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JP van Loggerenberg

JP van Loggerenberg is the Financial Product Owner at SYSPRO, joining the company in May 2013. In this role JP’s primary objective for the product is to keep it simple and endeavour for standardisation, useability, as well as legal compliance. With his philosophy to continuously attempt to work smarter and not harder, he is always on the lookout for improvements to perform standard tasks. This is achieved through collaboration with his team, and all other interested contributors.

JP has extensive experience in Software Development in the Mobile Telecommunications, Healthcare and Supply Chain and Logistics sectors. He has fulfilled roles in executive management, project management, customer relationship management, business process re-engineering, development of information technology infrastructure and financial management across a multitude of projects in South Africa, Africa and the USA.

JP has a passion for numbers and structured data management, and strives to extract the value from the numbers in a format that is decision ready, to provide assistance to management in strategic decision making. JP holds a Bachelor of Commerce (Law) degree, and is currently completing his dissertation for his Master Degree in Business Leadership (MBL).

In his spare time, JP enjoys looking at new technology developments, reading, playing squash and taking long bicycle rides.

Rounding for accounting accuracy

Posted on 12 September 2013 by JP van Loggerenberg

accounting-accuracyRounding a number sounds such like a minor issue, but in accounting terms it is serious.

The primary rationale of rounding in accounting is to provide a more accurate assessment of a company’s financial state. However, if the rounding is done incorrectly it can result in an inaccurate assessment and presentation of a company’s financial state.

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Topics: Rounding, Financial reporting, Accounting


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