article thumbnail

Hiring Internationally Doesn’t Have To Make Payroll Complicated

Allwork

It’s essential for an organization/business to have a more-than adequate payroll system. Allwork.Space may earn a small commission when you make a purchase through an affiliate link in our stories, at no additional cost to you. Having a good payroll service can make or break a company. This helps support our journalism.

Payroll 246
article thumbnail

12 Last-Minute Gift Ideas For Digital Nomads

Allwork

Allwork.Space earns a small commission when you click an affiliate link and make a purchase, at no additional cost to you. Even if they won’t file their tax returns themselves, it’s useful to be able to digitize all receipts and costs so that they can keep track of what’s happened during the year.

Gifts 290
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Employee Records: End of year review & preparing for next year

BMT Office Administration

These documents include payroll records, time cards, pay rate information, and anything else related to payment. These documents can also provide crucial information on performance pay adjustments and regular cost of living adjustments. How long should you keep tax, payroll , and benefits records? Compensation.

Medical 52
article thumbnail

What does it take to be a successful office manager?

Page Personnel

For example, answering phones, taking messages, purchasing office equipment, working with relevant software and filing paperwork. Office managers may also draft documents, help with payroll, keep an organised office environment and communicate via phone, email and fax (yes, some companies are still using fax machines).

article thumbnail

Business finance: The ultimate guide for non-finance people

BMT Office Administration

Equity refers to the total value of a company’s assets minus the cost of its debts. Businesses have to incur lots of expenditures just to operate, including payroll , acquiring assets like vehicles & real estate, and day-to-day expenses (like a restaurant maintaining their inventory of condiments, food ingredients, and beverages).

Finance 105
article thumbnail

3 Loan Alternatives for Small Businesses

Small Business CEO

The obvious is to meet overhead, such as lease payments, utilities and payroll expenses. This may be in direct ways that increase revenues, or indirect means that cut costs or taxes. Examples include: Supplier discounts for bulk purchases. However, cash is also leverage to grow your company in ways not otherwise possible.

Payroll 40
article thumbnail

Eight Ways to Eliminate Paper and Clutter in Your Office

Ian's Messy Desk

The cost of storage media keeps getting less and less. Bank statements, voided checks, purchase records (purchase orders, payment vouchers, vendor invoices), and sales records (invoices, monthly statements, shipping papers andcustomers’ purchase orders). Personnel and payroll records. It adds up. Archive off site.

PDF 100