Bookkeeping

Pixel Watch 2 gets Google discount, Black Friday Pixel 8 deals back

Let’s assume that 100 keyboards are sold for the list price of 300 each with a trade discount of 10%. Resellers also benefit from this discount as they grow and their own costs become more streamline. Because volume often factors into discount rate, distributors can grow unencumbered by additional COGS, since they’re not responsible for production. …

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Cash Discount

Just be aware that if your customers already tend not to use their credit cards, you won’t save much money by implementing cash discounting. Cash discounting alleviates some of the burden merchants face in paying the cost of transaction processing fees. It’s important to understand that a cash discount is not the same thing as …

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I still want to use a desktop version, not online

QuickBooks Self-Employed will automatically do the math for you using the current IRS mileage rate. Just opt into mileage tracking via the app to automatically log all of your car travel. QuickBooks keeps a running tally of business miles and the corresponding deduction. Our partners cannot pay us to guarantee favorable reviews of their products …

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Sole Trader Bookkeeping and Accounting: How to do it?

You are not expected to perform in-depth financial analysis, but keeping track of your accounting records is important. In the grand scheme of things, MTD will make things much easier for sole traders. Bear in mind that MTD for ITSA will only affect sole traders who make more than £50,000 per year. Surprisingly, some sole …

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