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5 SOP examples for your business

BMT Office Administration

New hire refers to any new employees beginning employment at the company. Conduct the HR orientation to orient the new employee with the timekeeping and payroll software , necessary paperwork, and internal resources. Follow the expense policy to document any charges put on a company card. Expense policy.

Payroll 72
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Business finance: The ultimate guide for non-finance people

BMT Office Administration

The beginner’s business finance glossary “Our P&L report shows that our revenue is now greatly exceeding our expenses, and we’re showing a considerable profit.” “In So whenever you hear someone talk about their fiscal year, they’re referring to the 12-month period they use for accounting and taxes. The good news?

Finance 105
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It’s time to review (or create) your document retention policy

BMT Office Administration

As a starting point, consider what these organizations say about some major types of records to keep and for what length of time: Per the Internal Revenue Service : The length of time you should keep a document depends on the action, expense, or event which the document records.

Policies 105
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Stay organized and secure with electronic records management

BMT Office Administration

Basically, the term refers to evidence of business-related activities, such as events, transactions, discussions, and communications. provides small businesses and the self-employed with guidance about recordkeeping of supporting business documents such as gross receipts, purchases, expenses, and assets. Payroll information.