First Tennessee works with The Kumon Learning Center
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Bala Balakrishna
Sep 21, 2011, 10:05:53 AM9/21/11
to Balakrishna Bala
On Monday, Ozaki-san and Peter Tu visited our Collierville center and we spent the whole of yesterday learning from them. Ozaki-san spent 30 years in Japan working with Toru Kumon and is responsible for the big push towards better Observation and Primary Instruction. It was like sitting at the feet of a "guru"!!!
He wanted to see the video produced by our bank and at the risk of embarrassing myself, I am attaching it herewith too. Try to keep your laughter to a minimum!!
Check out this video on YouTube:
http://www.youtube.com/watch?v=cWNaTdKQjJ4&feature=youtube_gdata_player
Bala
Bala Balakrishna
CFO
The Future Project
p: 901.921.6132
www.thefutureproject.org
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mini sethi
Sep 21, 2011, 10:26:47 AM9/21/11
to kcy...@googlegroups.com
Wow !!!!!
You guys look good. Arti is very beautiful !!!!
This is good learning Bala.
Give us more details on Ozaki-San and Peter Tu's visit. From your email they come out as "gurus" of Kumon method.
Rgds
Mini Sethi
Bala Balakrishna
Sep 21, 2011, 10:28:42 AM9/21/11
to kcy...@googlegroups.com
Ozaki-san is quite the guru - will write later....thanks for the compliments - yes, I lucked out with Arti!!
mini sethi
Sep 21, 2011, 10:33:04 AM9/21/11
to kcy...@googlegroups.com
Very humble !!!!!
:-)
Nidhi Sethi
Sep 21, 2011, 10:59:30 AM9/21/11
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Krishnan Venkataraman
Sep 21, 2011, 11:18:04 AM9/21/11
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I thought the video was really cool! Thanks for sharing!
Krishnan
Manisha Peries
Sep 21, 2011, 11:18:41 AM9/21/11
to kcy...@googlegroups.com
Thanks for sharing Bala. Congratulations! Both of you look great.
Manisha
Bala Balakrishna
Sep 21, 2011, 11:24:59 AM9/21/11
to kcy...@googlegroups.com
Jane asked me about our Payroll and I promised to share my file with her, but thought it might be useful for others in the group. I have created a format like the one I use. Please do consult with your CPA and see if you find it better to get them to do it or use a payroll service or through QuickBooks etc. In Tennessee, we do not have a state income tax, so the deductions are simpler, but your state may have a state income tax. So, this form will have to be modified.
We use a payroll time card machine which gives you the cumulative total hours worked for the month (but we have to physically add the hours for the 2 centers) and plug in the hours into the spreadsheet and hand write the checks. Every month, I pay FICA online and every quarter I create a Federal Income Tax report and SUTA report and file it with the appropriate taxes. At the end of the year, you have to file a FUTA return too. In addition, there are local Business Licence and Business Tax Reports etc. All of this can be very time consuming and not everyone will be comfortable doing it. You have to be very well organized and if you are late filing anything, you will be assessed interest and penalty!
This is just how I have been doing it for years and never felt the need to change! I do all the accounting on QuickBooks and enter all tuition checks on a spreadsheet. I am definitely NOT recommending it, so please discuss with your CPA and find the best way for you.
Best regards,
We use a payroll time card machine which gives you the cumulative total hours worked for the month (but we have to physically add the hours for the 2 centers) and plug in the hours into the spreadsheet and hand write the checks. Every month, I pay FICA online and every quarter I create a Federal Income Tax report and SUTA report and file it with the appropriate taxes. At the end of the year, you have to file a FUTA return too. In addition, there are local Business Licence and Business Tax Reports etc. All of this can be very time consuming and not everyone will be comfortable doing it. You have to be very well organized and if you are late filing anything, you will be assessed interest and penalty!
This is just how I have been doing it for years and never felt the need to change! I do all the accounting on QuickBooks and enter all tuition checks on a spreadsheet. I am definitely NOT recommending it, so please discuss with your CPA and find the best way for you.
Best regards,
Zia&Ayesha Abdullah
Sep 21, 2011, 11:37:35 AM9/21/11
to kcy...@googlegroups.com
What a wonderful video. Thanks for sharing.
Ayesha
Ayesha
Supark Patsrivong
Sep 22, 2011, 10:06:37 AM9/22/11
to kcy...@googlegroups.com
Thank you sharing. Great vdo. Your wife is beautiful.
Supark
From: Zia&Ayesha Abdullah <home.a...@gmail.com>
To: kcy...@googlegroups.com
Sent: Wednesday, September 21, 2011 11:37 AM
Subject: Re: First Tennessee works with The Kumon Learning Center
To: kcy...@googlegroups.com
Sent: Wednesday, September 21, 2011 11:37 AM
Subject: Re: First Tennessee works with The Kumon Learning Center
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