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Reduce time by processing payments online
posted by number generator @ 9:37 PM
Monday, November 2, 2009
Reduce the time it takes going to and from the bank by processing your check payments on line. How can i do that? Check with your bank and see if they offer RDC (Remote Device Capture). It allows you to batch all of your business checks for that day into one deposit on online. It will save you time and money and continue to do do your business.
The RDC device, is a check reader, that reads the front and back of your business checks or personal check that is made out to the company. Call your main bank branch and see if they are running a special on them. The price is around $450-$500, depending on the type/model of the device. It will automatically create a deposit ticket for you online. It dont matter if your running quickooks or peachtree accounting. You can print everything out and put into your batch for the day.
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don’t add products that isnt relevant to your business
posted by Jenny @ 9:18 PM
Monday, November 2, 2009
Did you hear that walmart is now selling Caskets and Urns? Yep, its true. Its not available in the store, but it is on their website. Walmart is known for its huge stores and can sell almost everything a small town can offer. I can understand why what Walmart wants to sell those items to help everyone out, but the Caskets isnt even relevant to what walmart sells though.
Alot of people are really commenting on this idea they had. If Sam Walton was still living…he wouldn’t have Walmart to sell that item. He wanted things only made and sold in the USA. Walmart has really gotten away from that idea.
So….if your selling business checks…why sell cars? Its not relevant. Your website or store should only have products that will make your business or home work like you want it to. Business checks, deposit slips, and envelopes is what helps your accounting dept to be functional along with the software.
7 ways to navigate a liquidation sale
Highlights
- Make sure it’s a bargain
- Ask about warranties
- Check thoroughly the item you’re buying
As the list of retail brands going bust grows and everything-must-go sale signs clutter street corners, it’s easy to be lured by the promise of big bargains. But liquidation sales can be some of the worst places to shop for deals, so it’s important to know the pitfalls.
“Liquidation sales can be worse than the regular promotions available at the same stores before they announce the closing of their businesses,” says Tony Gao, a marketing professor and retail expert at Northeastern University’s business school in Boston.
Going-out-of-business sales will grow amid the retail industry’s continued slide. The International Council of Shopping Centers predicts 148,000 retail stores will shut in 2009.
But why put up with poor service, crowded lines and the “all sales are final” policies typical of liquidation sales if you aren’t even getting a good deal?
Here are seven tips to making a liquidation sale work for you. Dont forget to use your business deposit slips to allocate the money into the right account
Title here
- Make sure it’s a bargain.
- Ask who is managing the sale.
- Ask about warranties.
- Check the item you’re buying thoroughly.
- Pay with a credit card.
- Check with the Better Business Bureau.
- Haggle.
Make sure it’s a bargain
“You can’t just go into the store thinking everything is going to be a good deal. Don’t just walk in saying, ‘Hey, I want a flat-screen TV,’ and walk out with it. Compare prices and don’t just presume everything is a good deal,” says Alison Southwick, spokeswoman at the Better Business Bureau, or BBB, in Arlington, Va.
Growing up means learning how to complete a lot of small details and procedures, especially when it comes to money. For that reason, it’s important that everyone with a checking account or who has to manage their own money learns how to fill out a deposit slip. And while every deposit slip is slightly different, the basic information is always the same. For one, put your name in the designated area and the date in the designated area.
If your deposit slips didn’t come from your checkbook, fill in the proper routing number and bank number. Both these numbers are found at the bottom of your checks. Then, fill in how much you have in each denomination. As such, put how much cash you’re depositing separately from how much you’re depositing in checks. Add the sum total of your deposits. Then add how many total items you’re depositing. All cash counts as one, while each separate check is one more.
Going to the bank unprepared can be a waste of time, particularly if you’re running a store and you can’t afford to spend time filling out paperwork followed by a long wait, it’s a good idea to keep deposit slips on hand.
By keeping deposit slips at home or in the office, you can fill out everything ahead of time and head straight for the line instead of having to fumble around with paperwork.
What does the Peachtree Deposit slips look like? The peachtree deposit slips are very simple and easy to use. Each of the peachtree software programs has the features to use the deposit slips.
Peachtree makes it very easy to assign a deposit ticket to a assigned deposit. You could do it for the day, or certin orders. Either way, it will still work with how you do accounting.
How many types of deposit slips are out there? Theirs 9 different types
- Quickbooks-One deposit ticket on top with no stubs (Most Common with business checks)
- Peachtree- One deposit ticket on top with no stubs
- BDT -32 Deposit Entries
- D30-17 Deposit Entries
- D25-Cash Brokedown with 9Deposit entries
- D60
- D35
- D99
- Personal depost slip
Those are the most common, but theire are over 175 different templates you can use. The ones that are the Slips, can come in a booked format, loose, top cover, wrap around and mulit part (carbon copy). if a company dont have it listed on their website, doesnt mean that they cant do it. Email or call and find out, and just specify exactly what you want.