The accounting world may seem filled with hard facts. Either the money is in the account, will be in the account, or it isn’t … right? Well, that’s not always the case.
Read More Comprehensive Guide to Understanding and Applying Accounting Estimates
Guest Author:
Andrew Freiman
How to Get Clients to Pay on Time: 7 Easy Steps to Make Sure Your Firm Gets Paid
You work hard to ensure your clients’ businesses do well. But, many accounting professionals struggle with an unreliable cash flow when clients pay late or forget to pay. The good news is your firm doesn’t have to suffer. Want to make sure your firm gets paid? Read on to learn how to get clients to […]
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Hours Paid for Hours Worked: Compensable Time and Paying Your Employees
You may have heard the phrase “If you have time to lean, you’ve got time to clean.” It’s a saying beloved by managers across the country and cuts to the core of the nonexempt employee/wage relationship. Nonexempt employees get paid because they work for a certain period of time. But what if an employee is […]
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Patriot Software Accounting Software Tops the Software Advice FrontRunners List
Canton, OH Patriot Software, an accounting and payroll software provider, is a FrontRunner for Top Small Business Accounting Software. This is the eighth time in 2022 that Software Advice has named Patriot Software as a FrontRunner in their accounting software category.
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Need to Correct an Invoice? The Credit Memo Can Help
Have you ever billed a customer for a product and realized you overcharged them? Or has one of your customers ever opened a package to find damaged or defective goods? In either case, you should know about a credit memo. A credit memo can help fix these problems. Read on to learn how.
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Investment Proposal: Asking for a Helping Hand
Investors can help your business get off the ground. But, finding investors is easier said than done. One reason is that there’s a lot of competition out there. In 2021 alone, there were 5.4 million new business applications in the U.S. Cutting through the competition may seem daunting. But with the right investment proposal, you […]
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Making the Sale With a Good Faith Agreement: What Is a Pro Forma Invoice?
It’s always great when a customer buys from your company. But what happens if the customer receives the shipment and realizes there’s something wrong with the order? Maybe the shipping costs are too high or the products aren’t exactly what they want. Whatever the issue may be, you’ve got to put in extra work to […]
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Form W-9 vs. W-4: What Are the Right Forms for Employees and Contractors?
You must withhold the right amount of taxes on employee wages when paying employees. But what if you need to pay an independent contractor? To keep tax information straight between independent contractors and employees, you need to know the difference between Form W-9 vs. W-4. Read on for the scoop.
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Optimizing Employee Discounts: A Comprehensive Guide for Small Businesses
Want to encourage employees to sport your company’s apparel? Or, looking for an employee benefit that’s appealing to new hires? You may consider offering employee discounts. Employee discount programs for small business come with several business benefits, like increased retention and sales. But before offering them, understand what qualifies as an employee discount and whether […]
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Knock, Knock. Is Your Employee There? Tracking Employee Attendance
Tracking employee attendance can help you reduce employee absenteeism and manage employee benefits like sick leave and overtime wages. There are plenty of reasons to track employee attendance. Read on to learn what is employee attendance tracking and ways to track employee attendance.
Read More Knock, Knock. Is Your Employee There? Tracking Employee Attendance