Merchants appreciate this app for its time-saving benefits and efficiency in automating bookkeeping tasks, reducing manual entry errors. Automates ecommerce accounting with a breeze by syncing Shopify to QuickBooks Online, QuickBooks Desktop, Xero and 30+ marketplaces. Webgilitys support team is there when you need help and fix any issue you may have in a timely […]

Staying on top of wage and hour and other employment-related laws is an important part of payroll compliance. Further, it is important to understand the relevant laws surrounding pay adjustments. If you are planning to change your employees’ pay, you should first consult with their employment contract. You will therefore need to negotiate employment terms […]

If you would like the calculator to calculate your total overtime wages for a given number of overtime hours, enter the number of overtime hours. Finally, the calculator will even estimate your total annual overtime wages based on the number of OT hours you work per pay period, and on your pay period type. The […]

These include the cost of rents paid on corporate offices or equipment and all taxes paid to state, 1120 form tax local, or foreign governments. Interest expense paid on corporate debt is generally deductible, though limitations may apply under Section 163. Furthermore, advertising expenses and contributions to employee benefit plans must be clearly documented and […]

Hence, auditors usually perform other procedures together with the inquiry such as inspecting the supporting documents to ensure that the explanation provided by clients can be relied upon. If management is committing fraud in generating financial statements, it is possible that all of the preceding assertions will prove to be false. All transactions or account […]