Managing Multiple Etsy Shops: Everything You Need to Know

The accounting software should allow you to easily record and categorize expenses, such as shipping costs, payroll, Etsy law firm chart of accounts fees, supplies, and advertising costs, in real time. Yes, Etsy reports seller income to the IRS if your total sales exceed $20,000 or if you have more than 200 transactions within a […]

Top CEO Decision-Making Frameworks for Business Success

Additionally, providing regular feedback and recognition for good work will help to motivate team members and keep them engaged in the decision-making process. The frameworks are classified into four groups depending on their approach and main use cases. Some frameworks can fit into several categories since they are versatile and can be used in a […]

Startup Accounting: The Ultimate Guide for Founders

Stripe does not warrant or guarantee the accurateness, completeness, adequacy, or currency of the information in the article. You should seek the advice of a competent attorney or accountant licensed to practice in your jurisdiction for advice on your particular situation. Here’s a breakdown of expected costs depending on your accounting approach. Read our recent […]

Accounts Payable Process: How To Streamline, Automate, And Improve Efficiency

However, finding the right accounts payable automation system can seem daunting. MHC NorthStar offers best-in-class technology to manage your AP processes and make all documents—especially those necessary for three-way matching—easy to access. On top of this organization, MHC’s NorthStar supports straight-through processing. That way, employees only look at problematic documents or high-value invoices, i.e., the […]