I’ve seen books where the vendor names are omitted – probably in an attempt to speed up data entry. So just the date, dollar amount, and expense account were recorded, but not who the money was paid to. Did you know you need to be able to track how much...
One topic that can be confusing for business owners is the federal requirement to report payments to vendors. A W9 is a federal tax form you use to request a taxpayer’s federal tax identification number. The easiest way to collect this form from your vendors is to do...
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