Obtaining Accounting Data Efficiently
Whether a business reconciles their books monthly, quarterly, or even annually, financial...
Posts about
Elevate (2)
What is National Payroll Week and why is it important?
National Payroll Week recognizes the hard work and dedication of America’s workers and the...
Sales Tax Rate/Due Dates/Nexus/When to Collect
- Sales Tax Rate:
- The state sales tax rate in Kentucky is 6%. This is a flat rate applied to all...
Kotapay Benefits for Businesses
Kotapay is a leading electronic payment processing company, including ACH payroll direct deposits,...
How to Choose between Cash vs. Accrual Accounting for Your Business
Are you unsure if cash or accrual accounting would be the best method of accounting for your...
Extended Warranty Services
The definition of "extended warranty services" in KRS 139.010(15) now includes "prewritten computer...
Four Functions of AP
What is Accounts Payable? What does Accounts Payable do? These are important questions for business...
GAAP VS TAX
GAAP (generally accepted accounting principles) refers to a common set of accounting principles,...
Importance of Filing Quarterly Payroll Tax Returns
Businesses with one or more employees are required to withhold and pay withholding. Depending on...
Importance of Coding Transactions Correctly
“Accurate coding is the cornerstone of reliable accounting and bookkeeping”.