Survival of the International Accounting Standards Board as originally conceived has been put in question by the uncertainty over the adoption of global accounting standards in the U.S., said Tommaso Padoa-Schioppa, newly appointed chairman of the IASB trustee group. Read more…
Claiming that it never made any money from TomorrowNow or gained any Oracle customers from its acquisition of the third party support vendor, SAP agreed to pay Oracle for copyright infringement and illegal downloading engaged in by its now defunct subsidiary. Read more…
JD Edwards EnterpriseOne Date Utility Now Available – The Date Utility for JD Edwards EnterpriseOne enables you to identify and update an expiration date value in a specified table. The utility includes two modes: Scan to identify the tables that contain the expiration date and Update to change the expiration date in a specified field within a specified table. To learn more, access the Breaking News document 
(Doc ID 882478.1) on My Oracle Support.
The Cash Basis accounting method is straightforward, and more intuitive to a non-accountant than the Accrual Basis method. In Cash Basis, income is recognized when cash is received, and expense is recognized when a debt is paid. While Cash Basis accounting is rarely used in industries like manufacturing or distribution, it’s common in real estate, government and non-profit industries among others. Read more…
Redwood Shores, Calif. – June 28, 2010
According to an article in All Things Digital,
The U.S. Justice Department has joined a whistleblower suit against Oracle that accuses it of defrauding the U.S. government. Read more…
It’s been almost a months since I took my company live on sugarCRM‘s CE (Community Edition) software. In that time I upgraded the software to the latest stable version of 5.5.2. And I used it. A lot. Below are my impressions about it. Read more…
Lease accounting for property and equipment will soon get a lot more complicated, according to this CFO.com article (found here). The new FASB recommendations are to be released some time in June. Read more…
In the open source hosted CRM world, there are 2 major players providing competing products: vTiger and sugarCRM. Recently I installed and tested both of them in an effort to determine which one better suits my needs. Read more…
Yesterday Oracle announced multiple user enhancements for JD Edwards version 9.0. The announcement can be found here. (Login to OPN or Support is required). Customers on release 9.0 should find this to be a useful update, as it will increase user productivity by making navigation easier. I especially love the ability to save and retrieve queries consisting of header and/or qbe filters. Read more…
