People think that accounting and finance can be difficult to understand because it is math based. However, these topics can be difficult because they are conceptual and thus you have to learn about finance and accounting topics from someone that can build your thinking pathways to be receptive to the information. Subscribe today and learn this important skill, not only for your career but for your personal life! Be sure to visit our website at www.coeurbridge.com.
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People think that accounting and finance can be difficult to understand because it is math based. However, these topics can be difficult because they are conceptual and thus you have to learn about finance and accounting topics from someone that can build your thinking pathways to be receptive to the information. Subscribe today and learn this important skill, not only for your career but for your personal life! Be sure to visit our website at www.coeurbridge.com.
Cash Flow Trap - Handling Sales Tax Most Effectively
The Bean Counter
8 minutes
1 month ago
Cash Flow Trap - Handling Sales Tax Most Effectively
In my bookkeeping business, Coeurbridge, we have encountered issues with conflicting tax flows when paying sales tax for clients. The reason for this is that sales tax is collected on invoices and deposited into your regular operating expense checking account. However, if you do not transfer it into a separate sales tax agency payable checking account, you risk spending money that is not yours.
Want to talk to us about assisting your small business with bookkeeping? calendly.com/coeurbridge
Website: www.coeurbridge.com
Video of podcast: https://youtu.be/0Md_eRitxqM
The Bean Counter
People think that accounting and finance can be difficult to understand because it is math based. However, these topics can be difficult because they are conceptual and thus you have to learn about finance and accounting topics from someone that can build your thinking pathways to be receptive to the information. Subscribe today and learn this important skill, not only for your career but for your personal life! Be sure to visit our website at www.coeurbridge.com.
