Accounting for Insurance Premiums

If you’re lucky, you have all your insurance policies with the same company and they all renew on the same date, but for many businesses this is not the case. You may have your worker’s compensation coverage with one insurance carrier and your general liability with another. They may also have different renewal dates and different payment plans. Trying to keep track of what you’ve paid, and what your true monthly insurance expenses are, can be difficult.
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Payroll Direct Deposit: What are You Waiting For?

The number of employees who receive a printed paycheck is getting smaller and smaller. Most companies are changing their payroll to direct deposit systems. There are few companies that still give their employees a choice, but, for the most part, companies who have chosen the direct deposit route are now requiring that all their employees receive their paychecks in this manner. With so many companies doing it, there must be some good reasons behind it. Let’s look at what those are.

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Gift Cards and Gift Certificate Accounting

If your company is considering the addition of gift cards or gift certificates as an option for your customers, it will be important to understand the accounting that will be required to track these items.

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