Comments on: Year-End Procedures http://cougarmtnblog.com/2007/11/07/period-end-procedures/ The official blog for Cougar Mountain Software - makers of accounting software for businesses since 1982. Thu, 29 Apr 2010 14:45:09 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: sandrar http://cougarmtnblog.com/2007/11/07/period-end-procedures/comment-page-1/#comment-9078 sandrar Thu, 10 Sep 2009 21:45:01 +0000 http://cougarmtnblog.com/http:/cougarmtnblog.com/tips_tricks/period-end-procedures/#comment-9078 Hi! I was surfing and found your blog post... nice! I love your blog. :) Cheers! Sandra. R. Hi! I was surfing and found your blog post… nice! I love your blog. :) Cheers! Sandra. R.

]]> By: Gary Cupp http://cougarmtnblog.com/2007/11/07/period-end-procedures/comment-page-1/#comment-4046 Gary Cupp Wed, 04 Feb 2009 20:17:08 +0000 http://cougarmtnblog.com/http:/cougarmtnblog.com/tips_tricks/period-end-procedures/#comment-4046 Please don't trust a fireproof safe as the default place to store backups. "Backup all data files and store them off-site or in a fireproof container for your security." A fireproof safe is fine for paper but it is still not 100% safe. There are media safes that are better than a standard fireproof safe and they typically cost twice as much. The reason is a fireproof safe is designed so that paper will not catch fire for say 30-60 minutes. However you could have enough heat to melt tapes, CDs, USB sticks and external hard drives even if the paper does not catch fire. You are better off going offsite unless you have circumstances that absolutely prohibit them. Like I said there are safes specifically designed for media but they are the exception not the rule. Please don’t trust a fireproof safe as the default place to store backups.

“Backup all data files and store them off-site or in a fireproof container for your security.”

A fireproof safe is fine for paper but it is still not 100% safe. There are media safes that are better than a standard fireproof safe and they typically cost twice as much.

The reason is a fireproof safe is designed so that paper will not catch fire for say 30-60 minutes. However you could have enough heat to melt tapes, CDs, USB sticks and external hard drives even if the paper does not catch fire.
You are better off going offsite unless you have circumstances that absolutely prohibit them. Like I said there are safes specifically designed for media but they are the exception not the rule.

]]> By: Terri http://cougarmtnblog.com/2007/11/07/period-end-procedures/comment-page-1/#comment-1161 Terri Wed, 30 Jul 2008 16:13:27 +0000 http://cougarmtnblog.com/http:/cougarmtnblog.com/tips_tricks/period-end-procedures/#comment-1161 Ayoola, The reason there is no treatment of fixed assets is it is not built into our CMS Professional product lineup. However CMS Professional does interface with a 3rd Party Fixed Asset program, Comprehensive Microsystems Inc., check this page out: http://www.cougarmtn.com/fixed-asset-software/ If you have any additional questions, please call an Account Executive, 800.388.3038. Thank You, Terri Ayoola,

The reason there is no treatment of fixed assets is it is not built into our CMS Professional product lineup. However CMS Professional does interface with a 3rd Party Fixed Asset program, Comprehensive Microsystems Inc., check this page out: http://www.cougarmtn.com/fixed-asset-software/

If you have any additional questions, please call an Account Executive, 800.388.3038.

Thank You,
Terri

]]> By: ayoola http://cougarmtnblog.com/2007/11/07/period-end-procedures/comment-page-1/#comment-1157 ayoola Wed, 30 Jul 2008 08:54:53 +0000 http://cougarmtnblog.com/http:/cougarmtnblog.com/tips_tricks/period-end-procedures/#comment-1157 There is no treatment of fixed assets and related depreciation at year end. There is no treatment of fixed assets and related depreciation at year end.

]]> By: Cougar Mountain Blog » Top Three Questions Asked of Customer Support http://cougarmtnblog.com/2007/11/07/period-end-procedures/comment-page-1/#comment-264 Cougar Mountain Blog » Top Three Questions Asked of Customer Support Wed, 09 Jan 2008 16:21:21 +0000 http://cougarmtnblog.com/http:/cougarmtnblog.com/tips_tricks/period-end-procedures/#comment-264 [...] Answer: If you choose to close the year in Cougar Mountain, just follow the steps in our handy Year End Checklist. Question #2 - How do I update my tax forms and tax tables? Answer: • The federal tax forms and [...] [...] Answer: If you choose to close the year in Cougar Mountain, just follow the steps in our handy Year End Checklist. Question #2 – How do I update my tax forms and tax tables? Answer: • The federal tax forms and [...]

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