rosenjon

Looks like we're headed for an Epicor 10 deployment at our distribution/manufacturing company. Does anyone have experience with this software that can discuss the pros/cons of implementation and any gotchas?

We are migrating a very old computer system that runs virtualized on top of AIX to being virtualized on top of CentOS Linux. The details aren't that important, but there are a bunch of things that could potentially break as the result of software updates and other issues that will be different between the two systems.

This is a system that has been developed over 40 years, and there is a huge amount of tribal knowledge. I think management isn't even aware of all the processes that are run on it.

We need a system for people to log their daily computer processes and then sign off that they are working on the new system once migrated. Approximately 100 employees using the system in different capacities.

Thoughts on the best way to handle this?

We are looking to transition to a new ERP system. We've been running the same software since the 70's, and it has been highly customized over time.

We'd like to invest in a platform that allows us to modify all aspects of the system, while also starting out with a base that doesn't necessitate starting from scratch (i.e. prebuilt accounting, payroll, etc functions). Preferably the system has an open API for extending the system as necessary, and integrating with third party software.

Any suggestions? We are in the metal wholesaling business.

I have a website that sells products from local retailers. We charge a 5% commission on sales.

Can anyone with experience in this area comment on the proper way to charge sales tax on this kind of transaction.

Assuming a product that costs $10, and let's assume a 10% sales tax, the government is therefore owed $1.

Is the proper way to do this: Scenario A: Charge the customer $11 Give $10.45 to the retailer We take $.55

or... Scenario B: Charge the Customer $11 Give $10.50 to the retailer We take $.50

In Scenario A, presumably we owe the government $.05, which is the portion of the sales tax we have allocated to our cut. In Scenario B, we give the entire taxable amount to the retailer, and assume they will pay the tax.

I presume that either may be acceptable, however my hunch is that one is preferable over the other from a headache perspective. There may also be some rules regarding commissions and taxes that I'm not aware of. Anyway, if anyone has experience with this, would really appreciate feedback on how to do this properly.

I have a bootstrapped startup. I have incorporated as a C corp, and now need to issue stock to myself. What percentage of the total outstanding stock of the corporation should I issue to myself initially? There are currently no investors, but there may be in the future. Are there tax consequences I should be considering for issuing more vs. less stock to myself?