If you’re an employer, you can’t just be on your merry way after paying your employees. You also need to account for payroll expenses in your books. This is where payroll accounting comes into play. To ensure your accounting books are accurate, learn how to record payroll transactions.
Read More The Basics of Payroll Accounting: How to Record Payroll Entries in Your BooksAmanda Cameron
How to Record Sales Returns and Allowances
‘Tis the season for purchase returns … all year long. Because if you sell products at your business, you know that not all customers are satisfied. If a customer wants to bring back an item, you need to make sales returns and allowances journal entries.
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Can a Business Refuse Cash from Customers?
In this day and age, people are pushing cash to the side and paying with plastic. But just because plastic is dominating does not mean cash is obsolete. Many people still prefer to pay with cash. And in some cases, it can be easier to deal with cash than cards. But, can a business refuse […]
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The Basics of Accrued Liabilities in Business
If you want to keep your business running, you need to fork over some cash to buy goods and services. And sometimes, you might use credit to make these purchases, resulting in accrued liabilities.
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What Is a Check Register, and How Can It Help You Organize Business Transactions?
As a small business owner, you know how important it is to keep track of your company’s finances. But, sometimes your business bank statement is not up-to-date with the most current information. For an up-to-date picture of your transactions, you can use a check register. So, what is a check register?
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How Much Is Too Much? Determining a Fair Markup Percentage
If you want to make a profit, you need to mark up your products. But, how much is too much? To figure that out, determine a fair markup percentage. Calculating markup percentage helps you get the most out of pricing methods.
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Patriot Software Named One of the 50 Fastest Growing Companies of the Year
Canton, Ohio Patriot Software, LLC was named one of the 50 Fastest Growing Companies for the Year 2017 by The Silicon Review.
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Patriot Software Partners With Summit Consortia Management, Inc
Canton, Ohio Patriot Software, LLC, a provider of online accounting and payroll software solutions for small businesses, partnered with Summit Consortia Management, Inc.
Read More Patriot Software Partners With Summit Consortia Management, IncPatriot Software Named Top Performer in Accounting Software
Canton, Ohio Patriot Software, LLC is listed in Software Advice’s April FrontRunners for Accounting quadrant. The FrontRunners quadrant highlights top accounting software solutions for North American small businesses. Software Advice evaluated over 190 products and scored them for capability and value. The scores are largely based on reviews from software users and product performance details.
Read More Patriot Software Named Top Performer in Accounting SoftwarePatriot Software Named Top Payroll Software
Canton, Ohio. Jan. 27, 2017 Patriot Software, LLC has been ranked first on G2 Crowd’s Top 10 Payroll Software List. G2 Crowd is a website that helps companies find reliable business software. G2 Crowd has over 100,000 reviews of business software solutions and offers insight from expert peers, everyday users, and aggregated data.
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