Category Archives: Auditors

FullSpeed Provides Spreadsheet-like Macros in Cloud-based Accounting Apps: QuickBooks Online, Xero, and Others

Madison, Missouri, September 26, 2014 , Most people who have used word processing software know what a macro is: a group of commands you can put together quickly to do a repetitive job, like adding blank spaces at the beginnings of several lines, or changing underlined words to italics on an entire page. Wouldn’t it be great if someday macros could apply calculations to multiple lines of data in applications like QuickBooks Online, Xero, or other cloud-based accounting software?

That day is here! FullSpeed lets you set up simple formulas in its own internal spreadsheet and applies them to data in other programs at the press of hotkey. In fact you can have multiple macros defined, each with its own unique hotkey.

What kinds of things can FullSpeed do? …calculations involving multiple columns of an invoice, column subtotals and totals, calculate discounts or freight surcharges or special taxes, autonumber lines, provide customized messages like “A discount of $123.45 is available if paid by October 15, 2014”, and a lot more. FullSpeed supports a wide range of Excel-compatible spreadsheet features such as numeric and statistical functions, IF logic, date/time functions, text manipulation, and plenty of ways to format results: currency, numeric, date/time, etc.; even the ability to display decimal amounts as fractions.

FullSpeed works in invoices, estimates, purchase orders, sales orders, bills, checks, sales receipts, grids, etc.–almost anywhere you can enter accounting data. It is compatible with any Windows-based Web browser which supports Microsoft’s UI Automation technology, such as Google Chrome, Mozilla Firefox, or Microsoft Internet Explorer. FullSpeed is not limited to browser-based apps though: it also works in some native Windows applications like QuickBooks desktop editions. (Though FullSpeed can work with a variety of application types, it has mostly been certified to work with accounting applications in this first release of the product.)

Many cloud-based accounting applications have limited space available for data or calculated results. For example, neither QuickBooks Online nor Xero currently supports custom fields in the line items area of invoices. But FullSpeed overcomes this problem in two ways:

(1) It supports storing data in the Description field of sale or purchase items, and can extract it to use in calculations. For instance, users can store a per-unit shipping weight in each item’s Description, and FullSpeed can use it to calculate the total shipping weight for an invoice.

(2) FullSpeed’s Scratchpad feature allows macros to temporarily store results of intermediate calculations, so they don’t have to be written to the target application where no space may be available to hold them.

Maybe the most unique feature of FullSpeed is that it works directly on data in the target application. Users get to see the results of calculations immediately while working in an invoice, purchase order, or other form. There’s no need to export the form’s data to do calculations in Microsoft Excel or some other program, and no need to re-import or Copy and Paste results that were calculated elsewhere.

FullSpeed is priced at $119 for a single-user license, less for multi-user licensing. FullSpeed is compatible with Microsoft Windows XP (SP3) and all later versions including Windows 7 and Windows 8.

A downloadable 30-day free trial and step-by-step examplesare are available from FullSpeed’s main Web page: http://www.goflagship.com/products/fullspeed.htm

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Contact Details:

Mark Wilsdorf
Flagship Technologies, Inc.
14976 Monroe Road 1039
Madison, MO, USA

info@goflagship.com
660-291-3000

FullSpeed home page: http://www.goflagship.com/products/fullspeed.htm

Via EPR Network
More Accounting press releases

Time Taken To Hire Shifts Dramatically Post-Lehman, Reveals Joslin Rowe

Joslin Rowe, the financial services recruitment specialist, has revealed in its latest salary review that the average time taken to find a new job within the financial services sector has increased by as much as 33 days since the demise of Lehman signalled the full impact of the credit crunch. This comes despite falling notice periods as a consequence of redundancies.

The new survey by Joslin Rowe analysed financial services recruitment times both pre-Lehman (Mar 08-Sept 08), and post-Lehman (Sept 08-Mar 09) as well as notice periods in the financial services sector within this time frame. The research, which formed part of Joslin Rowe’s new salary survey for financial services jobs, shows that companies have increased the length of recruitment processes including CV assessment, the number of interview rounds and the final decision time required, in a bid to cherry pick the very best candidates available on the market. A recruitment process that used to take, on average, 3 weeks in 2008 is now taking at least twice as long.

Tara Ricks, managing director of Joslin Rowe, explained that in addition to a larger than usual number of redundant candidates on the market who are immediately available, “City employers are also being incredibly flexible when members of staff choose to resign. It’s rare that 3 month notice periods are enforced now and even those on 4 weeks are often allowed to depart a week or so earlier. Within some departments it’s clearly a relief to move employees on and ease the pressure of salaries on the bottom line.”

Tara continued: “That said, in some disciplines there’s an opposite force at work. Compliance, risk and finance jobs are vital to ensure post-credit crunch stability and control – so it’s no surprise that time to hire has been least affected within these disciplines nor that financial services employers are keen to hang on to these members of staff for as much of their notice period as possible.”

However, the picture changes dramatically when looking at support roles such as HR, marketing and secretarial/administration. These positions have seen hiring times slow significantly. Secretarial jobs are suffering the most at up to 33 days more.

It’s not just banking jobs which have been impacted. Investment management firms have also seen big changes to hiring times, now with one of the longest time to hire processes within the market at 90 days. This is a consequence of the re-approval process that many firms have implemented – meaning that hires taking longer than 6-8 weeks must re-apply for budget sign off, in case the rapidly changing market no longer warrants the recruitment.

Temporary financial services recruitment has also shifted. Pre-Lehman, the average time to hire was 6 days but recently this has risen to 9 days. In fact, since September 15th some temporary positions are taking as long as 37 days to recruit for, especially within HR and office support.

Tara Ricks commented: “At the height of market conditions in 2007, we would sometimes place financial services candidates in a role on the same day it was released – a 24 hour recruitment turnaround. Now a week is more common. Certainly, tracking the time to hire of temporary staff is an excellent temperature gauge. If temporary recruiting speeds up it’s a strong indication the market is on the turn.”

About Joslin Rowe
Established in 1982, Joslin Rowe is one of the leading UK financial services recruitment firms in the UK. Joslin Rowe consultants, candidates and clients work together to achieve the best employment opportunities and long term relationships. Joslin Rowe recruits for Accountancy Jobs along with other financial services roles across London, Edinburgh and Glasgow including long-term contracts, temporary and permanent positions. Joslin Rowe is a Randstad company – the second largest HR services group globally.

Via EPR Network
More Accounting press releases

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