Category: Accounting and Finance


Accounting and Finance, Business

3 Steps to Create a Solid Expense Account Policy

Ben Dwyer
by Ben Dwyer

Employees with expense accounts pay for business-related goods and services with the understanding that they’ll be reimbursed. It makes things easier for staff members who travel, entertain clients, or otherwise need to spend money in order to bring sales and profits to your business. The more profit you can get out of your business the […]

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Expense accounts are financial allowances offered to particular employees to cover business expenses. But they’re also a common place to “leak” cash, and if you’re not careful, they could be costing you.

3-Steps-Create-Solid-Expense-Account-Policy

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Accounting and Finance

Calculating Margin: Determine Your Profit

Ben Dwyer
by Ben Dwyer

Jump to Resources for the margin calculator. You know the margin has to cover a lot more than you and your employees’ salaries. Everything your business does, all the money it spends, from utilities to credit card processing, comes from that sliver of income. It’s vital to understand exactly what your costs and expenses are […]

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When you’re selling products and services, the way to make money looks straightforward — Sell the item for more than you paid for it and pocket the difference. That difference, the “margin”, is what you rely on to stay in business.

Calculating-Margin-Determine-Your-Profit

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Accounting and Finance, Business

4 Free Invoice Template Makers

Samantha Stauf
by Samantha Stauf

Without an invoice, your clients might not know when they owe money and how they can pay for the product or service. In the past, invoices would have to be mailed to clients. Thankfully, modern technology has made the process of billing far easier, and invoices can now be created, sent, and even paid online. […]

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Invoices, documents sent from a company to a customer or client that explains the details of a sale, are vital for many businesses. It gives you and the client a formal, written explanation of costs.

example invoice

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Accounting and Finance, Business

Taking Bitcoin – Does it Make Sense For Your Business?

Ben Dwyer
by Ben Dwyer

Let’s take a look at what Bitcoin is, how you can accept it, and whether you should consider taking it at your business. What is Bitcoin? Bitcoin Miners How are Bitcoins stored? Bitcoin Blockchain How much is Bitcoin worth? Bitcoin Exchanges – Converting to Dollars Bitcoin Fees and Payment Processing How does accepting Bitcoin work? […]

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The internet has changed the way we all live. Business is increasingly conducted in a virtual world. Now there are virtual currencies to match. Of these, Bitcoin is the best-known and most successful. As it becomes more popular, businesses are starting to ask: Should I take Bitcoin? And if so… how?

Bitcoin logo

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Accounting and Finance, Business

Recurring Payments and Subscription Billing

Ben Dwyer
by Ben Dwyer

Recurring or subscription billing gives you the confidence of a semi-guaranteed income. It makes managing your finances a little easier, lets you plan for the future, and gives you a cushion against financial shocks. When you understand how many new customers you’re taking on, and how many you’re losing (the “churn” rate), you can also […]

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There’s nothing quite like guaranteed money for your business. Whether you’re selling software as a service, subscription boxes, retainer agreements, or monthly product deliveries, recurring payments are essential to many businesses.

recurring billing calendar

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Accounting and Finance, Credit Card Processing

Square Capital: Is it Right for Your Business?

Ben Dwyer
by Ben Dwyer

Maybe it doesn’t even feel like a choice. You need money to make money; any aspiring small business owner knows this to be true. But who is going to give you a loan with less than stellar credit or no collateral? And, who has time to go through a loan approval process? Click, click, click […]

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Fast, easy, flexible, working capital that is only a tantalizing few mouse-clicks away…should you apply through Square to get a merchant cash advance?

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Accounting and Finance, Credit Card Processing

Should You Get a Merchant Cash Advance?

Ben Dwyer
by Ben Dwyer

Many processors now offer cash advances, and popular platform Square is making the process easier than ever by including information on their cash advance program, Square Capital, right in an eligible business’s processing dashboard. But are cash advances worth the costs? Primarily because of hefty fees, it may be worth it to look for funding […]

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When you need money for your small business, it may be tempting to take a merchant cash advance, or an advance of money against your future credit card sales. Your credit card processing company (or other cash advance provider) will deposit money into your bank account, which you will then pay back through daily automatic deductions from your credit card sales.

bag of money

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Accounting and Finance, Credit Card Processing

QuickBooks Integration: Getting Credit Card Processing Data into QuickBooks

Ben Dwyer
by Ben Dwyer

There are many processors who are able to offer integration or data export for QuickBooks, eliminating manual transaction entry. Types of QuickBooks Solutions Accounting Software QuickBooks Payments Point of Sale Software How do I get transaction data into my QuickBooks account? Point-of-Sale System Integration Gateway Plugin Export Data Should I just use QuickBooks Payments to […]

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Intuit’s QuickBooks is a popular choice for business accounting, and if you accept credit cards, you’re probably wondering how you can automatically input your sales data into QuickBooks. Contrary to popular belief, taking credit cards with QuickBooks isn’t limited to one processing company.

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