Sherwood Financial Business Solutions Inc

Sherwood Financial Business Solutions Inc I Help Business Owners Understand Their Money By Educating on How to Be Profitable, How To Cash Flow I

I help Business Owners understand their financial numbers to help them make more money and to keep more of that money.

03/25/2024

Yeah, I don't think Intuit understands "enhancements".

They do, however, have a firm grasp of increasing prices for very little ROI.

Changes To QuickBooks Desktop Pricing in 2024
Intuit has already announced pricing changes for QuickBooks Desktop products and services. Prices for QuickBooks Desktop Pro Plus, Premier Plus, and Mac Plus has increased starting Oct 2023.

With enhanced features, improved user experience, and cutting-edge technologies, QuickBooks 2024, empowers businesses to streamline their accounting processes, make informed decisions, and unprecedented levels of efficiency.

Here’s the list of Top New Features Added in QuickBooks 2024:

Track Customer prepayments
Enhanced category management
Detailed Inventory reports
Security Enhancements
Search your item lists quickly
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Supports 64-bit processors for faster work.
SCHEDULE A MEETING with one of our QuickBooks Experts to discuss the new pricing and key features of QuickBooks 2024. They'll help you navigate the changes easily in just a few minutes.
Call Expert: +1855-844-2668

STOP blindly doing whatever a corrupt government tells you to do.Have you learned NOTHING these past 8 years?When will Y...
03/03/2024

STOP blindly doing whatever a corrupt government tells you to do.

Have you learned NOTHING these past 8 years?

When will YOU finally stop giving away your rights and freedoms?

Stop jumping on every bandwagon as the ship sinks.

Breaking news coming out about the corporate transparency act that you're not going to want to miss. This effects YOU!Court Ruling: https://s-corp.org/wp-co...

02/12/2024

Putin effectively telling Biden FU.

If you're not following BRICS, you should be.

If you don't understand the dedollarization of the "petro dollar" aka as the US dollar, you should be.

If you're not following all the big corporation resignations, you should be.

If you're not following all the layoffs, you should be.

If you're not following all the bank closures, you should be.

Russia has reportedly used gold to evade currency restrictions put in place as part of economic sanctions levied in the wake of the invasion of Ukraine.

Under the sanction regime, Russian banks are prohibited from importing dollars or euros into the country. The ban is enforced by locking Russia out of the Society for Worldwide Interbank Financial Telecommunication (SWIFT).

This system enables banks and other institutions to send and receive financial transactions and data in a secure, standardized environment. Because the dollar serves as the world reserve currency, SWIFT effectively facilitates the international dollar system. As the European Council explained it, locking Russia out of SWIFT effectively imposed a currency ban.

As a result, these banks can neither obtain foreign currency (as a transfer of foreign currencies between two banks is generally processed as a transfer abroad involving a foreign intermediary bank) nor transfer assets abroad. This has negative consequences for the Russian and Belarusian economies.

According to a Bloomberg report, Russia has skirted the sanctions and important U.S. and EU banknotes into the country through the United Arab Emirates and Turkey using gold.

With hard currency in the form of dollars and euros, it's much easier for Russia to obtain goods and services abroad through sellers willing to skirt sanctions for cash.

Reports compiled by Sayari, a financial intelligence company, found that financial institutions in the UAE and Turkey exported more than the equivalent of $82 million in euros, dollars, and UAE dirhams into Russia during the first quarter of 2023. The report shows that several of the same institutions that shipped hard cash to Russia also imported gold from the country within a similar timeframe.

One of the Russian banks reportedly receiving cash for gold was Lanta Bank JSC. The owners of the bank reportedly have a controlling interest in GV Gold, a Russian mining company.

The report says Russian banks were trading gold for currency through at least July or August of last year. A Sayari analyst said gold deliveries seem to have expanded to Hong Kong, in addition to the UAE and Turkey.

Sayari described the trades as "circular," and reported that gold and banknotes flowed through a network of intermediaries making them difficult to trace. The D.C.-based commercial risk intelligence provider conceded that the data could not trace the imported currencies to the final destination and said it was unclear if the recipients had direct ties to sanctioned entities.

But it seems almost certain Russia has used its vast gold reserves to obtain dollars and euros to facilitate trade despite the globally imposed economic lockdown.

Sanctions have created a shortage of foreign currency in the country, putting a squeeze on the Russian economy and effectively shutting the country out of the global financial system. Bloomberg reported, “It’s possible that some of the country’s banks sought access to the currencies to facilitate imports and other transactions.”

Bloomberg said it could not independently confirm the cash for gold scheme and it is “not clear” if the banks are still using the strategy.

It makes sense that the Russians would turn to the yellow metal. In the years prior to the invasion, the Russian central bank aggressively accumulated gold. In 2018, Russia overtook China to become the world’s fifth-largest gold-holding country.

The Central Bank of Russia bought $4.3 billion worth of gold between June 2019 and June 2020. According to a Bloomberg report in 2020, “Russia spent more than $40 billion building a war chest of gold over the past five years, making it the world’s biggest buyer.”

Russia also ranks second in the world as a gold producer.

Russia’s investment in gold appears to have paid off.

The country has a lot of gold. And the fact is, there are always people and institutions that want gold – sanctions or no sanctions.

At the onset of sanctions, Russian Parliament head Pavel Zavalny made comments indicating that gold would serve an important role as it attempted to maintain trade and continue selling oil and gas despite global sanctions.

If they want to buy, let them pay either in hard currency, and this is gold for us, or pay as it is convenient for us, this is the national currency. As for friendly countries, China or Turkey, which are not involved in the sanctions pressure. We have been proposing to China for a long time to switch to settlements in national currencies for rubles and yuan. With Turkey, it will be lira and rubles. The set of currencies can be different and this is normal practice. You can also trade bitcoins.

In an op-ed published by MarketWatch in April 2022, Brett Arends said Russia’s plan to use gold makes sense.

Gold is completely private. It is completely independent of the SWIFT or any other banking system. And despite the rise of cryptocurrencies, it remains the most widespread and viable global currency that is not controlled by any individual country.

02/10/2024
01/28/2024

We The People Should Write Our Own Bills for Congress, Just like Corporations Do.
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From The Society of Problem Solvers from The Society of Problem Solvers on 2024-01-28 7:12 am
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We The People Should Write Our Own Bills for Congress, Just like Corporations Do.
By using Human Swarm Intelligence systems
THE SOCIETY OF PROBLEM SOLVERS
JAN 28

From the Society of Problem Solvers -

In any democratic system, the power of the people lies in their ability to actively participate in the decision-making process of government. Currently in America, corporations seem to have carte blanche on writing bills for Congress, simply by backing them with lobbying funds. What if the people took a page out of their book, and wrote our own bill?

Some states allow for ballot initiatives where people can directly participate in writing their own laws. If it wasn’t for ballot initiatives we likely wouldn’t have legalized cannabis in most places still. But now states are making ballot initiatives increasingly difficult. If the people could pass a real federal bill, that would be a much more powerful law.

We have already discussed many times that the number one thing the people in power fear is the rest of us unifying. So that is the most obvious place to start. Let’s find some common ground and write a bill - together - that we then pressure all sides and politicians to back.

Fixing corruption is something everyone should want to do, and we could easily use newer Human Swarm Intelligence systems and Collective intelligence systems to write a new bill together as one people. These types of systems can aggregate one creative answer from millions of people. We wrote about these fascinating systems many times previously including HERE and HERE.

For example, what if you heard that people from all sides of the aisle were writing the bill below together, and momentum was building as the masses began to back it.

Would you want to add anything or remove anything from the bill?

The Unifying The People Act:

Create a new branch of government 100% built, controlled, and run directly by the people whose main purpose is to investigate, prosecute, and penalize anyone who corrupts our systems. This separate branch of government will have the power to impeach and subpoena all other branches of government, and all people. This branch is funded by 5% of our total approved federal budget for every fiscal year. This new branch will oversee all other branches of government, and it gives final supervisory control of preventing corruption in our systems back to the people.

Money from corporations is now illegal to donate to politicians in any capacity. Personal donations are allowed, but the max amount allowed to give to a politician is whatever the federal minimum wage is at the time. Right now that is $7.25 per hour, so that is what the max donation is allowed per candidate per person per election cycle. All donations must be public knowledge and completely transparent.

All politicians must submit to Social Credit Scores (like we wrote about HERE), effectively turning the technology cage they want to have over humanity back on them. If they have nothing to hide then they should have nothing to fear, right? This includes having full transparency with every politician. All of their actions must be recorded. Every meeting they have, or vote, or phone call they make will be recorded and put online. Bills will be posted in full for constituents to review before representatives are allowed to vote on them. Representatives swear a new oath to read and understand all bills before voting on them, under penalty of law. A failure to read and understand a bill before voting on it, or a failure to record any meeting or phone call or interaction intentionally by a representative will now be a crime. And the systems used to record them will be independently controlled by elected civilians in our new branch of government. When anyone talks to our representatives they are talking to the people, so we have the right to see all interactions, bills, deals and proposals. All government actions and systems must be fully transparent except the very top military government secrets and ongoing court cases. Additionally, all non transparent government items and all branches of government must have civilian oversight committees as decided and controlled 100% by the people. There also must be federal judicial oversight for the top secret files, where civilians pick federal judges at random to view all non-transparent files in order to deem them Constitutional and worthy of secret classification. Anything deemed “classified” has to meet a strict criteria to be kept as such. And all classified files have expiration dates.

Each government agency is responsible for working with the people to create a feedback system so the people can directly see-how each branch and politician votes on every bill in direct alignment with how their constituents feel about the policies in that bill. This system is also 100% controlled by the people, and covers everything from spending to contracts. Then, each representative will be graded in real time. If 99% of the constituents want one policy, and the politician acts the other way, now everyone can clearly see there is a rift.

We will create a new decentralized investigative journalistic press using human swarm intelligence systems. And we - as one people - will ask tough direct questions of all politicians and powerful people. The people will also control all political debates this way. All representatives must voluntarily subject themselves to questioning on a regular basis using this system as a way to continuously be held accountable by their constituents. This way The People can directly interview whoever we choose, whenever we choose, like we wrote about HERE. We can also open journalistic investigations in a decentralized way on anyone suspected of corrupting our systems.

All laws and legislation must be results-based from this point forward. Our epistemology now starts with whatever problem we are addressing. So all new bills must state the specific problem being addressed, and that problem must have stated goals that are measurable whenever possible. We will use metrics to see if the policies are working, and have reevaluation time periods for all bills to see if the new laws are working as intended. If they are not, we must either adjust the laws or remove them from the books. There are too many failed policies that are not results-based that never get removed from the books. This is true for everything from education systems, to drug laws and more.

Can you think of any provisions you would like to add to a bill like this?

Let’s take a page from the corporations and write a bill of our own, We The People. We can find common ground with our fellow Americans, starting with fixing the corruption in our current systems.

01/26/2024

You all need to learn how to say NO more. For a multitude of reasons not just business related.

Backstory:

Called Spectrum to drop certain services (I'm tired of paying their extortion-like prices).

As retention bribe and their hope I'll go over the usage allowed (so they can charge more fees) they're sending me a "free" tablet.

All I have to do is pay shipping and sales tax. Meh, ok.

Within minutes I receive the following email:

To complete your order, we must receive a copy of a valid form of government-issued photo identification (driver's license, passport, government ID card) by January 24, 2024, as well as one of the following documents:

• Current utility bill at the service address

• Business license

• Articles of incorporation

• DBA name registration

• Tax ID Number (TIN) or Employment ID Number (EIN)

• 1099 Tax form, Tax documents

• Dun & Bradstreet Number

Please Upload Your Documents

Upload

My response?

No.

Cancel the shipment and refund the shipping and sales tax.

It was never told to me you needed this information and quite frankly, most of it's none of your damn business.

End of story?

My tablet's being delivered today.

01/06/2024

When the greatest advocate of Intuit makes this comment, you all should be concerned.

"QBO is best in class (but the smart kid in a dumb class)"

10/13/2021

C’MON! 👏🏻

07/26/2021

If your accounting professional doesn't know the difference between automatic invoice and automatic payment, you should find a new accounting professional.

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