Maryland in December brings with it an almost whimsical atmosphere. From the crisp winter air, the carolers in small towns, and the busy streets filled with holiday lights, it makes every moment have a feeling of happiness towards another successful year. The KTL Holiday party is no different. Employees from across the country fly in to celebrate 12 months of team success with a party in their honor.
Companies that operate on a fiscal year instead of a calendar year have to do two year end closes in their ERP software. One close is for the calendar year for 1099 and tax filing and the other close would be for the company year end close. Most people ask what is the purpose of two closings. This is a great question the main purpose for two closing is to tax filings that are calendar related for example 1099 processing. The next question that is asked is what happens to within my ERP when I close the fiscal year and that is what we are going to go thru below:
They (signoffs) play a very significant role in the project lifecycle and add tremendous value and leads to an overall positive outcome to your project. But like everything else, there is a time and a place to use signoffs. Using a signoff should not cause and be looked at as an unnecessary burden.
I have seen that using signoffs during a software implementation that is using a waterfall methodology is most appropriate. There are distinct phases, each phase is broken out into more granular tasks and everyone is aware going into the project on what happens next.
A long time ago I started a family and after taking some time off work completely, I was ready to get back to into the game. However, being a mom, I did not want to have a typical 9 to 5 job because I needed to be available to take my kids to school as well as continue to be the main caregiver. I eventually took a job doing consulting work. Consulting, to me, makes me think of having some freedom within your schedule and not the typical 9 to 5 hours. (A testament to this statement is that it is currently 9pm on a Monday and I am writing this. The down side is that I left my house to go to work at 7am this morning and am still working.) But I do enjoy my job. It consists of new implementations, software upgrades, training, and support. Something new that challenges me everyday. But the question still remains (and sometimes, I still struggle with) is how does one handle the process of juggling the demand of multiple clients, multiple projects, and a family life outside of work?
I have been consulting now for over 27 years. When I first started, verbal communication was the accepted and expected way of exchanging ideas, concerns, and complaints. It was efficient and thus you completed your objectives in a timely manor.
Then came the 90’s and the Internet. Email entered our world and people started exchanging ideas via email. We still called each other to discuss issues and exchange information, but email slowly started making it’s way into how we communicate. People felt it was more efficient; they got more done because they could work on other tasks while waiting for a response.
Then the 21’st century came and everything really started to explode…