Instead, businesses collect sales taxes from consumers and then remit that money to the appropriate government entity. Use this calculator the find the amount paid on sales tax on an item and the total amount of the purchase. Sales tax is calculated by multiplyingthe purchase price by the sales tax rate to get the amount […]
آرشیو دسته بندی: Bookkeeping
Understanding the financial health of a nonprofit organization requires a comprehensive look at various financial statements, one of which is the Statement of Cash Flows. This document provides a detailed account of the cash inflows and outflows over a specific period, offering insights into the organization’s liquidity and operational efficiency. For example, a small nonprofit […]
The law also includes a return-to-work provision, requiring employees to return for at least eight weeks after taking leave, with exceptions in certain circumstances, including serious health conditions. The legislation includes provisions for civil action against private employers who fail to comply with the new requirements, with potential penalties of up to $5,000 per violation. […]
Keep an eye on emerging trends and be ready to upgrade your systems as needed. Automation software streamlines approval workflows for expenses, invoices, and purchase orders. By setting predefined business rules, the system routes documents to the appropriate approver and sends notifications for pending actions. Download our free invoice templates with and without VAT, or […]
Avalara determines when thresholds are met in any jurisdiction and automatically prepares, files, and remits sales taxes where required. We are a small non-profit and use Acuity for our monthly bookkeeping, invoices, and annual tax forms. They are very attentive, easy to work with and communicate well. I would recommend them to anyone looking for […]