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Category: Bookkeeping
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Solved: 1099 Contractor Expense Reimbursements
The first step to optimizing your reimbursement process is to create (and communicate!) the rules. Let employees know what kinds of expenses qualify for reimbursement, and if there are any special requirements or approvals needed in order to receive the reimbursement. Think of bookkeeping as an accountability buddy — it tracks your daily income and…
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M vs MM What Is The Correct Abbreviation for “Million”?
By placing the first occurrence of a given symbol (abbreviation) in each article or presentation within parentheses you remove all doubt about what you mean. I have had the same dilemma and come to the conclusion that using k for thousands and MM for millions is a reasonable and pragmatic thing to do. Because we…