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FTP Backup's now Availible in Revelation
Cryptoware Attack on the Rise !!!



It has recently come to our attention that the Ransom Software onslaught on PC’s, such as the Cryptoware Virus, is on the rise.
Cryptoware writes code to your Microsoft Data Files (such as the MS-Access data that Revelation uses, and other Microsoft data such as Word Documents etc), and Encrypts them with a Lock File. You can then no longer access that Data. You will get a notification in some form or another that either your Data or in the latest case, the entire PC has been locked AND that you will have to pay a ransom amount to have the Data unlocked or retrieved.

In most cases, even if the ransom amount was paid, the data or PC remains encrypted.

This seems to be only the beginning of things to come, as more and more people are looking for easy money. The onslaught is also not limited to one area in the world, but new variants are being cooked up all over.

How does this effect Revelation Users?

It is one thing to make regular backup’s, but quite another to look after such backups. We have noticed most of our clients ONLY rely on the Quick Backup engine in Revelation that makes a Backup to your local devices. However, the Cryptoware also infects ANY backup or Device that is attached to the PC.
The other, MUCH LARGER issue, is that most clients do not back up their ARCHIVE DATA. Initially this does not seem like a big problem, BUT, once the Auditors start calling for Historic data, you are in deep water. The Receiver of Revenue has now also increased the Advice requirements from 5 YEARS to 9 YEARS. SARS has also legislated a ZERO Tolerance for non-compliance to the archiving rule, even if the failure is due to circumstances beyond your control (like Fire or in this case, a Virus attack).

What can you do about this?

For a small fee increase to your SLA (See: http://www.revelation.co.za/Products_PricingOptions.aspx), we now offer an extended FTP Backup engine that also caters for Archive and Month-end Backups. As from the 1st of July 2017, you will now have the option to select ALL your backup sets (Including Year-end Archives, Pre-Month-end and Quick Backups) to be backed up to the FTP Server.
How does it work?

     •    First and foremost, you will need a reliable Internet connection.
     •    On existing Revelation, you will now notice a new Prompt for FTP Backups
          o    Click on the FTP Backup option
          o    Accept the Terms & Conditions
          o    Select the Backup sets you would like to include
     •    Send us a revised SLA that now includes the FTP Backup Options
          o    You may either download the SLA from our Website
                http://www.revelation.co.za/Demo.aspx
                Or
          o    You may click on [Help] in Revelation - Toolbar. Click on [Support Contract]
     •    Regularly check your FTP backups by clicking on [Help] – FTP Backups

DO NOT BE CAUGHT OFF GUARD ON THIS ONE, YOUR FUTURE MAY DEPEND ON IT !!!

Disclaimer

It is Important to note that ONLY the Revelation Data is backed up. NO 3rd party data will be backed up!!! Further we can not guarantee the integrity of the data. If the data is corrupt at the time of backup, it will remain corrupt. See terms and conditions for full disclaimer details.

Please contact Revelation on 086 111 55 33 or +27(11) 609-1275 for more information


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Workflow Menu Officially Launched

With the recent release of Windows 10, Revelation has released the new, unprecedented Workflow menu. The innovative and easy-to-work-with menu has been designed to make it easier to work on a day-to-day basis with the option to customize the theme of the menu, making it more personalized to the Revelation user. The release of the new menu places Revelation in the forefront from its competitors in regards to Development and Customization.

The new Workflow menu allows the user to personalize their Revelation with the use of Themes. We have 9 different background colours to choose from and 8 different colour sets that change the colours of the Super Menu (Menu list on the left) as well as the headings.

In order to change your theme, click on [Themes] towards the top of your Revelation main screen. Please take note that Revelation has to be on the newest version in order to access the fully-functional Workflow Menu.

Another change that has been made, is the location of some of the menu buttons have been relocated and conveniently renamed to make processes in Revelation much quicker and more efficient. With these changes, Revelation allows for users to work more effectively with the use of an aesthetically pleasing and effortless Menu.

In order to not alienate existing users, we have not removed any of the older menu types and for those users who wish to revert to the older menu types, they can simply do so by changing menus in “Preferred Main Menu Type” within the User’s Preference.

 

We hope you have fun experimenting with the different colours and themes and new and improved functionality that Revelation has to offer!


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The Best just got Better. SQL is here.
This has been a long time coming but it is finally here. Revelation SQL is going to knock your socks off. The R&D team under Leadership of Mr Glen Pearce has been hard at work and we are proud to announce that the main modules have now been completed.
We are still Beta Testing some stability and network issues, but according to Pearce: “We are on track and should be ready to launce by no later than the 2nd quarter of 2013”. The project has been delayed due to the Launch of MS-Windows 8 as well as some SQL issues with MS Server 2012. This should however only cause minor holdup’s that, according to Pearce, should not be a cause for concern when he said: “Has there ever been a challenge the Revelation could not overcome. SQL is due to revolutionise the SME market as most of our competitors still use outdated Database file to handle their data. Revelation customers will be able to upgrade to the new database by a simple click of a button.

The database will be available in either SQL Express (for smaller companied) or the now legendary MS SQL Server. The latter is aimed at our larger clients that have been concerned with the current MS- Access Database. Pricing has been well thought through keeping Revelation as one of the MOST affordable Accounting and Business Software packages available in the Market. Current Marketing Manager Vernon Shirley said: “We were concerned that we would scare off potential clients if we did not keep prices low. Our clients have always relied on a Good product that was well priced. We have done exactly that”. Shirley also promised that existing clients will be very impressed with our now Legendary Trade up deals that has made Revelation so successful. “Clients don’t want to feel that their initial investment is going to waist” Shirley said. Existing clients will also be able to make use of our “Early Bird” special. Any client that upgrades before the official launch date (30 June 2013) will qualify for a significant Discount. So please don’t delay as the BEST JUST GOT BETTER!!!

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Are you still in Charge of your Company.
Whilst many outsourced accounting and auditing consultants may have their preferences regarding accounting software and suppliers, tending to promote such preferences to their clients, consumers have the right to choose the accounting software and supplier that is most suitable for their individual requirements. It is a well-known fact that Revelation Accounting Software was one of the very first accounting packages to see the light in South Africa and Europe.

Glen Pearce and his team first Developed PC based Software back in late 1979 to 1980. Although we are not as big as some of our competitors, we have established ourselves as a reliable and affordable business package that offers some very unique features. It is especially true when looking at stock and stock control. Of late however, we have noticed that some companies are being strong armed by their Auditors to move over to the Auditors Preferred Software brand. When enquiring about the reason why they want their clients to move, in other words which feature in Revelation no longer suits the business, it is obvious to us that it is not necessarily for the benefit of the client, but rather to their own benefit. By placing their client on the same platform as themselves, they are enrolling the client’s staff as capture clerks. The data can then be exported to their own systems with very little effort. This is great for them, but not always the best option for the client.

This is especially true when dealing with Inventory based Businesses. I once put it to a potential migrating client: “So, how long have you been working for your Auditors”. Without thinking she started rambling off the period. As she was talking, it all of a sudden downed on her: “Her Auditor was calling the shots”. Needless to say, we kept our client. The Auditor works for you, not the other way around. You should use the software that works for your organization, not what works for the auditors.

For this reason, Revelation has had a long standing offer to all Revelation clients that their Auditors may acquire a Revelation Empire Builder package at no charge. We often advise new clients if we cannot meet their requirements, and then refer them to the correct package, this has never been an issue, but to simply change for the sake of changing...It is very common for clients that have migrated to be back with us not long after they have changed: This, at a huge expense to the client. If something is not working for you in Revelation, talk to us first. IF we cannot help you, then by all means migrate, but don’t just move because you are strong armed into it.

Revelation is currently doing duty at the Lonmin Platinum Mine and several other large organizations. We have stood the test of time and will be serving our community of clients for many years to come. I leave you with this thought. Imagine if all the people in the world were forced by the banking clan to let us all bank with one bank, or we were all forced to drive one make of car. David stood up to Goliath, so can you.

You have worked hard to get your business where it is today. Revelation has been a key partner in assisting you with achieving that success. It is your decision, not your Auditor. They work for you remember...

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Smile and wave Boys - Smile and wave...
The difference between Markup and Margin, when dealing with Business Profitability, has long been a subject of contention and debate in many Business Circles. One only needs to do a quick Internet Search, to see that this subject has many a person struggling with the two concepts and more specifically, their applications in Business Accounting.

One of the many hats that I wear, as part of the Revelation team, is to humour students with my presence on Tuesday afternoons. Our afternoon session is mostly spent on stock and stock control. Before the day is over, it is ineffable that we run into the subject of how Selling price should be calculated. Without fail, most students (including hardened accountants and long standing business owners) get their wires crossed on the difference and application of the two concepts.

This week, I will attempt to score some merit points by, hopefully, clearing up this mystery subject once and for all. For once, I would not mind a bit of feedback in order for us to see if we are on target or if we should revisit our approach on the matter....Enjoy!!! Buzz Upstart (Commander) buzz@revelation.co.za

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The Bridge to the Dark side!!!
Labour recovery on Manufacturing – The Bridge to the Dark Side I have often stood in amazement as to how the human brain interprets different information based on pre-conceptions and personal priority. The IT guru will always overspend on Computers whereas someone with a mechanical background tends to apply the company funds toward transport.

The manufacturing department is no different. I have been to so many clients in the manufacturing industry and each one of them has their own take on the concept of recovering Labour as a component of manufacturing. For those of us that do not deal with manufacturing, the principle of labour is as follow: When a worker is employed in the manufacturing plant, he or she is paid a wage. This is more often than not an hourly rate. They are also very often placed in some form of assembly line. This leads to the tendency to monitor productivity (Wages vs. Output).

The big question now is, should labour be treated as a component of the manufacturing process, that is to say, treat labour as if it is a product used in the recipe of the manufacturing process, or should labour be excluded and simply form part of the overhead component of the company. This Journalist is of the opinion that “Labour is the bridge to the dark side”. Why, because it now opens the debate as to where the line is supposed to be drawn. If you include Labour as a component, the minute you sell the product, you are Recovering Wages.

Wages is then no longer a variable expense to the company but rather a Cost-of-Sales. Now this is where things get interesting. Surely you have also included Electricity into the manufacturing job. Electricity may be measured and also recovered, just like labour. Why pick on labour. When this argument is followed to its conclusion, you will have to factor all your overheads into the manufacturing process.

This becomes a slippery slope. What are some of the problems associated with labour in the manufacturing equation? Well, for one, you are now overvaluing your cost price of the unsold product. If the components cost R 10.00 without labour and labour was stated at R 10.00, the new average cost price per product now becomes R 20.00. You have in other words had a gain in assets which should now be played off against wages paid.

The logistics just becomes a nightmare. The easy solution to the problem is to simply compensate for your overhead with the correct markup and margin. By all means, monitor productivity but do not get caught with the temptation to recover wages as a component. If you do, however, my opinion is that you should either work all the overheads into the manufacturing as a component or non-at all. You decide.

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AVERAGE vs LATEST Cost
I am amazed at how many People are still battling with Basic Accounting issues in this modern age. This week, our support Centre was inundated with questions about the difference between Average and Latest Cost, and when to use which. In this article I hope to shed some light on the subject. I really hope that this will clarify and demystify this often touchy subject. ENJOY!!!

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Cost-of-Sales - YES or NO
The Controversy Surrounding C.O.S - by V.E. Shirley

There has been a big deliberation about the controversy surrounding Cost-of-Sales, in general, as well as in Revelation. Must COST-OF-SALES be switched ON or OFF. To try and clarify this issue, we have recently written and article about Cost-of-Sales as well as tried to explain the advantages of having Cost-of-Sales running in your Company in Automated Mode.

First of all, we would like to explain why cost-of-sales is not switched on in so many Revelation users’ packages. It is actually very simple. Revelation is the very first accounting package to run on a pc in South African (and many countries in the western world). When pc based accounting was introduced, auditors were not familiar with the concept of automating the cost-of-sales process. This was largely due to the fact that most auditors of the day, still kept a manual set of books as pc’s were not trusted till much later.

Being the leader in PC accounting, Revelation took a conservative stance, and left the calculations up to the auditors to rather post journals to calculate stock and cost-of-sales (not a recognized term at the time) as we did not want to alienate the auditing fraternity. Up to this point (Revelation Plus) we kept the stock ledger separate from the rest of the ledgers. It was only with the introduction of Revelation Pro, that stock was integrated. It was also at this point that auditors recognized the benefit of computerized accounting on a wider scale (as well as started to really trust PC-based systems).

Revelation was also the first company that allowed package upgrades that allowed you to import the entire ledger system into our subsequent updates (A practice that continued to this day). The reason was obvious, we did not want users to loose information when upgrading. Unfortunately, the downside to this process is that bad setup’s and habits were also transferred.

Revelation incorrectly assumed that Auditors and bookkeepers would automatically switch on improvements like Cost-of-Sales. Sadly, this did not always happen. Many Revelation users still use the Opening and Closing stock method to calculate stock. New up and coming auditors and bookkeepers do not realize that this option can simply be switched on with a click of a button and two simple journals. They then recommend to users to rather migrate to opposition products. WE THEREFORE HIGHLY RECOMMEND THAT YOU CHECK IF COST-OF-SALES IS SWITCHED ON. IF NOT PLEASE INVESTIGATE THE OPTION TO ENABLE THIS FEATURE.

To find out more...or to enable Cost-of-Sales, Please download the following document.

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