What is Work in Process WIP in logistics?

They aren’t yet ready for sale and are still listed under the inventory asset account in a company’s balance sheet. The inputted value of work in process inventory is often not the final amount, as other costs for packaging, storage, and transportation are also added in later steps. Work in process (WIP) inventory refers to … Read more

Attention Required! Cloudflare

QuickBooks Online offers a large selection of reports, but they aren’t industry-specific. Since QuickBooks Online is priced as a monthly subscription, it doesn’t require a contract and you can cancel your account at any time. Additionally, the desktop products are only available as annual subscriptions, making them a bigger commitment than QuickBooks Online. With four … Read more

What Is accounts receivable AR financing?

Exact qualifications vary by lender; however, most AR financing companies require at least $50,000 in annual revenue and operational history of at least three months. This is to verify the consistency of customer payments and ensure that customers won’t default on invoices. FundThrough offers an Express Invoice Financing program that’s geared for businesses that need … Read more

What Is An ITIN? What You Need to Know

The Direct File pilot program will be offered to eligible taxpayers in 12 pilot states who have relatively simple tax returns reporting only certain types of income and claiming limited credits and deductions. The 12 states currently participating in the Direct File pilot program are Arizona, California, Florida, Massachusetts, Nevada, New Hampshire, New York, South … Read more

ADP Payroll Pricing And Fees 2024 Guide

ADP, a giant in the payroll processing industry, offers payroll products to fit businesses of all sizes. ADP RUN is geared for small businesses with one to 49 employees, but can also be used by businesses with 50 or more employees. RUN is recommended for businesses with up to 49 employees, but it can still … Read more

A Guide to the 1098 Form and Your Taxes

You may fill out this form, found online at IRS.gov/Form1098C, and send Copies B and C to the donor. Taxpayers with income of $79,000 or less last year – and that’s most taxpayers – can use IRS Free File Guided Tax Software https://turbo-tax.org/ now through Oct 15. IRS Free File Fillable forms, a part of … Read more