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Showing posts with label the. Show all posts
Showing posts with label the. Show all posts

Thursday, 29 September 2011

Processing applications for the professional business management

When you buy a new apartment and are considering the installation of the door to this apartment, you go to one of the experts and the worlds the conditions of wood and art carpentry - Mr. Al-Najjar - for the selection of door is suitable for flat specifications obtained from you and be compatible with your taste and design that you choose for your apartment .. And this is the first stage, a stage you can claim that it is important that the gel is desired by the door is to be a solid, which you can know without experience is that the door does not represent you only have a wall you can pass through and whenever you want conceals inside the apartment and prevent hackers and the eyes of the curious .
The second stage in this process is installing the door of any kind and taste, a process that can not be denied that they need to experience despite the simplicity of their appearance they must be the door entirely appropriate for the area that will be installed it, then comes the process of installing hinges and Kalon, etc., which may perform some manner is making the sound the door opens in the wrong direction, for example, or perhaps abused installed and started the process of opening a kind of torture for those who wanted to exit or entry, or did the door Making nice is not open at all ..
What if that led us to talk about the doors and installed? Our topic was not about the art of carpentry in any way .. If you let this aside and go back to what he should talk about it .. Importance of processing applications for the professional business management ..
The definition of processing
The term processing in the field of management software business accounting is a summary of a series of steps that are performed before the start of work on the program, which is to build user accounts and cost centers and determine courses of credit, accounting and determine the accounting entries made by the system automatically with different documents and a system for encoding items and customers, suppliers, employees, etc., and define the powers of the users and build any additional reports required by the client system user, and processing is a fundamental process both in the software or prepared in advance.
Software or pre-prepared
Software is not designed by the manufacturer for a client, but are designed to serve multiple activities in the areas of various business, has been purpose built to be flexible enough to be processed - as already noted - by type of client's business needs and the method of accounting, which prefer to follow the performance of his duties, and characterized such programs main characteristics The first is the low cost for those programs that are designed specifically for a client as it is in that quality customer assumes the total cost of the program design, which may take work in his study produced many months, and the second advantage, which is in Indeed, the most important features is that the software stable and low risk of error in design, as the program itself has been used in many of the customers and passed all test conditions the actual conditions of use of multiple environments and different business and the company has produced to address any errors or improvements have been requested from the customers.
I want to program accounts, no more .. What I need to supply?
Question often asked by accountants, and usually do not ask, only new users of the software as it is not familiar with how the work of those programs and how to access the financial results of the final, and perhaps posed also some users veterans who did not Aasroa stage of processing programs that are working in their company and began work there on a program already outfitted.The main idea, which lacks these is that the business administration programs in general need to be processing, but the stage of processing programs that are produced specifically for the client is the stage of fused central operations of the program design itself is usually carried out by the technicians get their information from those responsible for the system in companies and their implementation and then becomes an amendment is required in that processing is to modify the design of the system itself.
The programs prefabricated comes the stage of processing after signing the client on the program where the study of the client's needs and access to many of the inputs, which represent the nucleus of the start key, a supply of the program to all the above that we have referred such as directory accounts and required reports and powers of the users and the forms of courses accounting and documentary and the parties to the limitations accounting documents will be issued taking into account the different consistency of accounting so that session does not make the same entry more than once with different documents or lose one of the elements accounting cycle that leads to results that are sound, you might think with the user that the program defects may be detected after the wrong results years of work Vtkon double catastrophe, perhaps similar to this with the example Dharbnah for installation of wooden door, Voslob Faulty installation led to hinder the proper use of it does not matter in this case to claim that this is bad in the manufacture of the wooden door itself.
Processing professional .. Reach for the best methods applied in business
The officials processing the identification of the manual system applied in the company, or automated system previously limited to the documents used and the resulting reports required, and applies the desired program, and the formulation of advice and give the best scenarios for the session accounting by type of activity will also some times when the lack of sufficient experience with the company prepare a documentary course and appropriate accounting for the type of activity and applied to the system and train users on the implementation, as not only the processing operations of accounting, but it also transcends that to give the best that can be used in inventory management and pricing methods and management systems, human resources and the preparation and production of reports in the best pictures that achieve the desired results from the system.
Examples of common errors
Can not be limited to errors in this area are always caused by the presence of a particular method used by accountants manually with the ignorance of how to apply it to an automated system and is done without consulting the officials processing company producing accounting software, we can view an example of these errors, we can, for example, assume a method was prepared in advance for the procurement cycle as the default form is based on:■ Create, then the supply of barn (storekeeper) ■ constraint that is issued automatically is: h / inventory - to h / Procurement
■ purchase invoice for the work was supplied (the accountant) ■ constraint that is issued automatically is: h / Procurement - to h / cash or client

Let's also assume that the user decided to use the accounting cycle for purchases as follows:1. The establishment, then the supply of barn (storekeeper)2. Purchase invoice for the work was supplied (accountant)3. Support the work of an exchange of cash or checks in the amount (Treasurer)
It is used by the session manually and the result will be three documents and one accounting entry.
What is the risk of error in such a situation?
There are many possibilities in this simple procedure, depending on the method of accounting followed by the user may depend accountant on the inventory method league (is the use of stock for the first time, stocks of other duration), method, perpetual inventory (stock intraday), and all of the methods has a different way of issuance of the restrictions must with the use of user accounts as a starting point and the link with the types of documents, inventory and procurement by issuing restrictions on the practice by each method.
The error can occur inside the method each of the multiplicity of methods subsidiary was using the accountant inventory method constant and then decide not to center the expense of procurement when issuing restrictions procurement and use of the inventory account directly with the lack of expertise that the document related to the issuance of registration automated procurement linked account of the procurement has not been developed mainly in the chart of accounts, in that case when issuing an invoice procurement system stops because he did not find the desired account.
Can also be the accountant to issue an invoice procurement issued constraint automatically as I have already mentioned that will reduce the cash account directly or heightening the client's account the value of what has been purchased, then the Secretary of the Treasury editing support exchange of cash or checks that will reduce the cash account or heightening the client's account again .In the end we like to point out that despite the simplicity of the procedure was done except that the lack of know-how full of how the system often cause big problems and financial results are misleading lose program relevance and usefulness, and processing services, which are carried out by experts in the program and are familiar Full accounting rules to help users get the results in a sound and complete procedures for work in the manner preferred by the company and commensurate with the principles of accounting as well as the officials processing the application of the previous accounting cycle properly, which does not cause the program stops or the issuance of the restrictions more than once.
Processing steps program
Begin processing program usually meeting official processing with the official accounting of the company contracting the program and the identification of the working methods applied in the company and get the document object model applied and the user accounts and courses different accounting and reporting requirements and discuss some of the ideas and methods of work that may benefit the company and the codification of all this information and determine The deadline for terminating the application of what has been agreed upon.
After that, make a copy of the database initially applied to each of what was agreed to implement it in the previous session and the database is downloaded to the client.
Users of the system gets to the client on the training course and be agreed upon time and the number of training days with the agreement of management training.
Occasionally some of the points that the client wants to modify or add to what was agreed upon during the training sessions, training and the official plug-go to the management of processing.
After completion of the training and get the request from the client to add these amendments the official processing to prepare the final version of the database and downloaded to the client.
Then the client gets the services of technical support for the proper functioning of the follow-up.

Be ambitious and start small and move quickly

Students of business schools changed since you got Julie Meyer Julie Meyer on the degree of Master of Business Administration in the late nineties of the last century. And Julie is the owner of venture capital and chief executive of Ariadne Capital and its founder. It was believed at the time that no one wants to start work on. However, the financing of these actions seemed more enticing for many. Julie says: »I was telling the joke, if you wait long enough, your classroom becomes the owner of the entire venture capital. Now it seems that if you wait long enough, the entire class at INSEAD become entrepreneurs because everyone wants to work for himself ». Name of the work of Julie during the first Therzadi First Thursday, a forum of social networks for entrepreneurs has sold to an Israeli company in 2000, compared to 50 million pounds in cash and shares. He was one of the lessons learned from the first Therzdaa is that many entrepreneurs who wanted to ignore the venture capitalists. In most cases, investors were the most attractive other successful entrepreneurs. From here came the company Eryandi Capital, which she founded in 2000 as a way of combining capital and experience of successful entrepreneurs who want to help the next generation of start-ups. Supported a 50 owner of the company, and support. They invest capital, time, and their networks. The main sectors in which they operate is the company Eryandi digital media and entertainment, software, and basic services such as finance, health and electronic digital homes. The company launched Anthripreanor Countrywide Finally, a company networks and events, and the motto: »where the moments of breakthrough win on the experiences of almost dying». This slogan reflects the journey of the project. Julie says that you should be designed to overcome all obstacles. This is a success - insists that when people give up at a time when ordinary people wise. Julie has a tremendous skill in identifying promising new projects at an early stage. It was one of the first consultants in Skype working in the field of Internet phone service. It held that there is a promising future for the company Espotting Media, which was launched ten years of service advertising on the Internet, which are paid by the pressure against which the A button. They feel sorry because the company did not have enough money to take advantage of its potential and because they lost the feature that was available by companies such as Google. And frequented the company about 60 Eryandi the project in the month. In some cases, see Julie people were able to exercise the analytical process to forever but are paralyzed when faced with incomplete information. Jolie says she can determine quickly whether the owner of a project will succeed. According to Julie for successful entrepreneurs they ambitious. They do not lose their enthusiasm never to start a model for corporate standards. They are inviting you to a journey they will, whether involved or not involved with them in it. Eryandi and invested in a number of promising projects in their early stages, and these projects company SpinVox that convert words to text messages can be sent by e-mail as a text message or SMS to a mobile phone. This enables people with many concerns to browse the page of text instead of spending hours listening to voice mail. The company had an ambitious and wide SpinVox says Jolie. In some cases, was the only time where you can sit down with the CEO who had to travel almost constantly, is on Sunday morning - and find 60 people were working in the offices of SpinVox at the time, which was raised admiration. But generally if you want to be the owner of a successful technology, you have to realize that technology is secondary in many ways. Julie is looking for companies that make money from the way people use technology and has the potential to become the largest companies in the world. Julie says that the big technology companies are marketing companies great. So that the focus on marketing and sales is not important. As the sales come later if they were entrepreneurs and their interpretation of the true market. And demonstrate in this regard: »Perhaps the hardest experiences you have had painful is to work in marketing at Motorola Power PC in the technology sector». It was a Motorola chip more sophisticated than competing products. But the company was Intel has better marketing skills outperforming the Motorola. And advice provided by Julie large companies are generally worried that start-ups. She says at this level: »I have overcome the fact that the Prophet David, in the battles that took place between him and Taloot. Therefore, it is best not to underestimate the other is that you will overcome them, because certainly the theme of each is the owner of a successful project: »Be ambitious, and start small and move quickly».

Saturday, 17 September 2011

$ 300 million in contributions to the Libyan Egyptian banks

Egyptian banking official estimated the size of Libya's direct investments in banks of 1.8 billion Egyptian pounds (about $ 300 million), according to the newspaper, "the statement" the UAE.

The official pointed out that investments are distributed between the AIB bank, over which the Libyan government about 38.7 percent of $ 1.3 billion, the Bank of the Suez Canal and has the Libyan Foreign Bank to 23.9 percent worth 480 million pounds.

He stressed that contributions to the Libyan Egyptian banks are contributions involving Libya and the Libyan people as the state does not pertain to "Gaddafi" in person, and added that the contributions to the Libyan Egyptian banks on behalf of the state-owned enterprises Jamahiriya.
The Egyptian official added that the fall of the Colonel "Muammar Gaddafi" and rebel control over the majority of Libya will not affect the ownership of these institutions.

He explained that there is Libyan investment bank is directly in the International Arab Banking Corporation and the Suez Canal also by the Arab International Bank, which contributes to the Egyptian and Libyan governments and the Bank owns stakes in them.

For his part, "Abdel-Badie Al-Sadiq Mahmoudi," Assistant Managing Director of Bank of the Suez Canal, which contribute to the Libyan institutions, that contributions to the Libyan Bank does not belong to Gaddafi and his family, but are owned by the Libyan institutions.

Friday, 16 September 2011

Debt of the euro area in 2012 to 88.7% of GDP

ديون منطقة اليورو في 2012 إلى ٪88.7 من إجمالي الناتج المحليA report on public finances of the European Commission published yesterday, the public debt in the euro zone will reach the rate of 88.7% of GDP in 2012, the year the debt will be recorded the highest levels.

In 2007, the proportion of debt 66.3% in the euro area and 59% in the entire European Union. Will be 83.3% in 2012 for the 27 states.

The report said that «the disinfection procedures (public finance), will allow adopted to halt this increase, and indicated the Member States in their stability and convergence of its plans to strengthen these procedures. In the case of States applied its plans, the debt will be stable from now until 2012 ».

If States are unable to honor its commitments, the public debt will decline from now until 2014, but with wide variation by country, so see Finland and Luxembourg to reduce their debt before that date, but Greece, Ireland or Portugal will face more difficulties.

As for the European Commission, the decline in public debt will also require a number of years in Spain and Britain, which Stmzian a long time ago to reflect the trend since the financial crisis.

It was due to present economic affairs commissioner Olli Rehn this report on public finances in the context of a press conference, but canceled at the last minute for personal reasons.

Risk of failure of the project debt threatens the European Union

EU officials expressed concern about the failure of the entire European project can not be settled if the debt crisis in the euro area, with increased fears of the consequences of the bankruptcy of Greece. The Minister of Finance announced the Polish Aacek Rostovski whose country holds the rotating presidency of the European Union that the whole of Europe is in danger due to the debt crisis in the euro area.
He said if the euro zone cracked, the European Union will not be able to continue, with all the imaginable consequences for it.
The Minister spoke about the danger of the Polish prospect of a new war in the long term. Rostovski and warned of the impact of the current crisis on the real economy, and said that the current crisis if it continues like this, who can not predict, will have major consequences.
And if it continues or two years, must prepare to face unemployment rates may increase more than doubled in some countries, including the richer countries. He and European Commission President Jose Manuel Barroso also expressed concern. He said the most serious challenge facing this generation has known, that the struggle for the political future of Europe and European integration itself.
The specter of bankruptcy
The President of the European Commission that the risks of bankruptcy are lying in wait for most of the countries and urged the countries of the euro on the application of the measures that are decided on July 21 to plan a second rescue of approximately $ 160 billion euros for the benefit of Greece, while facing the same crisis of Finland, Slovakia and the Netherlands.
He said: We need to apply Greece fully its program of reforms, "Economic reduce the national deficit the year, while the EU should his part, approval of a plan to tighten budget discipline joint, which is being negotiated over it for months, between governments and the European Parliament. Barroso said that the euro zone accelerated economic integration in the long term.
Dialectical bond
On the controversy over the bond Repeat Barroso stressed that his services will soon be a study on the possible options in order to develop bonds in euros, a mechanism to distribute the burden of debt equally between the euro-zone countries, which is considered Mtalegoha the only means available to the monetary union to settle the debt crisis permanently.
He said: I want to emphasize that the Commission will soon be options on the adoption of the euro bonds. He explained that it is possible to apply some of them in the framework of the European Convention either the current setting calls for others to change the Treaty.
The government refuses to German bonds in euros, because it sees it as an encouragement to countries suffering from large deficits to be complacent. France does not oppose it in principle but excluded at the moment. Barroso criticized the current trend in the major countries, France and Germany in the vanguard, which wanted to settle the debt and reform the management of the euro area among themselves, by keeping the decisions and the exclusion of the Commission and Parliament as possible.
Greece fails to
For his part, EU Commissioner for Economic and Monetary Affairs Olli Rehn said the failure of Greece to settle its debts or exit from the euro zone involves a heavy cost for Greece and the region and the global economy. He added that he can not issue bonds in the euro area, but under the financial control is much stronger than ever before in the single currency area, which includes 17 countries.
He said: Let me say to those who are suggesting that Greece would be better off outside the euro zone, and I strongly disagree with them. Greece will not be put or the euro area the better.
Rehn added that the crisis of sovereign debt in the list for nearly two years, affecting the real economy and offers growth and jobs under enormous pressure.
Enormous risk
In the same context, said Marco Botti Director General of Economic and Monetary Affairs at the European Commission that the implementation of the restructuring of the debt of Greece and that they risk widening the scope of the problem of debt in the euro area is enormous. He explained: There and Lehman on Greece. It can be the first implementation of the restructuring of the organization. Poti was referring to a plan developed in July to restructure the debt of the private sector in Greece voluntarily. He said there were difficulties but on the right track. He said the second illusion is the belief in the possibility of isolating the problems of religion within its borders Greece, pointing out that the risk of infection is enormous.

Is the world faces a new financial disaster?

هل يواجه العالم كارثةCoincided anniversary of the collapse of Lehman Brothers, the U.S., among many recent global financial crisis, with warnings of a financial crisis, a new result of banks' exposure to sovereign debt. Again, crumbled central banks in major economies to pump more money into the commercial banking sector to avoid a contraction of credit again.
Amid all of this group discovered UBS Swiss Financial said one of its employees in London two billion dollars wasted, what little bureaucrat French Societe Generale bank, which wasted about 5 billion euros in 2008.
Some may not see a link between the accident UBS, and the problems of commercial banks exposed to the risk of European sovereign debt in the countries on the verge of default such as Greece and others.
Also did not tie in 2008 between the collapse of Lehman Brothers, as a result of its exposure to investment products related to bad real estate debt in the United States and the Societe Generale incident.
But what connects all those events, and is a key factor in the global financial meltdown that has plunged the world economy in a recession does not seem to Sikhr it soon, it is interesting that the term "derivatives."
These are innovative investment vehicles to rotate the debt, sovereign and commercial, and high profit rates than everything in the market and are seductive to investors in the financial sector.
A vicious circle financial crisis began more than three years with the collapse of the U.S. housing sector and the exposure of banks and lending institutions on its debt, as if to discover the global financial system suddenly bad mortgage debt with that he was the architect of all that debt and re-circulated repeatedly derivatives and bonds, securitization is different.
And dropped in the hands of the free market, which conventional wisdom says that he is fit itself without the intervention of the authorities, and requested the assistance of governments.
Governments intervened to pump more than two trillion dollars now in the banking sector rescue of bankrupt banks by buying bad debts so as not to collapse "regime."
Although the government did not consult its citizens to use their money (they pay taxes and fees) to rescue the banks and markets, but that everyone embraced reluctantly that no one can withstand the collapse of the system.
Valanhiar would hurt everyone, governments and citizens and investors, the hope remained that the rescue plans that can block out the economies of the recession to re-grow and repair itself again.
But it is clear now that the vicious circle that did not break decisively rescue and quantitative easing and the various names for government intervention citizens with money to help banks and investors in the financial sector.
Will succeed the final round announced by central banks in America, Europe and Japan to stop the financial meltdown and a return to growth, ie, break the vicious circle?
Difficult to answer this question in light of indications continued weakness in the global economy and recession in the semi-developed economies in particular.
Necessary fundamentals of governments and central banks, can not continue to provide support to the banking sector down.
Since 2008, repeated the process every time the authors estimated that the policies they adopted what is sufficient to solve the Almscalh active lending and pushes the economy to growth.
And to stop until the tour highlights the problem of requiring a new round of government support for the financial sector.
But now governments are no longer able to control the fiscal year amid growing sovereign debt and budget deficits.
The problem from the outset, that the politicians in the world have worked the advice of investment managers to the effect that the global financial system is in crisis repairs for governments to support re-sector role as a key lever for rapid economic growth.
And bypass everyone about the imbalance in the fundamentals of the global financial system, and did not have the political courage to address those problems, and only the root of all work "Prosthetic" for reform.
But with the continuing problem of fundamentals will explode from time to time a new crisis similar to the bad real estate debt and sovereign debt, and others.
At the moment governments can no longer intervene, what would be the result? Difficult to imagine.
The most important of those fundamentals that need to be aggressive is available is to allow "the system" to address the same, and the abandonment of the rule that there is a bank or institution "too big to fail".
If we withdraw it from banks and financial institutions to the State budgets, there must not be a country "too big to be bankrupt."
Measures do not support, assistance, and lending only to cover up the basic ills, which does not stop working on creating a new crisis.
Adventure to get So off banks go bankrupt, and leaves nations unable to repay its obligations to go out of business.
Then, get rid of the global financial system, along with one of the fundamentals of the economy affected disorder.
So also at the heart of freedom of the market, especially that exceeded that freedom can not be government intervention to ensure its continuation.

Nails enter the Guinness Book of Records

Entered the U.S. singer Chris Walton Wednesday Gninis Encyclopedia of World Records thanks to her nails with a total length of almost six meters, the longest in the world.

Photographed for the 45-year-old singer that sings in Las Vegas as "the Duchess is not," in New York with her ​​nails curved and painted in gold, which Ttilha 18 years ago.

And the equivalent length of the ring finger nail along the arm with enough length of 484 thumb nail to get to the top of a building, "Empire State Beldeng."

Stewart praised Klaston spokesman Guinness Book of Records "unique beauty."

And Chris Walton said she does not drink milk, do not pay much attention to eating calcium to strengthen nails pointing out that her secret "is to eat candy and lots of patience."

Of course, the things of everyday life is not Bsalh it can not be out anything from her pocket She writes short messages (SMS) articulated fingers and wear jackets zipper only.

With entry into the Guinness Book of Records is considering the singer cut her nails but gradually "I used it a lot, and without it you may hit the doors and walls."




Demonstration in front of the Embassy in Tel Aviv, Cairo to express "love" the Israelis to the Egyptians

As if they were not Igtalo our troops on the border as if we are to blame they are innocent people trying to Tel Aviv and Brod unprecedented show of its people and its government look "loving" to Egypt and "tolerant" with the incident of breaking into Egyptian protestors recently to the Israeli Embassy and through the media report published yesterday talking about "a demonstration of love" by the Israelis in front of the Egyptian embassy in Tel Aviv in the second century and half tomorrow, Friday.
Yesterday's Channel Two television Alasraúalbeh entitled "The week after the destruction in Cairo that" the number of young Israelis decided to organize a demonstration of exceptional and of a different nature is the opposite to break into the Egyptian Embassy in Tel Aviv, pointing out that the Israelis would do the transfer "love letter" to the Egyptian people, hoping to lead prayers to bring peace and brothers the Egyptians and to respond to them similarly.
Israel's Channel said that the storm of angry, which ended in tragedy storm the embassy had not Tnasseha Tel Aviv, but nevertheless decided a number of young Israelis to prevent the deterioration of relations between the two sides in a symbolic way cheerfully on their demonstration called "demonstration of love in front of the Embassy of Egypt" and have published a call on the pages of the Social Networks "Facebook".
Rally organizers wrote on the social networking site "is now easy to Israel to revolt and anger against the Egyptians after the incident Aguetahmanm to our embassy in Cairo, said that what happened to violence has no place, the Egyptian people, especially the young generation in a period of identity crisis after the revolution, these young people trying to find a place anger and unloading years of suffering. "
Israel's Channel added that "the demonstrators and directed to the Egyptians calls for peace and love to assure them that Tel Aviv does not want war with Egypt, not hate, but on the contrary, said the demonstrators that they want to live with their neighbors in amity and to act to make life in the Middle East and the world is very good," pointing to one which call to the demonstration against the Egyptian embassy student in the 23-year-old tanker with him: I think that a new generation grew up in Egypt, a generation more intelligent than its predecessors a generation did not know the wars with Israel that it is better to live in peace next to each other, "
Young Israeli added to the channel: "Despite the belief of many in Israel, said the demonstration planned step is not the process will not lead to anything, although it will be the demonstration and will participate by musicians and singers are singing songs under the Egyptian embassy also will carry the demonstrators carried banners emphasize the love between the two peoples persists and the Israeli and the on Friday in the 12:30 pm "he said, adding that many of us say naïve, but I think if we did not dream of what we can achieve the dream"
On the same tone chief guard the Israeli embassy in Egypt, which was being held inside during storm in remarks to the site and not the Israeli: "Despite the severity of the experience to storm the embassy but I do not hold any bitterness in my heart towards the Egyptian people understand the good people and I love them I do not know how things like this happen, I want to keep the peace with Cairo "
In the context of a separate Channel Two said that, despite attempts by the U.S. Embassy in Cairo release Ilan Ejrebl Mossad spy arrested in Cairo, the Egyptian judiciary to extend the period of imprisonment of 45 days also rejecting American demands for his release for fear of peer-to ensure that use it and escape from Egypt, I would like Tsiqi friend Ejrebl told the channel: It seems that there is no judicial system in Egypt these days I know from sources with the Ministry of Foreign Affairs that the Egyptians turned the issue of espionage Ejrebl to a criminal case accusing him of participating in illegal demonstrations and criminal matters in which the authorities do not intervene. "

Italy: Eight charged with "supplying prostitutes" to the Berlusconi

Face prosecution in Italy to eight counts of supplying the Italian Prime Minister Silvio Berlusconi prostitutes. The accusation came after it was investigated in the southern city of Bari with a number of friends and associates of Berlusconi.
The suspects face charges of supplying young women to Berlusconi and some of his partners from the business in exchange for employment or commercial contracts or services.
Investigators were directed to Berlusconi during the investigation of any charges.
Defense lawyers said Berlusconi that he was not aware of the activities of these persons.
The investigators questioned members of a prostitution network in the city of Bari is suspected that the business was doing Giampaolo Tarantina management.
There Tarantina currently in a Naples prison for his involvement in extortion case after the prosecutor accused him of extorting Berlusconi and get 800 thousand euros for lying to investigators in Bari.
Giampaolo Tarantina admitted that he had paid money to prostitutes for participating in wild parties, which was built by Berlusconi, known as "Bonga Bonga".
The list includes the facilitation of prostitution charges and the payment of funds for the girls for their services and their transfer to the headquarters in Serdenea Berlusconi and Rome to attend the concerts were noisy in 2008 and 2009.
Berlusconi denies the accusations and says that these concerts were "dinner parties".
It is known that prostitution is not a crime in Italy, but sexual intercourse with female under the age of 18 a crime punishable by imprisonment.
Berlusconi is already on trial in Milan in the case of sex with a minor girl of Moroccan decent burned, known as "Ruby."