed to manage all… Read More ›
Update (9 May 2024)
Preliminary work on the last two Entries are going ahead. I am convinced that Part I should be about gathering data from a mock scenario and using it to craft the accounts of Command-Obedience Account Bookkeeping. With the data collected,… Read More ›
Update (5 May 2024)
Completion of the new Entries for Work-Standard Accounting Practices (2nd Ed.) is proceeding ahead of schedule. All that remains is for me to consolidate everything that conveyed in the original Entries from Section Three of the First Edition and the… Read More ›
Work-Standard Accounting Practices: Inventories and Accounts Receivable/Payable Revisited
Even in Production for Dasein, where the Work-Standard is employed and its performance documented under Command-Obedience Account Bookkeeping, the concepts of Inventories and Accounts Receivable/Payable will continue to exist in name only. Rather than recording the movements of Kapital and… Read More ›
Update (1 May 2024)
Yesterday, I was able to articulate the LEBM Technique in much greater detail and clarity for the Second Edition of Work-Standard Accounting Practices than I did previously in the First Edition. Going by what I had written in that Entry,… Read More ›
Work-Standard Accounting Practices: LEBM Technique
The Life-Energization Basis Method (LEBM) Technique can perform two tasks under Command-Obedience Account Bookkeeping that are done in conjunction with Mission-Type Economic Planning (MTEP). The first and most obvious pertains to the Life-Energization Reciprocity (LER) Process, which is to record… Read More ›
Update (30 April 2024)
Going to try and get as much done for one of the Entries in Section Three. At the moment, I am thinking the Conclusion should be the next priority. If I need to reduce the number of Entries due to… Read More ›
Update (29 April 2024)
As I expected, I can probably finish the Second Edition by finishing three Entries each week. Out of the remaining Entries, I think elaborating further on LEBM, NSBM and Trial Balancing should be the next priority. The rest will fall… Read More ›
Work-Standard Accounting Practices: Primer on WSA Accounting Techniques
In “The Cash and Accrual Methods” and “The Modified Accrual Method” Entries from Section One, I discussed about the most prominent accounting techniques employed under Neoliberalism in both Production for Profit and Production for Utility. The Cash-Basis Method only provides information about how many Quantities… Read More ›
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