15:27 Jun 12 2012
Times Read: 1,396
Seems a end of an era is going to happen today, or at least by the first of next month. Going on three weeks trying to get the financial report to the military, and it is one hurdler after another.
First the CPA couldn't get into the system
Then waiting for the cert, has to be done online now.
Then he has to re register.
And all this against a deadline of the 15th.
He filed it yesterday, it was declined. Why?
Our company does it's billing at the end of the year, always have. We are flush with cash the first of the year, keeping it for the bills, and poor come the last of the year.
On paper it seems we are not a good solid company. Of course it has been going along since 1953 but still- to the US Government we are not solid.
Do we have cash? Yes. Is it in the company name? No. It is in our personal names- CD's, savings, property, rentals. Cash flow is not what we aim for- we aim to save, invest in something that will pay us in the long run.
So when you ask me what cash the Moving company has- I have to say nothing but what is in it's accounts.
Seems the problem is that at the end of the year cash was less than payroll liabilities, that is a ratio they look at of current assets over current liabilities. My current liabilities for the Moving company? None. Nothing is owed on, the buildings are not in my name even. Well-
they are but with my three sisters.
Even the trucks are not in the Moving company name- but my own. It has no bills, loans other then phone, the basic water and electric and insurance. Seems they can't understand that part.
So it seems the military is shutting us down. After 60 years we are going out of the military. We have hung in these last few years hoping the pay rate would go up on this new system but time to cut our losses. The ADT system can be cut back, the insurance, and I can rent out the buildings, keep the local moves going.
I can not pay the higher insurance bill, the filing fees, the cost that the government added with this new 'online' system that was to save taxpayers money. Funny that as the three men are still at the Base, still drawing a paycheck, and costing them insurance and pensions that this new system was to of replaced.
Take all the money aside- kind of sad to see this end. I mean.. I use to skip school and go on packing jobs if we got a big job. Every spring and summer it was working with the military families. Some of the best people and worst people I have meet was military. The tales I could tell.... :) It was fun while it lasted.
They are reviewing our account, but sure they have a set requirement that I am not going to go out of my way to meet. It has been a good run, but time to pack up and give them one last salute as we leave.
Father's day is this Sunday and I keep thinking what Dad would of said, seeing this day. He would of fought it, saying he had always been a military mover. But he would of faced it was time, it just isn't worth what we pay in to stay VS what we are getting paid back. Take the emotions out of it- it is clear we need to end our time moving the military members and their families.
I think Dad would of listen to reason, and seen this. Then he would of said "Well- its been a good haul. A long haul but one that paid us well. We should be grateful for it, and hope the best for all the families."
Yeap- Dad would of been sad to see it end. Heck- I am myself, crying thinking of all the families we moved, the people I meet, the Bluebarks we did. *code for when the service member passed away, you deliver his or her items to family*
And we move onward, forward...
COMMENTS
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sahahria
22:41 Jun 30 2012
I can't wait to see what you do! :)
Oceanne
22:56 Jun 30 2012
It is 112 here too.
Been in the water all day here .
Have fun tonight.C'ept the makeup..its too hot!!
Be safe!
Have fun :D
Oceanne
22:59 Jun 30 2012
"Hot summer nights" makeup.
meeper
18:06 Jul 02 2012
Oh that sounds pretty damn hellish.