Universal Key discovered in Accounting for all Businesses

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This is new technology I would like to get out to you. If you would like a 15 min webinar, send me a private message and we can set up a time.

Scientific solution separates labor from inventory allowing any business to set and control their profitability.

Patent# 7,742,957B2 is the next logical extension to accounting as it is a verifiable mathematical approach that brings accounting full circle. Each business, based on costs, will know the exact profit or loss in each fee charged or product sold. It allows every business to set competitive prices and to see how one fee offsets the other to create and form their profit. Based on costs, it will show if you can make the wages you want, how much time you can take off and how productive you need to be. It can show you how to project a fee at any profit level and conversely, it can show the exact profit level in any fee you charge.

This technology forms the engine for the Profit Solver®, a patented software that creates a direct relationship between the prices charged and the cost structure of any business. Every business will know how to cover wage increases and healthcare and increases in overhead. Before you even start a business, you will know if the prices you want to charge will cover your costs. Every business will know a breakeven on each service performed or item sold at any level of sales.

This approach does not change accounting, but is the next logical step to understanding how to cover your costs through the fees you set. This patent is a “market changer” as it will allow software companies to capture market share from their competitors. According to Fee Technology founder Dan Zalta, "in less than 2 years from today you will be able buy an accounting or managerial software that still records your costs or you will be able to buy one that not only records your costs but shows you how to make any desired profit. This "universal key" is the front end to accounting as it will open up a new path for accountants to show a business how to set and control their profitability based on costs.

This universal solution can be applied to any individual, company or government worldwide and can show:
• How individuals can “bill themselves out” to make the income they want in the time frame they want to make it in.
• The exact profit or loss in each fee set for service companies and how one fee offsets the other to create profit.
• How to be competitive and still achieve a predetermined profit.
• Where to ask vendors for specific price reductions.
• The exact breakeven on each item produced, at any production level and the exact profit or loss on each item produced at any production level for manufacturers.
• How to cover costs and achieve a desired profit.
• The exact profit or loss in each reimbusement fee from insurance
 
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More information

Do you have a website or somewhere I can learn more before doing a webinar?
 
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More info

Google " Profit Solver" (you cannot put a website in this forums text message) Go into the service businesses, as an area, and you will find demos that lead you through jumps in the math. Each one of the 5 demos will lead you through a different jump and concept.
 
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Okay, I went to the website, watched the demos and I think I get it. Gross Margin is the KEY?
 
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Gross Margin is the key

Yes, gross margin is the key. It separated inventory and outside services from labor, and then sets billable labor as a percent of gross margin. COGS is now defined as inventory and outside services, ie..those costs you want to track directly to the invoice with a markup for profit. Below gross margin, its the billable employees who cover all the other costs. If you separate the other costs into billable employee costs, non billable employee costs, and overhead then it turns each billable person into a profit center. Those 4 categories, billable, non billable, overhead and profit are a percent of gross margin. Profit dictates how each billable employees is billed out of each gross margin dollar. Mathematically, each billable person gets billed out to cover themselves (cost) and their share of non billable and overhead (breakeven) based on their makeup or cost of the total billable cost. The more you cost as a billable employee, the more you get allocated of non billable, overhead and your share of profit, the less you cost, the less you get allocated.
 

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