Learn what SBA loans are and the kinds of businesses that are eligible to apply for them, as well as what is needed to submit an SBA loan application
An employer code is a tax identification number that's assigned to a business or company. There are also employer codes that are...
Payroll expenses are a major consideration for businesses, and proper management allows deductions that can lower taxable income. As your business grows and employs more staff, understanding and implementing anefficient payroll system, become vital for running your organisation lawfully and maintaining empl...
“There are two processes that payroll professionals often see as one,” says Julie. “They are closing one tax year off and opening up the next. “The new year checklist is bigger than the year end checklist nowadays. “So, as soon as you close off and before you start your month one...
Consolidating payroll operations with a single provider significantly reduces the risk of payment delays and errors, which are common when managing multiple vendors across different countries. This centralized approach ensures consistent, accurate, and punctual payments for all employees. Operational efficiency...
Learn how businesses are using location-based data via GPS, Wi-Fi, QR codes and RFID to gather user data, boost engagement, and save time and money.
Postal codes and ZIP codes are important for proper authorization.Credit card transactionstypically go through a sophisticated series of steps to not only ensure that the cardmember is genuine, but also to ensure that the merchant gets paid by the credit card issuer. Your ZIP code is just one...
Square leverages ACH to deposit the funds you process through Square into your linked bank account as quickly as possible. ACH transfers are batched and deposited on a set cadence. (We also use ACH payment processing to pay employees through Square Payroll and to deposit funds into sellers’ ...
Current liabilities are short-term debts that you plan to pay off within a year, such as credit card balances, payroll taxes, accounts payable, or expenses you haven’t been invoiced for yet. Non-current liabilities Non-current liabilities are long-term debts that your business must pay off ...
Having a firm grasp on routing numbers is especially important for businesses that manage payroll, pay suppliers, or handle direct deposits from customers. A mix-up can lead to delayed payments, which disrupt operations and potentially damage vendor relationships. Understanding the importance of ACH ...