Category: Accounting

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Holding Inventory on Consignment

April 4, 2018 by in category Accounting, Fishbowl, Inventory Management, QuickBooks

If you’re lucky enough to have suppliers who let you hold inventory on consignment, good for you! Having inventory that you don’t have to pay for until after it’s sold is great for cash flow. However, if you don’t do things right in Fishbowl, consigned inventory is not so great for your accounting records. In [...]

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Is Sales Tax Compliance Making Your Head Spin?

September 14, 2017 by in category Accounting

States are facing budget deficits so—surprise!—many are tinkering with their sales and use tax laws and beefing up enforcement in order to increase their tax revenue. Where does this leave you? Most likely scrambling to make sense of it all. A big issue that everyone is grappling with today is that the ways in which [...]

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