It is difficult to provide an exact premium without considering all of the elements of your business. This is because workers’ compensation costs are calculated using a formula that draws on multiple data points—including payroll, state regulations, and industry. Your workers’ compensation premium is written as a dollar amount per $100 of your company’s payroll….
How To
Different Ways to Pay Employees: Options for Small Businesses
Employers have options when it comes to how to pay employees in a small business. Besides the traditional payment methods, like direct deposit, pay cards, paper checks, and cash, there are some alternative options to choose from, such as stock compensation and mobile payments. Each payment option has pros and cons and must be managed…
How to Write a Sales Email in 7 Steps
Sales emails allow you to send information intended to generate leads or move a lead through the pipeline and address common objections from prospects. In our expert guide, we explain how to write a sales email in seven steps. These include determining sales objectives, researching email recipients, creating engaging subject lines, and initiating a call…
How To Record Credit Card Sales in QuickBooks via a Third-party Credit Card Processor
Our guide covers how to record credit card sales in QuickBooks Online using a third-party credit card processor. We’ll explain how to record the sale as a payment for an outstanding invoice or as a sales receipt if no invoice has been issued. Step 1: Record Receipt of the Credit Card Payment In QuickBooks…
Hiring Contractors & Employees in Switzerland as a US Business
Switzerland, with its highly skilled workforce and strong economy, has become an attractive destination for US-based employers seeking top-notch professionals. Deciding whether to partner with an independent contractor or hire employees in Switzerland presents challenges for small businesses, especially given that Switzerland has some of the highest salaries in the world. For quick reference—if you…
How to Use Zoho CRM in 7 Easy Steps
Zoho CRM is popular customer relationship management (CRM) software used for managing sales, marketing campaigns, and customer support in a collaborative environment. To get the most out of Zoho, set up and customize the system to your organization’s preferences, then incorporate the data and workflows you’ll need. Here’s how to use Zoho CRM in seven…
How To Reconcile Credit Card Accounts in QuickBooks Online
This guide will teach you how to reconcile credit card accounts in QuickBooks Online to ensure that the credit card activity in the platform matches your credit card statements. We’ll also share some of the common errors that you may encounter, along with some tips to locate discrepancies. Step 1: Navigate to the ‘Reconcile’…
How To Process Bank Reconciliations in QuickBooks Online
In this guide, we’ll show you how to complete a bank reconciliation in QuickBooks Online, which can help verify that all the activities in your bank account are recorded accurately. To successfully reconcile your transactions against your bank statement, the difference between the ending balance and cleared balance should be zero. If the difference isn’t…