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| As of July 1, 2006, the Federal GST Rate is being reduced to 6% from 7%. Your GST Rate can be set in your ASI (System Administration / Modify System Status / Change Company Information) menu. Simply change the rate from 0.07 to 0.06. This should be done on July 1, 2006 (not before), prior to any processing. As changing the tax rate is not date sensitive, you should remember that if any transactions dated prior to July 1, 2006 are edited after you have changed the rate, the GST will recalculate to the new rate of 6%. You will have to manually calculate and change it back to 7% before re-saving the transaction. Setting your audit dates to avoid the editing of old transactions which may affect GST calculations may be prudent. |
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| It would be possible for Minotaur to configure an upgrade that would make the rate change for the GST be date sensitive. You would be able to enter the new rate, and the date that it is effective. Then, any transactions that are edited with a date prior to the change would calculate using the rate in effect at that time, rather than the new rate. This would avoid the need for manual tax recalculations when editing, and also avoid incorrect tax amounts should the user not remember to recalculate. If this might be something that you are interested in, please contact Minotaur Software as soon as possible. Once we have an idea how many of our customers are interested, we can decide whether it would be worthwhile to make an update. |
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Norjohn Limited— Located in Burlington, ON, Norjohn Limited is a division of Walker Industries. This emulsions company has over 30 years experience in producing quality asphalt products for industrial applications as well as innovative wax emulsions for use on engineered wood products, gypsum, pulp and paper, and more. Visit them on the web at www.walkerind.com. |
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Isomers Laboratories Inc. — Located in Toronto, Ontario, Isomers is a manufacturer and distributor of specialty skin care products for dermatologists and retail markets, including exporting substantially to Europe and the UK |
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Our web site is not just for prospective customers, there is a lot of value for our existing customers also.
We have added new links on each page for easier navigation.
Be sure to review the handheld and touch screen interface information pages.
Remember reading about something in a prior newsletter and lost your copy? No problem. All prior newsletters are available on the website. In fact, everything on our website is searchable. How?
Enter your key words including Minotaur, into your Google search field. Eg. To find Minotaur’s advice about backups, enter, Minotaur backup, on your Google search page and it will pull up all references to backups including old newsletter articles. It couldn’t be easier!
Keep up to date on the 2006 User Conference Schedule.
Sign up additional employees at your office to receive the newsletter, or switch from a printed copy to our emailed version.
Stay tuned as upcoming user conference information will be posted on the site.
Sign up additional employees at your office to receive the newsletter. |
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| You already recognize how flexible the User Defined Category Fields are on your item master. Using Minotaur’s new attribute system, items can be grouped and analyzed using text, date, numeric and yes/no information. |
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| If you would like more information on incorporating attributes into your Minotaur System, please contact your Project Manager. |
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| Each year, we host a User Conference to bring you up to date on new options available. It’s free, we provide lunch, and we also offer training sessions on advanced features like our report writers, while giving you a chance to connect with fellow users. |
| We want you to get the most out of your Minotaur system. So, if you have a workshop topic that you would like to see, send an email to wendy@minotaursoftware.com by July 7th and we will do our best to include it. |
| We’ll provide more details in the next newsletter, but for now, just mark your calendars for the week of October 23-27th. We look forward to seeing you! |
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| Minotaur continues to provide our customers with solutions to better manage their business. For manufacturing and distribution business that also operate a retail store, an integrated computerized store checkout system will enhance business management through improved inventory controls and transaction processing. |
Minotaur’s Point of Sale Module takes you beyond the basic point of sale functionality. |
- Product labeled with Minotaur System generated bar code labels can be scanned for easy checkout.
- Monies tracked by payment method and change calculated when appropriate. ie. Visa, mastercard, cash, etc.
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- End of day reconciliation report. This can be run by till and summarizes sales by payment method allowing you to easily reconcile your cash drawer, visa, mastercard, etc.
- Management and Operations can monitor store activity at their convenience.
- Retail store transactions update inventory levels and general ledger in Minotaur in real time.
**Retailers use Moneris style systems to process credit and debit cards with their Minotaur POS system.
| Could this module help you better manage your retail sales and inventory levels? If so,contact your Minotaur Project Manager for more information. |
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Helping you work better
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| Minotaur’s Newsletter is used to keep our current and future customers up to date on software enhancements and happenings at our company. For a free subscription to this publication, just click this link SIGN ME UP. |
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Out of the Maze is a publication of Minotaur Software Ltd.
18 Automatic Road, Unit 27
Brampton, ON L6S 5N5
Phone: (905)458-7575 Fax: (905)458-5585, Copyright 2006
Please write to us with your comments.
info@minotaursoftware.com |
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| Out of the Maze is published to inform our current and potential customers of the latest events and happenings at Minotaur. |
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| The information in this newsletter is provided to customers to use at their own risk. It is not intended as a substitute for professional advice. |
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