Number Crunchin' News
April 2004

 

SECRETARY'S MINUTES

The regular monthly meeting of the Santa Barbara Bookkeeper's Association was held on Tuesday, March 16, 2004 at Mulligan's Cafe.  President Jennifer Loren opened the meeting.  Members were asked to call to make reservations for lunch.  There were two new members and one guest at this meeting.

Dues are due for the half-year.

Paula Mauro announced a volunteer opportunity. Gail Gillies announced that the SB Chapter of the IMA (Institute of Management Accountants) invites anyone interested to attend their dinner meeting on April 14.  Contact Gail at 964-4947 for more information.

A Summer Picnic is planned.  Volunteers are needed to organize this event.  Anyone interested please see Pam Allman or Vicki St. Martin.

The cost for lunch now is $11.  Paula Herschede won the free lunch (again!) for April. 

Our Speaker is Roberta Nielson, talking on the topic of "e-mail" and Outlook Express.  There was a lively question and answer session.

 Paula Mauro, Secretary SBBA



APRIL MEETING, TUESDAY 4/20/03 WILL BE A SOCIAL MEETING
 


 

** WE ARE LOOKING FOR VOLUNTEERS FOR THIS YEARS SUMMER PICNIC – PLEASE CONTACT JENNIFER LOREN (jenn.loren@cox.net) IF YOU CAN HELP IN ANY WAY! **
 


 
Please don’t forget to RSVP if you’re coming to the April meeting

E-mail Jennifer Loren  jen.loren@cox.net   - be sure to put RSVP in the subject line of your e-mail.  She must receive your response no later than the Friday before the meeting, March 16th.  Thank you.


 QuickBooks Users Group Meeting

Monday, May 3rd, 2004

Topic: Job Costing

Guest Speaker: Monica Dittrich

Santa Barbara City College

West Campus – Business & Communications Bldg.

Room BC214 – Conference Room

721 Cliff Drive, Santa Barbara, CA 93109

 6:00 - 8:00 p.m. - $15.00 (Dinner Included)

Send Check payable to QB Users Group

P.O. Box 3302, Santa Barbara, CA 93130 to reserve seat

 The Group is for ALL levels of QB users open forum for users to share experience, knowledge & support.

PLEASE COME JOIN US! 

For further information, please email:

 Bonna Hamilton bonna@silcom.com

 Jasmine Gollner-Gill QBUsersGroup@aol.com

Nicole Blum-Negard nicciblum@hotmail.com\

Visit Our Web Site: www.QBUsersGroup.com


OTHER QUICKBOOKS RESOURCES: For QB Articles & Seminars  Go To;  www.newsletter@sleeter.com or www.intuit.com

Another Educational Opportunity!

You too can become a Certified QuickBooks ProAdvisor.

 I have been spending about 1/2 hour a day over the last month (yes – during tax season!) to complete my QuickBooks Certification.  As an educator I am impressed with the quality of the study materials including exercise data files for practice, flip books, detailed explanations, etc. There is a quantity of useful information.  You can print pages for easier study and/or use with clients.  You are tested at the end of each module with the wrong answers explained before you re-test.  You proceed at your own pace.

The certification process is a great learning opportunity!  Yes – it costs money – but I think we should ALWAYS consider time and resources spent on education as a debit to an investment account (an asset) not an expense!   

For more information about the QuickBooks ProAdvisor Program and the Certification go to www.qbadvisor.com   Also you can ask me questions via e-mail:  Sandra.omeara@cox.net

Submitted By Sandy O’Meara, CPA   


ARE YOU WILLING TO SLEEP IN FRONT OF THE FIRE?

By Brenda Richter, CPA

A Member of the Principa Alliance

There is a story attributed to Ben Franklin that carries a profound message that you and your customers should heed.

It goes like this.

Ben had a printing business and was concerned about a competitor’s pricing policy. He invited his competitor around for dinner and placed a bowl of broth and a piece of bread on the table. In the room was a warm fire with a blanket next to it.

Ben said to his guest, “I can live on this bread and broth and have no trouble sleeping by the fire wrapped in that blanket. If you can live on less, you can starve me out. If you can’t, you had best reconsider your pricing.”

Issues of illegal price fixing aside, the lesson is clear. Unless your costs are lower than your competitors’ or you are willing to sleep in front of the fire, don’t compete on price. You might want to send this little piece of sage advice to those of your customers who seem destined for many nights in front of the fire.

SUPPORT RESOURCES

My firm is a member of the Principa Alliance, a global network of business growth consultants who are focused on helping small to mid sized business owners build better businesses.  I can help you with competing on price.  If you would like a copy of a business case regarding price competition, please e-mail me at: Brenda@BrendaRichterCPA.com


Minimum wage boost clears panel in Assembly
The bill would hike the salary floor by $1 - to $7.75 an hour - in 2006.

By Clea Benson -- Bee Capitol Bureau (Abridged Version)

After two years without an increase in California's minimum wage of $6.75 an hour, lawmakers took an initial step Wednesday toward giving the state's lowest-paid workers a $1 hourly raise by 2006.

The Assembly's Committee on Labor and Employment gave preliminary approval for a minimum-wage increase that drew opposition from business groups and support from labor organizations, which sponsored the measure. The bill would boost the wage to $7.25 an hour next January and $7.75 the following year.

Wednesday's vote was just a first hurdle for the bill. And it is unclear what Gov. Arnold Schwarzenegger would do if the measure ultimately gained the approval of both the Assembly and the Senate

The current state minimum wage took effect in January 2002.

Submitted By Caron Garliepp


JUST FOR FUN

Do you know why grown-ups are always asking little kids what they want to be when they grow up?

It’s because they’re looking for ideas.

-Paula Poundstone


NOTE FROM THE EDITOR: This months newsletter was prepared by Monica Dittrich.  Thank you as always for all your submissions!  Next months newsletter will be prepared by Kathy Rem.  Happy Spring!  Monica~


The Not So Fine Print

  • Any information within this newsletter not stating "Submitted By" or "Source" was supplied by this month’s editor.