Recent content by Verena

I’ve been researching careers in finance and came across the role, but I’m not fully clear on how to become a loan officer or what the requirements are. Some sources say you just need experience and a license, while others mention formal education or training.

Much easier and formal payslip templates can be found on Microsoft Office, Google Docs, Canva, or websites on simple templates, like the Template.net. These templates can be utilized and customized and they can be used in businesses or personal payroll management.

Freelancer / Very small business / Startup → Lean to simpler providers bookkeeping-oriented (such as Bench, Botkeeper) at the lowest cost and minimum financial hygiene. Uncomplicated SME that needs payroll, tax, compliance → Use full-service (such as Bookkeeper360, Ignite Spot) which do...

Semi-monthly payments are made twice a month, typically on the fifteenth and last day of the month. You get paid twenty-four times a year. Receiving payment every two weeks, or 26 paychecks annually, is referred to as bi-weekly. In some months, this may result in greater income.

The state's standard sales tax rate is 7.25%, but local districts are allowed to raise it by an additional tax, so the rate in each city or county can range from 7.25% to 10.25%.

Accounts Payable is the sum of money that a business owes its vendors or suppliers for goods and services that were acquired on credit. It represents short-term loans that must be paid on time and is shown as a liability on the balance sheet.