Find everything you need from employee benefits to hiring and management tools. See articles customized for your product and join our large community of QuickBooks users. You have a couple options to help add some of your employee info. You’ll need to complete a few tasks before you can pay your team. Set payroll to [...]

Find everything you need from employee benefits to hiring and management tools. See articles customized for your product and join our large community of QuickBooks users. You have a couple options to help add some of your employee info. You’ll need to complete a few tasks before you can pay your team. Run payroll in [...]

See how top accounting firms use Payroll with the HoganTaylor case study. Set up and track employee paid time off and manage paid, unpaid, sick, and vacation time. Easily file, preview, print, and distribute employee Forms W-2. No syncing, importing, or manually re-entering data needed.You will have access to your QuickBooks Product for the remainder [...]

Here’s a handy guide and videos to help you get set up. See End User License Agreement for additional details. For a year, you'll earn 30% of your client's subscription price and your client saves 50% off for the first 3 months. They’ll save 30% for the first 12 months of their subscription. Whether it’s [...]

The contribution margin ratio is used to calculate the breakeven point, which is the level of sales at which total revenue equals total costs. A higher contribution margin ratio means a lower breakeven point and vice versa. By calculating the contribution margin, businesses can determine the point at which they will break even and start [...]

It is the monetary value that each hour worked on a machine contributes to paying fixed costs. You work it out by dividing your contribution margin by the number of hours worked on any given machine. Therefore, it is not advised to continue selling your product if your contribution margin ratio is too low or [...]

Additionally, buybacks can improve financial ratios, such as return on equity, by reducing the denominator, which is the equity base. When a company initiates a buyback, it purchases its own shares from the market, reducing the number of outstanding shares. This reduction can lead to an increase in BVPS, as the equity is spread over [...]

Companies account for their assets in different ways in different industries, and sometimes even within the same industry. Similar to mutual dividends payable definition + journal entry examples funds, ETFs also calculate their NAV daily at the close of the market for reporting purposes. Additionally, they also calculate and disseminate intraday NAV multiple times per [...]

In doing so, Congress emphasized that the WOTC is a subsidy designed to incentivize the hiring and employment of individuals who are members of targeted groups. Finance leaders should put systems, processes and capabilities in place in order to benefit from WOTC and help ensure compliance with program requirements. In order to claim the tax [...]

Inaccurate reporting of elective deferrals in Box 12 Code D can have significant consequences for taxpayers. If the amount reported is incorrect, it can impact the taxpayer’s taxable income, leading to over- or under-withholding of taxes. This can result in penalties, fines, or even delays in processing tax returns. W2 Box 12 is a section [...]