It will also be important to note prices in invoices you give to the consignment shop. List the name of the product and details (e.g. Green 8 x 10 Tote Bag), the retail price it should be sold at, and the amount you will be paid if it sells. A consignment shop doesn’t have to pay any money upfront to carry your products in their store. The consignment shop may take a higher percentage if…

Most times, disloyalty comes in the form of an emotional connection with someone else. Having a passionate affair with another person is a type of unfaithfulness. As we discussed, loyalty in a relationship is about trustworthiness, dedication, trust, and responsibility. It implies staying with your partner through all kinds of challenges, even when things are difficult. In all honesty, not every person has a correct perspective of what loyalty in a relationship means. Honesty An…

If you have any unpaid alimony or child support it can also be automatically deducted from your winnings before payout. Unfortunately, you don’t have a choice on how much state or federal tax is withheld from your winnings. The only piece you can control is how much money you save to cover any extra money you may owe. Enter the amount won to estimate how much federal tax may be immediately withheld on your winnings….

The right side (credit side) is conversely, a decrease to the asset account. For liabilities and equity accounts, Accounting Periods and Methods however, debits always signify a decrease to the account, while credits always signify an increase to the account. It makes it a valuable tool for any student pursuing a career in accounting, as it allows for a more in-depth understanding of an organisation’s financial standing. Guest Post Part 1 of 4 – How…

Before filing with TurboTax, it’s important to know that not all versions are free. While active-duty and reserve military members may be eligible to file their federal and state tax returns for free. You can use the app to snap a pic of your W-2 and other documents and your information will be automatically entered in your return. It’s important to note that the mobile app doesn’t have access to the print center or tax…

It is the accounting principle that revenue and expense must record based on occurrence. For insurance, the expense is recorded when the company has utilized the service. After 12 full months, at the end of May in the year after the business license was initially purchased, all of the prepaid taxes will have expired. If the company would like to continue to do business in the upcoming year, it will have to prepay again. After…

Even if you have bank accounts with multiple banks, it’s easy to print a deposit slip with the right slip templates. It is a crucial tool for keeping track of financial transactions and ensuring that deposits are credited to the correct account. In this article, we will discuss the various types of deposit slips, how to properly fill one out, and the benefits of using them for your banking needs. Pay Bill But, you have…