October 24, 2023

Whats the Undeposited Funds account?

If a customer paid with a check or their payment comes with a reference number, you can record that information in QuickBooks as well. As it […]
October 6, 2023

What are payroll withholding taxes?

That number is divided by the number of pay periods you have in a year. In the case of hourly employees, it’s divided by how many […]
September 29, 2023

SG&A: Selling, General, and Administrative Expenses

SG&A expenses are typically the costs of selling and promoting a company’s products or services. This includes advertising, marketing, sales commissions, and other selling costs. General […]
September 5, 2023

Slow-Moving Inventory: Identify, Manage & Prevent It

Obsolete inventory is inventory that a company still has on hand after it should have been sold. When inventory can’t be sold in the markets, it […]

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