Introduction to Bookkeeping What is Bookkeeping
Enrol and complete the course for a free statement of participation or digital badge if available. If you go this route, make sure to brush up on interview questions that’ll help you determine who’s the best fit. If your bookkeeper…
Bookkeeping Best Practices for Plumbers: How to Stay on Top of Your Business Finances
Look for software that offers reporting options and clear dashboards that allow you to see your financial situation at a glance. This feature can help you identify trends and opportunities, as well as monitor your performance against key metrics and…
Bookkeeping Tips for Plumbing Business Owners
At the same time, the platform should make it easy to look at your cash balance, total sales, and your most important expenses instantly. A complete financial management platform would also provide you with the ability to create and send…
What Is Inventory Management? Benefits, Challenges, and Methods
The costs of inventory flaws can quickly add up in the form of disappointed customers, processing returns and exchanges, delivery delays, and redesigning products. Without effective management, inventory can absorb your cashflow and show inefficiencies in your business. We can…
Obsolete Inventory Definition
The inventory turnover rate is one of many retail KPIs which determines how quickly older inventory is sold, and newer inventory is brought in. Stagnant inventory is occupying shelf space, in place of high-demand products. Bad inventory refers to products…
Inventory waste: 6 common causes and how to reduce it
This means retailers can pinpoint high and low-performing products for each specific location. Using a unified inventory management solution allows for faster identification of inventory problems and results in fewer bad inventory issues like overstock. For brands looking to improve…
Everything You Need to Know About Filing Taxes on Winnings
Give Copy 2 to the winner for use in filing a state income tax return. Regular gambling withholding is figured on the total amount of gross proceeds (the amount of winnings minus the amount wagered), not merely on the amount…
How to Pay Taxes on Gambling Winnings and Losses
In any event, if your bet was with a casino, we’re fairly certain you’ll get the W-2G. But if your bet was just a friendly wager with a friend turbotax gambling winnings or you won an office pool … well,…
IRS, Free File Alliance Offers Free Tax Filing, Including Intuit TurboTax Freedom Edition
Here are some of the various ways you can find answers and guidance when filing your return with TurboTax. One of TurboTax’s most notable features is its contextual help in the form of videos, expandable sidebar information, and embedded links…
Accounting Jobs for May 2024
One thing to prepare for as a freelancer is the lack of a fixed salary. You’re not employed by one firm, and you only earn depending on how many gigs and clients you actually get. Today, that number is even…