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	<title>CFOsnafu.com &#187; Invoices</title>
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	<description>Some days it should be legal to keep two sets of books</description>
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		<title>Is &#8216;close enough&#8217; good enough for company&#8217;s books?</title>
		<link>http://www.cfosnafu.com/is-close-enough-good-enough-for-companys-books/</link>
		<comments>http://www.cfosnafu.com/is-close-enough-good-enough-for-companys-books/#comments</comments>
		<pubDate>Fri, 03 Oct 2008 10:00:32 +0000</pubDate>
		<dc:creator>Shane Borer</dc:creator>
				<category><![CDATA["Seemed like a good idea at the time"]]></category>
		<category><![CDATA[Bad investments]]></category>
		<category><![CDATA[In this week's e-newsletter]]></category>
		<category><![CDATA[Latest news & views]]></category>
		<category><![CDATA[Credit card]]></category>
		<category><![CDATA[Debit card]]></category>
		<category><![CDATA[Invoices]]></category>
		<category><![CDATA[Parliament]]></category>
		<category><![CDATA[Purchases]]></category>

		<guid isPermaLink="false">http://www.cfosnafu.com/?p=233</guid>
		<description><![CDATA[Most companies want finance employees who are precise, but this business is saying goodbye to exactness. Nova Scotia&#8217;s Just Us! Coffee Roaster Co-op Cafe has an interesting financial rule in effect: &#8220;No pennies.&#8221; After a bill which suggested abolishing the penny was introduced in Parliament in April, a Halifax branch of the cafe decided to [...]]]></description>
			<content:encoded><![CDATA[<p>Most companies want finance employees who are precise, but this business is saying goodbye to exactness. <span id="more-233"></span></p>
<p>Nova Scotia&#8217;s Just Us! Coffee Roaster Co-op Cafe has an interesting financial rule in effect: &#8220;No pennies.&#8221; After a bill which suggested abolishing the penny was introduced in Parliament in April, a Halifax branch of the cafe decided to adopt the practice.</p>
<p>&#8220;It became clear to us that the amount of time we spend taking care of pennies wasn&#8217;t valuable in the long run,&#8221; said supervisor Ned Zimmerman. The cafe now uses a rounding system for customers who pay with cash. Depending on what an item rings up as, either the customer or the cafe shells out the extra cents to round the total to the nearest five cents. (Credit and debit card purchases don&#8217;t physically involve pennies, so they&#8217;re not rounded.)</p>
<p>&#8220;At the end of the day, our cash is rarely off by very much,&#8221; said Zimmerman.</p>
<p>A recent study by the Desjardins Group, a Quebec finance company, estimated that keeping the penny in circulation costs the country $130 million annually.</p>
<p>Parliament Member Pat Martin, who introduced the penny-eliminating bill, thinks the government should stop production of the penny at the end of 2008, which happens to be the coin&#8217;s 100th anniversary.</p>
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		<item>
		<title>Would you hire these 8 finance applicants?</title>
		<link>http://www.cfosnafu.com/would-you-hire-these-8-finance-applicants/</link>
		<comments>http://www.cfosnafu.com/would-you-hire-these-8-finance-applicants/#comments</comments>
		<pubDate>Thu, 31 Jul 2008 09:59:46 +0000</pubDate>
		<dc:creator>Shane Borer</dc:creator>
				<category><![CDATA["Seemed like a good idea at the time"]]></category>
		<category><![CDATA["Would you want this person in Finance?"]]></category>
		<category><![CDATA[In this week's e-newsletter]]></category>
		<category><![CDATA[Latest news & views]]></category>
		<category><![CDATA[Accounts payable]]></category>
		<category><![CDATA[Invoices]]></category>
		<category><![CDATA[New hires]]></category>
		<category><![CDATA[Potential hires]]></category>
		<category><![CDATA[Reimbursement]]></category>
		<category><![CDATA[Self-employed]]></category>
		<category><![CDATA[T&E]]></category>

		<guid isPermaLink="false">http://www.cfosnafu.com/?p=167</guid>
		<description><![CDATA[What looks good on paper doesn&#8217;t always sound good out loud. But that&#8217;s no reason to write off a potential hire. Below are our favorite resume one-liners, and why we might give the applicants a second chance: &#8220;Married, eight children. Prefer frequent travel.&#8221; &#8212; Sounds like he&#8217;d have T&#38;E reimbursement down to the letter. &#8220;I [...]]]></description>
			<content:encoded><![CDATA[<p>What looks good on paper doesn&#8217;t always sound good out loud. <span id="more-167"></span></p>
<p>But that&#8217;s no reason to write off a potential hire. Below are our favorite resume one-liners, and why we might give the applicants a second chance:</p>
<ol>
<li>&#8220;Married, eight children. Prefer frequent travel.&#8221; &#8212; Sounds like he&#8217;d have T&amp;E reimbursement down to the letter.</li>
<li>&#8220;I am a rabid typist.&#8221; &#8212; We can&#8217;t wait for her to sink her teeth into that stack of invoices.</li>
<li>&#8220;Objectives: 10-year goal: Complete and total obliteration of sales and federal income taxes and tax laws.&#8221; &#8212; He&#8217;s either <em>really </em>into SSTP or an anarchist. Either way, month-end just got smoother.</li>
<li>&#8220;I am the king of accounts payable reconciliation.&#8221; &#8212; After a few months, he&#8217;ll wish he was the jester.</li>
<li>&#8220;Reason for leaving last job: Pushed aside so the vice president&#8217;s girlfriend could steal my job.&#8221; &#8212; If nothing else, she&#8217;s honest.</li>
<li>&#8220;I eat computers for lunch.&#8221; &#8212; Just keep him away from the invoice scanning system, and he&#8217;ll do fine.</li>
<li>&#8220;Previous experience: Self-employed &#8212; a fiasco.&#8221; &#8212; Sounds like a team-player if there ever was one.</li>
<li>&#8220;Excellent memory; strong math aptitude; excellent memory; effective management skills; and very good at math.&#8221; &#8212; Good thing she&#8217;s accustomed to repetition &#8212; there&#8217;s a lot of it coming her way.</li>
</ol>
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