Bc Home Quest Uncategorized Have you stopped taking supplements to be healthy? Or do you just think you have?

Have you stopped taking supplements to be healthy? Or do you just think you have?

Ever wonder whether the drugs you ceased taking might still be getting into you?

Yup. (admirable intention!) recycling more, right?

You must have seen the articles on recycled water. As predicted, our world is running out of water… meaning we are recycling more. Secondhand water.. and once again, we just decide not to be concerned about whether it’s better. We choose to just trust the giant corporations that contract to provide this technology.

No longer does it simply fall from the sky – a gift from God.

Now it’s a way to make money. An investment.

And those supplements, pharmaceuticals, drugs we used to take.. well, do we KNOW that they aren’t in our newly laundered water? No! We don’t even think about it!
So here’s the bad news.
Residuals of the drugs and personal care products that we – all of us – consume in our lives every day are excreted – or are washed off us during our daily shower or soak..
Hey, we even dump them down the sink drain. Yes, we are being good little world citizens by cleaning out our containers for recycling. And down it goes, into the aquifer, and the sewer, and back into our recycled water!

Yes, the waste goes through local treatment plants, designed for basic filtration.. but definitely not capable of dealing with the volume and forms of environmental waste that we create in our well-meaning actions.

Some governments see water management as a critical issue and are beginning to monitor Pharmaceutical and Personal Care Products (PPCPs) in water. And yes, they are on the rise.. an estimated increase from 2 billion to 3.9 billion annual prescriptions between 1999 and 2009 in the United States alone.

Associated Press reported that there are 41 million Americans now drinking antibiotics, anticonvulsants, mood stabilizers and sex hormones from a glass of water directly from their tap. Add the newcomers to the list: includes beta-blockers, hypnotics, antineoplastics, bronchodilators, antibiotics, antiseptics, cleaning solvents, sunscreen ingredients, caffeine, blood lipid regulators, hospital X-ray contrast agents and fragrances.
Yes, SOME governments are concerned… Is yours?
If this is the first time you heard about it, chances are the answer is NO.

On private land? Got a septic tank with a settlement trench? Where do you think all these nasties are ending up? Under that patch of grass, or vegetables where you planted because ‘it grows so well there!’ We really do need to consider the possibility of our chemical wastes leaching into streams downstream.

“With advances in technology that improved the ability to detect and quantify these chemicals, we can now begin to identify what effects, if any, these chemicals have on human and environmental health.” (EPA)

Nice quote.. but it just tells us they have no idea of the effects.. just like the 600+ identified contaminants they discovered in drinking water over the last decade.

It appears that Germany is way ahead of us in PPCPs water waste monitoring. Their studies over the last decade confirmed PPCP waste in their treated and untreated sewage. It’s also been found in surface water, aquifer groundwater and drinking water.

A March 2000 report of the American Chemical Society meeting in San Francisco, says water samples taken from forty rivers and streams in Germany identified the chemical residues of over 31 different types of PPCPs.

Yes, PPCPs found in treated and untreated sewage are at concentrations from parts per trillion to parts per billion. Small, yes. But so is the now infamous carcinogenic PFOAs in our water. The point is that these are known as ‘forever toxins’. They accumulate in the body: a big problem if you’ve already been prescribed similar drugs.

There is no legal requirement for water treatment authorities to list or even look for them.

This problem is not restricted to just the U.S., it is a worldwide problem. Researchers in Canada, UK and Australia are also finding this to be true in their systems as well.

We’re just now getting initial analyses of the effects of some of these drugs in our drinking water.

Cholesterol-lowering drugs, estrogens and anticonvulsants on fish in the Great Lakes. All three of these drug types can potentially interfere with the normal reproduction and development in fish living downstream from a typical sewage treatment plant.

If you don’t care about your own health,
perhaps you could spare a thought for our wild nature friends. Oestrogen compounds, even at levels of parts-per-trillion level feminize male fish and may even disrupt the development of their circulatory systems, eyes and urinary tract systems.

We Just Don’t Know!
The long-term effect on humans from sub-therapeutic doses of drugs, (plus other substances not made to be ingested, is still a grand mystery. It’s a major issue in areas where water is scarce, (our last big drought!) when there is more recycling of treated sewage water just to meet drinking water needs. The likelihood of exposure to PPCPs in drinking water, and in the bodies of those of us exposed to this type of water grows exponentially.

What to do Now
It’s pretty obvious that a water filter should be an accepted must-have in your home. It’s just as obvious that installing a water filter no more efficient than the underfunded and dated local waterworks isn’t really going to cut it. Today’s conditions require a far more powerful filer. Previously the only form of home filter that took out all contaminants was reverse osmosis. This method has become far less popular when we realised we need water with beneficial minerals intact. So here’s what to look for. (It won`t be as easy as asking a sales clerk at a big box store!).

1. Look for tests of contaminants. This either comes as a list of media used or a list of actual contaminants removed.

2. Look for the level of removal of contaminants.

3. Look for the period of removal. How much of a contaminant is removed over what period of use. A four-person family drinking 2 litres a day each will consume about 3000L (792 US Gallons) per year. If this data isn’t available – even if the list of contaminants seems comprehensive, it may be because although the filter removes all those contaminants on day one of use, it removes less every day.

Yes, filters like this are available, but you won`t see them in a big box store because they cost a little more.

4. Have a long hard look at your septic system, what you wash down the sink, or toilet, or shower. Try to eliminate using products with very big chemical named ingredients you don’t understand.

To learn more about:

Bottled Water, Detox, Water Health

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10 Methods to Conserve Fifty Dollars Each Month10 Methods to Conserve Fifty Dollars Each Month

  1. Conserve approximately 50% monthly on convenience cleaner fabrics by cutting them into half, i.e. dryer conditioner fabrics, deal with cleanser fabrics, etc. Cost savings:$ 5 monthly
  2. Find more thoughtful presents and purchase when the product is on sale, purchase birthdays and holidays throughout the year not at the time of the events. Cost savings: $10 monthly
  3. Bring your lunch to work once a week instead of eating in restaurants. Cost savings: $7 x 4 weeks = $28 monthly
  4. Do not go to the coffee bar on the weekends. Cost savings: 2 check outs @ $2 = $4 weekly x 4 weeks = $16 monthly
  5. If you carry a balance on your credit card, and you’re only able to manage paying the minimum monthly amount, pay weekly installations instead of one monthly payment. If you owe $100 per month, pay $25 per week. Since credit card companies accrue interest daily on your balance, paying only once a month is a big hinderance to your financial health. Cost savings: $10 – $100 monthly (or more!).
  6. Instead of a household night out, consider having an old style picnic together or a bike excursion. Suppressing entertainment costs doesn’t suggest suppressing the fun. Cost savings: $25+ monthly.
  7. Spend a day cooking meals that can be frozen for later use for your family. Once a Month Cooking, a book by Mary Beth Lagerborg and Mimi Wilson, includes grocery lists and dishes to prepare and freeze a month’s worth of food for you and your family. Not only are you able to buy the food wholesale, this approach avoids having to throw away any spoiled food. Cost savings: $50+ monthly.
  8. If you are a regular monthly book buyer, stop the routine and visit your library instead! If you insist on buying books, purchase it used at your local store or online at merchants such as www.half.com or www.amazon.com. Cost savings: $5 – 15 monthly.
  9. Use cheaper gas. If you live in North America and have Internet access, you have the ability to search for the most affordable gas rate in your area with Gas Buddy, www.gasbuddy.com. Cost savings: $5 – 15 monthly.
  10. Utilize two-for-one vouchers when eating in restaurants; search for these in local newspapers, leaflets, and in your “junk mail.” If you are a group of four or more individuals, consider buying dining certificates at Restaurant.com, www.restaurant.com. After choosing your city and state on the Website, you will given a listing of dining establishments competing for your dining dollar! Cost savings: $5- $50 monthly.

Extra tip: When devices break, you do not really need to buy original equipment manufacturer parts. There are several high quality replacement parts created by specialty manufacturers that many times are much better than the original and less costly. This is one company that makes restaurant equipment replacement parts:

 

Determine Where You Will InvestDetermine Where You Will Invest

Determining Where You Will Invest

There are several different types of investments, and there are many factors in determining where you should invest your funds.
Of course, determining where you will invest begins with researching the various available types of investments, determining your risk tolerance, and determining your investment style – along with your financial goals. 
If you were going to purchase a new car, you would do quite a bit of research before making a final decision and a purchase. You would never consider purchasing a car that you had not fully looked over and taken for a test drive. Investing works much the same way.  Mortgage Rates!

You will of course learn as much about the investment as possible, and you would want to see how past investors have done as well. It’s common sense!
Learning about the stock market and investments takes a lot of time… but it is time well spent. There are numerous books and websites on the topic, and you can even take college level courses on the topic – which is what stock brokers do. With access to the Internet, you can actually play the stock market – with fake money – to get a feel for how it works.  Learn More!

You can make pretend investments, and see how they do. Do a search with any search engine for ‘Stock Market Games’ or ‘Stock Market Simulations.’ This is a great way to start learning about investing in the stock market.
Other types of investments – outside of the stock market – do not have simulators. You must learn about those types of investments the hard way – by reading.  Hot Housing Markets!

As a potential investor, you should read anything you can get your hands on about investing…but start with the beginning investment books and websites first. Otherwise, you will quickly find that you are lost.
Finally, speak with a financial planner. Tell them your goals, and ask them for their suggestions – this is what they do! A good financial planner can easily help you determine where to invest your funds, and help you set up a plan to reach all of your financial goals. Many will even teach you about investing along the way – make sure you pay attention to what they are telling you!

E-Commerce Accounting: A Complete Guide for Online SellersE-Commerce Accounting: A Complete Guide for Online Sellers

E-commerce is an exciting and rapidly growing industry, but behind the scenes, successful online selling requires meticulous accounting practices. With so many moving parts, from managing inventory to calculating shipping costs and handling multi-channel sales, understanding ecommerce accounting is essential for sustainable growth. This guide will cover e-commerce accounting essentials, including revenue tracking, cost of goods sold (COGS), taxes, and useful tools to streamline financial management.

1. E-Commerce Revenue Tracking: Organize Your Sales Data

The first step in e-commerce accounting is understanding and accurately tracking revenue. Revenue tracking is not just about counting sales but involves correctly recording each transaction, net revenue, and associated fees.

  • Separate Gross and Net Sales: Start by recording gross revenue (total sales) before fees and refunds. Then, subtract platform fees and any refunds to get your net revenue. This breakdown helps in accurately assessing your revenue health.
  • Multi-Channel Sales Consolidation: Many e-commerce businesses operate on multiple platforms, such as Amazon, Shopify, and eBay. To simplify, use ecom accounting software that integrates with each platform, like QuickBooks, Xero, or A2X. This consolidates sales data from all channels, minimizing manual entry and reducing errors.
  • Record Sales Tax Separately: Sales tax should be tracked separately from sales revenue. This will make it easier to handle tax obligations and ensure that you only remit tax collected, not additional funds.

2. Expense Management: Key Costs to Track in E-Commerce

Operating an e-commerce store incurs various expenses, from product sourcing to marketing, and correctly categorizing these is essential for understanding your business’s profitability.

  • Categorize Your Expenses: Group expenses into relevant categories such as advertising, shipping, warehousing, platform fees, and payment processing fees. Clear categorization gives you a better view of where your money is going and can reveal potential areas for cost savings.
  • Inventory Management and Expenses: Inventory represents a significant expense for e-commerce businesses. Tracking your inventory costs ensures you accurately calculate your profit margins and stay on top of stock levels. Software like TradeGecko or Ordoro can integrate with accounting tools for real-time inventory updates.
  • Shipping and Fulfillment Costs: Shipping costs can vary widely and should be tracked closely to understand their impact on your profits. Consider splitting fulfillment costs from other shipping expenses for greater insight, especially if you offer free or discounted shipping options.

3. Cost of Goods Sold (COGS): Accurately Calculate Product Costs

The Cost of Goods Sold (COGS) is the direct cost associated with the production or purchase of the goods sold by your business. Calculating COGS is crucial for determining gross profit.

How to Calculate COGS: COGS includes all direct costs of goods, such as product purchase costs, shipping to your warehouse, and packaging. To calculate it accurately:

  • Start with your beginning inventory at the start of the period.
  • Add all purchases made during the period.
  • Subtract your ending inventory at the end of the period.

Monitor COGS Consistently: Consistent tracking allows you to measure profitability accurately and adjust pricing if needed. Many accounting software solutions allow you to automate COGS calculations if you manage inventory correctly.

4. Cash Flow Management: A Lifeline for E-Commerce Success

Cash flow is the lifeblood of any business, and e-commerce is no exception. Effective cash flow management helps ensure you have the funds to cover expenses, reinvest, and grow.

  • Forecast Future Cash Flow: Create a forecast by projecting sales and expenses based on historical data. This is especially helpful in e-commerce, where cash flow can fluctuate with seasonal trends and inventory purchases.
  • Maintain a Business Bank Account: Keep personal and business finances separate by using a dedicated bank account for your e-commerce store. This will simplify reconciliation, make it easier to track cash flow, and prepare you for tax season.
  • Allocate Funds for Taxes: Earmark a portion of revenue specifically for tax payments. Tax liabilities are an ongoing obligation, and setting aside funds regularly prevents cash shortfalls when taxes are due.

5. Tax Compliance: Understanding Sales and Income Tax Obligations

Tax compliance is a unique challenge in e-commerce, especially for multi-state or international sellers. Here’s what you need to know:

  • Sales Tax Compliance: Each state has different sales tax regulations, and the “economic nexus” concept requires sellers to collect tax in states where they reach certain sales thresholds. Use tax automation software, like Avalara or TaxJar, to keep track of requirements and file taxes in multiple jurisdictions.
  • Income Tax Preparation: Unlike sales tax, which is collected and remitted to the state, income tax is calculated on your profits. Ensure that all revenues, COGS, and expenses are accurately recorded to calculate your taxable income. Many e-commerce businesses benefit from hiring a tax professional to navigate complex deductions and credits.
  • Keep Digital Records: Store receipts, invoices, and sales records digitally for easy access. Good record-keeping ensures you’re audit-ready and simplifies the preparation of tax returns.

Conclusion

E-commerce accounting may seem daunting, but with the right systems and tools, it becomes a manageable—and even insightful—part of your business. By staying organized, accurately tracking COGS, cash flow, and expenses, and using accounting software to automate processes, you can gain control over your finances and set your business up for long-term success. Accurate accounting allows you to not only comply with tax regulations but also make strategic decisions, capitalize on profitable opportunities, and steer your business toward growth.

If all those seem daunting to you, make it easy and automated with the help of connect books. The software helps you automate your accounting, track your inventory in real-time, get sales and profit calculations done for you daily. Check out https://www.connectbooks.com/ for more details