background preloader

Finance

Facebook Twitter

PayPal Personal Account vs Business Account - so c... How to Avoid High PayPal Fees: A Trick for Freelancers. Over the last month, I’ve talked to a handful of freelancers and entrepreneurs who thought there was no way around high PayPal fees.

How to Avoid High PayPal Fees: A Trick for Freelancers

Guess what: there is. And if you’re not using it, you are losing hundreds or thousands of dollars each year. PayPal’s fees have a way of emptying freelancers’ pockets. It’s called PayPal Business Payments. If you select this option when invoicing clients through Freshbooks or Harvest, you will pay only a flat 50-cent fee for each transaction, rather than the typical 2 or 3 percent. I can see your jaw dropping. How PayPal Business Payments work Shockingly — or perhaps not-too-shockingly, since PayPal wants you to pay high fees — it’s difficult to find much information online about how PayPal Business Payments work. Freshbooks has a good explainer about how to set up PayPal Business Payments in their system, and Harvest has some information on their site about it as well.

Accounting Software

Credit scores: How does your credit report work? Money Saving Expert. Universal credit ratings don' t exist.

Credit scores: How does your credit report work? Money Saving Expert

Each lender scores you based on its 'perfect customer' wish list. Contrary to popular belief, THERE'S NO SUCH THING as a 'credit blacklist'. This is a full guide to how banks credit score you, boosting your ability to get mortgages, credit cards and more, plus a trick to instantly get your free credit report. Plus, if you struggle to get accepted, try getting a Credit Card for Bad Credit. There's no such thing as universal credit ratings, or blacklist! Every lender has a 'perfect customer' wishlist, so a rejection from one isn't a rejection from all. The tools they use to decide aren't universal, either.

It's all about PROFIT, not RISK. Get a statutory credit report & improve your credit score. Understanding your Credit Report As a credit reference agency we collect public and credit data to produce credit reports and credit scores.

Get a statutory credit report & improve your credit score

These are then used by responsible lenders to make decisions about whether to give someone credit. But did you know you also have the right to access your personal credit information? Under the Data Protection Act, Equifax is permitted by law to charge you £2 for each request you make for your Statutory Credit Report, you can get it in one of the following ways: Order and see your £2 Statutory Credit Report on the Equifax Website Click here to complete our registration process.

Sign in. Top 18 Free Accounting Apps - 1 to 18 based on popularity. 1 to 18 based on popularity Accounting applications provide businesses with the tools needed to track incoming and outgoing cash flow, projected spending and budget plans.

Top 18 Free Accounting Apps - 1 to 18 based on popularity

AppAppeal ranks all accounting apps based on worldwide popularity. Popularity rank 3,401 AppAppeal rating 5/5 Price range (p/month): $19.00 - $39.00 Free plan available Mobile apps Xero is an online accounting system designed for small businesses and their advisors. Popularity rank 21,183 AppAppeal rating 3/5 Price range (p/month): $12.00 - $90.00 Harvest lets you and your staff track time, log expenses, and create invoices in one integrated workflow. Popularity rank 23,349 AppAppeal rating 4/5 Pricing (p/month): $9.95. Best free accounting software: 8 programs we recommend. These are tough times for businesses.

Best free accounting software: 8 programs we recommend

Now, more than ever, it's vital to keep a very close watch on your company finances. And that's where good accounting software can help, automating many of your business processes and producing detailed reports on precisely how you're doing. Deciding you need an accounting package is the easy part, of course - picking the best one for you is a different matter. One of the first issues to consider is the amount of support you'll need. If you're a total beginner then it may be wise to choose a commercial package where there's plenty of help available. If you're a little more experienced, though - or you just want to play around and learn the basics - then there's a wide range of free accounting packages around, and we've highlighted eight of the best. 1.

TurboCash is an open source small business accounting package, which the developers say has more than 80,000 users worldwide. 2. 3. 4. Evernote & Zoho Invoice - Integrate, Sync, Connect - CloudWork. 10 Smart Financial Apps to Solve Small Business Accounting Challenges. Every small business has encountered accounting and bookkeeping challenges.

10 Smart Financial Apps to Solve Small Business Accounting Challenges

In fact, even small accounting errors can potentially be a big problem. According to C.P. Morey, CPA and VP of AuditMyBooks in an AccountingWEB post, “One small mistake in recording a payment from a customer can lead to underpaid sales taxes ultimately resulting in unnecessary penalties and interest charges.” “Approximately 60 percent of accounting errors result from ‘simple bookkeeping mistakes or misapplication of easily understood accounting standards,’ according to recent research by Indiana University,” he said. However the best way to solve small business accounting problems is to stop them before they start by: developing a system and standards, using integrated software that requires less manual entries, using flexible cloud-based accounting software, educating yourself on bookkeeping, tax and accounting issues, and partnering with a CPA.