Thursday, January 14, 2010

Thoughts on iPhone accounting



Yongaccounting till 14 Jan 10 stop

Sap focus on business process, lots of consultant and customization.

Maybe I should finish my acc inv tomorrow and start a cheque writer online. 100% free. Print on any printer. Customizable check size.

The present of supplier is a good entry point to adsense. It makes more sense to focus on a part than the whole accounting.

Segment: sg then my
Small business with no software
- got writer, moving to less keying
- got printer n Internet

Target
- small business and personal

Position
- 100% free
- any printer
- any check
- less time on writing check

Competitive
- customized to new check n bank
- free supplier suggestion
- summary of supplier spending
- add on module, anyone can be a developer. Upload. Anyone can use it.

5 years ahead

- blog on my development
- yongaccounting? Yongbusiness?
- alliance with bank? A free service to their customer. A threat from online sharing give iTunes a chance to sell music online.

Operation is more important than accounting!






- business software
- create invoice
- print check
- search supplier

Segment:
1. Large business & government
2. Medium business
3. Small business traditional
4. Small and new business - likely to buy
5. Small, new and online business - do not tax
6. Oversea small business
- my, Indonesia

Target
Small and new business - how many new business a year? P&l important? Create invoice. print. email.
Small business does not like to do accounting.

500 new business a year
Listed in income tax website?

Position
Online and free
- flexible to add field to your invoice
- like mozilla, developer can add on

How many developer in sg? 0
International? 10

- many company
- add on
Invoice
Bill
P&l


Abc costing

The world check printer costs $40. I can make a better online check printer and open to the public to print and customize their bank check. Make it free and use adsense.

It may be easier than making an accounting system. Talk to sap fir more information.

Talk is so important that new ideas are generated.

If I do the eqo into the supplier side. A suggestion on how many to order. I can also do on the cost of a product, based on fix cost.

I have done an easier website. The format is killing me. Lucky, I intend on the desktop more than mobile.

Alvin has asked a very solid questions. How many people want iPhone accounting?

Paypal is quick enough to know there is no demand on mobile money transfer and adapt their product to online payment.

It answers why my mobile personal trainer never sell to cover my development cost. It does not even work to build muscle. When I change my hp, I lost all data and stop going to gym. It is also inflexible.

There is demand for mobile quickbook but it is little, not a lot in the us. We have quality problem, trust issue and huge support cost on new version of window, pocketpc etc.

I better do my invoicing on desktop. Make it free and support by adsense. Mobile is just an added benefit for a small group of users.

How many people want online accounting?


Offline mode to speed up the invoicing. It takes 2 seconds for Ajax to work. So database for item, customer and new order.

Partial client for item and customer, invoice is directly online.

Goal: work online with fast offline product database.

Client Database

New item - go online ? Assume most people has Internet and desktop use only.

For control it is better online. If client, it can be destory easily by a reset?

A form based invoice. Submit up. If fail, still got data to submit Again.



Item
- id primary key
- name text
- idItem text
- quantity text

Customer
- id primary key
- name text
- idCustomer text
- address text

Invoice
- id primary key
- date text
- idCustomer text
- memo text

Invoicedetail
- id primary key
- idInvoice text
- idItem text
- quantity text
- unitPrice text

Go Singapore event and give out namecard. Get email. Get snapshot.

Alvin: he is really an exprience sale person

His first question: How many people want accounting on iPhone?

An add on to existing software for current companies. Talk to engineers instead of the boss. The boss do not know.

What is the feedback?

Email people to use your website. Include a screen shot of your website. Have a pack of namecard. Take extra as you do not if you may meet someone important. Collect namecard more important give namecard. Put a pack of your namecard in your wife bag. Ask your wife to help, she can easily tell many people.

Comment on myob, it is available everywhere. Why are they successful? They advertise everywhere. They target new business or someone going computerized.

The son or daughter is the important decider.


Yong cheque writer

Many HHS customer are not using software to write cheque.a big pool of customer. Make it easy.


Create a free online cheque writer. Enter payee and amount, and print cheque with your own printer. You can customize to your bank cheque. Or select cheque format from user generate list.

It is a smaller business than accounting. Talking to sap makes me think that user is more concern about his business process than accounting. Operation is the making money while accounting is a post business activity in the night.

Straight into business. Traditionally, into business and transfer to accounting software.

Send to all HHS customer to use the cheque writer.