Our JCA (Job Cost Accounting) system is a view of BHRs (Budgeted Hourly Rates) that defies the understanding of rabbinical scholars. Job costs and ledger costs do not cross-validate. Neither provides the continuous and current monitoring of the Five Liquidity Sisters we must now have to survive.
Here's a very recent e-mail comment from one of my long-time industry gurus: ". . . The printing processes, size of firms and the accounting approaches with computers, have all changed dramatically. I wonder if there is anyone who still keeps books and worries about cost accounting any more. With electronic imaging, all that's left is the pressroom, and maybe some finishing. Distribution is more of the game and it's just direct cost, isn't it? The rest is shelf pricing, it seems to me. I could be wrong, but truly, how many printers are left to read your stuff?"
- Places:
- Rocky Mountain