Yes, QuickBooks allows you to set up each portion of sales taxes separately as a sales tax item and then as a group sales tax. For instance, in North Carolina we must collect sales tax for state, county and transit taxes.
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Distributors and Suppliers, Do You Know What You Are Missing?
Sometimes we just miss the obvious. We are so busy doing what we are accustomed to doing that we miss opportunities right in front of us!
Read MoreGet Emotional
People buy emotionally but justify their purchases logically. When you’re a features and benefits type of salesperson, you’re touching the logic, but how can you create some emotional points of difference?
Read More5 Reasons Politics Is Like Sales
5 Reasons Politics is Like Sales:
- Sometimes the people making the decisions are not the people you are talking with.
- You never get the order you don’t ask for.
- You rarely get the order on the first try.
- Relationships matter.
- Actions speak louder than words.
One Key to Success in Life and Business
I could easily title this commentary “What’s Really Important,” but instead I am going to drill it down to just one really important thing that has been hit home for me.
How Can I Track the Profitability of a Purchase Order in Quickbooks?
QuickBooks allows you to set up purchase orders as jobs. A report of profitability by job can be run after the PO has been invoiced and the supplier purchase order has been converted to a bill or paid.
Read MoreThey Buy How it Makes Them Feel
Your customers buy emotionally, and justify it logically. If they are buying online or from the lowest-priced vendor that they can find, it means that feeling like a price-savvy shopper means more to them than how you make them feel.
3 Reasons the Mobile Web is Overblown for Promo Products
Google released a new algorithm that punishes your site if it isn’t mobile-friendly. Sure, a mobile site is a smart idea and you should have one. However, it is not urgent for most of you. Here are three reasons the hype is not going to match up the reality for most promotional products companies (as well as a few other companies).
Read More11 Keys to Great Success in Life and Business
There are many common keys to success in building a great business and building a great life. Over the next several weeks I will focus on the 11 keys to accomplishing both.
Read MoreI’m Promoting a Competitor … Why Should That Matter to You?
In a recent commentary, “How Does Amazon’s Business Model Affect Us?” I alluded to how online efficiency will change how products are being purchased, even promotional products.
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