At 08:33 AM 12/20/2000 -0800, Glencannon Group Ltd. wrote:

>However, if you are a "serious" business and thinking of using
e-gold, it is
>really hard to justify it.  If you do any more than a few
transactions a
>day, you will really need to retain another bookkeeper for a few more
hours
>a week to handle the accounting work.  And if you are larger company,
it
>could involve hiring a new staff member or members to handle the
accounting
>requirements.  And when you look at the e-gold world it is just not
worth
>it.

This statement really just illustrates a lack of understanding of
modern accounting practices, and more especially a lack of
understanding of modern accounting software. Australia has just
introduced GST. Perhaps many businesses who think in this way have had
to hire new personnel to deal with the extra bookkeeping burden. Most
though, probably just upgraded their accounting software for a few
dollars and did a bit of staff training. No problem :-)

Regards,

Sidd.


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