article thumbnail

How The Corporate Card Eases SMBs Into B2B eCommerce

PYMNTS

For small, mom-and-pop retailers, complex or proprietary procurement platforms simply aren't in the cards. With the pandemic accelerating businesses' digital shift , small retail buyers have shifted their buying operations to the B2B eCommerce realm, and for many, the online marketplace operates in lieu of a procurement solution.

B2B 94
article thumbnail

What is COGS in Accounting and How to Calculate It?

Snyder

” COGS is also an accounting term under U.S. Generally Accepted Accounting Principles (GAAP) that requires businesses to apply certain inventory costing principles. Everything that is manufactured and purchased during the year by a manufacturing or retail company is added to the beginning inventory.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Tax Forms Explained

MazumaBusinessAccounting

So, no matter your type of business—whether you are a blogger, online retailer, or an attorney—small business owners must file with the correct tax forms. Taxpayers who owe less than $50,000 in taxes, interest and taxes may be able to complete an online payment agreement (OPA) application.

Tax 69
article thumbnail

Best business banks of 2023

xendoo

If you have cash transactions, which is common with franchises , retail stores, and restaurants, physical bank locations are more important. 10 Best business banks Whether you’re considering switching banks or starting a business checking account for the first time, you can compare features, fees, and more below.

article thumbnail

Best business banks of 2023

xendoo

If you have cash transactions, which is common with franchises , retail stores, and restaurants, physical bank locations are more important. 10 Best business banks Whether you’re considering switching banks or starting a business checking account for the first time, you can compare features, fees, and more below.