Payroll accounting is the recording and tracking of all payroll transactions. These transactions include paychecks distributed to employees, deductions and taxes withheld from employee paychecks, and employers’ share of benefit contributions and taxes. To get started, you’ll need to set up a chart of accounts and gather reports from your payroll system. Having the right…
How To
How to Use Microsoft Teams Breakout Rooms
In Microsoft Teams, meeting organizers can split meeting attendees into smaller groups called breakout rooms. They are sub-meeting spaces for brainstorming, private side conversations, and small-group collaboration. In this article, we discuss how to use Microsoft Teams breakout rooms and explain the steps for managing participants, joining ongoing meetings, and making the most of this…
How to Start a Gift Basket Business in 7 Steps
Starting a gift basket business involves finding a niche, choosing a sales channel, registering your business, designing your baskets, and developing a solid marketing plan. To start a gift basket business from home or a storefront you need a carefully crafted business plan, a flair for creativity, and as little as a few thousand dollars….
Warehouse Layout Design Planning: Steps + Examples
The efficiency of any warehouse operation highly depends on its floor plan’s layout and design. Key steps to an efficient warehouse layout design include schematic creation, space optimization, equipment selection, implementation of sound workflow strategies, and traffic flow testing. Before starting the layout planning process for your warehouse floor plan, consider your needs—from space utilization,…
How to Set Up & Use Zoho Free Business Email Accounts
Zoho Mail’s free business email accounts are perfect for startups and small businesses on a budget. You can create up to five email accounts on a domain you own to use forever or until you’re ready to scale up to one of Zoho’s paid plans. Setting up a Zoho free business email account is easy:…
How to Private Label Products for Profit Successfully
Private-label products are goods made by a third-party manufacturer and sold under a retailer’s brand name. Private labeling is a common practice by retailers, allowing them to create brands by outsourcing product sourcing and manufacturing. Also called “white-label brands,” private labels are applied to the packaging only when it is time to sell the product….
How to Do Payroll in Ireland: Ultimate Guide
Learning how to do payroll in Ireland starts with registering your business with the national Pay As You Earn (PAYE) system and the Pay Related Social Insurance (PRSI), and then getting your employer registration number. After that, the process is similar to the US, but be aware that there are more tax requirements and social…
How to Do Payroll in Germany: Ultimate Guide
We won’t sugarcoat this: Learning how to do payroll in Germany can be a challenge. It has complex payroll and tax requirements and strict working hours and employment laws. But Germany is the largest economy in Europe, offering businesses prime opportunities to expand internationally. Use these seven steps as a guide on how to do…