It also supports credit card transactions for all the major carriers – Amex, Visa and Mastercard – at a competitive 2.9% plus 0.30 cents transaction fee. Choosing an accounting package often involves browsing a complicated comparison table, looking for hidden catches and trying to figure out which is the best product for you. If you run into …
More importantly, mobile apps allow businesses to swipe credit cards and handle other business transactions via mobile, tablet, phone, or even from sale stand. Mobile apps allow businesses to take payments on the go in a second.
This is how a mobile app can prove to be a great and profitable opportunity and that too with little investment. …
If you buy a franchise, you’re going to have real skin in the game, and it’s a game that you’re expecting to win. Do a simple net worth statement before you start your franchise search. For example, in a corporate setting, there are always rules to follow. Were you generally comfortable with them, or did you have a problem …
Data, such as financial records and other mission-critical information such as user login credentials, require storage where recovery is convenient and easy. Store data according to priority based on the importance of the data to the business. Use this step by step guide for preparing your comprehensive preparedness plan. When it comes to …
When that product is sold, it is again scanned by the barcode scanner to enter the details and price of the product in the customer invoice. The quantity of that product sold is automatically updated in the inventory system. You also have the option of using a custom SKU number for your products. SKU codes can be created manually or in an …
The general ledger says he paid $81, but the check shows he paid $810. You can imagine how easy it would be to make mistakes recording the same transaction in two places. Accountants regularly conducted general ledger reconciliations to catch errors. This transaction results in the bank’s assets decreasing by $1,000 and its liabilities …