Control Account and Balance Sheet Values

Control Account and Balance Sheet Values

A balance sheet, at a given date, reflects a company’s net worth as the difference between the sum of its asset and liability values. A company’s fixed asset values could run into many millions of dollars and include substantial and extensive investments in properties, plant, vehicles, furniture and equipment. While detailed records of costs and […]

DataRapt Celebrating 10 Years

DataRapt Celebrating 10 Years of Quality Software Development

This year sees DataRapt Limited celebrating ten years in business. The company was started in 2007 by John Clatworthy intent on providing quality software products ancillary to SYSPRO’s ERP offering. Around the same time, Michelle Botha was providing independent SYSPRO support and had developed a toolbox to help with perennial sub-ledger to control account balancing […]

Quality planning and control

In our last blog, we defined quality and touched on how to define quality standards. This blog will look at the steps in quality planning and control. Organizations perform quality planning and control to ensure products or services satisfy expectations consumers have about the design specifications of the product or service. Meeting consumer needs depends […]

Defining Quality

Defining Quality in Organizations

Quality seems to be a term that is thrown around lately without giving much consideration to what it actually means. Organizations are using quality as a unique selling point or key differential. How different can one company’s quality be when they are all talking about it? Defining quality in organizations is what truly counts and what […]

stable ballerina

Where is Stability Important?

Stability is the state or quality of being stable – being consistent and dependable. In this fast-changing, high-paced life, in what facets of our life is stability important? To remain competitive, companies need to be flexible, adaptive and responsive to changes in their environment. People are much the same – the concept of survival of […]