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.

Why?  It's a simple layered FIFO inventory tracking method with 
an adjustment at the end of the period, i.e., quarter, year, 
etc,  for the gain or loss.  It can be done quite easily with 
many software products or on a spreadsheet.  We do it internally now.

George



______________________________________
George Matyjewicz,  Chief Executive Officer
Standard Reserve Corp. -- Atlanta, GA
Acct# 120018      Tel: 770-300-3070 Ext 2818
World Wide Currency for the World Wide Web
http://www.standardreserve.com
mailto:[EMAIL PROTECTED]


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