Tag: taxes

3 Great Reasons to Use QuickBooks in a Business

Posted on by Robert Lockard

Fishbowl’s QuickBooks & More video series is just getting started, and we’ve already covered some intriguing topics:

  • QuickBooks hotkeys
  • What QuickBooks is

And there’s a lot more to talk about! For example, why should your business use QuickBooks? Sure, it’s a great accounting solution for many small businesses. But what about yours? In case you’ve been asking that question, we have the answer for you! Of course, we don’t know exactly your situation. However, you’ll still find a lot of valuable information in this video. Indeed, it will help you narrow down your options and decide if QuickBooks is a good fit for you. Then you’ll be able to make an informed decision.

Let’s not waste another moment. Check out this video. In addition, we included highlights from it in written form below.

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Motivation to Make a Mindshift for Your Business by Dawn Brolin

Posted on by Robert Lockard

Dawn Brolin is the President & CEO of Powerful Accounting. The accounting community has been suffering for the past 18 months, and small businesses have been feeling that same pain and relying on them to survive the pandemic. She decided to ensure her Connecticut firm would thrive during COVID-19 by putting the right technology in place.

Her books, The Designated Motivator and The Designated Motivator for Accounting Professionals, are designed to give businesspeople the push they need right now. Although we can’t tell the future, we can help clients glide over speedbumps as they come up by presenting them with the best-of-breed technologies now, not later.

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2021 Sales Tax Changes Report Examines New Business Trends and Shifting Tax Landscape

Posted on by Kent Gigger

Repost from Avalara

Avalara has a 2021 Sales Tax Changes Reports to help businesses.

The COVID-19 pandemic has affected how we learn, shop, socialize, travel, and work. That, in turn, is influencing tax policy.

After employees across numerous industries transitioned to working from home, states struggled to determine the tax implications of a newly remote workforce. As ecommerce sellers struggled to keep up with a surge in sales, states that tax remote sales benefited from a steady source of sales tax revenue. When education and events moved online, the question of how tax should apply to virtual events arose. And so on.

Our 2021 sales tax changes report examines emerging trends in business and tax. As always, it should serve as a resource for business leaders and tax professionals seeking to better understand the ever-shifting tax landscape.

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Everything You Want to Know About Using Fishbowl

Posted on by Robert Lockard
Use the Fishbowl Wiki, training videos, and more to learn the software, Fishbowl Inventory Blog

We are going to discuss many of Fishbowl’s products, as well as their uses and training options. Fishbowl offers the #1 manufacturing and warehouse management solutions for QuickBooks, plus a variety of other solutions to help with additional aspects of business operations. Here’s a sneak peek:

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Should Your Warehouse Be Closer to the Factory or the Customer?

Posted on by Kent Gigger
This map shows states in the U.S. that have taxable and non-taxable shipping laws, Fishbowl Blog
The location of your warehouse can play a significant role in your store’s profitability. Consider the example of an e-commerce store selling licensed NBA jerseys. In this case, an L.A. Lakers jersey is more likely to be sold in and around Los Angeles than anywhere else. Stocking this inventory at a warehouse close to Los Angeles is common sense. On the other hand, let us consider a store that sells licensed Disney merchandise online. In this case, the buyers come from all across North America, and even the world. Would you identify your major markets and stock your inventory close to these locations? Or would you stock your inventory close to your manufacturer’s location and ship them to the customer on demand? There are no easy answers here, especially considering that rival stores like Amazon ship their products overnight. Housing your inventory close to the manufacturing location could dramatically increase shipping time, and this puts your store at a disadvantage. At the same time, if your products are made in a country like China, your holding costs here are significantly lower than what it would cost to stock inventory in the U.S. Here are a few factors to take into account when determining the location of your warehouse. (more…)

Did You Know Fishbowl Has a Canadian Version

Posted on by Robert Lockard
Fishbowl Canada offers manufacturing and warehouse management features to SMBs up north, Fishbowl Blog
Welcome to another installment in the Did You Know series where we explore interesting and important insights into Fishbowl and its features. Last week I noted that there is an Australian Fishbowl version that gives businesses Down Under the same manufacturing and warehouse management features as the ones available in the U.S. version of Fishbowl. This time I’ll talk about Fishbowl Canada. (more…)

How to Automatically Calculate Landed Costs

Posted on by Robert Lockard
Landed costs, Fishbowl Inventory Blog
Do you know precisely how much it costs to order new parts, products, and materials? You need to look beyond the initial price tag and dig deeper to discover what is known as the Landed Cost or True Cost of each item. Landed Costs are calculated by adding up all the costs that go into getting products from one location to another. These costs can be separated into four categories. Let’s go through each one: (more…)

Silly Rabbit, These Inventory Tricks Are for Kits

Posted on by Robert Lockard
Crossroad Distributor Source
Did you know that Fishbowl Inventory has a feature known as Kitting, which allows you to combine multiple products in a Sales Order into a single group? What does this mean and why is it useful to your business? I’ll be happy to show you. (more…)
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