Lead tracking is storing, organizing, and updating prospect data and sales activity information. To perform this process, you’ll need a sales leads tracking tool and then start by defining the types of data you want to collect. Once that’s established, keep the information updated as you generate, assign, qualify, and nurture leads and finalize sales…
How To
How to Set Up Direct Deposit for Employees (+ Free Template)
Direct deposit is a secure and efficient way to pay employees by electronically transferring wages into their bank accounts. This eliminates the need for paper checks and ensures timely payments. If you’re wondering how to set up direct deposit for employees, this guide will walk you through the process, including the legal requirements, costs, and…
Unapplied Cash Payment Income in QuickBooks Online: Causes & How To Fix
If you’re seeing unapplied cash payment income in QuickBooks Online, it means a customer payment was recorded, but QuickBooks doesn’t recognize it as linked to an invoice. This usually happens when the payment date is earlier than the invoice date or if a payment was entered without being correctly applied. It can also occur if…
Guide to Payroll Accounting: What It Is, How It Works + Steps
What is payroll accounting? Payroll accounting is the process of managing, recording, and reporting all aspects of payroll transactions. This includes paychecks distributed to employees, deductions and taxes withheld from employee paychecks, and the employer’s share of benefit contributions and taxes. Accounting for payroll is fundamentally straightforward — you log all employee compensation expenses, record…
How To Calculate Useful Life of an Asset for Tax & GAAP
There is no definitive way or mathematical model to solve how to calculate the useful life of an asset, as the calculation varies depending on whether you follow IRS tax regulations or GAAP guidelines. As such, I’ll go over how to determine the useful life of an asset for two purposes: tax depreciation and financial…
How to Start a Cleaning Business: Complete Guide
With the janitorial services industry currently valued at $931 billion, starting a cleaning business can be a profitable venture, whether you’re looking into residential or commercial cleaning services. In this guide, we cover the essential steps and low-cost strategies to help you launch your cleaning business on a budget. You can also download our complete guide…
How to Start a Small Business: An Ultimate Guide
Starting a small business involves coming up with a business idea, testing the idea, writing a business plan, acquiring funding, choosing a business structure, registering the business, getting it insured, making key hires, setting up systems, and finally, marketing and promoting it. Whether you’re starting a part-time business or quitting your corporate job to create…
How Much Does a Billboard Cost? (+ Pricing & Ad Tips)
How much does a billboard cost in the US? In 2025, the national average is $3,953.16 for a four-week campaign. However, it depends on where your billboard will be placed and the type of billboard you use (physical or digital). Plan to spend between $1,000 and $5,000 a month in small to mid-size cities and…