When you extend credit to customers, you deal with something called accounts receivable. To ensure your company gets paid and your books are all up-to-date, you need to have a solid accounts receivable process in place. Here’s your step-by-step guide on accounts receivable processes and procedures to live by.
Read More Your Step-by-step Accounts Receivable Process Guide
Thanks to the pandemic, there’s a new sheriff in town: Hybrid workplaces. In fact, 74% of companies in the U.S. are using or plan to implement a permanent hybrid work model. If your company plans to be part of this statistic, you need to know what to include in a hybrid work policy to keep […]
Read More 6 Things You Absolutely Must Include in Your Hybrid Work Policy
When it comes to running a business, you take on the role of decision-maker. And, one of your biggest decisions is if you should use cash or accrual accounting. What’s the difference? How in the world does accrual or cash accounting impact your books? We’re gonna break it all down for you.
Read More Should I Use Cash or Accrual Accounting? Your Answer Awaits…
Accounting deals with many different types of accounts. One account you may stumble across in your accounting journey for your business is a nominal account. But, what are nominal accounts?
Read More What Is a Nominal Account? [Definition + Examples]
Tips, multiple pay rates, and labor laws, oh my! When you have a restaurant business, there can be a lot that goes into payroll. From learning tip requirements to setting up a restaurant payroll solution, we’re here to help you become a pro at handling restaurant payroll.
Read More The 411 on How to Run Restaurant Payroll
Thinking about offering your employees a 401(k) plan? Already offer a retirement plan to your team? Either way, you’ll want all of the juicy details about the 401(k) tax credits for employers. Get the scoop on the 401(k) tax credit and how you can use it to lower your tax liability.
Read More Offering a Retirement Plan Could Score You 401(k) Tax Credits
Canton, OH Patriot Software, a leading accounting software and payroll provider, streamlines the accounting setup process for business owners and accountants by adding time-saving import options and features.
Read More Patriot Software Makes Accounting Setup a Snap With Easy Import Options
Being an employer means following labor laws to a T. And when you’re required to follow said laws, you need to display state and federal labor law posters in your workplace so employees know their rights. But, what do you do if you have remote employees and nowhere to physically hang posters? Cue electronic labor […]
Read More Have Remote Employees? Get to Know the Requirements for Electronic Labor Law Posters
When you’re an accounting professional, you look at trends every day. Whether looking to see where your firm’s profits spike each year or trying to predict cash flow for a client, you’re probably well-versed in spotting certain trends. But, are you aware of the latest accounting trends for 2022?
Read More 5 Accounting Trends to Watch Out for in 2022 and Beyond
Becoming an employer is an exciting time. But, it also comes with a ton of responsibilities, including running payroll, withholding taxes from employee wages, and following oh-so-important workplace laws. But, which workplace and labor laws do your business need to follow?
Read More 7 Workplace Laws You Can’t Afford to Let Slip Your Mind