I decided to use Quasar to do my accounting. It's a huge improvement over GnuCash. Almost all of the fields have tab completion. For example, to create an invoice, I type the first few letters of a companies name, tab, and it fills in the company name and address. This works for accounts, tenders, and pretty much anything that is stored in another table.
I'm still learning how to use everything, but it's very well thought out. Initially, I didn't realize I could create a sale by entering the tender (Visa, American Express, etc.) on an invoice. I was creating an invoice, then a payment against the invoice, which took me a lot longer. I still need to figure out how to make invoices default to Account type rather than Item.
The account reconciliation feature works great. It helped me track down a transaction for which Authorize.Net didn't send me a receipt email.
Quasar has a ton of features related to running retail stores. I don't need to
deal with multiple stores and cash registers, but it's great that it's there if
I ever open up that pub.
Some of the cool features that I'll actually use include:
Quasar has a good chance of becoming the de facto accounting package in the open source world.
business » accounting | Permanent Link
All of the archers out there will be happy to hear that the Arrow Tax has been repealed. Alas, the Bow Tax still applies.
Bows
The 11% tax on bows will apply to bows having a peak draw weight of 30 pounds or more. This replaces the current law which applies to bows having a peak draw weight of 10 pounds or more. Broadheads suitable for use with certain arrows will be taxed as a part and accessory at the 11% bow tax rate. The effective date for both provisions is for articles sold after November 21, 2004.
Repeal of Arrow Tax
The tax on arrows that was in effect for arrows sold after November 21, 2004, and before December 23, 2004, has been repealed. The rules used prior to November 22, 2004, for arrow components still apply for the 4th quarter of 2004. Any tax that was imposed by the manufacturer, producer, or importer on arrows after November 21, 2004, and before December 23, 2004, may have to be refunded to the purchaser. See Changes Effective for the Second Quarter of 2005 for details on the tax on arrow shafts effective after March 31, 2005.
How much are we paying the members of Congress to make these laws? (Hint: It's less than $155,101)
Update: Unfortunately, those arrows aren't really tax free. Beginning March 31, there will be a tax on the arrow shaft.
business » taxes | Permanent Link
Neville has a couple ideas for how to make a little money without spending much money.
1.) Sell Water. That's right. Buy a 24-pack of bottled water, ice it, then sell on a hot day. Your $3.00 investment has turned a $21 profit in a small amount of time. This may seem like something only a bum would do, but trust me, you will learn more from this experience than in any marketing class. Water can be substituted with soft drinks, hot coco etc.
This sounds like a good idea. Just go buy some water and sell it. You'll be in business in 15 minutes. On the way to the park, just stop off to get a Business License, Seller's Permit, and Sidewalk Vending Permit. Here's a list of the other licenses and permits you might need to be in the Bottled Water or Sidewalk and Street Vending industries. Of course, if you don't live in California, it might not be so easy to get your business started because, as Governor Schwarzenegger says, California wants your business.
Tim, over at The Mess That Greenspan Made (my favorite economics blog by a non-economist), has compiled a good summary of the responses surrounding the Fed's notice that they're going to stop reporting M3.
If this comment is accurate, it's pretty interesting:
Perhaps you should wonder why even U.S. based contractors are being paid with suitcases of $100 bills, when they would prefer the payments be made by direct deposit to their U.S. account.
Buy gold.
Seth Godin says that, in many cases, an MBA is a waste of time and money.
The fact is, though, that unless you want to be a consultant or an i-banker (where a top MBA is nothing but a screen for admission) it's hard for me to understand why this is a better use of time and money than actual experience combined with a dedicated reading of 30 or 40 books.
Not having been to business school, unlike Seth, it's hard for me to judge. I'm a big fan of book learning, but not school. I read two or three books per month. Recently, I've been reading more investment related books than business books. [Currently, I'm reading When Genius Failed and Conquer the Crash.]
Seth didn't list the 30 or 40 books to read, so Josh Kaufman picked up the thread. I'm surprised at how many books are on there that I haven't read. He has Guy Kawasaki's Art of the Start in there. The only Kawasaki book I've read is Rules For Revolutionaries which was hard to take seriously considering he added footnotes containing URLs for every company mentioned in the book. The one valuable lesson that I took away from the book was "Judge your results and other people's intentions" rather than vice versa.
There are a couple of books conspicuously absent from Josh's list.
I'd probably also include Differentiate or Die and The Discipline of Market Leaders. I haven't found an "A Ha!" marketing book yet, but these two books both have good ideas. The premise of the former is that there must be something that differentiates your company from competitors. The author gives a few examples of ways to differentiate. The first is having your company's product or service associated with a specific attribute the way Volvo is (was?) associated with safety. The goal is to have your customers think of your company when they think of the attribute. Other attributes might be reliability, speed, spiciness, or indestructibility. Other ways to differentiate suggested is specialization and having a "secret ingredient". Interestingly, customers don't need to understand what the secret ingredient is or does. The author used the example of Sony's Trinitron. Customers want it, but what the hell is it?
The Discipline of Market Leaders breaks successful companies into three groups.
Our goal at Postica is to be operationally efficient.
Update: There should really be an accounting book included. Accounting the Easy Way is fantastic. I wish I would have read it years ago. Before reading any books on investing (fundamental analysis), you should learn at least as much accounting as is covered in this book. I convinced a women at Border's who was wanting to learn bookkeeping to buy this book.
Adam Langley noticed
that Adobe Reader 7 is now available for Linux. The update from version 5 has
been long overdue. The new version uses GDK rather than Motif. It has some
new features such as Save As Text, and will hopefully eliminate those annoying
warnings about a PDF requiring a newer version of Acrobat Reader (though they
always seem to be perfectly readable). Multiple PDFs are now opened within a
single application window.
Here are some Debian packages I built based on Christian Marillat's packages. I'm sure he'll do a better job soon.
Update: Christian Marillat has added acroread packages to his testing and unstable repositories. You probably want to use those.
Hat tip1 to John Battelle for pointing out Greasemonkey, a Firefox plugin that allows you to run Javascript scripts on arbitrary sites to improve their appearance or usability.
The one script I find most immediately useful is one that fixes some deficiencies of Allmusic. Allmusic is a fantastically useful site, but since it's redesign, it has the annoying trait that every biography is truncated and ends with a Read More link. The script replaces those links with Javascript links that pull in the full biography using XMLHttpRequest. It is remarkably fast considering how sluggish the site often is in general.
1. John must get a lot of hat tips considering he has the number two result on google for hat tip on a page for which the term only appears in links to it.
I received an advertisement in the mail from Superior Nissan of Mission Hills, located in Mission Hills, California. The return address on the envelope identified the sender as GM Notification Sender for some reason.
As part of their used car sales promotion, they claimed to be giving away some prizes. In the envelope was a card with two scratch-off numbers. If the numbers match, you're a winner of one of five prizes. The prizes are A) an XBox or PlayStation 2, B) a $500 gas card, C) a $1,000 shopping spree, D) a 60" Wide Screen Color TV, and E) $15,000. They might as well have made a trip to Mars one of the prizes too.
I scratched off my matching numbers, but of course, it doesn't say which of the fabulous prizes I've won. Instead, it tells me to call an 800 number to set up an appointment to pick up my prize at the dealership. If you're clever, you may have already figured out the scam. Here's what the small print says:
...the odds of winning prize A, B, D & E are 0:10,000, prize C is 10,000:10,000.
Everyone gets the "$1,000 shopping spree" on goshoppingmall.com which charges an outrageous amount of money in shipping and handling fees, generally between 40% and 60% of the price of the item. How slimy.
I finally finished the federal corporate taxes for Postica, the 1120S and
related forms and schedules. It took a long time, but less than the 184 hours
that the IRS estimates. Seriously, the IRS estimates it will take more than
one man-month to file just the 1120S and K-1.
I filled out the return by hand first, and then copied the information into Taxsoftware.com's forms. Their software is
very minimalist, especially compared to TaxAct
which I've been using for years to do my taxes, first their Windows version,
now the online version. The Taxsoftware software is a bunch of Java applet
forms which, once completed, are used to generate a PDF form of the tax forms.
Unfortunately, I couldn't figure out how to fix the background color of
selected fields so I had to fill out each field blind, then remove focus to
verify that I had entered the correct value. I tried changing a bunch of X
resources to get the color to change, but was unsuccessful.
I'm almost done with the California return, 100S, too. Luckily, it's mostly copying data from the federal return. I do have to keep a separate depreciation schedule though since California doesn't allow the 50% bonus depreciation.
business » taxes | Permanent Link
There's a story on CNN Money about some dude that makes t-shirts who refuses to sell them to Wal-Mart. There's no indication in the story that Wal-Mart wants to buy his t-shirts, which apparently feature naughty words and poker-related imagery. Good job in the publicity department, Mr. Carlton.
business » marketing | Permanent Link
NPR
picked up The Economist's story about it now being cheaper to rent
than buy in many markets.
(Via patrick.net)
After a couple weeks on the new mattress, I decided that I like it. I no longer feel like I'm sinking into the mattress, and while I sleep on my side and stomach, it is very comfortable when lying on my back too. So, the Novafoam mattress gets a thumbs up.
After Apple's recent run up to almost $70 a share (over 10% since I sold half my shares 10 days ago), Smith Barney downgrades AAPL to hold, advises selling, and at the same time, increases their 12-month target to $75.
"Despite the fact that we are raising our target multiple on calendar 2006 operating earnings this morning from 26 times to 29 times, we cannot justify more than a $75 fair value in 12 months. And while this suggests another 10% upside from current levels, we can no longer recommend that medium- to long-term investors place new money into the shares," the brokerage wrote.
The downgrade occured today when the stock opened at 66.13. A 13% increase within 12 months seems like a good investment. So what should investors do, Smith Barney? Hold, sell, or buy this undervalued stock?
I have been using Schick Tracer FX razor for years. It's a great razor; the best feature is that its two blades flex, giving a close shave for people without two-dimensional faces. It's increasingly difficult to find Tracer FX blades, though. Apparently, Schick has eliminated the product, and replaced it with the Xtreme 3 (3 blades) and the Quatro (4 blades), which reminds me of this:
Hitchhiker: You heard of this thing, the 8-Minute Abs?
Ted Stroehmann: Yeah, sure, 8-Minute Abs. Yeah, the excercise video.
Hitchhiker: Yeah, this is going to blow that right out of the water. Listen to this: 7... Minute... Abs.
Ted Stroehmann: Right. Yes. OK, alright. I see where you're going.
Hitchhiker: Think about it. You walk into a video store, you see 8-Minute Abs sittin' there, there's 7-Minute Abs right beside it. Which one are you gonna pick, man?
Ted Stroehmann: I would go for the 7.
Hitchhiker: Bingo, man, bingo. 7-Minute Abs. And we guarantee just as good a workout as the 8-minute folk.
Ted Stroehmann: You guarantee it? That's -- how do you do that?
Hitchhiker: If you're not happy with the first 7 minutes, we're gonna send you the extra minute free. You see? That's it. That's our motto. That's where we're comin' from. That's from "A" to "B".
Ted Stroehmann: That's right. That's -- that's good. That's good. Unless, of course, somebody comes up with 6-Minute Abs. Then you're in trouble, huh?
[Hitchhiker convulses]
Hitchhiker: No! No, no, not 6! I said 7. Nobody's comin' up with 6. Who works out in 6 minutes? You won't even get your heart goin, not even a mouse on a wheel.
Ted Stroehmann: That -- good point.
Hitchhiker: 7's the key number here. Think about it. 7-Elevens. 7 doors. 7, man, that's the number. 7 chipmunks twirlin' on a branch, eatin' lots of sunflowers on my uncle's ranch. You know that old children's tale from the sea. It's like you're dreamin' about Gorgonzola cheese when it's clearly Brie time, baby. Step into my office.
Ted Stroehmann: Why?
Hitchhiker: 'Cause you're fuckin' fired!
Update (09/15/05): The above is even more apropos with the announcment of Gillette's Super-Mega-Turbo-Mach-Power, 5-blade, facial-hair-obliterating gizmo. (via Seth)
Anyway, fretting the day when my supply of Tracer FX blades runs out, I have been on the lookout for a replacement razor. Enticed by a four-dollar Costco coupon, I bought a Mach3 Power. I knew the razor-cum-vibrator was a marketting gimmick and a way for Gillette to sell more Duracell batteries now that many battery-powered devices come with Lithium-Ion or other rechargable batteries. But, just what if all of those Ph.D.'s slaving away for years in Gillette's labs really did make a huge breakthrough in shaving technology. Did I really want to miss out on the revolution? (It was televised, but my Tivo sheltered me from the 30-second clips.)
In short, the Mach3 Power is nothing special. Because it's vibrating, it sounds similar to barbers' clippers. This doesn't make for a better shave, though. I'm also not very fond of the swiveling cartridge; I feel like I don't have enough control of it.
I'll be on the lookout for old stock of Tracer FX blades before they become a relic of history.
Update: I guess it's "Mach3" rather than "Mach 3". I've made the appropriate copy changes.
business » marketing | Permanent Link
While doing my taxes this year, I discovered IRS Form 4029 which allows an individual to opt out of social security and medicare. To do so, you must be conscientiously opposed to accepting benefits of any private or public insurance that makes payments in the event of death, disability, old age, or retirement; or makes payments for the cost of medical care; or provides services for medical care. While I am conscientiously opposed to public insurance, I have no objections to private insurance. Of course, there are a couple other stipulations. You must also join a collectivist organization with a belief in the supernatural which has been in existance since at least 1950.
Individuals who wish to be self-sufficient or participate in private insurance programs rather than be part of the state's welfare system are unable to do so. I find this to be egregious. I have contact my elected representatives in Congress to let them know how I feel, but I'm not expecting much considering that both Senators Boxer and Feinstein have petitions on their home pages to preserve social security as is.
Here's the short note I sent to Congressman Sherman and the Senators, and the non-responsive form letter response from Ms. Boxer.
Congressman Sherman, As President Bush and Congress are currently working on the reform of Social Security, I would like to propose that one of the reforms include the ability of citizens to opt out of participation in the Social Security and Medicare insurance programs. Being a responsible individual, I plan to save enough money during my productive years to fund my retirement until death. I am conscientiously opposed to accepting welfare from the state and would be happy to waive all rights to Social Security benefits in return for not being required to contribute to the program. Such an option is available to members of certain religious organizations, and I would appreciate your support in ending such unconstitutional discrimination. Thank you for you time and I would be delighted to hear your thoughts on the issue. Sincerely, Christian Warden
Date: Fri, 4 Mar 2005 09:21:31 -0500 From: senator@boxer.senate.gov To: cwarden@xerus.org Subject: Responding to your message March 4, 2005 Mr. Christian Warden 18531 Prairie Street, Apartment 214 Northridge, California 91324-3156 Dear Mr. Warden: Thank you for writing to express your concerns about President Bush's plan to partially privatize Social Security. I appreciate hearing from you. Social Security is a crucial insurance program and an indispensable safety net for our people. It has been enormously successful. Before Social Security, over half of all seniors were poor. Today, 10 percent live in poverty. That is still too many, and we want to take care of that. What we do not want to do is go back to the days when 50 percent of our seniors were living in poverty. Under the President's plan, Social Security benefits would be cut by 45 percent. The average yearly payment would be only $5,700, which is 35 percent below the poverty line. That would be a tragic reversal of fortune for our people. Certainly we know that Social Security needs periodic adjustments. However, President Bush is misleading the American people by calling this a "crisis." According to the Social Security Trustees, there is enough money to pay full benefits until 2042. And according to the Congressional Budget Office, there is enough money to pay full benefits until 2052. Now more than ever -- as we are faced with an aging population, the imminent retirement of the baby boom generation, the costs of the war on terrorism, 40 million Americans without healthcare, and a ballooning budget deficit of well over $400 billion -- we cannot afford to divert needed funds away from an already stressed Social Security system. ^L This is too much of a risk to take with funds that so many workers are counting on for their retirement. Privatization would also impact people with disabilities, survivors of deceased workers, and 3 million children who depend on Social Security benefits. I feel strongly that we should not weaken Social Security or compromise its financial condition. Rest assured, I am committed to preserving the integrity of Social Security for generations to come. And it is not difficult to solve this challenge, just as we did in 1983. Again, thank you for taking the time to voice your concerns. Please continue to keep me informed about the issues that matter to you. Sincerely, Barbara Boxer United States Senator
Disclaimer: As a child, my mother received welfare. And while it allowed her to spend time raising me, given the choice, I would not want to be a burden on my neighbors.
business » taxes | Permanent Link
We're getting business cards printed for Postica so we decided to get a toll-free number to put on them. It will be good to have on the web site too, since we currently just have our support email address.
A search on Google for 800 number or toll-free number brings up a ton of ads. We went with GotVMail because the price is good and we were able to sign up online in about 10 minutes. We didn't have to talk to a salesperson or fax any forms like other companies require. We're paying $9.95/month plus 7.4 cents/minute. If we start getting a lot of calls, we can start buying blocks of minutes for about 5 cents/minute.
I still don't quite understand what all the hoopla around podcasting is about, but since KCRW started offering feeds of their programs, I thought I'd check it out. I don't have an mp3 player, so I was thinking I might listen to some programs while working or listen to them through my Tivo.
I downloaded an RPM of iPodder, converted it to a Debian package using alien and installed it. It looks like it requires wxPython 2.5 so I installed the libwxgtk2.5.3-python package. Since I also have wxPython 2.4 installed, I had to update /opt/iPodder/iPodderGui.py to use the right version. Here's the diff:
--- iPodderGui.py.orig 2005-03-03 11:28:58.000000000 -0800 +++ iPodderGui.py 2005-03-03 11:29:06.000000000 -0800 @@ -1,3 +1,5 @@ +import wxversion +wxversion.select('2.5') import wx import wx.xrc as xrc import wx.lib.filebrowsebutton as filebrowse
I still don't see what's so great about this. I'd be happy if straw supported enclosures so I could just download the mp3s from there.
Update: Mostly as an exercise, I've created a Debian package for iPodder.
We bought one of those memory foam mattresses, a Novafoam one from Costco in particular. Buying a mattress sucks. We went to bunch of different stores and looked at pretty much all of the different types of mattresses out there.
We live in a small apartment with only room for a full-sized bed so we didn't want to spend a lot of money on a mattress because we'll probably buy a queen or king in a couple years. We've been using a futon mattress that's about 4 years old. It was great when I bought it, but now, the middle of it has been compressed to about 25% of its original thickness making it not very comfortable.
First, we went to Robinson's May and Sear's in the Northridge mall. The mattresses at Sear's were filthy so I couldn't get Denisa to try many out. Plus the sales guy yelled at potential customers, "Don't do that! Never do that!", as they were touching the mattresses. "Never just touch the mattress. You have to lie down on it."
Robinson's May was much nicer, but after lying on a couple mattresses, I was ready to call it a day. I thought it was just the clothing, but everything in the mall sucks the life out of you. I don't know how I spent all those days after school during my junior-high years wandering around the Del Amo mall. We stopped by the Select Comfort store before leaving. They are the ones that make those "sleep number" air mattresses. The beds were pretty comfortable, but the sales guy was too pushy, telling us how important it is to get a good night's sleep. Duh, that's why we're shopping for a bed. Plus, the fact that they charge $200 to add the digital remote control that shows the sleep number instead of the remote without an LCD display pissed me off. Not that I'd need it, but I just think that's ridiculous. But I guess the marketing ploy works for them. The sales guy did tell us that we should try the Tempur-Pedic mattresses.
Tempur-Pedic's gimmick is that their memory foam was developed at NASA. We tried it out at a mattress warehouse store and it was very comfortable. At around $1,300, we passed. The mattress warehouse place actually had the type of mattresses that I had been looking for all along. Denisa's mattress from childhood is about 20 years old, made from foam, and is still in great shape. It's nice and firm and hasn't lost its form at all. If communists were making such mattresses 20 years ago in Czechoslovakia, surely they must be available in the U.S. Well, this store did have some foam mattresses, latex and polyurethane, but they cost as much as an inner spring mattress. Our search continued.
We went to Costco to see what they had. They have good old-fashioned Sealy Posturpedic mattresses, but they didn't have the firm ones in the store, just a softer one. And they only had queen and twin. We could have ordered the firm full-size one, but we couldn't test it out first. We would have to make a decision by touching a dirty one-foot square sample.
So we decided to buy the Costco version of the memory foam mattress online. It's made by a company called Sleep Innovations. I figured it would feel similar to the Tempur-Pedic one, and if it weren't comfortable, Costco will take anything back.
It arrived yesterday. It weighs about 80 pounds and comes in a box. Within the box, the mattress is folded up in a vacuum sealed bag. The instructions say to let the mattress decompress for 24 to 72 hours, but by the time we were ready for bed last night, about six hours after I removed it from the bag, it looked like it was ready. It's 12 inches thick, putting us at least 8 inches higher off ground than we were before.
Unfortunately, I didn't sleep very well last night. I woke up at around 4am and had a hard time getting back to sleep. It felt like my pelvis was sinking too deep into the bed. Denisa loves the new mattress, mostly because it's much warmer than the futon. I'll have to give it some time. Hopefully, I'll get used to it.
Update: After a couple weeks, I've decided I like the mattress. For
some reason, my old feather pillow seems inadequate though. I'm tempted to get
some of these fancy Novafoam
pillows to go with the mattress, but $100 each seems pretty
steep.
Update (11/12/2008): Three years later, we're still happy with the mattress.
Due to licensing issues, the Debian packages for MySQL are not built with OpenSSL support. In order to enable SSL, the packages must be recompiled.
server:/usr/src# apt-get build-dep mysql-server server:/usr/src# apt-get install libssl-dev server:/usr/src# apt-get source mysql-server server:/usr/src# cd mysql-dfsg-4.0.23 (or whatever version you're building) server:/usr/src/mysql-dfsg-4.0.23# vi debian/rules
Change --without-ssl to --with-ssl.
server:/usr/src/mysql-dfsg-4.0.23# vi debian/changelog
Add an entry to the top of the changelog.
mysql-dfsg (4.0.23-4-zerolag-1) unstable; urgency=low * Compile with OpenSSL support -- Christian WardenFri, 25 Feb 2005 12:32:05 -0800
Then build and install the packages.
server:/usr/src/mysql-dfsg-4.0.23# ./debian/rules binary server:/usr/src/mysql-dfsg-4.0.23# dpkg -i ../*mysql*.deb
If you already an SSL certificate that you're using with mod_ssl, you can use that. Otherwise,
generate a new key and certificate. See
/usr/share/doc/mysql-server/SSL-MINI-HOWTO.txt.gz
for information
on how to generate a self-signed certificate.
Add the key and certificate to /etc/mysql/my.cnf.
[mysqld] ... ssl-key=/etc/mysql/server.key ssl-cert=/etc/mysql/cert.key
Create a user in MySQL that requires SSL encryption.
mysql> GRANT ALL on db.* to user@10.0.0.10 IDENTIFIED BY 'password' REQUIRE SSL;
Now, you should be able to connect over SSL. Remember that the client must
have been compiled with SSL support too. In order to use SSL, the client
must use the --ssl-ca
option, either on the command-line or in
~/.my.cnf (or [mysql]
section of /etc/mysql/my.cnf).
client:~$ mysql --ssl-ca=/dev/null -h server -u user -p
As far as I can tell, there's no way to actually force the client to validate the servers certificate so it doesn't matter what value you set for ssl-ca. It doesn't even have to exist. This, of course, means that while the connection is encrypted, it's vulnerable to man-in-the-middle attacks.
See /usr/share/doc/mysql-server/SSL-MINI-HOWTO.txt.gz
if you want to use client
certificates to authenticate clients rather than, or in addition to, passwords.
Update: I originally forgot to note that you should update the changelog before building the packages.
The state is that great fiction by which everyone tries to live at the expense of everyone else. - Frederic Bastiat